Market Indices Hold and Bounce Off Their 50 DMA's

Market Indices Hold and Bounce Off Their 50 DMA’s

The S&P 500 Index, the DJIA, and the NASDAQ Composite Index opened lower today touching their 50 day moving averages but have managed to recover nearly all of the gap. On the Russell 2000 Small-Cap Index, the intermediate term horizontal…

Euro ETF Base Breakout Could Reverse Long-Term Downtrend

Euro ETF Base Breakout Could Reverse Long-Term Downtrend

The CurrencyShares Euro Trust ETF FXE has underperformed the PowerShares DB US Dollar Bullish ETF UUP by 35% over the last three years, but that relationship has shifted and the euro fund is now up relative to the dollar fund…

Silicon Motion Breaking Out of Multiple Basing Patterns

Silicon Motion Breaking Out of Multiple Basing Patterns

Shares of the fabless semiconductor designer, Silicon Motion Technology SIMO spent the last half of 2016 in a decline that saw them lose 30% of their value, but they spent most of this year forming a bottom. This month they…

PVH CEO Manny Chirico Interview on Mad Money

Jim Cramer spoke with PVH CEO Manny Chirico about President Donald Trump’s effect on retail and the company’s strong earnings report. Here was our technical take on the stock prior to the release of the report.

The Technical State of the Major Market Indices

The Technical State of the Major Market Indices

The rising November rally trend lines on the Dow Jones Industrial average ($DJIA), the S&P 500 Index ($SPX), or the NASDAQ Composite Index charts have been broken with the indices closing near their lows of the Tuesday session, while the…

Teladoc Has a Healthy Looking Chart -- Prognosis is for Profits

Teladoc Has a Healthy Looking Chart — Prognosis is for Profits

The telehealth services sector is a new but rapidly growing industry and Teladoc ($TDOC) is a major player in the space, providing on-demand virtual health care to patients over the internet or on their mobile devices. The stock started trading…

PVH Reports After the Close - Here is the Technical Set-Up

PVH Reports After the Close – Here is the Technical Set-Up

(This article was published on TheStreet.com on Tuesday morning.) PVH Corporation (PVH) markets a wide variety of its own clothing line as well as branded apparel and accessories. Its stock price rallied more than 75% in the first three quarters…

Warning!! Volatility Storm on the Horizon

Warning!! Volatility Storm on the Horizon

The Volatility Index has been in hibernation for the past four months, languishing below the 13 level, as the S&P 500 index has been tracking higher and in rally mode. Conventional thinking would be that as the broader market moves…

Volatility Index Nearing a Cycle High

Volatility Index Nearing a Cycle High

The Volatility Index ($VIX) has reflected indifference rather than “fear” over the last four months, and it has remained under the 13 level since the beginning of the year. Bollinger bandwidth and average true range readings on the daily chart…

The KO Chart Looks OK!

The KO Chart Looks OK!

Shares of Coca Cola (KO) broke above a three month double bottom base resistance level in the $41.75 area early this month. They continued through the 200 day moving average, then pulled back to retest the former resistance-turned-support line, and…