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Jacobs Engineering (JEC) Is Building A Nice Chart

by Greg Schnell

Jacobs Engineering (JEC) has been correcting for almost 2 years. Recently, JEC broke above a basing pattern and is now back above the 40 WMA. The indicators are showing a nice trend developing. The SCTR ranking shows Jacobs performing in the top 10% of all Large Cap stocks... Read More 

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Biogen Cure For 200 DMA Blues

by Greg Schnell

After a year of lower prices for Biogen (BIIB), this week marks a nice rally that could signify the start of a changing trend. Biogen had a massive surge to $480 in the spring of 2015... Read More 

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Two Oil Stocks You Might Want To Consider

by Tom Bowley

The Dow Jones U.S. Exploration & Production Index ($DJUSOS) is 39% higher since its January low and two mid-cap stocks that are outperforming include $4 billion QEP Resources (QEP) and $2.9 billion WPX Energy (WPX)... Read More 

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SCTR Rankings Are Strong On US Listed Canadian Bank Stocks

by Greg Schnell

Canadian bank stocks are all high up the large cap SCTR ranking tables. RBC (RY) is Canada's largest bank. The SCTR pushed up on the back of the Fed minutes but it was working up there in April before the financials surged this week... Read More 

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SunTrust Faces Technical Moment Of Truth

by Tom Bowley

SunTrust Banks (STI) looks very bullish on a longer-term weekly chart, awaiting a critical technical breakout. But on its daily chart, there are signs of slowing momentum and overbought conditions as price resistance nears... Read More 

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Two Steps Forward and One Step Backward for Ford

by Arthur Hill

Ford is making a big statement today with a successful test of the 200-day moving average and a break above the mid May high. The chart shows Ford (F) surging in February for its first breakout at 12. After exceeding 13.50, the stock retraced 50-62% with a pullback to the 12... Read More 

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IBB Bounces Off Support

by Greg Schnell

The Healthcare sector has been out of favor and the Biotech ETF (IBB) was tossed into the bonfire with the rest of the sector. The SCTR is still demonstrating that the IBB is one of the worst performing ETFs in the market... Read More 

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The Next Big Tech Stock to Watch for a New High

by Arthur Hill

Stocks hitting 52-week highs are in clear uptrends and they are the market leaders. I am not going to feature a stock hitting a new high today, but rather look at one that has a good chance of hitting a new high in the coming weeks... Read More 

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This Small Semiconductor Stock Has A Big Chart

by Tom Bowley

A little more than three weeks ago, a very small $435 million semiconductor company reported quarterly EPS that nearly tripled Wall Street consensus estimates. Quarterly revenues also beat estimates by roughly 3%... Read More 

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Dorman Bounces Off Flag Support

by Tom Bowley

Dorman Products (DORM) touched price support near 51.00, which is technically significant as DORM has been trading in a continuation pattern for the past several weeks and 51.00 has marked flag support... Read More 

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QualCom Battles Two Key Moving Averages

by Arthur Hill

QualCom has been going nowhere since early March, but a breakout may be in the making as the stock distances itself from two key moving averages. The chart shows QCOM with the 50-day and 200-day SMAs in the 51-52 area... Read More 

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Diamond Offshore Drilling (DO) Starts Floating

by Greg Schnell

After a severe, correction going on 2 years, Diamond Offshore Drilling (DO) has built a nice big base. With Crude Oil approaching $50, the sentiment against oil seems to be losing energy. These big bases are important in the stock trend... Read More 

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Semiconductor SPDR Bounces off Key Moving Average

by Arthur Hill

The Semiconductor SPDR (XSD) is one the leading industry-group ETFs at midday on Monday with a gain of around 2%. A look at the chart shows this big gain coming at a potential support or reversal zone. First, notice that XSD broke resistance with a big move in February... Read More 

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Huntsman (HUN) Pulls Back To Key Support Zone

by Tom Bowley

Not many stocks have been spared the past few weeks as our major indices have trended lower. Huntsman Corp (HUN) doubled in a little more than two months, but became very overbought in late April... Read More 

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Have You Met Your Match? (MTCH)

by Greg Schnell

This investing business is a fickle world. Trying to find the right stock at the right time to stay invested in is hard work. Well, the world of relationship matching is also a world of right place, right time synergy... Read More 

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Looking To Find Healthy Stocks During Pullbacks? Consider This Scan

by Tom Bowley

Overbought stocks frequently move above RSI 70, but during periods of selling or consolidation, it's fairly routine to see the RSI dip back to the 40-45 area... Read More 

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Retailers Weigh on Consumer Discretionary Sector

by Arthur Hill

The EW Consumer Discretionary ETF (RCD) got a bounce off support Monday-Tuesday, but gave it all back on Wednesday and broke support with a sharp decline. The chart shows the ETF forming a lower high in April and ultimately breaking support on Wednesday with a gap down... Read More 

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Amazon (AMZN) Delivers New Highs

by Greg Schnell

Amazon (AMZN) continues to another all-time high today. This stock continues to work higher. After writing about Amazon in January, AMZN dropped another $100 / share. Today it looks to close at new all-time highs... Read More 

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Shanghai Composite Breaks Support after Weak Retracement

by Arthur Hill

The Shanghai Composite ($SSEC) took a hit on Monday and closed below support from the April low. This move is reversing the counter-trend bounce and signaling a continuation of the bigger downtrend... Read More 

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This Is How You Hammer Out A Bottom

by Tom Bowley

Children's Place (PLCE) printed a reversing hammer on Friday just after touching gap support at 70.51. This comes off a lengthy downtrend that began in mid-April after a negative divergence had developed... Read More 

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Activision ATVI Launches On A Call Of Duty : Heroes

by Greg Schnell

ATVI - Activision announced a positive response to the Call Of Duty : Heroes software release. After a fantastic 2015 (100% gain), ATVI took a short break in the uptrend. Now, it looks to be resuming it's investor enthusiasm... Read More 

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Which Way Is The Market Heading? Ask Apple

by Tom Bowley

Apple (AAPL) is the most influential stock considering all its branches and its psychological effect, not to mention its $510 billion market cap... Read More 

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VeriSign Whiffs with a Big Bearish Engulfing

by Arthur Hill

There are bearish engulfing patterns and then there are BEARISH ENGULFING patterns. VeriSign formed the latter with one of the biggest I have seen in some time. The chart shows the bearish engulfing pattern opening above the April high and finishing near the early March low... Read More 

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iRobot (IRBT) Moves To The Next Floor

by Greg Schnell

Having a Roomba has been a simple pleasure. Roomba is a robotic vacuum for your home so you can golf instead of vacuum. iRobot (IRBT) is the parent company. The company has an interesting chart this week... Read More 

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Three White Soldiers or a Bear Flag for TLT?

by Arthur Hill

The first week of the month is always a big week for Treasury bonds and the 20+ YR T-Bond ETF (TLT). There are always a slew of key economic reports and the employment report is usually the first Friday of the month... Read More