What levels are important in the market right now and which stocks are the top trending candidates of the day? We’ll start our update and stock scan with our S&P 500 level chart: Our key focal point will be the converging trendlines – namely the horizontal line near 2,027 and the rising lower trendline intersecting…
Which stocks topped our algorithmic list of strongest (and weakest) intraday trending stocks today? Let’s take a look – plus we have a bonus after-market gap (surge) for two of these stocks. Here’s our top intraday up-trenders: Jumping straight to the point, our top trenders of the day include Netflix (NFLX) and Cree (CREE), both…
As 2015 continues, we’re seeing persistent trends develop across key markets. Let’s take a look at one obvious trend, one stealthy trend, and two common trends we should be watching. All traders are likely aware of the “commodity crash” or collapse in Crude Oil prices. The collapse was widely reported and frequently traded – whether…
After yesterday’s Swiss Franc surprise (see the “Aftermath Update” post from this morning), the US S&P not only stabilized but is showing signs of a bullish short-term reversal. We’ll start our update and stock scan with our S&P 500 level chart: Mainly, we’re focusing our attention right now on the 2,010 level for a possible…
I wanted to highlight the ‘damage’ or intense price movement on select FOREX pairs because – probably – we’ll never see another overnight move like this in our lifetimes. The Swiss National Bank shocked the markets with a “Black Swan” announcement that they will no longer intervene to stabilize their currency against the Euro. For…
It’s time once again to plan our intraday and swing trades off the key inflection (pivot) level 2,000 in the S&P 500. “Will it hold or will it break?” What happens next on the movement away from 2,000 will define our bullish or bearish strategies. Here’s a pure price chart to highlight this level and…
We have yet another sell session in motion, let’s take a moment to highlight key levels, read breadth, and find opportunities in the top trending stocks for the day. We’ll start as usual with our S&P 500 level chart: Ultimately, price is doing exactly what it should be doing, at least in terms of breaking…
So far today has been a thrilling session. Let’s jump straight into our mid-day “turnaround” update and plot levels and trending stocks that are important. We’ll start as usual with our S&P 500 level chart: Be sure to start with this morning’s update on “Support and Resistance Planning for the S&P 500 and Dow Jones”…
We have another sell session in motion, let’s take a moment to highlight key levels, read breadth, and find opportunities in the top trending stocks for the day. We’ll start as usual with our S&P 500 level chart: Be sure to start with this morning’s update on “Support and Resistance Planning for the S&P 500…
The S&P 500 (and Dow Jones Index) has compressed between moving average support and resistance levels. In simplest terms, we’re waiting for a breakout of these levels to trigger bullish… or bearish… trading strategies for the next market swing. Let’s chart these simple levels and note what’s important to watch on the chart: Let’s focus…