Market Forecast Videos

Which way is the market headed? Look no further than the market forecasts of our professional traders and experts. Not only will you find industry leading market forecasts but when we spot newsworthy videos we will be sure to post them here so you get to see what's moving the markets first.

 
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Feb 21 2017 - Semi's Overbought & WMT Soars Feb 21 2017 - Semi's Overbought & WMT Soars The major indexes continue to their surge higher. VIX remains bearish.

We will keep an eye on XRT, as the ETF is testing resistance at its 50-day SMA. XLP and XLU have performed very well since we highlighted their breakout over the 200-day SMA.

DIS continues to look tired right now. AMZN broke out to new all time highs. WMT gapped higher on earnings and has two important resistance areas to watch. We highlight both of them in the video (with technical upside targets as high as $90/share).

Have a great day!
Feb 20 2017 - Bulls In Charge Feb 20 2017 - Bulls In Charge All of the major index ETFs (SPY, DIA, QQQ, IWM & MDY) are above their short-term moving averages, which keeps the bulls in charge. VIX remains below 12.

Gold and Silver remain technically bullish. Disney and Domino's remain above their 20-day EMAs.

Have a great holiday shortened trading week ahead!
Feb 16 2017 - JNJ & XLU Breaking Out Feb 16 2017 - JNJ & XLU Breaking Out The major index ETFs took a breather today with no major changes. VIX reversed off its highs to finish down 1.75%.

JNJ & XLU are starting to break out, while NVDA is testing key support at its 50-day SMA.

Have a fantastic Friday ahead!
Feb 15 2017 - Double Warning Signs in SPY & VIX Feb 15 2017 - Double Warning Signs in SPY & VIX SPY and DIA are both getting quite vertically extended on the daily charts. Both are now outside their upper Bollinger Band. And, $VIX actually rose 11.45% when the broad markets were higher. Both of these instances are definite short-term 'warning signs' for the bulls. We discuss this further in tonight's video.

IBB and MYL both are roaring higher, while AAPL, FB, GOOGL and NFLX lagged a bit today.

Have a great day!
Feb 14 2017 - AAPL Surges on Buffett News Feb 14 2017 - AAPL Surges on Buffett News AAPL surged higher today on news Buffett increased his stake in the company during the 4th quarter. DIS held its 20-day EMA. MYL soared higher and is now testing the 200-day SMA. NFLX is testing the 20-day EMA.

SPY and DIA continued their vertical surge and remain overbought on the daily chart.

Happy Valentine's Day!
Feb 13 2017 - NVDA Waives Yellow Flag... Feb 13 2017 - NVDA Waives Yellow Flag... SPY and DIA are starting to get a little 'too vertical' in the short-term, with both continuing to trade outside their upper Bollinger Bands.

NVDA has now seen back to back days of heavy volume and closing near the lows of the day. In fact, today the stock closed below its 20-day EMA. There is a change in trader sentiment right now with NVDA. Keep an eye on the 50-day SMA for support.

We also discuss ADBE, AMAT, DPZ, TWTR, DECK, MYL, IYR and T in tonight's video.

Have a great day!
Feb 12 2016 - SPY Bullish & Copper Breaks Out Feb 12 2016 - SPY Bullish & Copper Breaks Out SPY, DIA, QQQ and MDY all remain technically bullish for the week ahead. IWM did gap higher on Friday but did not set new highs. $VIX remains sub-11, at 10.85, indicating traders are not overly concerned with downside protection right now.

Copper (JJC) broke out on strong volume Friday. The upside technical targets are outlined in the video. And, we're going to keep an eye on IYR (Real Estate ETF) and MYL (Mylan) as they are approaching technical break out areas as well.

Have a great week!
Feb 9 2017 - SPY Joins Party & NKE Target 10% Higher Feb 9 2017 - SPY Joins Party & NKE Target 10% Higher SPY, DIA and MDY have joined the all-time highs party today. IWM remains the laggard.

NKE ripped through the 200-day SMA today and its next upside technical target is 10% higher. We also highlight KSS, M, TGT, WMT and XRT.

Have a great day!
Feb 8 2017 - QQQ at New Highs Again & DIS Looks Tired Feb 8 2017 - QQQ at New Highs Again & DIS Looks Tired The QQQ's hit new all time highs again today, while the other major index ETFs (SPY, DIA, IWM & MDY) all continue to be range bound.

DIS reversed hard off its first 15 minutes of trading today and is looking 'tired' right now. FB closed above its recent earnings high, triggering a technical buy signal. AAPL and DPZ continue to soar.

Have a great day!
Feb 7 2017 - Apple (AAPL) Surging higher... Feb 7 2017 - Apple (AAPL) Surging higher... Apple (AAPL) closed above its earnings gap high and is now off to the races. Domino's Pizza (DPZ) also exploded higher today. Netflix (NFLX) broke out to new highs. Facebook (FB) remains 'earnings range bound'. Disney (DIS) is testing its 20-day EMA.

Gold remains short-term bullish and there was no change in the major indexes.

Have a great day!
Feb 6 2017 - BA Buy Signal & Miners Break Out Feb 6 2017 - BA Buy Signal & Miners Break Out BA bounced off its 20-day EMA and is now back above its 5-day EMA, triggering a technical 'buy signal'. The 20-day EMA has been a great 'bounce point' since September.

The Miners (GDX, GDXJ & SIL) had big days on above average volume. GDX rose 3.67%, GDXJ rocketed higher by 7.72% and SIL jumped 3.75%. All three busted through their respective 200-day SMAs.

There was no major change in SPY, QQQ, DIA, IWM or MDY today.

Have a great week!
Feb 5 2017 - Stock Bulls Still in Control as February Begins Feb 5 2017 - Stock Bulls Still in Control as February Begins The bulls continue to be in control of the equity markets. $VIX and $RVX show literally no signs of 'fear' in the marketplace. The Transports ETF (IYT) triggered a technical buy signal on Friday.

We also cover AAPL, NFLX, GOOGL, AMZN, FB and DIS in today's video.

Have a great week ahead!
Feb 2 2017 - AMZN Down After Hours & DECK Gets Decked... Feb 2 2017 - AMZN Down After Hours & DECK Gets Decked... Amazon (AMZN) is trading about $30 lower this evening after its latest earnings report. Deckers (DECK) is getting 'decked' by over 25% right now and is testing a multi-year support level. GoPro (GPRO) is lower by about 10% and Visa (V) rising by about $3 after its earnings report.

Facebook (FB) reversed hard today so it bears watching in the coming days. Apple (AAPL) had an inside day.

There was no major change in the major index ETFs today. Gold and Silver's upside targets remain the 200-day SMA.

Have a fantastic Friday!
Feb 1 2017 - Facebook Up After Hours & XOM Coming Into Support Feb 1 2017 - Facebook Up After Hours & XOM Coming Into Support The major index ETFs continue to trade in their respective ranges. The Transports (IYT) are showing signs of a potential 'double top' pattern so it bears watching.

