Short squeeze or bear market rally? Plus Unity software & using Renko charts on the ES
The recent market rally has been focused on tech and growth stocks, sectors associated with the emergence from recession, and very much against the current […]
Stocks
Mid-June reversal in stocks continues – even in tech & small caps
Last week’s better-than-expected CPI and PPI releases have been sufficient to lift the indices we follow and move some out of their consolidation pattern. Both […]
Applying price & volume analysis to stocks including FATE & South Western Energy
A recording of our stock webinar with a look at Fate Therapeutics as a great example of a ‘pump & dump’ but which is now […]
Cisco Systems – My vpa chart of the week
A decline in future revenues has been cited as the reason for Cisco’s sharp gap down on the release of its earnings despite the earnings […]
PLUG Power – my VPA chart of the week
My vpa chart for this week is Plug Power as it offers us a number of vpa lessons which you can see on the annotated […]
Apache Corporation (APA)- vpa stock of the week
Yesterday’s very modest reduction in US inflation may have given the market a bit of a lift but we still have the PPI today and […]
The SPY and the tech sector (XLK)
A look at the significant support and resistance levels on the SPY and consider whether we will see buying coming in as we approach month-end […]
Where next for the XLE?
While the energy sector continues to outperform on a YTD basis the past week has seen the sector fall back along with almost all the […]
Volume analysis on the SPY
In this video, I look at the SPY as an example of how markets can rise on what appears to be less than […]
Where next for Apple?
Apple has been on a tear recently and the trend higher is a great example of the price action being supported by strong, healthy volume. […]
Tesla regains bullish momentum
My video update on Tesla since the bounce from the weekly volume point of control at the $700 region (see my post of 23rd […]
SPY defies recent ‘death cross’
Equities continue higher despite Jay Powell’s hawkish rhetoric concerning the pace of interest rate rises and his tone is reminiscent of Mario Draghi’s famous words […]
SPY ahead of Quad Witching
A quick look at the daily and weekly charts for the SPY on Quadruple Witching and following the FOMC on Wednesday when Jay Powell […]
Update on Tesla as it continues to struggle
A quick update on Tesla which has continued to struggle since my 2nd February post the extent of which we can see on the annotated […]
Why HYG is the ETF to watch
Recording of yesterday’s stock trading webinar in which we covered how the HYG – the ETF that covers high yield corporate bonds (aka junk bonds) […]
Classic volume price anomalies on the daily chart for Southwest Airlines
The pattern of price behavior for Southwest Airlines (LUV) is one we are seeing on many stock charts at present with weak efforts to rise […]
Tesla continues to struggle
The past couple of weeks have been a real struggle for Tesla bulls following January’s early froth when the stock rose strongly towards the $1200 […]
Weakness already signaled ahead of the FED
In yesterday’s webinar David & I considered market sentiment ahead of the FOMC and as David explains in this recording whilst we have seen rallies […]