Financial Markets Scoreboard: A 1 Month Review
The Seattle Seahawks had victory within their grasp. With only seconds left in the game, they were on the 1-yard line. If they scored...
United States Oil ETF (USO) Short Covering Rally Continues
Friday's 8 percent rally in oil prices was an exhibit in short covering. The rally only amounted to a few bucks higher in Crude...
Why Retail Gas Prices May Have Bottomed
What an incredible decline we have seen in retail gas prices. It seemed Americans grew accustomed to paying north of $3 per gallon as...
Crude Oil: Could This Lonely White Candle Trigger A Rally?
No introduction necessary. Crude Oil has traded like death for several months, laying claim to several trading victims who tried to pick up a...
Amazon (AMZN) Earnings Boost Stock, Trigger Chart Breakout
The monster Amazon earnings reaction has triggered a handful of bullish technical developments in Amazon's stock (AMZN). To recap, the stock had been loitering...
Why Investors Should Watch 1976 On The S&P 500
Math plays a big role in nature and the financial markets. For instance, several trading algorithms use Fibonacci retracement levels to identify levels where...
ETFs In Focus: Shift In RSI Weakens Biotech Sector (IBB)
We can use the Relative Strength Index (RSI) in a myriad of ways, but my favorite way is to use it as a straight...
FX Market Update Heading Into The FOMC Statement
Good morning traders. Anticipation of today's FOMC statement will keep markets subdued until 2 PM EST but I suspect, given the nature of the current...
Apple Earnings Preview: Expectations Flying High For AAPL
It's been an interesting earnings day for Apple (AAPL) stock. After appearing to break out of a large wedge, AAPL slipped on Monday before...
Fed Week: What’s On Tap For January 28 FOMC Statement
This was a big week for the financial markets even before the Greek elections stole the headlines on Sunday. With several economic data releases on tap this...
