IBM Shares Could Head even Lower After Weak Quarter -- Here's What the Charts Are Revealing

IBM Shares Could Head even Lower After Weak Quarter — Here’s What the Charts Are Revealing

International Business Machines (IBM) ended Tuesday at $151.11, down, $1.90 or 1.2%. And it could keep on falling. The tech giant reported its 21st straight quarter of year-over-year revenue declines after the market closed, giving investors a case of the…

Freeport Is Ready to Play Catch-Up

Freeport Is Ready to Play Catch-Up

The nearly-200% move in the metals and mining sector that began in early 2016, peaked in February of this year and has been followed by a period of consolidation. This constructive recovery process may be over and the sector may…

Here Comes a Neck-Breaking 30% Rally In Twitter

Here Comes a Neck-Breaking 30% Rally In Twitter

Get ready to tweet out how much you netted on this trade. Twitter (TWTR) shares are ready to break out of a triangle pattern that has been forming on the daily chart for the past two months. The pattern targets…

The High Yield  Bond Market is Hanging In There

The High Yield Bond Market is Hanging In There

Just when it looked like the rally in the high yield bond market was nearing an end, Chair Yellen’s recent dovish tones may have come to the rescue. The weekly chart of the SPDR Barclays High Yield Bond ETF (JNK)…

Apple shares lack of participation in Wednesday's tech rally not a good sign

Apple shares lack of participation in Wednesday’s tech rally not a good sign

The Technology Select Sector SPDR ETF (XLK) was up 1.3% in Wednesday’s session but the share price of Apple (AAPL) barely moved. That is an unusual divergence because Apple is the top holding in the XLK representing 14.7% of its…

Twitter shares Poised for A 30% Rally - the technical framework is in place

Twitter shares Poised for A 30% Rally – the technical framework is in place

Twitter (TWTR) shares are ready to break out of a triangle pattern that has been forming on the daily chart for the past two months. The pattern targets a 30% price objective into the $25 area, which would take the…

Catch-Up on Recent Articles Published on TheStreet.com

Catch-Up on Recent Articles Published on TheStreet.com

Here are several trading ideas published earlier on TheStreet.com: Starbucks Needs to Make a Stand Right Here and Right Now Cree is Ready to Light It Up Pepsico Has Lost Its Pop – Bearish Engulfing Candle Points Lower

Chartmaster: This is Why You Should Sell the Tech Wreck

Chartmaster: This is Why You Should Sell the Tech Wreck

Carter Worth the head of technical analysis at Cornerstone Macro with several bearish observations on the tech sector – the news is not all bad.

The Twitter Rally is for Real

The Twitter Rally is for Real

Twitter (TWTR) may be about to get hot. Twitter shares were up over 5% in trading on Wednesday, retesting a downtrend line drawn off the 2013 and 2015 highs. This trend line has defined the long-term decline that began two…

Cisco Poised For A Volatile Move Higher

Cisco Poised For A Volatile Move Higher

Cisco Systems (CSCO) is undergoing a process of consolidation on its daily chart that could result in a volatile move higher. Shares have been trading in a narrow horizontal channel pattern, which has compressed the price range to a near-breaking…