Investing Research

Stock Market Technical Update: Trajectory Lacking

The major stock market indices all broke out of complex inverse head-and-shoulders formations early this week. And based on the size of these bullish patterns, they could have additional upside in the near term. Yet I’m still bothered by the non-traditional and trajectory lacking potential double bottom. Whether this comes…

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Stock Market Technical Update: Trajectory Lacking

The major stock market indices all broke out of complex inverse head-and-shoulders formations early this week. And based on the size of these bullish patterns, they could have additional upside in the near term. Yet I’m still bothered by the non-traditional and trajectory lacking potential double bottom. Whether this comes…

Apple Stock (AAPL) Forming Head & Shoulders At Yearly Pivot

Today I am going to take a look at Apple’s stock (AAPL) and discuss the recent price action… along with the AAPL yearly pivots. The stock has moved lower over past few days. The move lower has comes from a price area that I highlighted early in the year as…

Semiconductors Teetering After Major Reversal Pattern

Earlier today, we shared a few concerns for tech investors, focusing on the Nasdaq Composite chart. Well, there’s another concern within Tech-land: Potential weakness in the bull market leading Semiconductors. In the chart below, you can see how strong the Semiconductors ETF (SMH) has been since the 2009 lows. For…

Skechers Stock (SKX) Declines Sharply As Cycle Turns Lower

Skechers (SKX) traded 28% lower on Friday morning, catching investors by surprise, after lowering Q2 guidance to below that of Wall Street analysts. Overall, SKX managed a decent earnings call, reporting earnings per share of $0.75 and revenue of $1.25 billion, compared to analyst expectations of $0.74 and $1.20 billion….

S&P 500 Weekly Market Outlook: Headwinds Remain

Stocks slid yesterday and the rally may face additional headwinds going forward. Here’s our latest look at key technical indicators and market trends for the trading week ending April 20, 2018. Key Takeaways: A pessimism-fueled bounce has led to some near-term breadth improvements. Lack of a breadth thrust and more…

Facebook Sentiment Data Firms After Negative News Firestorm

It’s Friday, so it is time for my Chart of the Week! As you know, I love data. Over the last month, I have been examining the Facebook situation and measuring how sentiment has evolved and its impact on consumer behavior. Here’s the data. Enjoy! The chart below shows overall publication…

Nasdaq Composite: Will The March High Mark A Goodbye?!

The month of March has produced some major turning points for the Nasdaq Composite over the last 20 years. The Nasdaq topped in March of 2000 and bottomed 9 years later in March 2009. Is it possible that 9 years after the major bottom, we put in a major top…

Philip Morris Stock Outlook (PM): Capitulation Is Finally Here

Philip Morris International (PM) traded 14% lower on Thursday morning, after reporting earnings that beat Wall Street expectations but missed on revenues. Whoa! Philip Morris reported earnings per share of $1.00 and total revenue of $6.9 billion, compared to analyst expectations of $0.90 and $7 billion. The company updated its…