Posts From Fil Zucchi

Fil Zucchi

Fil is a principal in a residential real estate investment and management company and an active trader and investor for his own account, taking particular in long/short options trades and corporate credit and derivatives. In his prior life, he was a bankruptcy and commercial litigation attorney at a Washington, DC law firm. Fil has a bachelor’s degree in economics from Georgetown University (1985) and a law degree from the Catholic University School of Law (1988).


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DeMark Indicators Could Spell Trouble For Biotech Stocks

Biotech stocks and the Biotech Sector have been a volatile space for investors this year. One month they are rallying, the next they are pulling back and bearish. Right now, the Biotech Sector ETF (NASDAQ:IBB) is the latter.  The Biotech Sector (IBB) has fallen around 10 percent in the past…

Biotech ETF (IBB) Investing Update: ‘The Trifecta From Hell’

No secret that counting on the predictability of prescription drug prices is slightly less reliable than playing roulette. However, until recently, Wall Street’s animal spirits have overwhelmed those risks and the prices of biotech / bio-pharma stocks have been pushed to some pretty lofty levels. Now there’s a heads-up from…

McDonald’s Stock (MCD) Nearing A Big Mac Heart Attack

A couple of months ago I tweeted that McDonald’s stock (NYSE:MCD) was showing signs of DeMark buying exhaustion on daily, weekly and monthly charts. Just to state the obvious, DeMark indicators tend to be significantly more effective when they align on multiple time-frames. When this happens, they suggest that “swing” traders…

Nasdaq 100 Index ETF (NASDAQ:QQQ): DeMark Update

There’s been a lot of interest in the Tech Sector of late. Long story short, the bears dropped the ball during the summer tech selloff as the PowerShares QQQ Trust (NASDAQ:QQQ) – Nasdaq 100 Index ETF – rallied back to new highs. So where does the $QQQ stand now?  Below…

Nvidia Stock Update (NVDA): Here’s Why Time Frames Matter

Cautious stock analysts are towel-tossing on Nvidia (NASDAQ:NVDA). Yesterday Suntrust abandoned its “Hold” rating established when the price was at $74, and moved to a “Buy” and a $177 price target. The stock is currently trading at $162. The numerous $180-200 price targets still make it very tempting, even as everyone…

Update On Key Stock Market ETFs Using DeMark Indicators

After Friday’s Nasdaq beatdown, it may be useful to look at some DeMark charts to keep things in perspective. Today I’ll look at daily and weekly charts for the PowerShares Nasdaq 100 ETF (NASDAQ:QQQ), the SPDR S&P 500 ETF (NYSEARCA:SPY), and the iShares Russell 2000 (NYSEARCA:IWM) – all through last…

Crude Oil Prices Reach Critical Juncture: A DeMark Update

Yesterday’s ugly action in crude oil has created some very notable – and bearish – setups on Crude Oil “DeMark” charts. And this could have an effect on trading in the days and weeks ahead.  Here’s an update using DeMark analysis across multiple time frames. Crude Oil “Daily” Bar Chart…

May 2017 Credit Markets Recap: Big Month For Corporate Bonds

May 2017 was a sufficiently stunning month in the credit markets. And it deserves an update on the litany of data the I laid out in my last update (April Credit Markets Recap). For comparison, I highlighted some key credit markets performance indicators for the month of April and then…

April Credit Markets Recap: The Bull Market Marches On…

April proved to be yet another month of frustration for bears and those, like me, who are simply looking (and hoping) for a stock market pullback large enough to get longer U.S. equities. I have long harped on the notion that the credit markets are, and have been, driving the…