In 2015, the hallmark of cyber security stocks has been the monstrous increase in trading volumes. Obviously, more hackers and more “visible” attacks have lead to more government and media attention… and this has lead to more interest in select cyber security stocks. The demand for this industry (and its stocks) shows up in the PureFunds Cyber Security ETF (HACK), which continues to hit 52 week highs (see chart below).
Tag "trading ideas"
The Emerging Markets have been a hot topic as they have outperformed recently. I wrote about the S&P 500 (SPY) to Emerging Markets (EEM) relative strength ratio a couple weeks ago because it looked like it was headed into support. Well, now it’s time to provide a quick update on that SPY/EEM ratio. In that post, we discussed the implications to the Emerging Markets while also showing the impact this ratio had on
Keurig Green Mountain (GMCR) really bombed their last product launch and as a result sales growth during the holiday quarter was flat year over year for the coffee company. Since that news, their stock price has compressed and is reaching a turning point. Let’s start with a look at the long term chart Keurig Green Mountain (GMCR) Long-Term Stock Chart Now let’s look at the daily chart, then provide
The US Dollar Index has been flexing its muscle since last summer and is up over 20% in less than a year. When putting the US Dollar rally into perspective, it truly has been rare and historic. Will the “historic” rise equate to a major long-term trend change higher? Perhaps. But there is something that investors of all asset classes should be aware of regarding King Dollar right now: momentum has
Johnson Controls (JCI) made it on my radar screens a few months ago as a proxy play on what I foresee as a Commercial Real Estate frenzy that will play out over the next few years. The trigger to get long was some large option trades, which have resulted in total calls Open Interest to almost double vs. the 20 day average, and still show almost 15,000 contracts in OI
Nearly 4 months ago, I wrote a research post on the state of the Crude Oil prices. Here’s a excerpt from that post: “Consider also watching for price and momentum to be in unison. If you miss the initial entry, a pullback on an intraday basis can offer another opportunity. When all trends line up on a daily and intraday basis, the probability of it continuing in trend is more likely.”
Recently the energy sector as represented by the Energy Select Sector SPDR ETF (XLE) has been showing some positive price action on both traditional and P&F (Point and Figure) charts. No doubt the recent rally in Crude Oil prices has helped. Today, I want to focus my attention on the P&F chart for XLE (see below). There are two very quick takeaways: 1. The downtrend which started in the summer
The longer the US Dollar Index remains at or near 100, the more difficult it will be for the common grains (Corn, Soybeans, and Wheat) to put in a bottom. As I’ve mentioned before, Corn’s chart looks the best but time and price are beginning to wear on investors. Wheat and Soybeans continue to trade near their respective lows, but recent rallies have offered a little breathing room. Let’s walk through
After IBM’s strong close on Monday, I decided to put together an update on IBM’s chart and current stock price pattern. For further context, please read my December post on why IBM may be headed higher in 2015. The most interesting development is the breakout above neckline resistance. If the breakout holds, investors will have an 8 dollar gap staring them in the face. That will be a big test. If
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