Tuesday, October 17, 2017

Archive for the Category ‘US Markets’

SPX up in OCT, but lower Year-to-Date

SPX up in OCT, but lower Year-to-Date

cartoon9www.CartoonStock.com A second setup triggered on the close of October 31, 2011, caught my eye today. The S&P 500 closed out the month of October with an impressive 10.77% gain, but was still down -0.35% year-to-date due to a weak final session of October. The table below shows all historical […]

SPX Down on 1st Session in NOV

SPX Down on 1st Session in NOV

cartoon8www.CartoonStock.com Sorry for the posting hiatus during the last couple of month. More to come (but it may take some time to get into a – hopefully – daily routine again, please stay tuned …) With the S&P 500 up 10.77% for the month of October and probably (at least […]

When is it Safe to Buy Stocks Again!

When is it Safe to Buy Stocks Again!

We have technically entered a bear market as defined by most leading chartists.  The criteria of a bear market is when the indices are trading below both their 50 day moving average and 200 day moving average AND the 50 day moving average has crossed down beneath the 200 day moving average. All the major […]

Is A Stock Market Crash Possible Soon?

Is A Stock Market Crash Possible Soon?

Is A Stock Market Crash Possible Soon? There are significant signals in the current market that a crash or meltdown scenario could unfold sometime in the next 1-2 weeks. Crashes are rare events and nearly impossible to predict, but many elements that could combine to produce a financial market calamity appear to be present at […]

Potential Long Term Topping Process Underway

Potential Long Term Topping Process Underway

(The following is an updated excerpt from the latest BullBear Market Report for BullBear Traders members):   In the introduction to this report, I detailed many of the non-technical elements that should have happened and could have happened and almost happened–but that ultimately failed to happen–leading to a non-confirmation of an ongoing bull market.  Let’s reiterate: I […]

Updates To Exelixis Trade: Cup And Handle Formation?

Updates To Exelixis Trade: Cup And Handle Formation?

Quick update to the trade.  The bulls are firmly in control of Exelixis (NASDAQ:EXEL) with a cup being formed on the intraday chart and a possible handle formation next.  A handle would give the ability to add more to this position, but I don’t anticipate resistance should be that strong.  Unless volume is very low, […]

Trade Updates 4-12-11

Trade Updates 4-12-11

With the market in correction mode, not much to update.  Bounce opportunities are available, but you must have zero loyalty/emotional attachment to be successful at these.    A bounce indicates the stock was recently falling.  That implies a bounce will fall right back down, if not lower, than where it bounced from.  If you buy thinking […]

Shorts Forced To Cover In Biotech Exelixis?

Shorts Forced To Cover In Biotech Exelixis?

Following up on the previous post from the forums, here is an updated chart. Exelixis (NASDAQ:EXEL) has been resting near support lines at the bottom of the trading range that was established in early March. If after hours action Monday night is any indicator of the pre-market action Tuesday, we can expect EXEL to open […]

Perfect Timing on A Great Stock (BRCM)

Perfect Timing on A Great Stock (BRCM)

Today’s Company Invest pick is Broadcom (BRCM).  Broadcom is a very high quality Nasdaq stock.  This is an exciting pick.  Unlike many shorter term trades, this stock pick could be set up for a multi-week or multi-month hold here. BROADCOM PROFILE (BRCM) Broadcom Corporation designs, develops, and supplies semiconductors for wired and wireless communications. It […]

Perfect Timing on A Great Stock (BRCM)

Perfect Timing on A Great Stock (BRCM)

Today’s Company Invest pick is Broadcom (BRCM).  Broadcom is a very high quality Nasdaq stock.  This is an exciting pick.  Unlike many shorter term trades, this stock pick could be set up for a multi-week or multi-month hold here. BROADCOM PROFILE (BRCM) Broadcom Corporation designs, develops, and supplies semiconductors for wired and wireless communications. It […]

Back to Top

Social Media Profiles

ADVERTISEMENT

BUSINESS NETWORKS

The New York Times logo CNN logo ABC logo CNBC logo