Tag: stock chart analysis
Stock Market Faces Headwinds as Cycles Point to Correction
The S&P 500 Index (INDEXSP: .INX) fell 33 points last week to 2826, a decline of 1.2%.
This occurred as the trade war continued to...
S&P 500 Weekly Overview and Trading Outlook: Bears Dig In
S&P 500 Trading Outlook (3-5 Days): Bearish
The break of 2831 was the first negative, but XLK, XLF violating support along with Crude oil and Bond...
NetApp (NTAP) Falls On 4Q Earnings, Cycles Point Lower
NetApp (NTAP) Stock Weekly Chart
NetApp (NTAP) fell 8% on Thursday, after the company posted earnings that missed Wall Street expectations.
We believe the stock faces...
Target’s Stock Soars On Strong Earnings As Market Cycles Point Up
Target (TGT) Stock Weekly Chart
Target (TGT) rose by 7% on Wednesday, after the company posted earnings that beat Wall Street expectations.
Our view is that...
Real Estate ETF (IYR) Flashes Sell Signal
Our sector scans have produced a sell signal on the iShares Real Estate ETF (NYSEARCA: IYR).
The Real Estate ETF (IYR) recently hit an MFU-4...
Kohl’s Stock Tanks After Missing Key Metrics (Bearish Outlook)
Kohl's Corporation (KSS) Stock Weekly Chart
Kohl's (KSS) dropped 12% Tuesday after the company missed expectations for earnings, revenue, and guidance.
While its market cycles point...
NYSE Composite An Example Why Investors Need Patience Right Now
On May 12, I looked at the S&P 500 and explained why stock market weakness shouldn't surprise investors here.
Momentum stalled out into May. Divergences...
Important Stock Market Indices Form Bearish Head & Shoulders Patterns
As the stock market rallied 20 to 30 percent off its December lows, investors slowly warmed up to the idea of a renewed bull...
As Trade War Stings Again, Stock Market Cycles Point Lower
The S&P 500 (SPX) fell 21 points last week to 2860, a decline of 0.7%.
Stocks chopped around as headlines mostly pointed to an escalation...
Will S&P 500 Double Top Derail The Rally?
The rally off the December stock market lows has been strong, to say the least.
The S&P 500 rallied 25 percent before hitting and testing...