YELP: This is a realtively new stock having its IPO come out in March so there are limited support and resistance. But after spending time in the low teens and the high twenties, YELP looks to have found a base around the 20?s....
Read MoreThe Chart of the Day… Quick Glance at the Market Heat Map and Industries Notables: Technology continues to look plain awful! Merck (MRK), McDonalds (MCD), and Proctor & Gamble (PG) is loving life… for today at...
Read MoreI posted the chart earlier in our chat-room real-time as I took the trade, and mentioned it in the 7 Stocks Flying Under The Radar post from this morning as well before taking this trade, but I have to say, that Tutor Perini...
Read MoreHere’s a list of setups that I took from a screen of mine that is essentially looking for companies trading at half of their book value, but technically showing some strength of late. The only stock on the screen that I...
Read More$SPY and the bulls are doing their best to make this 6 day sold market bounce with the expectation that the initial claims will help us find some traction. There is a huge possibility for that to happen, but we all know that the...
Read More$SPY gapping down, evenbthough the initial claims dropped 26,000 to a seasonally adjusted 350,000. Meaning that this gap down, could become a nice bounce since the $SPX is going for a 6th day drop , which would be one of the...
Read MoreBullish Pennant: Stepping back and looking at the chart we can see that a triangle that has formed. Analyzing this from a TA point of view, this triangle/pennant is bullish a pattern since these patterns are considered...
Read MoreCouple of days ago we posted the Silver chart showing the key support at 26.72. For the second day this week Silver or /SI bounced off this level, or close to it todays low of the day 27.08. This level has held so far, but if...
Read MoreBelow are four Weekly charts of Gold, Oil, Copper, and Silver. The price action for the past few weeks on each one is presenting as a bear flag, either at, just above, or just below a major support level. Any attempts, so far,...
Read MoreI don’t know what it is with me and my love/hate relationship I have with Netflix (NFLX). I’ve had some of my best trades come from it, but then there was the chance that I had to add it to my long-term account 5 or...
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