Daily Commentary

Which two stocks have the greatest number of consecutive up-closes at the moment? And more importantly, what are the trading opportunities for these two candidates? Let’s see them! With 10 Consecutive Upside Closes, our two “surprisingly strong” stocks include the following: Dollar Tree (DLTR) snapped a Downtrend with a powerful positive divergence reversal off the…

Can you believe today begins the final month of 2015? As the week progresses, we’ll be focusing on a critical “Bull Above/Bear Beneath” Pivot Level for the S&P 500. Let’s see it and plan accordingly: If you just want a key reference point, use 2,100 which is a “Round Number” Pivot Level. However, if you…

Welcome back from the Thanksgiving holiday! Stock prices sagged in a post-holiday decline, falling down away from the 2,100 level. Let’s update our levels for the S&P 500 Index and note the big trending stocks today: In-depth analysis is always provided to members of the Premium Daily Reports – I hope you’ll join and benefit….

As we slide happily into the Thanksgiving Holiday (and “Black Friday”), the stock market is pausing at the highs. Let’s update our levels for the S&P 500 Index and note the big trending stocks today: In-depth analysis is always provided to members of the Premium Daily Reports – I hope you’ll join and benefit. We…

If you had to make a guess about which of the Dow Jones Industrial Average’s 30 stocks is the strongest right now (based on a strong recent breakout), what would your guess be? Maybe Apple (AAPL)? Microsoft (MSFT)? No – the strongest stock right now may surprise you – it certainly surprised me. Let’s chart…

Is Chipotle Mexican Grill (CMG) forming a big bounce off weekly support? Let’s update our CMG Weekly Chart to highlight a key Fibonacci and Price pivot to plan our trading strategy. First, be sure to view the prior update “Is Chipotle too Volatile to Trade?”  Answer:  Probably. We’ll start with the Weekly Chart Fibonacci Grid:…

Alphabet (Google – GOOGL) continued its buy signal and uptrend with a clean breakout to new highs today, creating a bullish Trend Day. I highlighted a Buy Signal for GOOGL which successfully achieved its breakout target today. Let’s update our charts and note the new trade planning levels: Again, start with last week’s post “A…

What three stocks in the S&P 500 are showing the strongest, most persistent “Uptrend Channel” right now that you can trade? Let’s take a quick look at these names and what strategies may await you: We’ll start with Expedia.com (EXPE) which developed a strong and stable uptrend through 2015. The three price points to monitor…

Normalcy and the ongoing uptrend returned to the stock market today with a break to new swing highs. After the Fed Minutes were released, stocks broke through the 2,065 resistance level as noted. Let’s update our levels for the S&P 500 Index and note the big trending stocks today: In-depth analysis is always provided to…