Posts From Karl Snyder

Karl Snyder

Karl Snyder currently holds the position as Chief Market Strategist with Garden State Securities. Mr. Snyder started his financial services career as a Registered Investment Advisor with American Express Financial Advisors in 2000. In this capacity he worked with high net worth clients to develop long term financial goals. Mr. Snyder has worked for several boutique firms as a Registered Investment Advisor, where he began his study of technical analysis within capital markets.
Mr Snyder is a member of the Market Technicians Association and holds the Chartered Market Technician designation. He is both series 66 and 7 licensed. Mr. Snyder is also a series 86/87 licensed research analyst. He specializes in intermarket analysis with an emphasis on sector rotation and the impact of the business cycle on the financial markets.
Prior to starting his financial career, Mr. Snyder studied at Rutgers University and served in the United States Marine Corps as a non-commissioned officer.


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S&P 500 Triggers Point and Figure Double Top Buy Signal

Today I want to take a look at the S&P 500 Index (INDEXSP:.INX) through the lens of Point & Figures charting. This week’s advance triggered a point and figure double top buy signal (bullish), confirming the broader trend higher. Note that this is a “macro” signal; now a short-term trading indicator….

Apple’s Stock Price Climbs Above Key Moving Average

As many readers may know, I’ve been quite outspoken on Apple Inc. (NASDAQ:AAPL) for almost a year now. The conversation has never been directed at the “company” or its products which I happen to use. My view on AAPL has always been purely technical and more specifically related to it…

Chart Spotlight: S&P 500 Reaches Important Level For Traders

The S&P 500 Index $SPX is battling its 50 Day moving average (DMA) around 2040, seeing a major tug-o-war play out between the bulls and bears.  Investors should also take note of the April low of 2033. In all, this makes the 2035 area an important one for the stock market. For the…

Currency Spotlight: US Dollar Point And Figure Chart

Over the past year, I’ve shared several point and figure charts for the S&P 500. Today, we’ll use point and figure to analyze the US Dollar Index and look for clues as to its next move. I believe we can use point and figure charting of the USD to see where…

Point And Figure Chart: S&P 500 Sell Signal Targets 1836

As many of you know I have a deep appreciation for point and figure charting. The main reason I like it so much is that it focuses on the most important aspect of the market, which is price action. I’ve posted on the S&P 500 (SPX) before, but I wanted…

Point & Figure Signals Mixed For Major Stock Market Indices

One of my favorite methods of charting is with Point & Figure charts. Today, I’d like to do a quick recap of the major stock market indices and where they stand – bullish or bearish – in accordance with Point & Figure signals. I plan to walk through what I’m seeing…

Apple Stock (AAPL): Is It Time To Take A Bite?

Should investors take a bite out of Apple stock (AAPL)?  Sorry, I couldn’t help myself. But that is a question that many investors are likely asking themselves as the tech juggernaut approaches the release of its 3rd quarter earnings report tonight. As per usual, many investors will tune in to…

Checking In On The US Equity Indices: A Technical Review

Year to date, the Nasdaq Composite is the best performing major index in the US equity indices, up 6.51% YTD. However, both the Dow Jones Industrials and Transports are negative YTD, down 2.36% and 9.45% respectively. In addition, the S&P 500 and Russell 2000 are up fractionally, 1.32% for the…