Darling Ingredients Cup and Handle Breakout Underway

Darling Ingredients Cup and Handle Breakout Underway

Darling Ingredients (DAR) is a rendering company that sells natural feed and food ingredients, as well as organic fertilizers and biofuels. The stock has a history of making large percentage declines in relatively short periods of time. In 2008, it…

Charts to Watch When Primal Forces Take Hold of the Markets

Charts to Watch When Primal Forces Take Hold of the Markets

The markets were down sharply in Tuesday’s session and registered their largest single day decline since September, while the Volatility Index (VIX) spiked up over 46% and closed on the high of the session. The moves reminded us that investor…

Financial Sector -- Head and Shoulder Top Test

Financial Sector — Head and Shoulder Top Test

A head and shoulders top began forming on the weekly chart of the Financial Sector Select SPDR Fund (XLF) early this year, and the sharp decline in Wednesday’s session took the fund price back down to neckline support in the…

Berkshire Hathaway Shares Testing Major Top Support

Berkshire Hathaway Shares Testing Major Top Support

A set of technical patterns that have formed on the Berkshire Hathaway (B) chart could be signaling a major top is in place. On the weekly chart, the March high this year formed an eveningstar pattern similar to the one…

Potential Pullback Levels on the Apple and Tesla Charts

Potential Pullback Levels on the Apple and Tesla Charts

Here’s my technical take on the potential pullback levels in Apple AAPL and Tesla TSLA shares, previously published on TheStreet.com this week.

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…

The Major Market Indices Continue to Weaken

The Major Market Indices Continue to Weaken

The Dow Jones Industrial Average ($DJIA) and the S&P 500 Index ($SPX) are retesting their 50 day moving averages and nearing downside support levels, at this early point in the trading day. The Russell 2000 Small Cap Index ($RUT) has…

Cisco Systems Chart Framing a Good Risk/Reward Short Trade

Cisco Systems Chart Framing a Good Risk/Reward Short Trade

Shares of Cisco Systems (CSCO) have pulled back off their March highs and are retesting their rising 50 day moving average. This moving average support looks unlikely to hold and sets up further downside in stock. The weekly chart shows…