FB is trading higher in after hours, but only by $1 per share so it will be interesting to see if it acts like Apple did today.

COH is getting closer to breaking out of a multi-month range and triggering a technical buy signal (details inside).

Have a great day!

Jan 31 2017 - Apple's Record Earnings & Biotech Buy Signal Jan 31 2017 - Apple's Record Earnings & Biotech Buy Signal SPY, DIA, QQQ saw some selling pressure again today but the bears were unwilling to close the markets at the lows. IWM and MDY are showing 'bullish engulfing' candle patterns. The $VIX remains low and is not showing any signs of 'panic'.

XRT (Retail ETF) and IBB (Biotech ETF) both produced bullish engulfing patterns, with IBB's looking the strongest. UA got annihilated today, losing 23.4% on epic volume, once again showing the value of protective put options ahead of an earnings report.

Have a great day!

Jan 30 2017 - AAPL, FB and AMZN Earnings This Week... Jan 30 2017 - AAPL, FB and AMZN Earnings This Week... The major Index ETFs (SPY, DIA, QQQ, IWM & MDY) all rallied off their lows and by the end of the day there was no major technical damage done. VIX did spike intraday but it also finished well off its highs. All in all, it seems the bears were the ones more concerned about taking a short position home for the night.

OIH broke below the December swing low and its 50-day SMA, giving the bears a solid technical edge. Its next major support level is over 10% lower, down near $30.

AAPL, FB and AMZN all have earnings this week.

Have a great day!
Jan 29 2017 - QQQ & SMH Continue To Lead The Charge Jan 29 2017 - QQQ & SMH Continue To Lead The Charge QQQ and SMH continue to be the strongest of the ETFs. Across the major index ETFs, the small down days are occurring on light volume, which gives the bulls a solid edge right now. VIX continues to remain at historic lows, indicating traders are not even interested in much downside protection right now via long puts on the S&P.

XRT remains challenged by its 20-day EMA to the upside. SLV held its 20-day EMA on Friday. TLT rolled over once again.

Have a great week!
Jan 26 2017 - GOOGL & SBUX Trading Lower After Tonight's Earnings Reports Jan 26 2017 - GOOGL & SBUX Trading Lower After Tonight's Earnings Reports There was no real change in the major index ETFs (SPY, DIA, QQQ, IWM, MDY). VIX is down to 10.63, which is the 3rd lowest reading in the last 10 years (2014, followed by 2007).

QCOM broke below its gap down price from Monday, which now opens the door to another 7-10% drop until it finds potential support. BMY also had a bad day losing its recent support on 4x its normal volume. BMY's support is another 10%+ away.

GOOGL is down about $20 in after hours trading and SBUX is down about $2.50 or roughly 5%.

Have a fantastic weekend ahead!
Jan 25 2017 - SPY, DIA, MDY Join QQQ's at All-Time Highs... Jan 25 2017 - SPY, DIA, MDY Join QQQ's at All-Time Highs... Dow 20,000 is finally here. The DIA, SPY and MDY joined the QQQ's at all-time highs today. Volume was solid across the board, further adding to the bullish technical breakout. Only IWM is left lagging.

We also discuss DIS, QCOM, BMY and NFLX.

Have a fantastic day!
Jan 24 2017 - Nasdaq & Semi's at All-Time Highs Jan 24 2017 - Nasdaq & Semi's at All-Time Highs The QQQ's and the Semiconductor ETF (SMH) hit all-time highs today. IWM surged 1.52% but still remains in a slight down trending channel. DIA did move higher on above average volume but it too hasn't set a new near-term high just yet. MDY on the other hand, jumped on huge volume to near all-time highs. SPY is only $0.16 away from new highs. The VIX got pounded lower again and now sits at just 11.07... only seven cents away from heading into the 10's

Two stocks we mentioned previously had been holding their 50-day SMA as support. Yesterday, LOW started its rise and today LEN catapulted 6.06%. DIS also bounced nicely and remains above its 20-day EMA. JNJ and VZ both had a tough day and we highlight potential support areas in the video.

Have a great day!
Jan 23 2017 - S&P Rallies Off Lows & XLE Breaks Down Jan 23 2017 - S&P Rallies Off Lows & XLE Breaks Down The S&P 500 ETF (SPY) rallied off its lows to remain above its 20-day EMA and within its recent trading range. QQQ's closed back above its 5-day EMA by day's end, while IWM continues to cling to its 50-day SMA for now.

XLE closed below its 50-day SMA, producing a technical sell signal. XRT and IBB both continue to push lower towards the support levels we previously identified. AMZN and FB bounced nicely today.

Have a great rest of the week!

Jan 22 2017 - QQQ's Remain Strong & VIX Back Under 12 Jan 22 2017 - QQQ's Remain Strong & VIX Back Under 12 The QQQ's continue to be the strongest of the four major index ETFs. SPY, DIA and MDY all remain range bound still, while IWM is testing its 50-day SMA for support.

$VIX tanked on Friday, losing 9.70% and is once again back below 12. This 'fear indicator' is showing traders are not looking for any major downside protection on the S&P right now.

Gold, Silver and the Miners are all technically bullish and trading above their respective 5 & 20-day EMAs.

Have a great week ahead!
Jan 19 2017 - Dow Slowly Breaking Support Jan 19 2017 - Dow Slowly Breaking Support Dow ETF (DIA) is slowing showing signs of weakness as it has now just slightly closed below its recent trading range. The 50-day SMA would be the next major target, down near the $194.50 - $195.00 area.

SPY and MDY continue to be range bound. QQQ remains the strongest while IWM bounced off its 50-day SMA.

Coffee (JO) triggered a buy signal today. IBM is down about $4 in after hours trading and CSX roared higher (23%+) today on news of potential 'activist investors'.

Have a great day!
Jan 18 2017 - NFLX Surging After Earnings Report Jan 18 2017 - NFLX Surging After Earnings Report There was no major change in SPY, DIA, IWM or QQQ today, as they all remain range bound for the most part. SMH did rise 1.77% and closed the day near new all-time highs.

NFLX is trading higher by about $10-$11 in after hours trading. DIS continues its rise and we talk about how the 20-day EMA could be considered for a trailing stop. KSS & M both printed 'hammers' today.

Have a great day!
Jan 17 2017 - Russell 2000 Breaks Support & Banks Sell Off Jan 17 2017 - Russell 2000 Breaks Support & Banks Sell Off The Russell 2000 ETF (IWM) is the first of the major index ETFs to break down out of their month long trading range. The next support level would be the 50-day SMA. SPY, DIA and MDY all remain inside their respective ranges, with QQQ still holding above its own 5-day EMA.

The bank stocks (GS, JPM, BAC and C) were hit with some profit taking. The downside targets are provided in the video.

