Don't Ignore This Chart! May 31, 2018 at 02:13 PM
Facebook surged to new three month highs with the potential to retest the all time high later this week. Obviously one of the best buy points was when they announced that Mr. Zuckerberg would testify in Congress. That marked the bottom of the stock... Read More
Don't Ignore This Chart! May 30, 2018 at 08:14 AM
The Biotech iShares (IBB) surged off support in mid-May and then stalled the last two weeks with a bull flag taking shape. A bull flag is a short-term bullish continuation pattern. These patterns form after a sharp advance and represent a rest or consolidation... Read More
Don't Ignore This Chart! May 29, 2018 at 07:55 PM
TripAdvisor (TRIP) has become a mainstay tool for frequent travellers. Last week I was in Greece and we used it all the time. Checking out ratings on restaurants, patios, plays, and hotels is so easy on TRIP... Read More
Don't Ignore This Chart! May 26, 2018 at 06:08 AM
Career Education (CECO) is breaking out above an up trending consolidation. The stock continues to push higher. The SCTR continues to hover around 75, suggesting the stock is a continuous top performer. This is a typical top performing stock configuration... Read More
Don't Ignore This Chart! May 23, 2018 at 07:47 AM
I highlighted a number of bull flags in Tuesday's show (On Trend), and there were some breakouts. These breakouts, however, were not very convincing because stocks closed weak and gave back their early gains... Read More
Don't Ignore This Chart! May 22, 2018 at 04:29 AM
Advance Auto Parts has been significantly beaten up over the last year. The last six months shows the stock building a nice base. The stocks sets up nicely here, but lets review the technicals. First of all, the SCTR shows it becoming one of the top stocks for price movement... Read More
Don't Ignore This Chart! May 21, 2018 at 01:57 PM
I do not often highlight stocks with bearish setups during a bull market, but Hasbro shows some serious weakness over the past year and looks poised to peak again... Read More
Don't Ignore This Chart! May 18, 2018 at 11:40 AM
The Gambling industry group has been performing well as of late. This week the chart of Las Vegas Sands (LVS) is attempting to break to new highs. Technically, the stock is performing well... Read More
Don't Ignore This Chart! May 16, 2018 at 10:49 AM
The Materials SPDR (XLB) is having a good month with a 4+ percent gain so far in May. Within the sector, I am seeing some strength in two big chemical stocks, Air Products (APD) and Eastman Chemical (EMN)... Read More
Don't Ignore This Chart! May 15, 2018 at 04:13 PM
The Gold chart gapped below the 200 DMA again today. This is the fourth time in the last year. However, look at the trend after the gap down below the green moving average line. Approximately one week later, Gold reversed and started a long up trend in the three previous cases... Read More
Don't Ignore This Chart! May 14, 2018 at 12:20 PM
The healthcare sector is coming alive on Monday and leading the broader market. As with the S&P 500, this sector struggled in 2018 and the Health Care SPDR (XLV) is up around 1.5% year-to-date. SPY, for reference, is up almost 3% this year... Read More
Don't Ignore This Chart! May 11, 2018 at 01:22 PM
Lowes (LOW) perked up today. The chart shape is nice with multiple technical signals. The Relative Strength is making a minor signal with a break of the downtrend on the purple area panel. The SCTR is moving above 50 in the top panel which is ok but not great... Read More
Don't Ignore This Chart! May 10, 2018 at 03:42 PM
BHP Billiton is a global mining stock. It continues to perform well and has consolidated recently. The commodity related stocks are trying to break out here. BHP, RIO and VALE succeeded this afternoon. Below is the chart of BHP... Read More
Don't Ignore This Chart! May 09, 2018 at 08:46 AM
Hilton (HLT) led the market in the second half of 2017 and then took a breather in 2018. This is looking like the pause that refreshes as the stock challenges resistance... Read More
Don't Ignore This Chart! May 08, 2018 at 01:08 PM
General Electric (GE) is base building as we roll into May. The plummeting stock has stopped its free-fall and has now built a small head shoulders setup. Head and shoulders refers to a changing trend... Read More
Don't Ignore This Chart! May 07, 2018 at 11:39 AM
The discount brokers are showing strength in the broader market with E-Trade Financial (ETFC) and Interactive Brokers (IBKR) hitting new highs in May. Schwab (SCHW) is breaking out of a small triangle, while TD Ameritrade is bouncing within a bigger triangle... Read More
Don't Ignore This Chart! May 04, 2018 at 03:43 PM
Mosaic's chart looks like an endless river of pain. So much so, why would anyone look at the stock for investment? Well, a couple of signals have kicked up that make it worthy of a second look now. First of all, the SCTR recently gave us a signal by moving above 75... Read More
Don't Ignore This Chart! May 02, 2018 at 06:53 AM
It has been a rough year for Alphabet, also known as Google, but the stock is still in a long-term uptrend and firming near a solid support zone. This could give way to a bounce. First, the stock advanced some 30% and hit a 52-week high in January... Read More
Don't Ignore This Chart! May 01, 2018 at 09:44 PM
Stryker (SYK) pushed to new highs this week. The medical equipment maker has consolidated for the first four months. The surge to new highs comes after a strong run over the last three weeks... Read More
