Tag: stock chart analysis
Biotech Sector Getting Back on the Bullish Track
This article is a collaboration between between Arun Chopra (@FusionPtCapital) and Aaron Jackson (@ATMcharts).
Biotech had a banner week, leading the market after a base breakout on news.  Let’s dig...
Why I Fear The “Ides of March” for the Stock Market
The following article is a part of my Gone Fishing Newsletter that I provide to fishing club members each week to identify macro inflection points and...
Expect a Choppy Stock Market as New Cycle Begins
The S&P 500 (SPX) rose last week, up 11 points to 2804, a 0.4% increase.
Our projection this week is for more choppy price action...
4 Banking Stocks That Look Bullish Into March
I've been seeing some bullish charts arise from the financials sector, with select banking stocks and insurance financials looking strong.
In today's brief article,...
eBay’s Stock Rises After Capitulating to Activist Shareholders
eBay (NASDAQ: EBAY) rose by as much as 4% Friday morning, after it announced it had entered into cooperation agreements with two activist shareholders.Â
However,...
Stocks Test Resistance as Bulls Party, Bears Hibernate
U.S. Stock Market - Key Takeaways: The broader stock market as represented by the S&P 500 is contending with resistance from both a...
S&P 500 Outlook for March: Weighing the Upside vs Downside
The S&P 500 Index (INDEXSP: .INX) finished the month of February up 3 percent.
That's bullish, especially considering that January was up 7.9%.
But this all...
S&P 500 Trading Outlook: Market Weakening But No Signs of Selloff...
S&P 500 Trading Outlook (3-5 Days): Neutral
No change here. There is some minor evidence of stalling out, though I would need to see more weakness to...
Best Buy Beats Earnings, Stock Price Looks Up
Best Buy's stock (NYSE: BBY) soared 16% Wednesday morning, after posting earnings, revenue, and same-store-sales that lifted the spirits of investors.
We see potential for further...
Stock Market Futures Test Upside and Downside Levels
Today's S&P 500 expiration spread is just 16 points.
Using the 2795 strike, that leaves us with a range of 2779-2806.
All eyes on those levels...