Daily Commentary

SanDisk (stock symbol SNDK) shares just triggered four bullish indicators for the stock and I wanted to highlight these for you. With respect to the recent bullish signals, let’s start with the Weekly Chart: Two BULLISH Chart Factors Emerge from the Weekly Chart as labeled: A Lengthy Positive Momentum Divergence The Break and Cross (close)…

The sell swing away from the 2,020 level continued, though we’re seeing a clear mid-day reversal. Let’s update our levels for the S&P 500 Index: In-depth analysis is always provided to members of the Premium Daily Reports – I hope you’ll join and benefit. As widely expected, stocks traded down away from the 2,020 level…

The US Stock Market (S&P 500) is facing a major challenge at resistance, and what happens here likely sets in motion the next swing and opportunities for the market. Let’s highlight this level, note why it’s important, and update our targets from here. Here’s the simple Weekly Chart of the S&P 500 Index: We’ll keep…

Price impulsed toward the 2,020 (that’s hindsight!) resistance target and retraced lower today. Let’s update our levels for the S&P 500 Index: In-depth analysis is always provided to members of the Premium Daily Reports – I hope you’ll join and benefit. Stocks developed a Range Day (low volatility session) into the prior highs shy of…

Price impulsed toward the 2,020 (that’s hindsight!) resistance target and retraced lower today. Let’s update our levels for the S&P 500 Index: In-depth analysis is always provided to members of the Premium Daily Reports – I hope you’ll join and benefit. Here’s a quote from last night’s member strategy planning report: “Be cautious into the…

Many stocks are catching reversals off lows, and Caterpillar (CAT) may be no exception, but let’s focus our attention right now on the “Caterpillar Compression” Play that’s developing right now. Let’s chart this development and update our trading levels for Caterpillar (CAT): Caterpillar (CAT) has been a downtrending stock in the Dow Jones which was…

Twitter shares (TWTR) have taken a 50% tumble in 2015 but are we currently seeing the bullish reversal low? As usual, let’s chart this development and update our trading levels for Twitter (TWTR): After a strong bullish gap and surge took place at the beginning of 2015, Twitter shares stagnated above the $50.00 per share…

A Bull Trap triggered as price broke out, stalled into the 2,000 target, and reversed this morning. However, we’re starting to see additional strength mid-day. What’s going on and what are we watching? Let’s update our levels for the S&P 500 Index: In-depth analysis is always provided to members of the Premium Daily Reports –…

A Bull Trap triggered as price broke out, stalled into the 2,000 target, and reversed this morning. However, we’re starting to see additional strength mid-day.  What’s going on and what are we watching? Let’s update our levels for the S&P 500 Index: In-depth analysis is always provided to members of the Premium Daily Reports –…

Shares of Intel (INTC) broke above the falling 200 day average to generate a new buying opportunity! But what else is the chart showing, especially the last time this same opportunity occurred… and failed. We’ll start with the Daily Chart for additional information and level planning: First and foremost, let’s focus our attention on the…