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Author: Deron Wagner

Pullback buy entry into Japanese Yen ETF (FXY)

The stock market continued its impressive winning streak yesterday, as the major indices scored another round of solid gains. Stocks gapped higher on the open, oscillated in a narrow range throughout most of the day, then made a...

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Stalking the tech ETFs for pullback

Showing encouraging resilience to close the week, the major indices consolidated in a tight, sideways range throughout last Friday’s session, before finishing near the flat line. The Dow Jones Industrial Average ticked...

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Updated ETF watchlist in the coming week

The major indices followed up Wednesday’s breakout with another session of gains, confirming the legitimacy of this week’s rally above key areas of technical price resistance. Stocks consolidated in a tight, narrow...

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A swift change of sentiment

Sparked by a better-than-expected earnings report from Intel after Tuesday’s close, stocks rushed higher out of the starting gate yesterday morning, and never looked back. Driven by strong volume across the board, the...

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Semiconductor ETFs poised for breakout

Major averages pulled back during the first ninety minutes of trading, which turned out to be a mild gut check for the bulls, as stocks reversed back up to the highs of the day through lunch. The afternoon session failed to...

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A one-day bounce or not?

After several days of tight-ranged, low-volatility trading, stocks woke up yesterday. Led by a surge in the financial sector, all the major indices logged sizeable gains of more than 2%, as higher turnover accompanied the rally....

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Chinese ETFs still showing relative strength

Stocks closed out the week with a slow, inconclusive trading session that was as unremarkable as the previous day’s action. The major indices lazily oscillated in a tight, sideways range throughout the entire day, before...

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Bond ETFs break out

Building on bearish momentum from the previous day’s break of key levels of price support, the major indices were facing another round of substantial losses yesterday afternoon, but a late-day recovery enabled stocks to...

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