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The Fed, Treasury Yields, Housing and a Bullish Continuation Pattern

by Arthur Hill

After an extended tightening cycle, the Fed is set to lower rates for the first time since December 2008 (yawn)... Read More 

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A Retail REIT Makes Fresh New Highs

by Greg Schnell

I must admit, when I see a retail REIT hitting new highs, I can't help but be pessimistic. However, after going to the website and checking out what they have going on, I think I can get my head around the multi-use buildings and why this REIT could keep going... Read More 

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Fastenal Reverses off Key Level with RSI Failure Swing

by Arthur Hill

Fastenal, an industrial staples company, is reversing off a key level with an RSI failure swing working. Never heard of that sector? Let me explain... Read More 

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Energy Starts To Leak Oil

by Greg Schnell

Crude Oil ($WTIC) continues to be a focal point for the world. With diminishing demand and a lack of investment in the mega-projects of the future, the mystery of oil continues... Read More 

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Strong Rotation For Technology Amid Shift To More Offensive Sectors

by Julius de Kempenaer

When I opened up the Relative Rotation Graph for US sectors (weekly version), the position and the current rotation for the Technology sector caught my attention. If you are a regular reader of articles you will know that my default time frame is weekly... Read More 

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Two Bearish Continuation Patterns for BioMarin

by Arthur Hill

The Biotech ETFs, XBI and IBB, have underperformed the broader market the entire year. The chart below shows the S&P 500 SPDR (SPY) with higher highs in early May and July. The ETF also recorded fresh 52-week highs in May and July... Read More 

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Is This Chart Ready For An 'Open Sesame'?

by Greg Schnell

The tale of Ali Baba has him opening a door into a treasure trove using the words "open sesame... Read More 

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Ebay Holds the Break

by Arthur Hill

A consolidation within an uptrend is considered the pause that refreshes. Stocks often become overbought after a sharp advance in a short period of time and need to work off these overbought conditions with a correction. Corrections are of two types: price or time... Read More 

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Why Are The Airlines Flying?

by Greg Schnell

Airline price charts are starting to improve. The big question is - why? After years of going sideways for the industry group, is it possible that now is the moment to be optimistic that something is changing? Well, the industry daily chart does not look all that optimistic... Read More 

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Forces Are Shifting in The Battle Between INTC and MSFT

by Julius de Kempenaer

When you open up StockCharts.com and go to Your Dashboard, one thing you'll find is a section called "Market Movers", located in the top-right corner of your screen... Read More 

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Semis are Back in Gear and this Stock is Poised to Extend Higher

by Arthur Hill

The S&P 500 SPDR and Technology SPDR (XLK) hit new highs this month. Thus, the S&P 500 is signaling a bull market and the technology sector is leading... Read More 

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Regularly Restocking The Rack

by Greg Schnell

Retail can be a hard game, as the vast majority of retail stocks are in significant downtrends. However, there are a few that continue to perform... Read More 

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The Consumer Staples Sector is Leading and this Stock is About to Break Out

by Arthur Hill

The S&P 500 hit a new 52-week high last week and three sectors joined the index with new highs of their own: the Technology SPDR, the Consumer Discretionary SPDR and the Consumer Staples SPDR... Read More 

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Cameco - Can this Dog Bark?

by Greg Schnell

Cameco (CCJ) has been in the doldrums for years. As the big dog in the Uranium Miners dog park, the chart keeps tempting us, but it has been a swing trade only... Read More 

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A Strong Rotation on RRG and a Break to New Highs Make For a Killer Combination

by Julius de Kempenaer

At present, the Technology sector is rotating through the weakening quadrant on the Relative Rotation Graph. Following a strong move in the first months of this year, relative strength for XLK started to level off and has remained more or less flat since April... Read More 

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This Cannabis Stock is Higher than the Rest

by Arthur Hill

Sorry, I could not resist the pun in that head line. Relative and absolute strength is often dependent on timeframe. One stock may show upside leadership on a one month timeframe, but be lagging on the three and six month timeframes. For example, Tilray (TLRY) is up 16... Read More 

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This Stock has a New High in its Sights

by Arthur Hill

Stocks that hit new highs are in clear uptrends and show upside leadership. A new high does not have to be within a few days or even a few weeks. Sometimes stocks hit new highs and then correct for a few months to digest prior gains... Read More 

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Financial Charts - Rockets or Shovels

by Greg Schnell

Raymond James Financial is setting up nicely here to surge higher, as seen in the chart below. However, it is also at an important inflection point where we can set a tight stop if it does break down. The relative strength (in purple) needs to move up here... Read More 

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Brexit is SOOO 1776!

by Julius de Kempenaer

Happy Fourth of July! On this public holiday - for the US, anyway; not so much for me ;) - I looked up a bit more about the history of Independence Day and, while doing so, it occurred to me that even back then, the British were involved in a separation..... Read More 

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This is the Strongest Industry Group ETF within the Strongest Sector

by Arthur Hill

On a closing basis, only one sector hit a new high on Tuesday and that sector just happens to be the biggest sector in the S&P 500. According to SPDRs.com, the Technology SPDR (XLK) accounts for 21.63% of the S&P 500 and is by far the biggest sector... Read More 

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This 2018 IPO Just Carded A New High. Now What?

by Greg Schnell

Cardlytics (CDLX) made its initial public offering a little over a year ago. While it is not uncommon for a newly listed stock to take time to build a trading range, CDLX broke to a new high for the first time in a long time since September 2018... Read More 

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Dine Brands Serves up Some Tasty Technicals

by Arthur Hill

Dine Brands (DIN) is the parent company for the Applebees and iHop restaurant chains. Regardless of what you think of the restaurants or food, business must be good because DIN is one of the best performing restaurant stocks this year (+44%)... Read More