Two Big Time Bearish Calls on CNBC in One Day

Russ Koesterich, head of asset allocation for BlackRock’s Global Allocation Fund, told CNBC’s “Halftime Report” that it would be hard to hold the gains in the market into the summer and fall; and later on “Fast Money,” Bank of America…

A Plethora of Channel Patterns on the S&P chart

A Plethora of Channel Patterns on the S&P chart

Technical patterns are very clear in retrospect, but harder to discern when they are under construction. What looked like a head and shoulders top on the S&P 500 daily chart a few weeks ago, now looks like a simple channel…

Steve Grasso’s Levels to Watch on the S&P 500

Steve Grasso highlights the key levels to watch on the S&P 500 chart.

Is Starbucks About to Make a 'Grande' Pullback? - published on TheStreet.com

Is Starbucks About to Make a ‘Grande’ Pullback? – published on TheStreet.com

Starbucks’s technical indicators on multiple timeframes are suggesting the stock has lost its mojo.

Salute.

Salute.

Long Term Technical Take on Apple

Long Term Technical Take on Apple

A simple downtrend line and Fibonacci support and resistance levels have mapped out the direction of Apple (AAPL) shares over the longer term. My multiple timeframe analysis was posted on TheStreet.com this weekend.

Cup and Handle Pattern on the Alphabet Chart

Cup and Handle Pattern on the Alphabet Chart

Here’s my take on the Alphabet (GOOGL) chart posted on The Street.com this weekend.

How to Trade a Market Under Distribution

How to Trade a Market Under Distribution

Interesting and informative analysis by my friend Bob Lang of ExplosiveOptions.net.

Berkshire Hathaway - Multiple Timeframe Bearish Eveningstar Patterns

Berkshire Hathaway – Multiple Timeframe Bearish Eveningstar Patterns

I noted back at the beginning of the month that Berkshire Hathaway (BRK) shares were showing signs of fatigue, and that a rudimentary eveningstar pattern had formed on the weekly chart. The eveningstar pattern is a three day reversal formation…

General Electric Fails to Follow the Broader Market Movement

General Electric Fails to Follow the Broader Market Movement

General Electric (GE) closed off its highs and near the bottom of its range in Wednesday’s session, forming a high wick doji candle similar to others seen at previous failed tests of its channel downtrend line. The major indices have…