Nine Weak Downtrending Stocks to Start the Week

As we start a new weak of bearish price action in the stock market, let’s focus our attention on nine persistently downtrending stocks for possible short-sell retracement candidates. Here’s the list of weak stocks downtrending in the S&P 500: These stocks continue to show relative weakness and downtrends as defined by lower price lows with…

Stock Market Retracement or Reversal? New Video Comparison

What similarities can we draw between the 2010 and 2011 Corrections (Retracements) and what lessons can we apply to the Big Retracement of 2015? In this video, I draw parallels between 2010 and 2011 and highlight a specific pattern during and after the big retracement. Take a look at the video and continue to compare…

Sept 21 New Range Market Update and Big Stock Scan

Today’s session saw a bullish bounce take price higher into resistance as a trading range developed. Let’s update our levels and plan the remainder of today’s session: In-depth analysis is always provided to members of the Premium Daily Reports – I hope you’ll join and benefit. Positive divergences developed into Friday’s close at the lows…

Sept 18 Breakdown Market Update and Interesting Stock Scan

After yesterday’s Fed Day update, stock prices surged into the 2,020 S&P 500 target and then collapsed powerfully down away from this level. We’re down 60 points in the S&P 500 from this mid-day spike reversal high and falling lower. Let’s update our levels and plan the remainder of today’s session: In-depth analysis is always…

Ouch! XLF Financials Break Support to Trigger Breakdown

Stocks in the Financial Sector are triggering potential bearish sell signals today on a breakdown under a key support trendline. Let’s highlight this trendline breakout, note the bigger picture, and plan accordingly. All was well through most of 2015 with the XLF Financial Sector SPDR (ETF) as seen with higher bullish volume in June and…

Triangle Trendline Breakout for Gold and Crude Oil

We’ve been monitoring short-term triangles in all markets, and we’re seeing both Gold and Crude Oil break through falling trendlines, triggering a buy signal today. Let’s zoom-in on these breakouts and plot the future from here: First, be sure to reference last Friday’s post “A Breakout is Near for Crude Oil” (today’s the breakout). The…

September 15 Triangle Breakout Market Update and Stock Scan

Finally!  The market is breaking free – to the upside – from the Triangle Pattern. Let’s chart the levels and possible outcomes here: In-depth analysis is always provided to members of the Premium Daily Reports – I hope you’ll join and benefit. First, be sure to read last Friday’s post “The End is Near for…