Tag: stock chart analysis

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...

Cisco Systems (CSCO) Rallies On Strong Earnings, Cycles Point Higher

Cisco Systems (CSCO) rose by 6% on Thursday after the company posted earnings that beat Wall Street expectations.  Having completed its intermediate market cycle, we...

Google Stock Rises On Analyst Upgrade, But Is It Premature?

Alphabet (GOOG) Stock Weekly Chart  Alphabet (GOOG) rose by 4%, after Deutsche Bank raised its price target on the stock to $1400.  While this may be...

S&P 500 Rally Faces First Big Test – 2862

S&P 500 Trading Outlook (3-5 Days): Bearish Poor risk/reward with prices up to near resistance, but not over. Until trendline broken, it's right to expect...

Deckers Stock (DECK) Analyst Upgrade: Look for New Summer Highs

Deckers (NYSE: DECK) rose by 4% on Tuesday, after Susquehanna upgraded the stock and raised its price target.  We like this one as well. And...

Will S&P 500 Peak At Historic Kiss of Resistance?

The economic recovery and ensuing bull market off the 2009 financial crisis lows has been one of the longest in history. And over that stretch...

Endava (DAVA): A Hidden Gem in the Digital Transformation Theme

Shares of Endava (NYSE: DAVA) are technically flagging just under new highs. This is a bullish formation that caught my eye over the weekend and...

S&P 500 Weakness Isn’t Surprising – The Market Needs A Breather

The week of May 3rd was important - perhaps an important closing high for the S&P 500 (we shall see). During that week, we...

Trade War Triggers Stock Market Selloff: What’s Next?

The S&P 500 (SPX) sank 65 points last week to 2881, a decline of 2.2%.  The selloff was sparked by a Sunday Trump tweet that...

S&P 500 Reverses Higher: Are Bulls In Business Again?

Investors have experienced multiple days of selloffs and failed rallies. Friday tried to change that. After another early steep selloff, the stock market mounted a strong...

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