Stocks & ETFs

AAPL Technical Support and Resistance Update

Over the past couple of months, I have covered the prospects for Apple stock (AAPL) from an active investing viewpoint, highlighting important AAPL technical support and resistance levels for traders. The idea behind these posts (and any other chartology’s) isn’t to “nail” each move, but rather to offer up the…

S&P 500 Technical Analysis Update

It’s been an interesting past two weeks in the financial markets. From the Fed build up to the surprise September FOMC statement and market reaction, active investors have been dealt a difficult hand. Waiting for confirmation can be difficult, but patience is a virtue in this type of environment.  Below…

Industrials & the Abandoned Baby Candlestick Pattern

Ever seen an Abandoned Baby before? The Bearish Abandoned Baby candlestick pattern is a relatively rare multi-candle construction, particularly on the daily chart of a highly liquid stock or ETF. The reason for its rarity: the sequence of the Bearish Abandoned Baby denotes a market that very neatly cycles through unabashed bullishness…

AAPL: Charting a Course Back to $520 and Beyond

In terms of market dynamics, 2012 and 2013 could hardly be more different for Apple (AAPL). Last year saw AAPL rally with an open at $409.86, soaring as high as $705.07 (+72%, trough-to-peak) in late September and then viciously correcting to close out the year (still +34%) at $549.03.  Though 2013’s…

AAPL Measured Move Retesting Moving Average Convergence

Last week I posted an Apple (AAPL) stock chart highlighting the prospects for an AAPL measured move on my StockTwits stream. At the time, the possibility of an AAPL measured move was somewhat speculative, hinging upon the stock losing support at $485.  However, I did notice that the .236 Fibonacci breakout level hadn’t been…

A Look at Crude Oil and the Ascending Base of EQT

In mid-April, the stock market went into a short pull-back before peaking in late May and returning to April levels. In late June, the market found a summer base to rally from but stalled again by early August. While few made impressive moves during this period, others broke out of weekly bases…

Is the Put-Call Ratio Signaling a Market Correction?

With the S&P 500 lingering in a choppy pullback some 3% shy of it’s all-time high at 1709, the argument over stock market complacency and a deeper market correction – at least, in the short-term – is an undecided one. According to at least one sentiment measure, that is about…

Time to Buy the Dip: S&P 500 Analysis

Putting aside the news and “instant analysis” that you just can’t miss, the S&P 500 weekly chart shows an attractive long entry scenario and reasons to buy the dip. I believe position traders (2- to 12-week time horizon) should be looking for what to buy and taking action some here….

AAPL Support and Resistance Update

Over the past couple of months, I have written posts on Apple (AAPL) and its unfolding technical setup. From a potential double bottom formation to the recent AAPL breakout, I’ve tried to highlight key AAPL support and resistance trading levels, where applicable. And considering AAPL just reached my prior resistance target…

Tesla: Hyperlooping to Lower Prices

Carl Icahn isn’t the only billionaire who has functionally monetized social media in the service of his book. The inception of electric car and powertrain component manufacturer Tesla’s multi-month parabolic stock price run-up and its vault to the exalted status of Wall St. darling were similarly catalyzed by a couple…