Stocks & ETFs

Emerging Markets (EEM) A Mixed Bag In 1st Quarter 2015

A stronger U.S. Dollar has weighed on the economies of many Emerging Markets, and in turn, levied some damage to EM equities as well. But most of the damage was doled out in the back half of 2014 when it became apparent that the U.S. Dollar rally was for real. So how are the Emerging Markets looking? In the 1st quarter, the broad-based Emerging Markets ETF (EEM) managed to hold above

Apple Stock (AAPL) Watch: Key Price Levels For Investors

It’s no surprise that Apple stock plays such a big role in day to day stock market moves as it carries an over-sized market cap tag in the S&P 500, Nasdaq, and Dow Jones Industrial Average. So even if you don’t invest or trade Apple (AAPL) stock, it’s still a good idea to know what this tech beast is doing. Back in early February, I did some research on Apple’s bullish continuation patterns during

Dow Jones Industrials Testing Confluence Of Price Resistance

Sometimes stepping back the day to day price movements can help us get a better perspective on the markets. When we look at a chart of the Dow Jones Industrial Average from 1920 to present, we can see each of the bull and bear market cycles. But we can also see some longer term support and resistance trend lines. And right now, the Dow Jones is bumping up against a long-term resistance

Caution: These Two Key Market Leaders May Be Topping

I am a big believer in following market leaders for both investment prospects and indicators. As investments, they can bring big profits. And as indicators, they can help us protect against losses. For example, when market leaders start to lag, they can have a big effect on the performance of the broader markets. Recently, we’ve seen this show up in the Biotech sector (U.S. equities leader) and are on watch

Yahoo Stock Rallies Off Key Support: Next Move Important

On a day to day basis I truly have NO IDEA what the fundamentals are doing. That’s because my specialty is advanced charting patterns. In short, I focus solely on the price action. One stock that I have been tracking closely (and has continued to follow price expectations) is Yahoo (YHOO). If you’ve been following my writing, then you know I’ve been covering Yahoo stock as a technical pure play. The

Why Best Buy Stock (BBY) May Be Running Out Of Steam

Best Buy stock (BBY) has been on an amazing run rallying over 65% since the start of 2014. Is it time to take to a breather? The evidence is pretty convincing that it is. Here’s a list of indicators and occurrences that are concerning me. Use the Best Buy stock chart below for reference. Price is testing resistance from the mid 2000’s high Simultaneously, relative strength is testing declining trend

Is The Russell 2000 ETF (IWM) Poised To Roll Over?

On the stock exchanges in the United States and globally, many of the equity indices we monitor are displaying potential topping patterns and signals. Some have reached significant upward targets and resistance levels. Others appear ready to create lower highs this month. Among the U.S stock market indices, the Russell 2000 (RUT) offers one of the clearest examples of an index that may be on the verge of a major

Sector ETFs In Focus: Healthcare Leading, Utilities Improving

When the markets get choppy or begin to consolidate, it’s a good idea to understand what’s happening under the surface. Market breadth indicators (like %stocks above their 50 day moving average) are one way to assess internals, but another way is by looking at sector rotation. By examining sector ETFs to see which are leading and lagging, we can figure out where the smart money is going. One tool that

Silver Prices, Sentiment Trying To Bottom: ETF Levels To Watch

While many point to the Federal Reserve as the tide that raises all ships, the boats carrying commodities have all but sank over the last couple of years. Silver prices have fallen nearly 30% since it’s 2014 high alone and made a series of lower highs and lower lows. It’s hard to argue against the notion that Silver is in a bear market as each rally gets faded. We can also

Why A Chipotle Stock Top May Be In the Works

The stock market has climbed back to (or near) all time highs with several stocks making new highs. However, one stock that is missing from that list is Chipotle (CMG). And this shouldn’t be a big surprise as I highlighted a potential Chipotle stock top in early February. At the time of that post, CMG was in the midst of a sharp decline. But since then, Chipotle’s stock has completed a typical