S&P 500 - Potential Intermediate Term Support Level

S&P 500 – Potential Intermediate Term Support Level

The S&P 500 index is on track to open below the support line of the declining channel it has been trading in since the beginning of November. The pattern projects a target price down to the August and September lows…

Herbalife Poised for a Powerful Breakout

Herbalife Poised for a Powerful Breakout

Here is a link to my analysis of Herbalife (HLF) published on TheStreet.com this morning.

S&P Successfully Tests Channel Support

S&P Successfully Tests Channel Support

On Friday I noted that, “I have been highlighting for some time the stochastic oscillator on the daily timeframe and its accuracy in identifying short term shifts in price momentum. Crossovers in overbought or oversold zones and then moves out…

These 3 Top Stocks From 2015 Look Tired in 2016

These 3 Top Stocks From 2015 Look Tired in 2016

Here is a link to my article on Netflix, Amazon, and Activision Blizzard published on TheStreet this morning.

S&P Stocks Close Year: 50% > 50 DMA and 50% < 50 DMA

S&P Stocks Close Year: 50% > 50 DMA and 50% < 50 DMA

Fifty percent of the stocks in the S&P 500 index closed out the year above their 50 day moving average, and if my math is correct that means that about fifty percent closed below it (I guess some closed on…

Chart Review: S&P 500 Index on Multiple Timeframes

Chart Review: S&P 500 Index on Multiple Timeframes

These levels of support and resistance are already embedded in most traders brains, so I’ll keep it brief: The S&P 500 index breached a long term uptrend line in August and has been unable to return to trend and make…