Have a great day!
Jan 16 2017 - Earnings Season is in Full Swing This Week Jan 16 2017 - Earnings Season is in Full Swing This Week Earnings season really gets into high gear this week so it is definitely a great time to review protective strategies before the company's announcement.

$VIX is back down to 11.23, indicating literally zero fear as we head into the meat of earnings season.

Friday's price action left the major indexes mainly unchanged and still range bound, except for the QQQ's which continue to power higher.

Gold (GLD) remains above its 50-day SMA but SLV can't get above its own.

Have a great day!


Jan 12 2017 - S&P Rallies Off Lows Jan 12 2017 - S&P Rallies Off Lows S&P 500 ETF (SPY) rallied off its lows to remain above its 20-day EMA. DIA, IWM and MDY all remain range bound with QQQ continuing to outperform to the upside.

$VIX did spike more than 10% today, but ended up with a small gain of only 2.49%.

GLD did close above its 50-day SMA and AMZN continues to be strong since it closed above its 50-day SMA back on Jan 5.

We provide additional commentary to last night's WFC protective put example ahead of its earnings report on Friday morning.

Have a great day!
Jan 11 2017 - QQQ's 7 Days in a Row & Protective Puts for Earnings Jan 11 2017 - QQQ's 7 Days in a Row & Protective Puts for Earnings QQQ's made it 7 up days in a row and they have yet to post a losing day here in 2017.

IYT (Transports ETF) triggered a buy signal today as it closed back above its short-term moving averages on well above average volume.

We also discuss the value of a 'protective put' option for hedging capital against upcoming earnings reports, as the Banks begin reporting on Friday.

Have a great day!
Jan 10 2017 - USO Rolling Over & NKE Holding Breakout Jan 10 2017 - USO Rolling Over & NKE Holding Breakout There was no major change again the major indexes, except the QQQ's continue to push higher.

PEP's sold off today, but support is approaching near $99. GOLD continues to 'stair step' higher along its 5-day EMA.

Have a great day!
Jan 9 2017 - QQQ's Marching Higher & XLE Breaking Down Jan 9 2017 - QQQ's Marching Higher & XLE Breaking Down There was no real change in the major stock index ETFs, except the QQQ's pushed to new highs today. The $VIX remains bearish, which is bullish for equities.

XLE closed beneath its 20-day EMA today, ending the short-term bullish momentum.

AAPL, AMZN and FB all continue to look strong technically.

Have a great day!

Jan 8 2017 - S&P All Time Highs & AMZN, FB on the run Jan 8 2017 - S&P All Time Highs & AMZN, FB on the run S&P 500 closed at all-time highs on Friday. The Dow is not far behind as we still await Dow 20k.

Amazon (AMZN) and Facebook (FB) both broke out above their 50-day SMAs last week and are on technical buy signals (targets given in the video).

Have a fantastic week ahead!
Jan 5 2017 - AMZN Breaks Out While KSS & M Get Crushed Jan 5 2017 - AMZN Breaks Out While KSS & M Get Crushed There was no major change in SPY or DIA. IWM did drop over 1% but remains in its recent trading range. Similar story for QQQ, while it did rise today, it too remains caught in a trading range.

Kohl's (KSS) and Macy's (M) both got walloped today. Kohl's plummeted 18.85% and Macy's crashed 13.53%.

Amazon (AMZN) broke out of its pennant today, triggering a buy signal and Netflix (NFLX) hit new highs.

Have a great day!
Jan 4 2017 - S&P 500 Cycle Low & Buy Signals Galore Jan 4 2017 - S&P 500 Cycle Low & Buy Signals Galore The S&P 500, Dow, Russell 2000 and Midcaps didn't take long to put in a cycle low it seems. The Slow Stochastics can be a great indicator to help see how the 'cycle is progressing' and the indicator just went on a technical buy signal on all four of them.

Speaking of 'buy signals'... KSS, NKE, LEN and OIH also went on technical buy signals and are detailed further in tonight's video.

Have a great day!
Jan 3 2017 - GOLD Breaking Out & USO Prints Big Reversal Candle Jan 3 2017 - GOLD Breaking Out & USO Prints Big Reversal Candle The major index ETFs did stage a rally today but could not hold onto their highs by day's end. Caution remains warranted, though the VIX did crash lower by 8%+.

TLT's next upside technical target is the 50-day SMA.

GOLD is breaking out ahead of its brethren, with a technical upside target of $10 or more higher.

Have a great day!
Jan 2 2017 - S&P Pulling Back & Transports Give Sell Signal Jan 2 2017 - S&P Pulling Back & Transports Give Sell Signal Overall, the markets are pulling back slowly. However, the Transports (IYT) produced a sell signal with the 5-day EMA crossing down through the 20-day EMA. The $VIX is also starting to show some life. As a result, some caution is definitely warranted for the stock bulls. This could be a perfect time for a pull back.

We do provide downside targets for the major ETFs, including AAPL, AMZN, FB, GOOGL and NFLX.

Cheers to a fantastic 2017!
Dec 29 2016 - S&P 500 Looking A Little Heavy & Miners Surge Dec 29 2016 - S&P 500 Looking A Little Heavy & Miners Surge The markets are starting to look a little 'heavy' but they are still holding up well overall for now. The VIX is starting to rise but it is not 'jumping' just yet either.

Gold and the Miners are starting to rally right on schedule as they enter their positive seasonal time frame.

Cheers to a prosperous 2017! Happy New Year!
Dec 28 2016 - Markets Finally Pullback & Levels to Watch Dec 28 2016 - Markets Finally Pullback & Levels to Watch SPY is resting right on top of its 20-day EMA. A close below it, and it could fall into the $220 area. DIA is still a good distance away from its 20-day EMA. $VIX closed higher by 8.01% and its next upside target is the 14 area.

Have a great holiday week!
Dec 27 2016 - Amazon (AMZN) Getting Close To Breaking Out Dec 27 2016 - Amazon (AMZN) Getting Close To Breaking Out SPY, IWM, QQQ and DIA all continue to trade in relatively tighter ranges during the holiday week, with no major changes today.

AMZN is flirting with the 50-day SMA. A close above this key moving average would turn the charts technically bullish.

Have a great day!
Dec 26 2016 - Stock Market Consolidating Over Holidays Dec 26 2016 - Stock Market Consolidating Over Holidays The major markets have entered into a consolidation period as the holidays are upon us. Despite the major move higher post election, the bulls are not giving up their gains just yet in favor of any serious profit taking. The $VIX remains in the 11 area.

Gold and Silver begin to enter a seasonally positive time of year starting next week, so we'll keep an eye on them in the coming days.

