Will the SPY finally break back above and hold the 280 level? $SPY 279.5900 and 2 more tickers Time left until the end of voting Agree Disagree
SPY 279.5900 241.8300 286.5800 52 weeks Today's Trackdown: Friday - July 13, 2018 Brief Recap and Updates on the MarketsSPY Charts and some Technical Analysis In Thursday's action: Stocks rebounded on Thursday, resuming its recent upward trend following a trade war led sell off i...
BTCUSD 6 350.31 +1.63% 1758.20 19891.99 52 weeks Another Funeral for Bitcoin before Ascendance Bitcoin and the crypto market has had several "funerals" before, where pundits would scoff at the idea, call it a pyramid scheme, and basically calling bitcoin investors either scammers or suckers.
PNC 138.3200 119.7700 163.5850 52 weeks PNC Financial (PNC) Could be Seeing Support Soon PNC Financial Services Group has been in a bearish correction mode since tagging $162.50 in March. A few months later, price has tagged a low of $133.50. We still might have some more downside, bu...
OKTA 54.1500 21.5200 61.0000 52 weeks Okta Inc. (OKTA) in a Bullish Continuation Breakout Okta Inc. is in the IT cybersecurity business. I am very bullish on cybersecurity as a whole, and OKTA is one of those young companies that has a lot of hype right now. Price action suggests that ...
GBPUSD 1.3232 +0.22% 1.2773 1.4377 52 weeks GBP/USD - Negative Reversal Signals Further Downisde GBP/USD has been in a bearish swing after a previous bullish swing to 1.4376. As we can see on the daily chart, the downswing essentially killed the 2017 bullish trend. 1. Price is below the 200-da...
SPY 279.5900 241.8300 286.5800 52 weeks Today's Trackdown: Thursday - July 12, 2018 Brief Recap and Updates on the MarketsSPY Charts and some Technical Analysis In Wednesday's action: Stocks were hit down on Wednesday in response to trade war news headlines and fears. The White Hou...
PFE 37.5300 32.3200 39.4300 52 weeks Pfizer (PFE) in a Bullish Continuation Breakout Pfizer Inc. $PFE has been in consolidation since price surged to almost $39.50 in January 2018. We saw a sharp retreat down to around $33.20 before price started to setting into a range roughly bet...
TSLA 318.8700 244.5901 389.6100 52 weeks Midday Markets by Mike Paulenoff 7/11 - TSLA at Technical Crossroads? Wednesday July 11th, 2018 by Mike Paulenoff TSLA -- It should not surprise any of us that as convoluted as the fundamentals have been and still are in TSLA, the technical set up is equally as uncer...
ATVI 81.5000 57.2900 81.6400 52 weeks Activision Blizzard Inc. (ATVI) - Bullish Engulfing Candle Suggests Pending Breakout into New Highs Activision Blizzard $ATVI has been consolidating since March when it retreated from around $79.50. But after continuing to anchor above a common support around $64, and holding mostly above the 200...
USDCAD 1.3156 1.2057 1.3386 52 weeks As the Greenback Strengthens, USD/CAD Confirms Bullish Breakout The US Dollar has been on a run recently, but consolidated at the end of June going into July. During the 7/11 session, the USD strengthened against most majors, including against the Canadian Doll...
UAA 21.4900 11.4000 24.6947 52 weeks Under Armour (UAA) - Assessing the Case to Buy on a Dip Under Armour $UAA had a rough 2017 but seems to have picked things up since tagging a low of $11.40 in November 2017. Since then, we can see that price has more than doubled, but has been in consol...
SPY 279.5900 241.8300 286.5800 52 weeks Today's Trackdown: Wednesday - July 11, 2018 Brief Recap and Updates on the MarketsSPY Charts and some Technical Analysis In Tuesday's action: Stocks had another rally on Tuesday as traders ignored the trade wars news. Financials and Tech ...
ACIA 35.4700 24.7200 50.1000 52 weeks Has Acacia Communications Inc. (ACIA) Bottomed? Acacia Communications $ACIA has been in a wild ride since its IPO in May 2017. It opened at $23 and shot up to around $128 before the dump. Then, we basically had a pullback all the way to the IPO ...
BBBY 19.8700 16.5200 31.1500 52 weeks Bed Bath and Beyond (BBBY) - Recovery Meets Resistance Bed Bath and Beyond $BBBY has had it rough in recent years - most retailers are due to the Amazon effect. Because of the pervasive downtrend, I think the market will fade rallies, and BBBY recently...
