This Pawn Stock Is Breaking Out – Bad Sign For The Economy?

By | September 29, 2017

EZCORP (EZPW) operates a chain of pawn shops in the U.S., Canada and Mexico, providing loans collateralized by personal property and selling forfeited and used merchandise. It is a small-cap company in a business that makes it the perfect contrarian indicator for the market and the economy. It has underperformed the S&P 500 index by… Read More »

Costco is the Way to Go in Faltering Consumer Staples Sector

By | September 28, 2017

The consumer staple sector, as represented by the Consumer Staples Select Sector SPDR Fund (XLP) is testing an important support level on its daily chart. It is a potential level for a bounce but a breakdown would indicate the poor performing components of the ETF have lower to go. The XLP made three attempts to… Read More »

Facebook’s Social Media Storm Could Sink It and the Tech Sector Could Follow

By | September 27, 2017

There may be a deeper aspect to the decline in the broader technology sector than its overbought condition or valuation, and it goes directly to the engine that drives the space. Social media algorithms are as deeply entwined with the technology sector as they are with our personal lives. The distinguishing marks of a tech… Read More »

Eli Lilly – “Off the Charts” Analysis On Mad Money by Stirling Investments’ Tim Collins

By | September 27, 2017

Here is the video of Jim Cramer’s “Off the Charts” segment on Mad Money last night. Tim Collins of Stirling Strategic Investor provided technical analysis of the Eli Lilly (LLY) chart on multiple time frames. Cramer’s charts diagnose a potential breakout for shares of Eli Lilly from CNBC. Follow this link for a synopsis of… Read More »

Miss the First Phase of the NVIDIA Rally? – Read This Before You Miss the Next One

By | September 26, 2017

Nvidia (NVDA) has its chips in all the right places. Its processors are in gaming consoles, autonomous driving components, blockchain technologies, and it was announced Tuesday it’s into local logistics or the drone delivery space. These are exciting growth areas that easily capture investor interest, and that is why the stock is up more than… Read More »

Apple Chart – Levels of Technical Support Following the iPhone-8 Selloff

By | September 24, 2017

Apple AAPL shares are down about 4% since the September 12 launch of the new iPhone-8. The technical case for a pullback following the announcement was outlined here earlier last month. A key zone of support was broken at the open today which could be a catalyst that accelerates the downside momentum. Let’s take a… Read More »

How to trade the coming rally in the US Dollar

By | September 21, 2017

There are many fundamental factors that govern the value of the U.S. dollar. It is a complex matrix of competing forces, but the way those dynamics transcribe to the price charts is fairly simple to understand. The dollar has been moving lower and now it looks like a transition in the direction of the trend… Read More »

ADP Shares Subdued After Bill Ackman Interview — but That Will Change

By | September 20, 2017

Bill Ackman: ADP has started to see real competition from CNBC. In an interview on CNBC this afternoon, activist investor Bill Ackman restated his argument that payroll software company Automatic Data Processing (ADP – Get Report) is losing market share to its competitors. On Aug. 4, it was announced in the media that his Pershing… Read More »