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Regional Bank SPDR Continues to Track the Yield Spread

by Arthur Hill

While falling yields translate into lower borrowing costs for the borrower, they are not always positive for the lender... Read More 

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Tech SPDR Makes a Relative Strength Breakout

by Arthur Hill

The chart below shows year-to-date relative performance for four sector SPDRs (XLK, XLF, XLI and XLY). Notice that the XLK:SPY ratio shot up over the last two weeks and moved to its highest level of the year (above the February peak)... Read More 

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Intel Gets a Squeeze and a Breakout

by Arthur Hill

Intel (INTC) is leading the semiconductor group higher with a move above its upper Bollinger Band. Notice how the bands contracted as volatility narrowed over the last few weeks. The breakout signals what could be the start of a volatility expansion and continuation higher... Read More 

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Uranium ETF Tests Support with Inside Week

by Arthur Hill

The Global Uranium ETF (URA) has had a tough eleven weeks with a decline from 19 to 14, but support may be at hand. The October-November lows marked support in the 14 area and the ETF firmed here with an inside week last week. Also notice that CCI is oversold... Read More 

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USO Breaks Out

by Erin Swenlin

Today, USO broke out above overhead resistance from the bullish ascending triangle. This move confirms the PMO BUY signal that was generated two days ago when the PMO crossed above its 10-EMA. This breakout came on high volume which is positive... Read More 

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Metals & Miners SPDR Breaks Support and Shows Relative Weakness

by Arthur Hill

After stalling in March and April, the Metals & Miners SPDR (XME) turned lower in May and broke a key support zone. Notice how XME held the 41 area for two months and then broke this zone twice in May... Read More 

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Which way is VIPS trending? Using the SCTR to point you to a strong stock like VIPS.

by Greg Schnell

VIPS is an online shopping site for the Chinese market. Bottom left to top right is the simplest way to describe the chart action. What makes the story more compelling is the recent price action. This stock has closed higher almost every month... Read More 

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The New Neutral is Well Underway

by Arthur Hill

Pimco's Bill Gross called his new secular investment theme "the new neutral". Gross expects slow economic growth and low real interest rates over the next five years, and this will fuel the hunt for yield... Read More 

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$TNX - The 10 Year Bond Yield Loses Support

by Greg Schnell

The 10 Year Bond Yield fell to new lows for 2014 today and made 6 month lows. This has been building for a while. There is one layer of horizontal support left for yields at 2.47% which is marked by the red line... Read More 

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Bed Bath & Beyond Follows Bullish Candle with Gap

by Arthur Hill

Bed Bath & Beyond (BBBY), which is part of the important retail group, is showing strength with a gap and surge. Notice that this gap-surge came after the stock formed a doji and then a bullish engulfing... Read More 

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Electronic Arts (EA) Paints A Beautiful Picture

by Greg Schnell

For many investors, the large basing patterns with breakouts are favorites. In the case of Electronic Arts (EA), the stock built a text book consolidation formation at a high level and then broke out. It is commonly called a cup with handle... Read More 

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Symantec Goes for a Breakout With Multiple Scan Signals

by Arthur Hill

Symantec is popping after reporting earnings on Thursday. The chart below shows the stock with a selling climax in mid March, a recovery into early April and a consolidation the last few weeks. With today's gap, the stock is on the verge of a consolidation breakout... Read More 

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Russell MicroCap iShares Underperforms Russell 2000 ETF

by Arthur Hill

Small-caps are underperforming large-caps and microcaps are underperforming small-caps. Microcaps are similar to the momentum names in that they represent the high beta end of the stock market... Read More 

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Russell 2000 Breaks 200-day. Is it a Buy Signal or Sell Signal?

by Arthur Hill

For the first time in over a year, the Russell 2000 closed below its 200-day moving average. This may seem like a long-term sell signal, but it really depends on the bigger trend. Notice how one would have been better off buying on breaks below the 200-day in 2004, 2005 and 2006... Read More 

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XLF Pauses In The Caution Zone

by Greg Schnell

The XLF ETF - Financial SPDR - is one of the most influential ETF's to support the long term bull market. Bank managers see financial issues before other sectors and the broad array of industries within the financial sector can mask the actual performance of XLF... Read More 

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Goldman Sachs Rolls Over Under The 40 WMA

by Greg Schnell

Goldman is one of the most prmoninent stocks in the market. Brokers are considered a leading indicator. Here we have Goldman trapped under the 40 WMA. Looking back we can see Goldman has been early in rolling over before markets correct... Read More 

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Netflix, DirectTV and Abercrombie Lead Consumer Discretionary Sector

by Arthur Hill

The Consumer Discretionary SPDR (XLY) was leading the sectors at midday on Thursday. Trading in general was rather lackluster, but it is still positive to see some leadership from this economically sensitive sector... Read More