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I’ve been watching with great interest to see whether Oracle (ORCL) is going to pull it together and bounce at critical trend-line support or whether it is going to break below it and eventually establish lower-lows under $40. Right now, I say it is still bullish until proven otherwise, but the window of opportunity
It’s July, it’s hot, and so is this market! Get your portfolio right and start consistently profiting in this crazy and volatile market. Join the SharePlanner Splash Zone and start trading with me to see for yourself what a membership can do for your portfolio. Sign up for a Free 7-Day Trial – with your subscription,
With three days of sideways action on the S&P 500, I am turning my attention towards stocks that have either bull-flagged its price action or pulled back to a key support level, following a massive move higher. I found the latter RR Donnelley & Sons (RRD) with a stiff pullback to the break out level
What a wild weak! From a short-term perspective, I would have rather seen the market not break out of that range and instead push back lower and through the 2040 level. From a long-term perspective, I'm glad to see this 2134 break and new all-time highs finally get established. The follow through to the upside
It’s July, it’s hot, and so is this market! Get your portfolio right and start consistently profiting in this crazy and volatile market. Join the SharePlanner Splash Zone and start trading with me to see for yourself what a membership can do for your portfolio. Sign up for a Free 7-Day Trial – with your subscription,
The Cisco (CSCO) trade setup has a lot of appeal to it right now. It has broken out and above the year-long resistance that has formed around the $29.00-40 level with authority. At this point though you have to be careful about adding new long positions on momentum, because it is going to take
Technical Outlook: SPX rallied for the 10th time in the last 12 trading sessions. A rally that is as good as any we have seen over the past few years, except this rally established new all-time highs, and still hasn’t stopped yet. Terrorism struck again, this time in Nice, France. Absolutely, and utterly disgusting, the
It's July, it's hot, and so is this market! Get your portfolio right and start consistently profiting in this crazy and volatile market. Join the SharePlanner Splash Zone and start trading with me to see for yourself what a membership can do for your portfolio. Sign up for a Free 7-Day Trial - with your subscription, you
Apple (AAPL) is on a tear heading into earnings and they report in less than two weeks (July 26th to be exact). It is hard to say how they’ll do following their earnings, especailly after the sell-off we saw back in April. What was once the market darling is now a stock that everyone demands