Stocks & ETFs

3 Reasons Ford’s Stock (F) Is Worth Watching Right Now

When stocks were peaking into mid September, Ford (F) was already turning lower. And as the equity markets corrected into October, Ford got hammered. Now stocks are bouncing and Ford is having trouble getting its footing. Could a stronger US Dollar be at the heart of Ford’s woes? Perhaps, but more…

Why The Oil And Gas ETF (XOP) Is Rallying

The Oil and Gas ETF (XOP) suffered a tremendous decline from the 2014 all-time high at $84. In sum, XOP retraced 50% of the move from $23 to $84 from the bear market low in 2009 to its peak in 2014. The precise 50% retracement level is $53.53. Technicians like…

Bounce or More? A Look At Where The SPX Rally Headed

In my last comment about the S&P 500, I argued that as long as a demand zone at 1986-1953 held the stock market would stay on course toward higher highs. That area of technical support failed and SPX sold off sharply; 1986-1953 now represents technical resistance. After the recent decline,…

Small Cap Outperformance: Pointing to a Market Bottom?

One positive mentioned plenty in the market this week is small cap outperformance. One might suggest that we are at a sign of a bottom because of it. Well, that may be a farce. Let’s take a look, starting with the Russell 2000. The Russell 2000 iShares ETF (IWM) has broken…

5 Stock Charts Calling The Shots: F, HD, KO, TWTR, GPRO

During bull or bear markets, it’s always important to be on the lookout for changes in market behavior. For instance, when market pullbacks are consistently bought at 2 to 4 percent declines, it becomes worrisome when we the markets dip deeper. Or when leaders and momentum stocks get sold and defensive stocks…

S&P 500 Technical Support Update: Levels And Breadth

The past two months have seen several developments take shape that remind me of the February sell-off. I’m not saying that this pullback will unfold the same way, but I do think that issues with small caps and emerging markets (a good risk gauge), coupled with poor market breadth have once…

Chart Flip: Is A Russell 2000 Breakout In The Cards?

From time to time I like to look at various markets from a different perspective, as I am always on the lookout for chart patterns showing breakouts and breakdowns. Earlier this year, I wrote a “Market Masters” article for See It Market showing that sometimes standing on your head can…

Twitter Upgraded To Overweight, Stock Battles Resistance

Earlier today, JP Morgan analyst Doug Anmuth upgraded Twitter (TWTR) to an overweight rating, raising his price target to $64/share. This was enough to buoy the stock price amidst a sea of red in the Tech sector. But perhaps even more important than the Twitter upgrade this morning is the developing technical…

Why GoPro Stock (GPRO) Is Set For A Pullback

Wow, GoPro (GPRO) has been another amazing rocket ship post-IPO stock. Shares of GoPro stock have been on a continuous ride higher since the IPO date. But investors also need to be careful when stocks push too far too fast. Just the other day GPRO reached up as high as…

Emerging Markets Fall Sharply In September to Un-Remember

September wasn’t kind to the Emerging Markets (EEM). After ripping higher throughout much of the summer, EEM has been punished by what appears to be a shift in capital flows, as the US Dollar has risen smartly while US Equities have held up pretty well. All told, investors watched the Emerging…