S&P 500 Hits Major Fibonacci Milestone; Market Looks Tired
Technicians and those technically inclined have waited with abated breath to see if the S&P 500 large cap index would hit 2138. That price...
Historic Rally In Crude Oil Prices Set Up By Bullish Wick
Just two months ago, the 2-month rolling return for Crude Oil prices was -40% (see point (1) in chart below). At that time, Crude...
Inside The IPO ETF: Know What You Own
Several ETFs provide valuable information about how securities, sectors, or indexes are faring. Investors often turn to them because they are tradable and provide decent...
S&P 500 Chart: Price Compresses As Traders Await Next Move
As many momentum, directional and trend traders will attest, the past several months have been pure chop. Despite the new all-time-highs for the S&P...
Twitter (TWTR) Options Trading Idea: A Cash Secured Put
Not much has changed fundamentally since we last discussed Twitter stock (TWTR). That was Monday last week. Except President Obama has his own Twitter...
Kite Pharma (KITE): Careful Catching This Falling Knife
I don’t pretend for a second to understand the science behind Kite Pharma (KITE) business, but I do know several smart biotech investors and...
Silver Price Targets For Current Corrective Wave Higher
Silver prices have gotten a boost lately so I think it's time to provide an update on what the charts are saying. But today...
Can The Bank Stocks Lead The Market Higher?
Several key bank stocks came out of earnings season with some renewed energy. The recent rally has helped the broader stock market push to...
Trading Idea: Cash Secured Put On TLT (20+ Treasury Bond ETF)
It is an understatement to say that trading in Treasury bonds was volatile - just check out the action on various yields last week.
From...
Can The Biotech Sector (IBB) Regain Its Swagger?
The once left for dead Biotech Sector has re-awakened. The group is experiencing some of the same ‘this is it, it’s over’ sentiment that...