We wish you and your family a wonderful holiday season!
Dec 22 2016 - Retailers Get Bucket of Coal Ahead of Holiday Dec 22 2016 - Retailers Get Bucket of Coal Ahead of Holiday SPY is below its 5-day EMA, while DIA is above its 5-day EMA. Overall, not much changed today except for IWM hitting the 20-day EMA. A close below the 20-day EMA on the Russell 2000 ETF would likely open the door to more selling pressure. The VIX continues to act a little 'too calm' with a reading still in the 11's.

The Retailers got a huge bucket of coal for their holiday gift today. XRT, JWN, M, KSS, TGT, WMT, ANF, AEO and more got hit hard with some losing over 6% (all covered in the video). While AMZN barely budged, showing they are doing just fine (for now).

We also cover BMY, GILD and two currencies coming into support (FXA and FXC).

Have a fantastic holiday weekend everyone!
Dec 21 2016 - QQQ Bull Flag Forming Dec 21 2016 - QQQ Bull Flag Forming SPY printed a minor 'lower swing high' and closed just $0.11 below its 5-day EMA. DIA, IWM and QQQ remain above their respective 5-day EMAs. $VIX continues to move lower, which indicates the bulls are quite comfortable.

We also cover UNG, TLT, IYT, SMH, LOW and NKE in tonight's video.

Have a great holiday week!
Dec 20 2016 - S&P 500 Cycle Low Already... Dec 20 2016 - S&P 500 Cycle Low Already... The Dow Jones Industrial Average got within 13 points of 20,000 intraday today. It just a matter of time until the symbolic number is hit. SPY, IWM,and MDY all bounced nicely.

NKE is surging in after hours trading. We've had this stock on our watch list and now that earnings is over, it appears the stock may be ready to run. We also cover IYT, XRT, LOW and HD in this video.

Have a great Holiday Week!

Dec 19 2016 - $VIX Back Below 12 & Seeing a Trend Change Dec 19 2016 - $VIX Back Below 12 & Seeing a Trend Change Only the SPY remains below its 5-day EMA after Monday's trading. $VIX is back below 12 and it typically doesn't like to stay there too long.

In tonight's video, we use FXA as an example of how to see a change in traders' sentiment can appear on a stock chart (i.e. going from buying the dips to selling the bounces).

Happy Holidays!
 Dec 18 2016 - Dow 20,000 This Week? Dec 18 2016 - Dow 20,000 This Week? The Dow is only 56.59 points away from hitting 20,000. The last two weeks of the year favor the bulls historically so there is a pretty good 'bet' it should happen sooner than later.

The SPY, QQQ, IWM and MDY are all below their respective 5-day EMAs, as traders are looking to lock in some profits ahead of year-end. The $VIX rolled over by 4.61% on Friday, indicating traders do not feel the need for any additional downside protection right now (i.e. they feel pretty comfortable with where the market sits currently).

Gold, Silver, Miners and Bonds remain bearish.

Happy Holidays!
Dec 15 2016 - Three Days in a Row & Miners Crushed Dec 15 2016 - Three Days in a Row & Miners Crushed SPY, DIA and QQQ remain above their short-term 5-day moving average, but they've all seen some selling come in at their intraday highs for three straight days. This is indicating some 'profit taking' is taking place given the stock market's parabolic rise post Election.

Silver (SLV) sold off hard today and the Miners were hit even harder, with SIL losing over 6%.

Have a fantastic Friday ahead!
Dec 14 2016 - A Little Profit Taking & Gold Sells Off Dec 14 2016 - A Little Profit Taking & Gold Sells Off The IWM (Russell 2000 ETF) and MDY (S&P Midcap ETF) both finished below their respective 5-day EMAs today. The DIA (Dow ETF), SPY (S&P 500 ETF) and QQQ (Nasdaq 100 ETF) are still above their respective 5-day EMAs. Overall, the profit taking was very minimal with the Fed raising rates by just 0.25%.

$VIX only finished up 3% and the $RVX actually finished down on the day.

Gold, Silver and Miners sold off today. Our GLD technical target remains $100-ish.

In the currency arena, the UUP (US Dollar) had a big up day, while FXE, FXY, FXA and FXC all sold off.

Have a great day!
 Dec 13 2016 - The Dow is Almost There Dec 13 2016 - The Dow is Almost There The Dow Jones Industrial Average is within 88 points of hitting 20,000. It has been quite a run since the Election night sell off. With the Dow at 20,000 and the Fed announcement on Wednesday, it might prove to be the catalyst to invoke just a little profit taking. The 5-day EMA has been a great guide on the way up (for a trailing stop).

We also discuss RTN, BA, LMT, NOC, GD, AAPL, NKE, XOM & TSN.

Have a great day!
 Dec 12 2016 - Profit Taking Ahead of Fed Mtg & Switching Moving Averages Dec 12 2016 - Profit Taking Ahead of Fed Mtg & Switching Moving Averages DIA continued its strong run post election, but SPY, IWM, MDY and QQQ all experienced a little bout of profit taking. By day's end, all the major index ETFs held onto the topside of their respective 5-day EMAs keeping the bulls in charge.

In tonight's video, we use TLT as an example of 'when' to consider changing the timeline of the daily EMAs (from 5 to 12). We also cover XOM's breakout, FB, LMT, LOW, NKE & TSN.

Have a great week and Happy Holidays!
Dec 11 2016 - All Eyes On Wednesday's Fed Meeting Dec 11 2016 - All Eyes On Wednesday's Fed Meeting S&P 500 (SPY), Dow Jones Industrial Average (DIA) and Russell 2000 (IWM) all closed at all-time highs this past week. SPY and DIA are well outside their two-standard deviation Bollinger Bands, indicating an overbought condition... on the daily and weekly charts. With the FED's latest rate decision due on Wednesday at 2pm ET, this could be the catalyst to create a little profit taking after such an impressive post-election and holiday run.

Happy Holidays!
Dec 8 2016 - VIX Up Again & Euro Rolls Over Dec 8 2016 - VIX Up Again & Euro Rolls Over The equity markets continued their rise today and now SPY, IWM and DIA are in daily overbought territory. VIX rose for a second consecutive day despite equities moving higher.

LMT & RTN both appear to be getting hit by some profit taking since the election run up with targets back down to their respective 50-day SMAs and 'election gap' higher points.

We also cover the US Dollar, Euro, Yen and other currencies.

Have a great day!
Dec 7 2016 - Markets Soar & VIX Rises Dec 7 2016 - Markets Soar & VIX Rises SPY, IWM, MDY and DIA all finished at new all-time highs today. It seemed traders were falling over each other chasing prices higher by day's end. However, the VIX actually rose 3.65% despite the rally in equities.

We also discuss DIS, LEN, LOW, XOM and COST in tonight's video.

Have a great day!
Dec 6 2016 - New All-Time Highs & Using 'Swing Stops'... Dec 6 2016 - New All-Time Highs & Using 'Swing Stops'... SPY, DIA, IWM & MDY all went to new all-time highs. VIX is now into the 11 area.

