It is amazing how a stock can be a rock star one day and a pariah the next. Whereas the rock star... Read More
It is amazing how a stock can be a rock star one day and a pariah the next. Whereas the rock star shrugs off bits of bad news, the pariah can’t seem to get out of its own way. But when everyone... Read More
While the real estate sector has been anything but exciting for the past year, it recently... Read More
While the real estate sector has been anything but exciting for the past year, it recently experienced an awakening. In January, I pointed out a breakdown in iShares US Real Estate (NYSE: IYR)... Read More
Trading countertrend moves can be profitable but risky, so it pays to line up as many factors as... Read More
Trading countertrend moves can be profitable but risky, so it pays to line up as many factors as possible in our favor before putting money to work. When a stock sports a price-to-earnings... Read More
Anyone following the market via their broker’s recommendations would understandably not think very highly of energy stocks. Fortunately, we have charts to follow what the market, not the analysts, has to say. And right now, the charts of numerous oil refiners look to be on the verge of… Read More
The biotech sector scored a short-term breakout last week, and the bullishness spread to its larger, more established cousins, the big pharmaceutical stocks. While most of these drugmakers have been strong of late, they have not broken out on their charts. However, one lagging stock in the group, GlaxoSmithKline (NYSE:… Read More
With interest rates still in decline, the stodgy, old utilities sector is leading the pack. Of course, with a more than 20% gain under its belt since early December, it’s unlikely the Dow Jones Utility Average can sustain its recent pace. After all, utilities are not likely to… Read More
Pundits fall all over themselves trying to pick stocks that will beat the market. However, in the current market environment it seems traditional filters are not working the way we would normally expect. Success today requires thinking outside the box and a different type of strategy — one… Read More
One of the most explosive formations in technical analysis is called the “flag.” The pattern consists of a nearly straight-up price advance followed by a consolidation, which usually takes the form of a pennant or small rectangle. Technical analysis holds that a stock typically leaves a consolidation formation… Read More
From 2008 to 2013, organic and natural foods retailer Whole Foods Market (NYSE: WFM) was a superstar. But backlash over its high prices and a reduced outlook ended the rally and sent the stock into a death spiral. WFM was one of 2014’s worst performers on the S&P… Read More