Potential Disney and Netflix Breakouts: A Link to My Article on TheStreet.com

Potential Disney and Netflix Breakouts: A Link to My Article on TheStreet.com

Disney and Netflix – Ready to Resume Their Leadership Roles Shares of Disney (DIS) and Netflix (NFLX) have underperformed the S&P 500 by 5% and 13% respectively year-to-date. Now these usual outperformers have been consolidating in distinct technical patterns and…

Germany Could be a Drag on the S&P 500 Index

Germany Could be a Drag on the S&P 500 Index

There are a lot of things out there which could drag our markets lower even as the S&P 500 tests its important 1950 level. There is one negative that should be of particular interest and that is the relative performance…

Starbucks in Classic Downtrend - Needs to Recapture This Level

Starbucks in Classic Downtrend – Needs to Recapture This Level

The chart of Starbucks (SBUX) does not inspire confidence in the future direction of the stock price. It has been making a series of lower highs and lower lows under a declining 50 day moving average. While the relative strength…

A Possible Floor in the Retail Space

A Possible Floor in the Retail Space

The SPDR S&P Retail Index (XRT) has broken above its 50 day moving average and a seven month downtrend line. Daily moving average convergence/divergence, which is overlaid on a weekly histogram of the oscillator, is tracking higher and above its…

Wynn Resorts – Analysis by Bob Lang

Wynn Resorts (WYNN) is up 10% in the one week since Bob Lang of ExplosivOptions.net highlighted a breakout on the chart. Check out his spot on analysis:

Dammit It, S&P! Just Do It.

Dammit It, S&P! Just Do It.

Index update on multiple timeframes over the weekend.

High Yield Back in Favor

High Yield Back in Favor

The iShares High Yield Corporate Bond Fund (HYG) broke above an intermediate term downtrend line and made a modest new higher high.

Kinder Morgan - Inverse Head and Shoulders Reversal

Kinder Morgan – Inverse Head and Shoulders Reversal

The Kinder Morgan (KMI) collapse saw the stock price crash over 70% in the last 52 weeks. It was a stunning decline and it has been a difficult period for shareholders. If there is any good news it is that…

How Does the Ongoing Apple Issue Translate to the Chart?

How Does the Ongoing Apple Issue Translate to the Chart?

The stock formed a bullish morningstar reversal pattern at the end of January, and has since been attempting to hold above the 50% retracement level of its 2013 low and its 2015 triple top. In the flat period that followed…

Disney - Preparing to Make-Up Ground

Disney – Preparing to Make-Up Ground

A rally in Disney (DIS) shares would go a long way in confirming the recent broader market advance. The stock has been under pressure but consolidating in an inverse head and shoulders formation under $97.50 neckline resistance. A break above…