First off, I am sure some of you have been wondering where I have been. I did not post a watchlist on Friday, and have been off chat/Twitter/StockTwits for the past few days as well. For those of you who do not know, I do not do this full time – I am currently in the Army and have been […]
BDR
BDR has formed a nice ascending triangle formation over the past month and surged higher again today with slightly higher relative volume. This is a “Superman” pick (@super_trades) so be careful since his low floats normally rise fast and fall equally as fast; however, from a technical standpoint, this looks good. Notice the potential MACD crossover.FOMX
Recent IPO that has formed […]
The stock markets across the globe are enjoying a boom this year, and China is no way behind. Chinese stocks have been on the tear over the past six months and the country’s Shanghai Composite Index hit the major threshold of 3,000 for the first time in three years on Monday trading session.With this, the benchmark has surged nearly 20% […]
Tuesday was a quiet calm session as indexes hung out around flat almost the entire session as we continue to see digestion of the large gains seen over the past few weeks. With the overbought conditions in place it is difficult to see a straight up move from here without a little more time. The S&P 500 gained 0.07% and […]
Source: Getty ImagesI’m relatively bearish on IBM (NYSE:IBM) shares. The company has been a major disappointment over the past couple of years, and this is reflected in the company’s stock price, which has been topping out. I think that in the longer term, we can see further downside in the stock, and for the time being, I don’t think that […]
Today was a perfectly healthy session for a market that has changed complexion over the past week. We said numerous times in yesterday’s recap we could stand a day or two of rest after a hectic move up, especially in the NASDAQ. The S&P 500 fell 0.11% and NASDAQ 0.28% – these are reasonable pullbacks. There was a sharp drop […]
In fact, although it is commonly stated that stocks never lose money over a long enough period, these periods might be longer lived than we are. Don’t forget that our Grandfather that bought stocks in 1929 was not clearly out of the red until 1989. That’s right – if he really did buy and hold his shares, he would have […]
QTWW -52%AEIS -21%ININ -19%TWTR -18%HDY -17%EDMC -17%FLDM -16%ATHN -14%YELP -13%TREE -13%VRNS -13%ECOM -13%FEYE -12% (these misfits just announced an acquisition after the bell. The stock is down 60% over the past two months)MWIV -12%SGY -11%HGR -10.5%CRTO -9.5%P -9%BNFT -9%And there were nearly 200 other stocks down more than 5% today.
Original link:
These Stocks Crashed On the Anniversary of the Flash Crash […]
Peercoin is displaying a classic sine wave motion, as consolidation takes hold. The bulls and the bears are fighting for supremacy, and I can tell you one thing, the pattern is most likely going to continue for the rest of the day. Let’s take a closer look at the PPC/USD chart on the H1 timeframe below (click to expand): […]
Litecoin rise over the past few days hasn’t been of much intensity, hitting a high of 12.1. What we’re experiencing right now is a classic exercise. During my last technical analysis on Litecoin on the 3rd of April, I explained how LTC/USD was trading at a massive support zone at the 78.6% Fib level on the Weekly chart, […]
