Here are updated charts for what we might call the breadth of market strength and weakness. (Raw data from the excellent Stock Charts site.) Any individual stock can give a buy or sell signal according to rules from a technical trading system. The top chart reflects Wilder’s Parabolic Stop-and-Reverse (SAR) system; the middle chart tracks a system based on Bollinger […]
Stock Trading Alert: Stocks Fluctuate As Investors Await Earnings Reports Releases – Which Direction Is Next?By: Paul Rejczak | Thu, Apr 9, 2015SharePrintEmailStock Trading Alert originally published on April 9, 2015, 6:17 AM:Briefly: In our opinion, no speculative positions are justified.Our intraday outlook is now neutral, and our short-term outlook is neutral:Intraday outlook (next 24 hours): neutralShort-term outlook (next 1-2 […]
Here are the reasons I am cautious about the stock market at this juncture:1) We are seeing good buying activity in stocks, as gauged by the NYSE TICK which has been making new highs on a cumulative basis. Among the large caps (top chart), that buying activity is no longer able to give us fresh price highs. (Credit for the […]
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 […]
Mainland investors piled into the city’s stocks via the through train programme, with turnover hitting a record HK$21 billion. Photo: Dickson LeeThe Hong Kong stock market opened high on Thursday morning with a 5 per cent rise in the Hang Seng Index a day after it was swamped by a wave of mainland Chinese money that helped drive trading to a record […]
Some Big Movers: EOG, TSLA, PANW, CYBR, TWTR, CLVS, FDXStocks have been most positive so far this week. Energy stocks have bounced, and oil spiked up over the past two days with Brent testing $60/barrel and WTI trading at around $53/barrel. We trade EOG calls in myHappy Trades portfolio and booked a +81.78% profit:TSLA jumped about on Monday as the […]
NEW YORK (Reuters) – U.S. stocks rose on Tuesday, adding to recent gains, after deal news including a bid from FedEx for a Dutch peer suggested companies still see value in the market.Healthcare stocks led the advance on the SP 500 with biotech shares up after four days of losses. The Nasdaq Biotech index .NBI added 1.8 percent, while the […]
Follow ZeroHedge in Real-Time on FinancialjuiceStock-market crashes saw the light of day more and more as the world became industrialized. The 19th century saw a rapid increase in their numbers.There’s money to be had at any time, whether the market is going up or down. But, it’s avoiding the downs and pulling out before the things start to go haywire […]
Long story short… yes, there appears to be a relationship between economic growth and stock market performance within the U.S. (and developed world), but that relationship holds only over longer periods of time and does not hold for all countries (less developed countries often “divert” growth to the political elite). Also, for those interested in the relationship between long-term economic […]
Source: “11g poker chips” by Logan Ingalls from South Boston, MA, USA. Licensed under CC BY 2.0 via Wikimedia CommonsGive up now if you’re looking for a totally safe biotech stock. They don’t exist.But if you’re looking for a biotech stock that is relatively safe compared to most others, that’s a different story. And there’s one biotech that is arguably the […]