In tonight's video, we discuss 'swing stops' and use NFLX, LEN & COH as examples.

GLD (Gold) & TLT (Bonds) continue to side with the bears. Gold doesn't enter a seasonally positive time period until the first of the year.

Have a great day!
Dec 5 2016 - SPY Bulls right back at it Dec 5 2016 - SPY Bulls right back at it SPY, IWM & MDY all regained their short-term 5-day EMAs, giving the bulls a technical advantage. DIA never lost its 5-day EMA and it continues to outperform to the upside. QQQ remains range bound. $VIX got shellacked to the tune of 14.02% and sits back in the 12's.

UUP (Dollar) is experiencing some profit taking and the FXE (Euro) is getting an oversold bounce. We'll use the Stochastics to help indicate when they may resume their overall trend again.

Have a great week!
Dec 4 2016 - Dow Remains Strong, Gold & Bonds Weak Dec 4 2016 - Dow Remains Strong, Gold & Bonds Weak DIA (Dow ETF) continues to trade above all of its moving averages. SPY and IWM are below their 5-day EMAs, with MDY on top of its own 5-day EMA. QQQ's continue to under-perform, but also remain locked into a 'box' or trading range.

Gold (GLD) and Bonds (TLT) remain weak and below their 5-day EMAs. We talked about the importance of the $115 support level on GLD. The ETF is now down $3/share and its next major weekly support level is all the way down near $101. For TLT, ironically the $115 area is also key weekly support. A close below $115 and TLT's next major support is near $102.

We wish everyone a wonderful and safe holiday season!
Dec 1 2016 - Spotting the S&P 500 Bottom... Dec 1 2016 - Spotting the S&P 500 Bottom... The SPY (S&P 500 ETF) closed solidly below its 5-day EMA today. In this video, we'll highlight a simple and easy to use indicator that can potentially help spot a bottom (or top) in any stock.

QQQ had a rough day finishing down 1.69% on heavy volume. DIA held up quite well and even finished in the green.

There was no change in Bonds, Metals or Miners.

Have a fantastic Friday!
Nov 20 2016 - Profit Taking & Big Oil Move Nov 20 2016 - Profit Taking & Big Oil Move SPY closed below its 5-day EMA on above average volume. IWM traded slightly lower too. QQQ printed a 'bearish engulfing pattern' but overall, the markets held up quite well. The VIX only rose 3.33%.

Oil had a big move today on OPEC news. We highlight USO, XOM, COP, CVX, HES, OIH and RIG.

Gold (GLD) continues to trade lower after it broke the key support level of $115 we highlighted a few days ago. The bears remain in charge with a target of $100 to $102-ish (still 12% lower).

Facebook (FB) and Amazon (AMZN) both rolled over today.

Have a great day!
Nov 29 2016 - Retail & Banks - Using 5 & 8-day EMAs as Trailing Stops Nov 29 2016 - Retail & Banks - Using 5 & 8-day EMAs as Trailing Stops There was no major change in the Stock Index ETFs, Metals or Miners.

In this video, we use XRT (Retail ETF), XLF (Financial ETF), C, WFC, and BAC as examples of using a 5-day and 8-day EMA as a trailing stop.

Have a great day!
Nov 28 2016 - Russell 2000 Cracks Below 5-day EMA Nov 28 2016 - Russell 2000 Cracks Below 5-day EMA Russell 2000 ETF (IWM) was the only major index ETF to close below its 5-day EMA, which signals the bulls have run out of steam in the short-term. SPY, DIA, QQQ and IWM all remain above their respective 5-day EMAs.

VIX did close above its 5-day EMA, which raises a small yellow flag for the stock bulls but nothing major just yet.

We are watching for a close above the 20-day EMA on FB for a buy signal. AMZN closed below its 5 & 20-day EMAs today giving the bears a short-term edge.

Have a great day!
Nov 27 2016 - Holiday Rally On Target Nov 27 2016 - Holiday Rally On Target SPY, DIA, IWM and MDY all remain bullish on the daily charts. From a weekly charting perspective, SPY is slightly overbought while DIA, IWM and MDY are very overbought. This is the time of the year when the equity markets typically outperform to the upside.

Gold, Silver and the Mining ETFs remain technically bearish on the daily charts, with GLD downside targets still about 10-12% lower.

We also discuss EWW (Mexico ETF), AAPL, AMZN, TIF, COH and BBY.

Have a great day!
Nov 23 2016 - GLD Opens The Door to $100 & Happy Thanksgiving! Nov 23 2016 - GLD Opens The Door to $100 & Happy Thanksgiving! We've been highlighting the key $115 support level for GLD (Gold ETF). Upon the 9:30am ET open, GLD gapped well below the key $115 support area. Even after today's nearly 2% loss, the ETF is not oversold.

SPY, DIA, IWM and MDY continue to trade higher. VIX did try to close above its 5-day EMA today, but failed to do so by day's end giving way to the equity bulls.

UNG is almost on a technical buy signal and GE just broke out of a bull flag pattern.

We wish you and your family a wonderful and safe Thanksgiving Holiday!
Nov 22 2016 - XLE & HD Breaking Out Nov 22 2016 - XLE & HD Breaking Out XLE (Energy ETF) has closed above a key resistance area for two consecutive days. The next major technical resistance area is up near $83, which is over 10% higher.

HD (Home Depot) finally closed above its 200-day SMA. Its next upside targets are $134 and the bigger prize is $138.

The major index ETFs continue to trade bullishly, with MDY and IWM outperforming.

Gold, Silver and the Miners remain bearish.

We wish you and your family a happy and safe Thanksgiving!
 Nov 21 2016 - SPY New All-Time Highs & Gold Target $150 Lower Nov 21 2016 - SPY New All-Time Highs & Gold Target $150 Lower SPY closed at new all-time highs today. DIA, IWM, MDY and QQQ all finished in the green. QQQ performed the best today, playing a little catch up.

Gold is precariously perched at a key support level. If it is broken, the next major support level is approximately $150 lower. For those traders following GLD, the key support is $115. A close below there could lead to a $15 drop before key support arrives.

Have a great Thanksgiving ahead!
Nov 20 2016 - Stock Bulls Remain in Control Nov 20 2016 - Stock Bulls Remain in Control SPY, DIA, IWM and MDY all remain above their respective daily short-term moving averages. On a weekly basis DIA, IWM and MDY are outside their upper Bollinger Bands, indicating an overbought condition. QQQ continues to lag.

GLD, SLV and the Miners remain bearish. GLD has now closed below the May lows, which opens the door to a new set of lower targets technically.

Have a great holiday shortened trading week ahead!
Nov 18 2016 - Midday Update - Gold & Bonds Still Bearish... Nov 18 2016 - Midday Update - Gold & Bonds Still Bearish... Gold (GLD), Silver (SLV), Miners (GDX, SIL) all remain bearish and cannot close above their respective 5-day EMAs on the daily chart.

