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Some Long-Term Charts At Key Inflection Points

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Some Long-Term Charts At Key Inflection PointsBe aware of these surroundings, friends!by Chris Kimble.It could pay to be “aware of these surroundings!”(1) – Nasdaq Composite Index (COMP) is back at 2000 highs, with little wiggle room at the top of this rising wedge pattern(2) – Google (GOOG) (GOOGL) shot up after earnings two weeks ago hitting a resistance line based […]

Total Greek Deal Failure Sparks Biggest Buying Spree Since 2011, Stocks Set New Records

Just to confirm reality for a second…

Yesterday: Yellen sees global turmoil if no Greece deal.
Today: Greece deal falls apart, ECB hints at bank runs; -> stocks hit record
Confused? Don’t be… Only one clip seems appropriate for a day like this…As long as you ignore Greek contagion, economic downgrades, weak earnings, and that general sense that none of this makes any […]

More Market Nothingness and Biotech Has Me Cautious

This maddening sideways chop continues and the best “risk on” sector, biotech, looks heavy and tired.  The leaders in this space are heavy, AMGN has a bearish head and shoulder pattern going on and CELG and BIIB just cant stop stepping on their feet. GILD acts the best of the big four biotechs.  The other biggie, REGN, continues to hang […]

More Tight Range Trading

Stocks continued their directionless ways Tuesday, with indexes wiggling around the unchanged mark for the day. Biotechs showed some weakness, but not much else could be gleaned from the day. My leaders list hasn’t found any new names, but also hasn’t been forced out of any. It hasn’t moved more than 1% up or down for weeks. GWPH was the […]

Stock Markets Buy and Hold is Back! :: The Market Oracle …

Stock Markets Buy and Hold is Back!Stock-Markets / Stock Markets 2015May 28, 2015 – 08:19 AM GMTBy: Rambus_ChartologyTonight I would like to show you some really big consolidation patterns in regards to some big cap tech stocks mainly the networking and semiconductors. I have shown you some of these big bases in the past but now I’m going to create […]

Stock Market Topping, Silver Price Dropping :: The Market Oracle …

Stock Market Topping, Silver Price DroppingStock-Markets / Stock Markets 2015May 24, 2015 – 02:49 PM GMTBy: Brad_GudgeonLast time I wrote, I was looking for a top in the stock market early last week near 2130-35 SPX and a 5% drop in silver. We got a 4.5% drop in silver and the stock market topped on Wednesday. Tuesday, May 26, I’m […]

Stock Market CAC40 Trend Forecast :: The Market Oracle …

Stock Market CAC40 Trend ForecastStock-Markets / FranceMay 17, 2015 – 07:45 AM GMTBy: Austin_GaltThe French stock index, the CAC40, looks to have the final top to its bull market already in place. Let’s analyse the technicals using the weekly, monthly and yearly charts.CAC40 Weekly ChartWe can see the parabolic rise by price this year. This behaviour is often found at […]

All Eyes on Stock Market New Highs :: The Market Oracle :: Financial …

All Eyes on Stock Market New HighsStock-Markets / Stock Markets 2015May 10, 2015 – 06:30 PM GMTBy: WavePatternTradersDOWFinally it seems we may just see that new all time high to complete the ending diagonal pattern we have been following for the last few months, more importantly it also seems the DOW has also caught up with the SPX, which is […]

Stock Market Going Nowhere Fast :: The Market Oracle :: Financial …

Stock Market Going Nowhere FastStock-Markets / Stock Markets 2015Apr 19, 2015 – 09:48 PM GMTBy: WavePatternTradersSPXLast week I mentioned the idea of a pullback on the SPX; it appears the bears were in tune with that idea, although it may still see a bit more downside as some of the European markets argue for a bit of weakness, such as […]

ChartSmarter Thursday Game Plan 4/9/15

Membership InformationDouglas Busch2015-02-19T16:15:12+00:00As many of you know, I’ve been extremely dedicated and passionate about ChartSmarter during the past three years. I am truly thankful to have added value to the portfolios of many traders and have taken pride in introducing new ideas to the conversation. As you can imagine, creating the game plan for each trading session has been a […]