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Pfizer Bounces within Uptrend

by Arthur Hill

The pickings are slim as the market corrects and may charts turn ugly. I am noticing some strength in big pharma with Merck (MRK) up in March and Pfizer (PFE) holding above the early February low (so far). The chart shows PFE with a zigzag uptrend since June... Read More 

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Another One Breaks Support

by Greg Schnell

It has been a wild start to the year, and we haven't finished the first quarter yet. Netflix now has a larger market cap than GE. Facebook is out of favor and Twitter is in favor. What's next? With all the wild price gyrations in the index, Tesla broke support today... Read More 

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An RSI Failure Swing in Ross Stores

by Arthur Hill

The S&P 500 was shaken with a plunge below its 200-day SMA on Friday and this gives chartists a reference point to compare with other charts. Personally, I do not think moving averages represent support or resistance levels... Read More 

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Newmont Gets Some Strength

by Greg Schnell

The Gold stocks have been rallying this week. Gold sits about $20 below 52 week highs. Newmont (NEM) looks like it is changing direction by breaking the down trend. Notice the Relative Strength line is making new 5-month highs. The SCTR is also breaking out... Read More 

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Maybe Its Not About Steel Tariffs

by Greg Schnell

Today, under the cover of tariffs and China trade, Deutsche Bank (DB) stock gapped down hard. The chart looks gappy because the main trading on DB is traded in Europe... Read More 

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Small-caps Catch a Little March Madness

by Arthur Hill

The S&P SmallCap iShares (IJR) held up better than the S&P 500 SPDR (SPY) during last week's decline and small-caps are outperforming large-caps in 2018. The chart shows IJR moving above its late February high with a surge above the blue zone in mid-March... Read More 

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Put This On Your Dance Card?

by Greg Schnell

Payment systems had a fabulous year last year and the shape of the charts has been pretty good this year. Visa (V) looks great here.Visa just keeps banging its head on the the $125 level. The SCTR has started to push up in the last few days... Read More 

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Investors Cut the Cord on Disney

by Arthur Hill

Dow component Disney (DIS) is feeling the heat today with a triangle break and move below the 200-day moving average. Disney has been one of the weaker stocks in the Dow Industrials over the last few years... Read More 

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When Rental Cars Start Flying

by Greg Schnell

Avis / Budget (CAR) is finally breaking out of a long term horizontal move. Recently it pushed above $42 and went sideways. At this point, the consolidation after breaking out looks like it is ready to accelerate to the upside. The SCTR ranking looks good... Read More 

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Centene Moves to Recapture 50-day SMA

by Arthur Hill

Centene (CNC), which is part of the healthcare sector, sports a steady uptrend over the past year and recently surged towards its 50-day SMA... Read More 

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Newmont Mining Sets Up

by Greg Schnell

Newmont Mining (NEM) has been subtly building a trend of higher highs and higher lows. It is set up for a move now. The Full Stochastic indicator looks like it is bottoming at 50 % which usually happens when strong stocks pull back... Read More 

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Momentum and Money Flow Take a Turn in LabCorp

by Arthur Hill

Laboratory Corporation of America Holdings (LH) is looking bullish as the Moving Average Convergence Divergence (MACD) turns up and Chaikin Money Flow pops... Read More 

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Vertex (VRTX) Makes A New Vertical

by Greg Schnell

Vertex Pharmaceuticals (VRTX) pushed to a new all time high Friday to close out the week. The stock has been in a general uptrend for years. After consolidating for a few months, the stock price moved sharply higher... Read More 

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Doctor, Doctor! Are You There?

by Greg Schnell

One of the most interesting things about new IPO stocks is how they behave technically. Some stocks soar and plummet all in the first six months. This particular stock Teladoc (TDOC) did too. It soared on the opening day and worked itself higher for one month, almost doubling... Read More 

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Revenge of the Small Caps

by Arthur Hill

The S&P 500 SPDR (SPY) is pretty much unchanged over the last five trading days and the respective sector SPDRs are mixed... Read More 

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This Chart is Lighting Up

by Greg Schnell

Stocks that build big bases generally have a prolonged move when they break out of them. This week CREE is soaring on news of an acquisition that closed today. This stock has all the markings of a new run starting. SCTR is clearly trying to stay in the top quadrant, above 75... Read More 

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Electronic Arts Leads and Stalls at the Same Time

by Arthur Hill

Electronic Arts (EA) is one of the leading stocks in a strong video game industry group. Note that Activision (ATVI), one of its main competitors, hit a 52-week high in late January and is challenging this high here in early March... Read More 

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One Commodity ETF is Trying To Go Higher!

by Greg Schnell

Commodities have been under pressure for over a month. But one of the rebels in the Commodity space has been Agriculture over the last few weeks. Look at the DBA ETF. The SCTR is putting in the strongest move in 18 months... Read More 

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Using Hedged And Unhedged ETF's

by Greg Schnell

Recently I received an email asking about when to invest in foreign market ETF's. I had discussed the $USD might not be heading lower on my Commodities Countdown and on the Canadian Technician video recordings... Read More