Market Wrap for June 12, 2017 (video)

This video provides an overview of the recent price action in several key sectors & indices as well as some key technical levels and developments to watch for going forward. As the broad market has been grinding around in a sideways to slightly higher range in recent months, most of my analysis has been focused [...]

Jun 12, 2017 6:33pm|Categories: Equity Market Analysis|Tags: , , , , , , , , , , , , |0 Comments

XLF & Key Financial Stocks Backtesting Wedge Patterns

With the addition of the WFC short entry today, there are now three Active Short Trades in the financial sector: FAS/XLF, BRK.b & WFC. This market has been unusually difficult to trade lately, both on the long & short side, due to both the recent very choppy price action as well as the fact that [...]

Jul 14, 2015 2:37pm|Categories: Equity Market Analysis|Tags: , , , , , , |Comments Off on XLF & Key Financial Stocks Backtesting Wedge Patterns