Energy stocks look giddy to push higher
After months of basing but failing to get any real upside move together, energy services stocks are now better positioned for a bounce higher. Energy services stocks have shown relative strength versus oil itself for weeks now, the energy-heavy Russian stock market looks much better and the US dollar could see some more weakness in […]
S&P 500 has that heavy feeling
After a busy calendar last week this week looks no different with an avalanche of earnings reports, economic data and US Federal Reserve speakers lined up, all culminating on Friday with the January jobs report. US stocks closed at their lows for the week last Friday, at least in part spurred on by still notable […]
Opportunities in Bank and Broker Stocks in December
Between this week’s European Central Bank meeting on Thursday, Friday’s US November payrolls data, followed by the FOMC interest rate decision on December 16th, banking and broker stocks are in for what may be an interesting ride. A more hawkish tone of the Fed could well lead to a good-sized rally in US broker and […]
S&P 500: Should We Buy the $SPY ETF Now after Greece?
Monday’s ugly selloff in global equity markets left behind technical damage. Lots and lots of technical damage. For the S&P 500 — represented by theSPDR S&P 500 ETF Trust(NYSEARCA:SPY) — important lines of support broke on a big-volume decline. The SPY ETF, however, closed the day right at its 200-day simple moving average, which is a key […]
Kansas City Southern (KSU) looks to bounce after an extended sell-off
Kansas City Southern (KSU) shares came under renewed pressure last week, and the railroad company plumbed fresh 52-week lows on a closing basis. The transportation stocks as a group have displayed both relative and absolute weakness as of late; KSU stock played a pronounced role in all this. That said, KSU stock looks increasingly oversold and ripe […]
Serge discusses warning signals from transportation stocks on Benzinga Morning Show
Here’s the recording of my appearance on the Benzing PreMarket morning show on Thursday April 30th. I discussed the concerning signs from the transportation stocks and much more. Watch HERE
Tiffany could sparkle despite dollar gloom
US domestic consumer discretionary stocks look attractive in this surging US dollar environment as its deflationary forces help the purchasing power of the US consumer. Luxury goods retailer Tiffany & Co (TIF:xnys), with only about 50% of its sales in the United States, is currently seen by many analysts as a company struggling from the […]
Should You Be Trading?
If the headline to this article caught your attention, then you probably have at least a moderate interest in markets and thus already semi-qualify to consider becoming a part-time trader. Trading is cyclical in terms of the number of participants. Rampant bull markets turn everyone into stock market gurus, while long slumps in stocks cause […]
A straightforward breakout setup in Lululemon
As stocks continue to climb the wall of worry there are less and less stocks to buy up here. Some stocks however have in the meantime found new higher bases from which better risk-reward on the long side is setting up. Lululemon (LULU) is one of those stocks..here is the setup I am watching. Watch […]
New review: “great and I like it because it is thought provoking …”
Latest review for the Steady Trader trade alert service. “great and I like it because it is thought provoking and gives many options to choose from. I monitor the site three times per day to see current thinking and I appreciate that.” – Wayne K Read all reviews here: http://marketfy.com/item/steady-trader/