Market Analysis

Similar reversal action was last seen on the bottom formed in August 2011 Quick Glance at the Market Heat Map and Industries Notables: Apple as well as finances led the way Healthcare was strong, risk coming out of Utilities Services and Materials still showed signs of weakness.  Be sure to check out my latest swing

The value of Super Bowl commercials are quite bullish Quick Glance at the Market Heat Map and Industries Notables: Back to its old ways… Market higher, Apple lower Banks were the day’s clear winner.  Nothing spectacular in the materials, but definitely not bearish.  Be sure to check out my latest swing trades and overall past

The most perfect head and shoulders pattern you’ll ever see Quick Glance at the Market Heat Map and Industries Notables: Unless you are in OXY, earnings in the oil names clearly disappointed.  Traders continue to find safety in Utilities.  Banks sat out today’s market.  Be sure to check out my latest swing trades and overall

VELT didn’t turn out to be all that hot of a breakout… Quick Glance at the Market Heat Map and Industries Notables: You’d think that with a heat map this red, we’d be down way more than 6 points on the S&P. Big Oil down big ahead of tomorrow’s earnings.  Possibly a flight to safety

Interesting chart to consider from Zerohedge Quick Glance at the Market Heat Map and Industries Notables: Tech bled all over the market today, except for Apple which trades against the rest of the tech sector. Financials once again absent from today’s rally.  Materials showed strength, while Services languished.  Be sure to check out my latest

A little bit of weakness is all this reversal indicator needs The SharePlanner Reversal Indicator is showing that this market is at unsustainable levels, and in need of a pullback before it can rally and push back higher again. The market has seen little-to-no relief this entire month. Since 1/8 the biggest multi-day pullback has

KERX burned a lot of bears bright and early this morning.  Quick Glance at the Market Heat Map and Industries Notables: Apple led the way for Tech. Oil and Gas looked horrible ahead of key earnings reports this week.  Financials sucked wind, and could be a key signal for weakness ahead.   Be sure to check

Netflix (NFLX) finally redeems itself.  The best that NFLX has looked in years. Kudos to them. Now get some content that I can’t get elsewhere for free.  Quick Glance at the Market Heat Map and Industries Notables: Another mixed bag of goods in technology.  Services showed a nice rebound today.  Outside of Steel, Copper,

Traders take a bite out of Apple earnings  This stock was forecasting the earnings disaster for weeks now. The chart on the daily and weekly were about as bearish as they came, and I warned of it last night.  Quick Glance at the Market Heat Map and Industries Notables: Basic Materials, namely oil, were a

Reversal Indicator aligns itself with all the other warning signs we are seeing The SPRI while not yet giving us the extreme reversal reading that we are seeking after, there's not doubt we should probably get that reading within the next week or two. We've yet to see the market finish lower overall on the