Apple Stock Update (AAPL): Log Trend Line Looms Large
Back in February, I posted that a major wave was nearing completion on Apple stock (AAPL). This was all about price action (wave patterns)...
An Options Strategy For Consumer Discretionary (XLY) Shorts
Last Thursday saw a powerful rally in stocks. Several indices went on to notch new records. The Nasdaq Composite surpassed its March 2000 intra-day...
The Rotation Report: U.S. Equities Atop Global Stock Markets
As stocks in Germany and China try to work through major stock market corrections, the U.S. market and select sectors look pretty good.
Market sentiment is...
Are Cyclicals Back? 5 Market Signals To Watch This Summer
Over the last six months, the stock market has traded in a long boring side-ways wave. But signals are there that things should begin to...
Is The iShares Japan ETF (EWJ) Putting In A Double Top?
While the U.S. markets continue to figure out its own identify, whether it’s meant to spend the next few months as a bear or...
Thoughts On The FOMC Statement And Key Market Levels
Well, another Fed day came and went in the markets. There's no need to be consumed by their every word, but there are some quality...
Time To Look For A Reversal In Treasury Yields
In our May 8 post, we suggested that the rise in treasury yields would be short-lived, and that the resumption of a downward trend...
Trading Ideas: 5 Stocks To Watch (SWKS, ALL, LYB, NVAX, MDXG)
Given tomorrow's looming Fed announcement I expected a choppy and directionless trading day today as I thought traders would sit on their hands.
Instead, the...
Market Outlook: All Eyes On The Russell 2000
Last week’s price action did not change the overall technical picture. However, the S&P 500 (SPX) remains a laggard, closing the week basically where it began:...
Market Breadth Slips Again As Stocks Await “Big Move”
It's amazing how long equity markets can defend poor market breadth and divergences. But if you weren't already aware, divergences and breadth conditions can persist...