Bonds (TLT) is in a similar boat to the metals and miners. It cannot close above its 5-day EMA.

SPY, IWM and MDY remain bullish, while DIA (intraday) is flirting with a close below its 5-day EMA.

Have a great weekend ahead!
Nov 16 2016 - CSCO Trading Lower & Euro approaching Par Nov 16 2016 - CSCO Trading Lower & Euro approaching Par The major index ETFs for the most part are now back inside their upper Bollinger Bands, relieving the daily overbought signal. But, they do remain over-extended in the near-term.

CSCO reported after the bell and is trading down to the key near-term support level of $30. If $30 falls, the 200-day SMA is a buck lower.

We also discuss AAPL, PCLN, COH, TIF, FB and the Euro.

Have a great day!
Nov 15 2016 - Energy Stocks on Watch List (USO, XLE, XOM) Nov 15 2016 - Energy Stocks on Watch List (USO, XLE, XOM) SPY is working its way back up to its all-time highs. DIA remains overbought by a tad right now. QQQ continues to have trouble closing above key moving averages even on 'green days'.

We're watching for XLE above $72, XOM above $89 and USO completed an 'island reversal pattern'.

COH and TIF pulled back a bit today.

Have a great day!
Nov 14 2016 - QQQ's stuck in the mud and COH on the move Nov 14 2016 - QQQ's stuck in the mud and COH on the move QQQ continue to lag behind SPY, DIA and IWM. DIA again hit new all time highs today.

AAPL, AMZN, FB, GLD and SLV were hit hard intraday.

COH breaks out of its recent trading range as the holiday season approaches.

Have a great day!
Nov 13 2016 - Dow Overbought & Gold Crushed Nov 13 2016 - Dow Overbought & Gold Crushed Dow ETF (DIA) had a fantastic week moving to new all-time highs. But by week's end, it is now overbought on the Daily and Weekly charts. SPY is bullish on the Daily and Weekly charts. QQQ is under-performing and remains in a trading range.

Gold, Silver and Miners got crushed this past week and are all oversold on the daily charts. Copper (JJC) printed a massive bearish engulfing pattern on Friday after rocketing higher last week.

Have a fantastic week ahead!
Nov 10 2016 - Problem in Techland (QQQ & SMH) Nov 10 2016 - Problem in Techland (QQQ & SMH) QQQ and SMH are not following the other major index ETFs higher. In fact, QQQ lost 1.6% and SMH fell 1.3% on very heavy volume.

DIA closed at new all-time highs, but is way outside its upper Bollinger Band, indicating an extreme overbought reading. SPY printed a 'high wave doji' at the Sep and Oct highs, as did MDY. IWM printed its own 'high wave doji' at the reversal highs from Sep.

There are numerous stocks right now that are well outside their respective upper Bollinger Bands. Historically, this often produces a pause in the move and even a potential pull back until the stock is back inside the Bollinger Band.

In tonight's video we cover the following stocks... AXP, TIF, BMY, AAPL, AMZN, CAT, IR, CMI, GS plus some ETFs IBB, OIH, XLU, XLE and XLF.

Have a great Friday and Happy Veteran's Day!

Nov 9 2016 - Massive Reversal & Where We Are Now... Nov 9 2016 - Massive Reversal & Where We Are Now... Despite today's massive rally off the overnight lows (Dow was down 800 points!) the major index ETFs still reside at resistance areas. DIA is acting the strongest, with it challenging the August highs. SPY could not close above the September and October highs (and would then still have the August highs to challenge). The VIX crashed to sub 15.

TLT got hammered. The US Dollar (UUP) rallied, while the Euro (FXE) sold off. Gold gave up all its early morning (gap higher) gains. XLF (Bank ETF) soared.

Both AXP and TIF (two stocks were following) did quite well today.

Have a great day!
Nov 8 2016 - US Steel & Bristol-Myers on the move Nov 8 2016 - US Steel & Bristol-Myers on the move As we await the results of the Election either late tonight or on Wednesday, US Steel and Bristol-Myers are on the move.

For the major index ETFS... SPY & QQQ were halted at their 50-day SMAs, IWM was stopped at its 20-day EMA, while DIA is beginning to break out.

We should soon see some bigger moves in the currency markets, gold/silver and equities once the election is FINALLY behind us.

Have a great day!
Nov 7 2016 - Election Mirror Image of Brexit? Nov 7 2016 - Election Mirror Image of Brexit? SPY roared higher today by 2.3% (+$4.79) and closed back above its 5 & 20-day EMAs. If you look back to 'Brexit', a similar large bullish move occurred before the 'Brexit Vote', only to lead to a two day sell off, followed by a ferocious rally to new all-time highs. Despite today's one-day bullish rampage, caution remains warranted ahead of Tuesday's 'fixed news event'.

IYT (Transports ETF) ripped higher by 3.69% on huge volume. We commented how well IYT was holding up and today it blew the doors off of its overhead resistance. Short-term it is overbought with it trading well outside its upper Bollinger Band.

Have a great Election Day!
Nov 6 2016 - SPY at Key Support Ahead of Election Nov 6 2016 - SPY at Key Support Ahead of Election SPY is near its 200-day SMA ahead of Tuesday's Election. A close below the 200-day SMA would be viewed as technically bearish. But, if a break below the 200-day SMA occurs on Monday or Tuesday, the Election results late Tuesday night could cause a potential whipsaw in equity prices. Therefore, Wednesday or Thursday's price action hopefully will provide some clarity.

The VIX remains elevated (22.51) as uncertainty around the election persists. The VIX could soar or crash as well once the election results are released. Typically though, the VIX does not remain in the 20+ range, therefore the VIX is likely to come back down to lower levels, which typically equates to stagnant or higher prices in the S&P 500.

Have a great week!
Nov 3 2016 - SPY Approaches 200-day & Biotechs Clobbered Nov 3 2016 - SPY Approaches 200-day & Biotechs Clobbered
SPY is almost upon its 200-day SMA with today's additional 0.4% drop. VIX blew past 20 and is now well outside its upper Bollinger Band.

DIA is hanging tough, barely giving up any ground now that it is below $180 and the transports ETF (IYT) is hanging out near its highs.

IBB (Biotech ETF) lost 3% today and is now coming into a major support area. PFE also got whacked today, losing over 2% and is within a $1 of its own major support level.

FB fell 5% and is within $2 of its 200-day SMA.

Have a fantastic Friday ahead!
Nov 2 2016 - DIA Loses $180 & TSLA 20% Lower? Nov 2 2016 - DIA Loses $180 & TSLA 20% Lower? Yesterday, SPY lost its key support level of $212. Today, DIA lost its own key support area of $180. All the major index ETFs have lost support are bearish technically speaking. Downside targets for now are their respective 200-day SMAs, but there is definite room for more selling before other major support arrives.

