For all of the quants and technical traders, nearly 87% of the S&P 500 stocks were above their moving averages on April 30, down from over 92% at the close ... Read Full Story »
Did you think that $275 or $300 was already a very bullish outlook on Apple Inc. (NASDAQ: AAPL) last month or even this month before its earnings report? After all, ... Read Full Story »
Lululemon Athletica Inc. (NASDAQ: LULU) has been in our list of Unusual Suspects each weekend now for three weeks running. It isn't because the earnings were great or because of ... Read Full Story »
Robert Prechter of Elliott Wave, who is called 'King of the Bears' enough that he is called a permabear, came on CNBC this afternoon after the closing bell to tout ... Read Full Story »
It has been hard to not notice the sideways trading action in gold of late. Sure, you have the potential decline of the Euro, the rising dollar, mixed economic data ... Read Full Story »
We are getting more and more caution from technicians and fundamental analysts that bring back the notion and fears of another market correction. Some are expecting far worse than just ... Read Full Story »
The Gartman Letter has been a key technical advisory service for years and years and has become one of the benchmark technical reports. We have already heard both billionaire George Soros and ... Read Full Story »
The recent trading days have been more than interesting in the market and in the financial sector. The big change came right at the same time that the banks looked ... Read Full Story »
Friday marked month-end for January in the financial markets. There have been many efforts out there to discuss the market's direction, but perhaps the one issue that traders will be ... Read Full Story »
Apple Inc. (NASDAQ: AAPL) closed at another new all-time high today of $211.61 and $213.95 on an intra-day basis. What is actually far more important than reports of a ... Read Full Story »
Earlier this week came an alert that a technical event was likely to be seen in the major money center banks and major financial institution stocks pertaining to the 50-day ... Read Full Story »
There is a key technical event that may be close to occurring in some of the major banking and financial stocks. These have all used the 50-day moving average as ... Read Full Story »
If there was a single trading event for investors, traders, and speculators from early October to early December, it was not stocks and was not bonds. It was not even ... Read Full Story »
Apple Inc. (NASDAQ: AAPL) has come into some trouble as far as its stock charts are concerned, which is why it was one of the lead-in stories of ten stocks ... Read Full Story »
This was a wild week, and perhaps a disappointment that the news did not propel stocks even higher. There were many key movers though, and we have a very active ... Read Full Story »