Stocks & ETFs

2 Energy Stocks Ripe For Mean Reversion

A candidate for my favorite chart entering 2018 is the Energy Sector’s (XLE) performance relative to the S&P 500. I believe we are working on a false breakdown below 2001 and 2003 resistance. This could be a big deal in 2018 and beyond. Just imagine if the sector that has…

S&P 500 Futures Trading Update: Time For A Breather

The broader stock market futures indices have stalled out at new highs made Sunday night. Stocks should find support at lower levels. S&P 500 Trading Considerations For January 8, 2018  As mentioned, I suspect value buyers will come in to participate at less elevated prices once more, so I am looking…

10 Small Cap Stocks Catching My Eye Into 2018

The Russell 2000 (IWM) has lagged to start the new year but it’s pressing up against the 155 price level in a tape that feels “risk-on.” This could lead to a big breakout and another chance to provide leadership to this bull market. In browsing charts this weekend I found…

Japanese Yen Currency (FXY) Forecast: Breakdown Alert

As traders start coming back to their screens after the holidays, we are posting some longer-term forecasts for several of the markets we follow. Near the top of our “alert list” is the Japanese Yen / US Dollar currency trade as charted with the CurrencyShares Japanese Yen Trust (FXY). Is…

Chart Spotlight: Volatility Sinks To Start 2018

Investors read a lot about the persistence of low volatility in the markets throughout 2017. And just 3 trading days into 2018 and volatility is losing once more, slipping from 11.04 to 9.22. Market volatility remains suppressed with the VIX Index trading near the 9 handle. It’s good to note, however,…

2 Stocks With Bullish Trading Setups $BIDU $IDTI

Each week I review several stock charts and trading setups and share the ones I like. Today, I’m sharing two stocks that I like. Both are “pullback setups”:  Baidu (BIDU) and Integrated Device Technology (IDTI)). I’ll give you some bullet points on why I like them and what I’m seeing……

SKEW Index Continues To Diverge From VIX Index

The story of volatility has been very one-sided of late. There’s been low volatility despite various geopolitical headlines which in the past would have sparked a move lower for the stock market. So what’s going on?  And are there other ways to assess risk for the equity markets? Despite low…

S&P 500 Trading Outlook: Equities Rally Extended

S&P 500 Trading Outlook (2-3 Days):  BULLISH Yesterday’s recovery of last week’s decline suggests an upcoming push back to new highs is likely for equities. This in turn would make the first five days of January positive for the stock market. Market breadth was meager, at less than 2/1 positive overall….

Top 10 Charts For Investors To Watch In 2018

I spent a lot of time this past week looking back across 2017.  I reviewed some of my best charts and market/macro calls of the year (along with some of my worst!). I also reviewed some my favorite charts. This article provides a look at some of the most important charts…

2018 Stock Market Cycles Outlook: New Highs… After A Dip

The stock market closed a positive chapter last week as 2017 saw the S&P 500 return 20 percent. What will 2018 bring? Let’s discuss what’s happening now and what our 2018 stock market cycle looks like… S&P 500 Summary & Cycle Outlook: The S&P 500 closed higher in four out…