GLD and SLV did bounce, but the Mining ETFs (GDX, GDXJ, SIL) printed 'bearish engulfing patterns' right at their respective 50-day SMAs.

AMZN and GOOGL have joined the 'selling party' and TSLA just blew through a very key support area. The next major technical support area for the stock is 20% lower.

Have a great day!
Nov 1 2016 - SPY Breaks Key $212 Level & VIX Pops Above 20 Nov 1 2016 - SPY Breaks Key $212 Level & VIX Pops Above 20 We've been talking about how the indexes 'looked heavy' over the past couple of weeks and it wasn't a good sign when IWM and MDY both lost their key support levels a few days ago.

Today, SPY closed below the key $212 support area. DIA, did probe below the $180 area but held it upon day's end. VIX jumped above 20 intraday before closing back at 18.56, as traders look to more 'protection' via S&P put options ahead of the election (and Fed Day tomorrow).

The Miners had a nice move to the upside but failed to close above their respective 50-day SMAs.

Have a great day!
Oct 30 2016 - Small & Mid Caps Break Support & The Election... Oct 30 2016 - Small & Mid Caps Break Support & The Election... IWM (Small Cap ETF) & MDY (Mid Cap ETF) both broke support on the daily and weekly charts, which is a big yellow flag for the stock bulls.

SPY & DIA held onto their respective trading ranges, with SPY staying above $212 and DIA above $180.

The FED will announce its latest decision on Wednesday regarding interest rates and now we have the 'email scandal' back on the table as well. The markets do not like indecision so it will be interesting to see how stocks react on Monday. Support levels are provided in the video.

Have a great week ahead!
Oct 27 2016 - AMZN Sinks & AXP Hanging Tough Oct 27 2016 - AMZN Sinks & AXP Hanging Tough AMZN is trading lower in after hours trading tonight. The $750 area is a key technical support level to keep an eye on.

GOOGL is trading just slightly higher after its earnings report.

AXP continues to trade in a 'bull flag' pattern.

IWM (Small Cap ETF) and MDY (Mid Cap ETF) both broke key support again today and now their 200-day SMAs are the next major technical target. The fact both of these 'higher risk' type indexes are breaking support is not a good sign for the overall market. Caution remains warranted for the bulls right now.

Have a fantastic Friday!
Oct 26 2016 - Russell 2000 Violates Support Plus Tesla & Groupon Oct 26 2016 - Russell 2000 Violates Support Plus Tesla & Groupon The Russell 2000 ETF (IWM) lost the $120 support level today by $0.27. There remains a little support at $119 but then an 'air gap' down to the 200-day SMA near $113.82. SPY, DIA and MDY are holding onto their respective support levels for now.

We also comment on TSLA, GRPN, AAPL, CMG, EW and EBAY in tonight's video.

There was no major change in the metals or mining ETFs.

Have a great day!
Oct 25 2016 - AAPL's Earnings & EWwwww... Oct 25 2016 - AAPL's Earnings & EWwwww... AAPL reported after the bell and the stock is currently down around $2.50 as of this post (4:45pm ET).

EW (and for tonight its nickname will be EWwwww) is down nearly 20% ($20). This stock proves why 'protective put options' can be incredibly valuable at protecting capital ahead of an earnings report.

CMG is also trading lower and near its multi-month support range. The $388 is a major key support level to watch.

There was no major change in the indexes or metals.

Have a great day!
Oct 24 2016 - KLAC Follow Through & Trailing Stop... Oct 24 2016 - KLAC Follow Through & Trailing Stop... KLAC gapped higher on Friday and today there was some 'follow through'. In this video, we'll outline two examples of potential 'end-of-day' trailing stops.

SPY, DIA, IWM all printed 'dojis' today, while QQQ went to new near-term highs.

We also highlight BMY and PFE.

Have a great week!
S&P Holds On & Earnings Palooza... S&P Holds On & Earnings Palooza... SPY, DIA, IWM and MDY continue to hang onto support, with only the SPY closing above its own 5-day EMA on Friday.

QQQ's continue to perform the best as it is above all its key moving averages.

AT&T has announced they are buying Time Warner, so it may 'goose' the markets higher come Monday morning. But it will be very interesting to see if the gains can be held by day's end.

This week is loaded with major earnings reports, including Apple and Amazon so be prepared for individual stock volatility.

We also highlight AXP, CF, JWN, KSS, TIF, TSN and X.

Have a great week!
Oct 20 2016 - EBAY 7 to 12% Lower & AXP, X Look Interesting... Oct 20 2016 - EBAY 7 to 12% Lower & AXP, X Look Interesting... EBAY gapped down today and found support at the July bullish earnings gap area of $29. EBAY's downside targets are 7 to 12% lower technically.

WBC (Wabco) sold off hard today with downside technical targets of 5% initially, but potentially 15% lower.

AXP and X are very close to triggering technical buy signals.

There was no real change in the major index ETFs, Gold or Silver.

Have a great day!
Oct 19 2016 - OIH Pushes Higher & TSN Rolls Over Oct 19 2016 - OIH Pushes Higher & TSN Rolls Over OIH (Oil Services ETF) continued higher today (+2.68%) on strong volume. It is on the verge of breaking above the June highs.

TSN (Tyson) gave a sell signal back on Oct 5 and was just rejected at resistance earlier this week. Today, it dropped 1.52% on strong volume. The 200-day is the next technical target.

There was no material change in the major index ETFs.

Gold and Silver remain 'neutral' short-term, but the Miners did pop higher on nice volume and cleared the 20-day EMA. The next target is the 50-day SMA.

Have a great day!
Oct 18 2016 - INTC & CREE Getting beaten up after hours... Oct 18 2016 - INTC & CREE Getting beaten up after hours... INTC and CREE are both down big in after hours trading. INTC is down over 4% and CREE was down 8% as of this video posting. Intel will likely put some pressure on the Nasdaq come Wednesday morning.

With today's 19% move in NFLX, it is short-term overbought on the daily charts. We'll look to the 5-day EMA to play 'catch-up'.

SPY, DIA, QQQ and IWM all came off their respective highs again today, with IWM looking the weakest of the group.

The Miners acted well today but the 20-day EMA remains resistance in the near-term.

Have a great day!
Oct 17 2016 - S&P 500 Clings To Support & NFLX Surges Oct 17 2016 - S&P 500 Clings To Support & NFLX Surges SPY (S&P 500 ETF) is clinging to its near-term support at the $212 area. It is a similar story for the other major ETFs.

XRT (Retail ETF) broke support and the next major target is down near $40.

NFLX (Netflix) is surging in after market hours as it beat estimates.

