Tag: chart pattern analysis
US Dollar Chart Pattern: CounterTrend Move Imminent
The US Dollar Index has made a big move higher since mid 2014. The world's financial landscape is changing, and several markets, including the Forex,...
Yahoo Stock Pullback: YHOO Price Targets To Watch
After a long bout of trading sideways, Yahoo! Inc. (YHOO) appears to have broken from our targeted PATTERN to the downside. Note that I...
Euro Searching For A Bottom: Will The ECB Deliver?
The EURO vs US Dollar fall from grace has been, for all purposes, relentless. Economic indicators continue to be weak as investors anxiously await...
Bank Earnings Hit Bank Index As 6 Year Trend Line Falls
Several bank stocks reported sub-par earnings, boosting fears tied to the Swiss National Bank news. All in all, the banks endured another rough week,...
Apple (AAPL) Stock Nearing $100 Support, IBM At Crossroads
If you are unfamiliar with my thesis on Apple, Inc (AAPL - quote) and International Business Machines (IBM) for 2015, it goes something like...
Gold On The Move: A Pathway To Higher Price Targets
Gold has been beaten down pretty good since the 2011 highs. And it seems like the past year or so has been a "wear the...
WYNN Resorts (WYNN): Stock Chart Oversold, But Broken
I recently spent some time in Las Vegas attending the Consumer Electronics Show (CES), one of the Strip’s largest shows of the year. Guest attendance...
Apple To Underperform In 2015? What This Means For IBM
The reason I enjoy price PATTERNS so much is that they are, literally, lines in the sand where you can make adjustments, enter positions...
Bank Stocks: Near ‘Make It Or Break It’ Point In 2015
It’s a known saying around Wall Street that “as the banks goes, so does the market.” The banks/financials lead the market up when it...
Why IBM Stock May Reverse Higher In 2015
It's been a tough couple of years for International Business Machines (IBM) investors, as the stock has struggled to find a bottom. And it's...
