Amazon (AMZN)

Technical Outlook: Market pulled back for the second time in the last three trading sessions.  The volume was extremely light on SPY yesterday, and barely above Christmas Eve’s half day of trading last year. Needless to say, volume was well below average readings and half of what was seen on Friday.  Mini-bull flag pattern

Technical Outlook: Quiet day in the market yesterday with a finish five points higher on SPX. Right now SPX is riding that 5-day moving average. The last two days it has tested the MA and held it both times.  Today, there is some pre-market weakness that will likely result in another test of the 5-day

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Retail is dead if you aren’t Walmart (WMT) or Amazon (AMZN) but a chart pattern is a chart pattern and what you have on Tiffany (TIF) is a gorgeous triple bottom with just the right amount of sparkle to it.  The $60 level seems to have insane amounts of support there, because every

Retail sucks, Nike blows, and if you aren’t Amazon (AMZN) you don’t have a leg to stand on.  Except for lululemon (LULU). 

Technical Outlook: Another day where the bulls might not be ambitious for higher prices, but still willing to buy any dip that comes the market way. Despite the early selling, SPX managed to finish the day in the green yesterday.  At some point this month, the brexit vote will become a concern for the market.

Technical Outlook: A rare down day for the market – in the case of SPY, only its second in the past seven trading sessions. And as we have seen of late, the sell-offs are quite often mitigated by a huge swell of buying into the close that wipes out all of the day’s losses

Technical Outlook: Quiet move in the market on Friday that led to another nice gain for the bulls.  Slight uptick in volume on Friday but well below recent volume averages. This market has all the makings of a market the wants to continue to move higher, however, there are numerous resistance levels overhead between the

5/25: Nice bull flag tthat over the last two days it has fought to break through and establish new highs in. Broke today above the 5-day and 10-day moving average, with a nice series of higher highs and higher lows in place. I expect recent highs to be taken out very soon. It goes without