Have a great day!
Oct 16 2016 - S&P 500 Looks Heavy & Earnings Floodgates Open Oct 16 2016 - S&P 500 Looks Heavy & Earnings Floodgates Open The S&P 500 ETF (SPY) tested key near-term support at $212 (on Thursday) and the subsequent bounce was minimal, leaving SPY in a 'weak' position heading into Monday.

The earnings season 'floodgates' open this week and could easily be a catalyst to break the major indexes out of the recent ranges (along with any Fed commentary).

IBB (Biotech ETF) lost its key near-term support on Friday.

Gold, Silver and the Miners all remain in 'bear flags'.

The Euro (FXE) lost key support as the U.S. Dollar (UUP) broke near-term resistance. The British Pound (FXB) is in a bear flag and the Yen (FXE) is also starting to look 'heavy'.

Have a great week ahead!
Oct 13 2016 - DIA Held $180 BUT... Oct 13 2016 - DIA Held $180 BUT... The DIA (Dow ETF) did hold $180 by day's end and SPY (S&P 500 ETF) also held onto $212 but support is definitely being tested right now.

Additionally, there has been higher volume on down days than up days over the past two weeks, which is a big yellow flag for the stock bulls.

Friday is 'bank day', with C, JPM, PNC, WFC all reporting and could easily cause a gap up or down in the overall market.

We are also watching the $VIX for a close above the 18-level, which would be bullish for it and bearish for equities.

Have a fantastic Friday!
Oct 12 2016 - QQQ's Hanging On... Oct 12 2016 - QQQ's Hanging On... QQQ's are hanging to its 50-day SMA. In the past, the QQQ's bounced after a bigger volume down day but not today. If the QQQ's close beneath Tuesday's low, it will likely lead to further selling pressure.

IBB (Biotech ETF) is at a key support level as well, with its next support level nearly $25 lower.

AA (Alcoa) is also testing a significant support level. If the May & June lows cannot hold near $27, the next significant support level is all the way down near $20 (25% lower).

Have a great day!
Oct 11 2016 - Alcoa Pushes S&P and Dow to Key Support Areas Oct 11 2016 - Alcoa Pushes S&P and Dow to Key Support Areas AA (Alcoa) dropped 11% on 5 times its normal volume today, which sent the major indexes into some profit taking. The SPY and DIA remain range bound despite today's sell off but are now at the bottom of their recent trading ranges. SPY $212 and DIA $180 continue to be key numbers to watch.

The U.S. Dollar roared higher, while the Euro and British Pound sold off.

AAPL finished the day in the green and remains technically bullish.

Have a great day!
Oct 10 2016 - AAPL Running Ahead of Earnings Oct 10 2016 - AAPL Running Ahead of Earnings AAPL has a habit of running ahead of its October earnings report to the tune of 4-5% on average. Today, it jumped 2% alone.

TWTR and BMY just can't catch a break.

We're watching the $75 area on TIF.

The major indexes, gold, silver and miners had no real changes today.

Have a great day!
Oct 9 2016 - Earnings Season Begins... Oct 9 2016 - Earnings Season Begins... Earnings Season will 'officially' kick off on Tuesday with Alcoa (AA). While the overall earnings reports will be light this week, Friday is 'bank day' as C, JPM, PNC and WFC all report. Given the S&P 500 has traded in a range for nearly a month, 'earnings season' could likely provide the catalyst for a break out.

Gold and Silver were sold off this past week and remain bearish on the daily and now weekly charts too.

The retailers we mentioned on Wednesday experienced some nice follow through ahead of the upcoming holiday season.

Have a great week ahead!
Oct 6 2016 - KSS & JWN Follow Through... Oct 6 2016 - KSS & JWN Follow Through... In last night's video we talked about the retailers starting to move. Today, KSS and JWN both broke out over previous highs.

Gold, Silver and the Miners continue to be bearish. With three straight days outside their respective lower Bollinger Bands, a bounce is likely near.

There was no change in the major index ETFs or $VIX.

Have a fantastic Friday!
Oct 5 2016 - Retailers On The Move (TIF, JWN, KSS, M) Oct 5 2016 - Retailers On The Move (TIF, JWN, KSS, M) As the 'holiday shopping season' approaches, some of the retailers are starting to break out of their respective ranges. In tonight's video we highlight TIF, JWN, KSS, M and talk about which stocks look 'better than others'.

No change in the major index ETFs, Gold, Silver or the miners.

FXY (Yen) still has more technical downside to go.

Have a great day!
Oct 4 2016 - Miners Hammered & More to Come... Oct 4 2016 - Miners Hammered & More to Come... GDX, GDXJ and SIL (Mining ETFs) were hammered today on mega-volume. The downside targets on average are about another 10% lower.

FXY (YEN) broke its rising trendline, which is giving the bears an edge.

FXB (British Pound) broke out of its multi-month trading range, giving the bears a technical edge here too.

Have a great day!
 Oct 3 2016 - TASR-ed... Support Still 10% lower Oct 3 2016 - TASR-ed... Support Still 10% lower Taser (TASR) sold off hard today, down 14.79% on seven times its normal volume. Support areas reside down near the $22 area, followed by the $18 area.

There was no change in SPY, DIA, GLD, SLV or the Miners.

Have a great day!
Oct 2 2016 - S&P 500 and Shocktober... Oct 2 2016 - S&P 500 and Shocktober... The S&P 500 ETF (SPY) and the Dow Jones ETF (DIA) could not close above their respective 50-day SMAs, which remains a 'yellow flag' for the stock bulls heading into this week.

From a seasonality perspective, the positive bias (i.e. bullish) does not kick in until the end of the month... so there is still some 'time' for a 'Shocktober' result.

Apple (AAPL) continues to trace out a 'bull flag' pattern.

The Metals and Miners remain range bound.

Euro (FXE) and U.S. Dollar (UUP) are coiling inside 'pennant formations'.

Have a great first week of October!
Sep 29 2016 - Watch XLE Above $72 Sep 29 2016 - Watch XLE Above $72 SPY & DIA continue to be range bound. DIA's key support area remains at $180.

XRT broke down below its 200-day SMA, which is bearish.

IBB had a big down day and its next technical support area resides down at the 200-day SMA.

Have a fantastic Friday ahead!
Sep 28 2016 - Oil Stocks Surge - Targets Given Sep 28 2016 - Oil Stocks Surge - Targets Given Oil and Gas stocks ripped higher on tremendous volume with the latest OPEC news. We discuss XOM, CVX, HES, COP and more.

There is no change in the major index ETFs or Gold/Silver commentary.

Have a great day!
Sep 27 2016 - Unbreakable QQQ's Sep 27 2016 - Unbreakable QQQ's QQQ and SMH both bounced solidly off their 20-day EMAs today. The bulls continue to hold on strongly to these two ETFs.

AAPL remains in a bull flag.

WFC is testing some key long-term support areas going back over a year.

No change in the metals and miners.

Have a great day!
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