INSY 7.6600 4.1000 14.0000 52 weeks Insys Therapeutics Inc. (INSY) Anchoring Above $7.00 with Bullish Stance We recently observed a bullish breakout in Insys Therapeutics $INSY when price broke above a key pivot at $7.60. We suggested a strong possibility that price will find resistance around the $8.70 p...
LOW 99.5800 70.7600 108.9800 52 weeks Lowes Companies Inc. (LOW) in a Bullish Continuation Breakout Lowes $LOW has been in consolidation in June, but started a bullish swing in July that is signaling bullish continuation. LOW Daily Chart (click to enlarge) Bullish Mode: - When we look at the general...
SPY 279.5900 241.8300 286.5800 52 weeks Today's Trackdown: Tuesday - July 10, 2018 Brief Recap and Updates on the MarketsSPY Charts and some Technical Analysis In Monday's action: Stocks had a big rally on Monday as traders seem to believe the U.S. is winning the trade war or it w...
PEP 112.6900 95.9400 122.5100 52 weeks Pepsico Inc. (PEP) Rebounded, But is Challenged by a Key Resistance at $110 Pepsico $PEP was in a sharp correction in 2018 after trading at a high of $122.50 a share. It fell to $96 by May, but roared back to tag $110 by July. This is a critical resistance area, and I thin...
TWTR 44.4900 15.6950 47.7900 52 weeks I Think Twitter (TWTR) is Set for a Pullback Twitter $TWTR has been consolidating around $45 a share with a high just under $48 and a low just above $42. But I think it could be topping for now and setting up for a bearish correction. TWTR Dai...
DSS 1.3500 0.5610 3.1600 52 weeks Document Security Systems (DSS) Holding on to Bullish Prospect Document Security Systems $DSS has been in consolidation mode since it surged in Q4 of 2017. The daily chart shows how price action has been settling down after that late-2017 jump. DSS Daily Chart
SPY 279.5900 241.8300 286.5800 52 weeks Today's Trackdown: Monday - July 9, 2018 Brief Recap and Updates on the MarketsSPY Charts and some Technical Analysis In Friday's action: Stocks rose ignoring the start of the trade war between the U.S. and China. The June Employment ...
CA 6 122.26 5916.12 7323.78 52 weeks Copper in a Bearish Correction within a Bullish Trend The price of $Copper has been falling sharply in June and July so far. After failing to push above the 2017 high at $3.32, price retreated and closed last week at $2.82. Copper Weekly Chart (c...
NWS 15.8000 13.1000 17.7000 52 weeks News Corp (NWS) at Wedge Support Area News Corporation $NWS has been in consolidation mode throughout 2018 after it touched at $17.70 back in January. On the daily chart, we can see that price has been essentially trading in a falling ...
EURGBP 0.8829 −0.08% 0.8619 0.9307 52 weeks EUR/GBP - I Think we Should Respect 0.89 EUR/GBP has been in a choppy slightly bearish channel since late 2017 as we can see on the daily chart. EUR/GBP Daily Chart (click to enlarge) Channel Resistance: - Note that price is approaching chan...
LVS 73.7300 59.1600 81.4490 52 weeks Time for a Bull Run for Las Vegas Sands (LVS) Last Vegas Sands $LVS has been in a bearish correction since reaching a high on the year at $81.45 in June. The pullback was sharp, but still within the context of the overall bullish trend, w...
IBOC 43.3000 33.8500 45.0000 52 weeks International Bancshares Corporation (IBOC) Confirming Bullish Continuation International Bancshares Corp $IBOC has recently been consolidating under $45 a share after a bullish breakout from a multi-month consolidation range. IBOC Daily Chart (click to enlarge) Bullis...
APEN 8.9700 3.5500 9.6490 52 weeks Apollo Endoscopy (APEN) in a Bullish Breakout; $8.50 is Next A couple of weeks ago, we noted that Apollo Endoscopy $APEN was sliding in price, but still had a bullish outlook if it held above the $5.40-$5.50 area. After doing so, I commented that the subsequ...
SPY 279.5900 241.8300 286.5800 52 weeks Today's Trackdown: Thursday - July 5, 2018 Brief Recap and Updates on the MarketsSPY Charts and some Technical Analysis In Tuesday's action: Stocks ended lower on a late tech led sell off. The S&P 500 drops back below its 50-da...
