Advertisement

Author: Richard Hefter

BAC Unfinished on Downside

My near-term and 6-month pattern and momentum work on Bank of America (BAC) indicate that the price structure has some unfinished business on the downside prior to embarking on a sustainable rally period. The very negative...

Read More

Strong Day and Week for Bulls

The stock market indices ended the final session of this week with another very strong day, but most of the gains were had on the opening gap. The indices popped sharply higher, then backed and filled for the first hour, before...

Read More

Playing the Move in Natural Gas

A review of natural gas futures shows the chart pattern exploded above 4.20-4.25 resistance. The iPath Dow Jones UBS Natural Gas (GAZ), however, has not followed the same path. GAZ has stalled, perhaps owing to its premium price...

Read More

Solid Day for the Bulls

The stock market indices had a big day today as they gapped up huge at the open. They backed off just slightly and then reached their session highs in the first 30-40 minutes. The next couple hours was spent pulling back ever so...

Read More

SIGN UP TO NEWSLETTER

Join our mailing list to receive the latest news and updates from our team.