Slow day in the market as I suspected as the market is in a holding pattern with the first two of the 5 market leading FAAMG stocks scheduled to report after the market close today (FB & MSFT). The fireworks could start after the closing bell today & continue throughout [...]
Technical analysis of the biotech sector etf, XBI, as well as several leading biotech stocks. Note, I don't have a strong opinion on the near-term direction of the biotech sector & as such, you might want to skip this one. I recorded this video in response to a request for [...]
Technical analysis of the US stock market & several sectors that stand out at this time. Covered in the following order are: QQQ, SPY, XES, XBI, IBB, AMGN, GILD, CELG, REGN, ACBFF, WEAT (wheat ETN & NIB (cocoa ETN):
Technical analysis on the US stock market along with several sectors that stand out at this time including the Euro & US DollarGLD (gold ETF) & GDX (gold miner ETF), XBI (biotech ETF) & XES (oil & gas equipment & services ETF).
Technical analysis on the US stock market & select sectors as well as some trade ideas that stand out at this time.
The following notes & charts outline the entry criterion, price target, suggested stop & beta-adjusted position size for a swing trade on GILD, Gilead Sciences Inc.
Technical analysis on QQQ as well as the market leading FAAMG stocks followed by the outlook for the biotech sector via XBI and a few of the largest biotech stocks (most of which are components of QQQ). The following ETFs & stocks are covered in this order: QQQ, AAPL, GOOGL, [...]
GILD has now hit & slightly exceeded my 81.76 target, which will most likely prove to be a momentum-fueled overshoot of that level, followed by a 9% drop to the 76.50 area. I starting making the bullish case for a meaningful trend reversal & rally earlier this year as GILD [...]
Yesterday I had posted a handful of stocks to watch today as they were scheduled to report earnings after the close or before the open today. Interesting enough, most of those stocks have gapped above or below the key technical levels that were highlighted with some reversing at or very [...]
The near-term outlook for the US stock market via SPY, QQQ & IWM followed by analysis on GLD, GDX, UUP & several trade ideas including GILD, CARA & SMH.