Investing Research

Why Akamai’s (AKAM) Stock May See Higher Prices In 2015

I’ve been involved in and out of Akamai Technologies (AKAM) for the better part of the last 17 years. There was a time when anything positive I’d say would have to be backed up by a long explanation of why there was a whole lot more to AKAM’s story than just being a “dumb bandwidth” reseller.  That story is now clearly out there so I will stick to a few

Is The S&P 500 Forming A Bearish Rising Wedge Pattern?

Technical analysis of stocks and other financial markets is admittedly a “fuzzy” craft. Identifying technical patterns is not that dissimilar from gazing at the clouds: depending on personal biases and how our brains are wired, different people can (and will) see different patterns. Additionally, even “textbook” patterns can fail, often in direct proportion to how visible they are and how much attention they receive. Finally, it doesn’t help that the

Is Kroger’s Stock (KR) Starting To Roll Over?

Consumer and biotech stocks have been some of the hottest spaces in the bull market since 2009. We all know about companies like Biogen Idec (BIIB), Gilead (GILD) and Celgene (CELG) in the biotech industry, as well as Starbucks (SBUX), Chipotle (CMG), and Ross Stores (ROST) in the consumer realm. Those names make headlines. But another stealth leader among consumer plays has been Kroger (KR), the major US retail grocer. Looking

Market Breadth Indicators Mixed As Stocks Near Highs

Back on April 1, I posted a series of charts looking at the overall health of the markets in terms of the S&P 500 and market breadth. The article was entitled “Running To Stand Still”, a tribute to a great U2 song that seemed to define the trading environment we are in. I thought I’d provide a quick update to that chart post while expanding the metrics. Using the chart below as

Top Trading Links: Putting The Markets In Perspective

It’s a critical time for market participants to keep an open mind. That aphorism is sage advice, to an extent. When trades and markets turn against us, we often see things we want to see and over-complicate things trying to rationalize why the markets aren’t behaving how we’d like. We still have a few weeks of earnings reports, so there will be plenty of noise. Perspective: The S&P 500 is

German DAX Down 5.5 Percent For The Week: Warning Sign?

When looking across the global equity markets, it’s easy to get caught up in the day to day news. But when looking at longer term trends and the health of the market, none may be more important than the German DAX right now. The German stock market index had an amazing run from October to early April (up 48 percent from the low to high). But as I wrote about back in

S&P 500 Update: Wedge Pattern Keeping Market Bulls In Check

The past several weeks have been an adventure for active investors. To be honest, I’ve been itching to be more active, but my experience has told me that sometimes less is more. Earlier this week I highlighted a major S&P 500 Fibonacci extension level that resides just overhead around 2140. This area coupled with some other near-term fibs makes 2130-2160 interesting. But when and how we get there is another

Why The Euro May Be Headed Higher In The Weeks Ahead

Over the past several weeks, the Euro has been attempting to put in a tradable bottom. In this post we’ll look at how that is taking shape. Note that this is an update to our March 13 post that suggested the Euro should find support for a medium-sized corrective move versus the U.S. Dollar. The share price for the Guggenheim Investments Currency Shares Euro ETF (symbol FXE) bounced for several

Flickering Hope In The Energy Sector: A DeMark View

Over the last couple of weeks I have been tweeting that the credit market for the Energy Sector (and select energy related names) seems to have made a turn for the better, albeit at levels that are still stressed. That sentiment is now spilling over into energy stocks. Looking at some DeMark charts of the Oil Services ETF (OIH), they show levels that, if a couple of things fall into

Are Consumer Stocks Ready To Roll? …Or Roll Over?

After a period of sideways price action, active investors are hoping that earnings season provides some clarity. Yesterday, I wrote a post about the importance of this week’s bank earnings and how the financial sector is an importance gauge of market health. Today, I’ll look at the consumer and highlight why consumer stocks are also at important juncture. Investors received a bit of a surprise in the April Jobs Report, as the employment numbers came