Amazon (AMZN)

Technical Outlook: Respectable follow through yesterday, though SPY failed to do much of anything after the first 30 minutes of trading, finishing just barely higher than where it started the day at.  Today is the day where the FOMC is expected to begin increasing interest rates – with today starting at a quarter point

Technical Outlook: After being up more than 17 points on the day, SPX dropped, within a two hour period, 44 points to the downside.  That marks one of the most significant intraday reversals we have seen this year.  SPX managed to close, as noted in the chart below, just above the rising support level off

Technical Outlook: After an initial hard sell-off, SPX managed to rally off of the lows of the day and curb the overall damage to the market.  SPX closed slightly below the 200-day moving average.  The rising trend-line off of the October lows was touched again yesterday and held perfectly.  SPY volume over the last

Technical Outlook: Solid day of selling that saw the market deteriorating much faster under the surface among stocks than what the indices actually were suggesting. The Advancing/Declining issues reading showed a very bearish market to the tune of 4:1 in favor of the the declining issues.  VIX was much stronger in the early going

Technical Outlook: SPX had a monster rally on Friday that wiped out all of Thursday’s sell-off and nearly half of Wednesday’s.  The bounce was critical for the bulls as the market was on the verge of slipping into another meaningful pullback.  Instead, SPX recaptured the 5, 10, 20, and 200-day moving averages in one

Going over current market conditions and whether this is the start of what has become an annual phenomenon – the Christmas Rally. I’ll also be going over my personal trade setups and what I like right now. In this video I cover the following stocks: MSFT, ADSK, BAC, CRM, AMZN,

Technical Outlook: SPX continued its selling ways – falling another 1.4% yesterday down to 2049.  Jobs report this morning – 211k actual vs 200k expected. Market rallied a small bit as a result.  Saudi Arabia not cutting production has since wiped out all those gains.  Since breaking out on Tuesday, the market has now reversed

Technical Outlook: Hard sell-off yesterday, in a rather surprising manner. Little to no bounce throughout the trading session.  Found support at the 20-day moving average.  Watch the rising trend-line off of the October lows – It will be in play today at 2074.  200-day moving average has also provided some support/resistance throughout this past year.

Technical Outlook: Hard afternoon rally yesterday provided traders with a breakout of the range of consolidation from the previous seven trading days.  Now the market is setup to make a challenge of the declining resistance off of the May highs today with resistance being at 2115.  Rising support off of the September lows currently sits

Technical Outlook: A respectable dose of selling yesterday that saw SPX pullback to support as noted in the chart below.  For the month, SPX managed to finish 1.05 points higher – a move of 0.05%. Essentially the market spent the past month doing nothing.  SPX pulled back perfectly to the 20-day moving average as well