Lucrative Next Upside Target For Michael Kors Stock
Shares of Michael Kors (KORS) recently gave one of the most convincingly bullish intermediate-term signals of many stocks. The stock gapped higher after its latest batch of earnings and after a period of consolidation at higher highs now looks poised to get its next rally leg underway. Watch the Free Video to learn about this juicy […]
Opportunity In Amazon.com Stock
Shares of Amazon.com (AMZN) after a monster year in 2015 fell 30% from the January highs to the February lows so far this year. The recent bounce in the stock is pushing it back into technical resistance, where active investors and traders could find a juicy opportunity. Watch the Free Video
Buying Opportunity In Oversold High Yield ETF
After acting as a leading indicator to the current bear market in equities, the high yield space as represented by the HYG etf increasingly looks to be extremely oversold in the near to medium term. Bullish reversals are starting to make their mark on the daily and weekly charts. Watch the Free video to learn […]
Gold is Basing. Buy Gold as a Theme in 2016
After a brutal bear market for the price of gold since 2011, the yellow metal is looking much more constructive. From both a technical, sentiment as well as a cyclical perspective gold looks to have bottomed and is set to for a meaningful possible multi-year rally. Watch the video to see the bull case for […]
Apple Sets Up For a Bounce Trade
Apple (AAPL) after reporting earnings ealier this week once again was subjected to selling pressure as the stock remains in a bear market and 30% off its 2015 highs. While I am still a better seller of bounces/rips, in the near-term AAPL stock looks to be setting up for a good bounce that can be […]
Small Caps Lead a Bullish Reversal
After an 8% drop in the S&P 500 in the first two and a half weeks of the year, Wednesday started with an ugly sell-off. U.S. equity futures were a sea of red in the pre-market. Oil, as usual, was leading the downward press, and European stocks again followed. At my usual 4:30 a.m. wakeup […]
Stocks Finally in Oversold Bounce Mode
After an 8% drop in the S&P 500 in the first two and a half weeks of the year, Wednesday started with an ugly sell-off but ended with a strong bullish reversal. Some indices such as the Russell 2000 after dipping deep into the red even managed to turn green by day’s end. While a […]
Why Bank Stocks are Forecasting More Market Volatility
Shares of banking and finance stocks are trading lethargically and forecasting more trouble ahead for markets. Between a flatening yield curve, slowing global growth, concerns over high corporate borrowing and more, bank stocks and thus the entire stock market faces a strong uphill battle at least through the first half of 2016. Watch the video […]
It’s ugly times ugly…
and look where the Russell 2000 has fallen to as a result of another 2.60% smack-down today… Mucho oversold from a momentum perspective and 17% below its red 200 day moving average. Very stretched on the downside.. BUT, we need a confirmed bullish reversal before any buying in more size makes sense. Period? I had […]
Stocks: Beware of a sharp counter-trend rally
Bear markets are notoriously difficult for anyone to make money in. Sharp sell-offs are followed by snappy counter-trend rallies. Unless one has some perspective on the market it is an almost sure bet to lose money. With the selling for stocks in January intensifying we are ever closer to a sharp counter-trend bounce. Quicker traders […]