Exxon Mobil Stock Exhibits Relative And Absolute Strength
Markets continue to be in a tough spot but shares of integrated oil company Exxon Mobil (XOM) are showing some promising absolute and relative strength. After a solid bottoming process the stock is looking to break past a next layer of technical resistance as investors flock to higher quality stocks. Watch the Free Video for […]
Your Strategy for the Russell 2000 (IWM): Sell the Rallies!
We are only four trading sessions into the new year and the Russell 2000 — as represented by the iShares Russell 2000 Index (ETF)(NYSEARCA:IWM) — has already fallen more than 6%. It has been an ugly start to the new year to be sure, but it might just be the beginning of a much more volatile year […]
S&P 500 Road-Map for September & October
Summer has just about run its course and September is upon us. With this slow change in seasons will likely also come an at least somewhat heightened period of volatility for the stock market…at least if history is any guidance from a seasonal perspective. Watch today’s VLOG to see a possible path for the S&P […]
Juicy Trading Setups for the Week ahead
After another better than expected jobs report last Friday stocks continued their surge and this led to another round of breakout moves in important parts of the stock market. As a result, next week a fresh set of stocks and sectors is setting up for moves higher, including technology and financial stocks. Watch today’s VLOG […]
Beware of this Stock Breakout
Stocks continue to climb the wall of worry. Part of the reason for the continued ascent in stocks is a fairly orderly rotation from sector to sector and industry group to industry group. The energy and basic materials sectors are now flashing new trading setups in stocks like Potash (POT) and Mosaic (MOS) among others. […]
Chipotle Mexican Grill Stock Still Points Lower
It has been a brutal six months for shares of Chipotle Mexican Grill (CMG) as the stock from peak to trough fell about 50%. After a relief bounce over the past couple of months the stock has seen renewed selling pressure and the path of least resistance for now looks to be to the downside. […]
Noteworthy strength in Wal-Mart Stock
After a brutal year in 2015 shares of Wal-Mart (WMT) are showing noteworthy relative and absolute strength thus far in 2016. While a bear market in stocks will likely pull most stocks lower with it, there is a juicy opportunity ripe for the taking in WMT stock now. Watch the Free Video for the trade […]
Oracle Stock Stares into the Abyss
After shares of software giant Oracle Corp (ORCL) already dropped about 20% in 2015, according to my analysis the stock has plenty further to drop in 2016. While there are fundamental concerns around the company’s growth, the charts are flashing a very bearish signal that needs to be respected. Active investors could look to play […]
Why Traders Lose Money: Part 1
Why do traders lose money? It’s a question I get asked several times each week. Hint: It’s usually not just One Thing that causes traders to lose money, but rather an amalgamation of things. Watch today’s VLOG Please help me grow my #youtube channel. Please subscribe to the channel and like the video. THANK YOU! […]
Good Old GE Stock Ready for Liftoff?
Like many large cap dividend-paying stocks shares of good old General Electric (GE) have rallied nicely over the past week and a half. With global bond yields at record lows investors are chasing any stocks with ‘reliable’ dividend yields and this could soon also lead to another pop in GE stock. Watch today’s VLOG for […]