Author: Richard Hefter

It took long enough, but it occurred nonetheless. The April-June base-like pattern in Apple Inc. (AAPL) that triggered potential upside targets at 606 and 623, finally satisfied both objectives as AAPL trades above 623 today. As...

It was a very interesting week in many respects. There were at least three different times when it felt like a bear market and a bull market. The whipsaw continued with many of the usual head fakes for both the bulls and the...

What a difference a day makes, eh? Let’s notice that Petrobras (PBR) is climbing in sympathy with overall market and crude oil strength today, and has pierced its prior rally peak at 20.52 on July 30, which now positions...

Two big events came and went today without much to say other than we saw some decent volatility intraday. Not much more than that can be said about this day, which I thought would be far more powerful in nature regarding price...

Heading into the FOMC announcement, we continue hold Petrobras (PBR) as an active trade set-up because the multi-month pattern resembles a substantial base, or accumulation period, in the aftermath of a 2 1/2-year bear phase...

While the world fixates on what the Fed and the ECB have up their collective sleeves to stem the sovereign debt contagion and to spur growth, it appears to me that the policy prescriptions might need to include China, as in, how...

That would describe today and mostly likely tomorrow as well. We are awaiting lots and lots of huge economic news this week, not to mention a huge statement from the Mr. Bernanke on Wednesday. The bulls and bears are both scared...

Although from a technical perspective my inclination is to add to our long model portfolio position in the ProShares UltraShort 20+ Year Treasury (TBT), there is so much uncertainty and the potential for shocking unintended...

In this game you have to deal with combined efforts from those behind the scene. Those folks will do their best to control whatever it is they want controlled. In this case, it’s the European central bank and its leader...