Raytheon's Rally Is Over -- How Low Will It Go Now?

Raytheon’s Rally Is Over — How Low Will It Go Now?

Raytheon (RTN) has been rallying this year but that positive momentum is waning and a large head and shoulders top has formed on the daily chart. Now the stock is setting up to retrace half the earlier move. My analysis…

Bearish Eveningstar Reversal Formation on the NASDAQ Chart

Bearish Eveningstar Reversal Formation on the NASDAQ Chart

A three-day bearish reversal pattern has formed on the NASDAQ Composite daily chart. Its composition suggests a transition in investor sentiment form bullishness to bearishness. Thursday’s session was volatile with a number of fundamental and technical forces coming into play….

This Oil Services Laggard Is Set to Power Higher

This Oil Services Laggard Is Set to Power Higher

FMC Technologies is an underperformer in an underperforming sector and could see a volatile catch-up rally. Here’s my take on the trade published on The Street this morning.

It's Full Speed Ahead for These Two Cruise Stocks

It’s Full Speed Ahead for These Two Cruise Stocks

Long-term triangle breakouts project big time profits for Carnival and Royal Caribbean Cruises. Here’s my analysis published on The Street this morning.

Is It Time to Short Big Blue?  - Former Buyers are Taking Profits

Is It Time to Short Big Blue? – Former Buyers are Taking Profits

Linkage to my multiple timeframe analysis of the IBM charts published on The Street this morning.

4 Stocks Poised for Profitable Trades

4 Stocks Poised for Profitable Trades

These are four stock that have formed morningstar patterns on their weekly charts. Here’s the link to the article published on The Street this morning. Watch for confirmation.

Watch the Weekly Wicks

Watch the Weekly Wicks

The weekly charts of the S&P 500 and the DJIA show large dark or down candles formed three weeks ago followed by two futile attempts to recover positive momentum and their 10 week (50 day)moving averages. These failed recoveries formed…

This Semiconductor Laggard Is Ready to Play Catch-Up

This Semiconductor Laggard Is Ready to Play Catch-Up

Here’s a link to my post on Integrated Device Technology (IDTI) published on The Street on Friday.

Here's Why Comcast Is Headed Even Higher

Here’s Why Comcast Is Headed Even Higher

Shares of Comcast (CMCSA) are in a primary uptrend and look to continue higher. Here’s my take on the chart published on The Street this morning.

“Off the Charts” – Charting the Non-Bank Financials

Jim Cramer highlights the charts of Visa (V), Mastercard (MA), and PayPal (PYPL) on “Mad Money,” as interpreted by Bob Lang of Explosive Options.