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…

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…

Xilinx - Measuring the Next 12% Move Higher

Xilinx – Measuring the Next 12% Move Higher

Xilinx (XLNX) designs and develops programmable logic devices and associated technologies, and it has been trading in a rising triangle above a rising 50-day moving average. Shares are retesting pattern resistance and a break above this level projects another in…

T-Mobile Is Head and Shoulders Above Competitors, and That's Not Good

T-Mobile Is Head and Shoulders Above Competitors, and That’s Not Good

A head-and-shoulders top has formed on the T-Mobile US (TMUS) daily chart and a break below the neckline support level could see the stock retrace 50% of the 44% rally off its September low last year. T-Mobile has been a…

Intel - Head and Shoulders Top

Intel – Head and Shoulders Top

Intel (INTC) shares fell more than 2% in Monday’s session, breaking below a long-term uptrend line and closing just above their 200-day moving average and the intersecting neckline of a rudimentary head and shoulders topping pattern. If this intersection of…

Five Weekly Breakout Candidates

Five Weekly Breakout Candidates

The daily vicissitudes of price action and opinion can erode the resolve of even the most disciplined traders’ planning and lately there has been any number of differing opinions on the condition of the market. During times like this, stepping…