Stocks & Bonds

September Seasonality: Strong And Weak Trending Stocks

A new month is here, so it’s time to take a look at some stocks and ETFs that show strong and weak seasonality trends for the month of September. Let’s look at the data tables below and provide some September seasonality stats and insights. Strong September Seasonality A couple of items worth noting: Ulta Salon (ULTA) has not had a losing month of September in its history. ULTA has been

Why EWZ iShares Brazil Is Setting Up For Higher Prices

Yes I am aware that EWZ (iShares MSCI Brazil ETF) is up over 19% YTD and more than 39% from the low of 38 seen in February. However, the price action yesterday and today are significant on multiple time frames and may be indicating much more upside for EWZ. Looking at the daily chart over the past 15 months, you can see that EWZ has been challenging resistance around 52 (52.01

Trading Tips: 10 Things A Trader Needs To Give Up

We are so focused on adding to our trading arsenal with knowledge, books, chart patterns, indicators, moving averages, gurus, things for our watch list and whatever else we believe will help us make money that we forget what to give up on. One of the biggest things that determines whether a new trader ends up being a winning trader is how well they can filter out things that do not help

QQQ Breakout Analysis: RSIs, Retests, and Targets

Tech stocks have played a major role in leading the broader market higher in 2014. Especially of late. Consider this: The Nasdaq Composite was the first major index to break out to near 2014 highs after the summer pullback. Soon thereafter, the S&P 500 and Dow Jones Industrials confirmed the breakout, making new highs as well. Today I’d like to focus on the popular Nasdaq 100 ETF, the Powershares QQQ Trust (QQQ) and the recent

Why Investors Shouldn’t Fear New All-Time Highs

The S&P 500 (SPX) just closed at another new all-time high today. We’ve heard a lot how new all-time highs are a reason to be worried. Been hearing that for over a year now actually. Sure, major peaks took place in 2000 and 2007, but the reality is we saw a lot of new highs made in the meantime. In fact, last year there were 45 new highs, so along

The Anatomy Of A Stock Market Turn

Before we begin to examine the recent bottom and subsequent stock market turn higher, investors were greeted with an eye-popping nugget of economic data Tuesday morning. From Reuters: The Commerce Department said on Tuesday durable goods orders, items ranging from toasters to aircraft that are meant to last three years or more, jumped 22.6 percent last month after an upwardly revised 2.7 percent increase in June. July’s increase was the

Why Traders Should Focus On Signals And Tune Out Noise

Among the mistakes of the new traders that never make it to profitability is the fact that they never develop a filter to enable them to see what really matters in the financial markets. Much of what a new trader is exposed to is just pure noise. Noise does not lead to making money, it leads to confusion and frustration. What the new trader must be in search for is

Week Before Labor Day Has Been Bearish For Stocks Lately

Summer is almost over, kids are going back to school, and we are looking at a pretty solid August so far. What I like about this month is housing and consumer discretionary are finally leading. These groups haven’t done anything all year and to see them finally leading could be a good sign as we inch closer to Labor Day and the month of September. I was on Fox Business

Wall Street Is Bullish And Main Street Is Bearish: Who Is Right?

As this bull market continues to trend higher and defy nearly all bears along the way, the confusion continues to mount. Recently I noticed two things that really stood out and showed the level of confusion is about as high as it can get:  Just look at the difference between what Wall Street thinks of equities and what Main Street thinks of equities here and now. A month ago for

Is The Options Market Signaling More Upside For Stocks?

One of my favorite indicators could be flashing a major buy signal here.  I’ve used the 21-day moving average of the CBOE options equity put call ratio a lot the past few months and it has done a good job of predicting things.  Here’s why it could now be sending a bullish signal. First off, to keep this simple, when this equity put call ratio trends lower – it has