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…

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)…

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 Stock Market's On Edge -- Here Are the Signs You Need to Know

The Stock Market’s On Edge — Here Are the Signs You Need to Know

It isn’t panic, but a sense of concern has become evident in the stock market. The Volatility Index (VIX) is up over 7% this week, while gold is up about 6% over the past two weeks. Crude oil prices have…

S&P Upside - Measuring the Measured Move

S&P Upside – Measuring the Measured Move

“I think we’re going to see some outperformance in the financial sector, which was really the leader in Q4 of last year, which is the launch of the rally that then gets us to that 2,640 target,” says BTIG’s Katie…

Biotechnology Ready To Resume Rally

Biotechnology Ready To Resume Rally

Biotechnology stocks had an incredible run between 2012 and 2015, and the iShares Nasdaq Biotechnology ETF (IBB) was up 395% in that time. After making the record high, however, the space came under pressure and the fund dropped below its…

The Market Wasn't In Bearish Transition

The Market Wasn’t In Bearish Transition

It did look like the market was in bearish transition, but like I said in the linked article, “Watch for a breakdown from these daily support levels as confirmation of the reversal action on the weekly chart.” Confirmation is crucial…

The Market is in Bearish Transition

The Market is in Bearish Transition

There has been a transition underway in the market over the last month, evident on multiple timeframes on the charts of the major market indices. One last level of technical support remains before the breakdown is confirmed and market heads…

The Charts Suggest -- Apple Is Headed Lower

The Charts Suggest — Apple Is Headed Lower

The broader market is experiencing a minor pullback this month, but this “minor” pullback has taken the indices and many of the most actively traded stocks back down to key support levels. This is the case with the Dow Jones…

Gold Preparing for a 10% Gain--How to Trade the Gold ETF

Gold Preparing for a 10% Gain–How to Trade the Gold ETF

(this article was first published on TheStreet.com on April 10th.) Gold has rallied this year back up to the intersection of a key technical level and its 200-day moving average, and in the process, formed a bullish cup-and-handle pattern on…