S&P Monthly Indicator Bearish for the First Time Since Early 2008

S&P Monthly Indicator Bearish for the First Time Since Early 2008

The S&P 500 index, as everyone knows, has been trading in a wide channel consolidation for the last year. During this time the relative strength index and Chaikin money flow have been tracking lower, below their declining 21 period averages….

Dammit, Carl!

Dammit, Carl!

The talk on CNBC is that the proximate cause of today’s intra-day reversal was the result of comments made by Carl Icahn this afternoon on their network. Let’s go to the charts…. Ok, no argument from me. Tomorrow may be…

How High Can Facebook Go - and How Low Can Apple

How High Can Facebook Go – and How Low Can Apple

A link to my analysis of the Apple (AAPL) and Facebook (FB) charts published on TheStreet.com this morning.

Volatility Volume - A Major Warning From Tom McClellan

Volatility Volume – A Major Warning From Tom McClellan

Tom McClellan warns the surge in the iPath S&P 500 VIX ST Futures ETN (VXX) is a “double-contrary” indication in an article published on Zero Hedge.

The Apple Chart Following Earnings

The Apple Chart Following Earnings

The weekly chart of Apple (AAPL) shows the stock making a head and shoulders top last year and then trading back down to key Fibonacci levels, measured off the 2013 low and the 2015 high. The decline in the stock…

These Five Popular Stocks Have Made Golden Crosses

These Five Popular Stocks Have Made Golden Crosses

Here’s a link to my article published on TheStreet.com this morning.

S&P 500 Index - The Good News and the Bad News

S&P 500 Index – The Good News and the Bad News

The good news is that the S&P 500 has moved off its February lows to return to a resistance area that marks historic highs and in yesterday’s session there was a “golden cross” on the daily chart, as the 50…

Is It Time to Short Cisco?

Is It Time to Short Cisco?

Here’s a link to my analysis of the Cisco (CSCO) chart published on TheStreet.com this morning.

Semiconductors Sitting on Support

Semiconductors Sitting on Support

The Market Vectors Semiconductor (SMH) ETF has been trading in a narrow channel pattern for the last month, above support in the $53.75 area and after meeting resistance near the December 2015 highs in the $56.00 area. Last week it…

Bob Lang's "Explosive Options" Webinar

Bob Lang’s “Explosive Options” Webinar

I was invited to join my friend Bob Lang on his Explosive Options webinar last week. It’s always a fun and informative experience, interacting with Bob and his audience and talking charts. Here is a link to his Options Insight…