Free Content

A Boring Stock with a Bullish Theme for 2020

A theme is a fundamental trend that could influence a stock’s price in the coming months, or even years. As powerful as themes seem, they are still secondary to price action. There are many forces driving price movements and we cannot be expected to know them all.

Are you Following the Trend or Waiting for Perfection?

We are seeing breakouts and new highs galore in the stock market. Does this sound the all clear? Hardly. Investors waiting for the all clear will probably be waiting a long time. Moreover, the “all clear” could even mark the top, because that’s just the way Mr. Market operates.

‘Tis the Season for Mobile Payments

Black Friday weekend is here and the holiday shopping season is just getting started. While I have no clue which retailers will be the big winners or losers this season, the mobile payments industry is likely to be a big winner.

Big Banks Hold Big Breakouts and this Laggard May Play Catchup

Several finance-related ETFs and stocks broke out with big moves from early October to early November. Many of these then stalled over the last two weeks and this rest could be the pause that refreshes. Today we will look at performance for the finance-related ETFs and the bull flags taking shape in three banking stocks

There is (almost) Always Cause for Concern

The S&P 500 SPDR and Nasdaq 100 ETF recorded new all time highs this past week, while the S&P MidCap 400 SPDR hit a new 52-week high in November. Sounds bullish, but the S&P SmallCap 600 SPDR and Russell 2000 ETF are still well below their 2018 highs, even though they are very close to 52-week highs. Which index ETFs tell the real story here?

New Highs Expand within Small-caps

New highs expanded in the small-cap universe over the last few weeks and this indicates that the bull market is broadening. This post will first look at the high-low pairs for the S&P indexes and then apply a 20-day SMA to show the improvement in new highs over the last few weeks.

New High Parade Extends – What About the Consumer Discretionary SPDR?

The new high parade continued this week with the S&P 500 SPDR and four sector SPDRs hitting new highs. The Technology SPDR (XLK), Industrials SPDR (XLI), Finance SPDR (XLF) and Materials SPDR (XLB) recorded new 52-week highs. The Healthcare SPDR (XLV) recorded a new high for 2019, but remains just short of a 52-week high. …

New High Parade Extends – What About the Consumer Discretionary SPDR? Read More »

Anatomy of a Classic Bullish Continuation Pattern – And a Live Example

Bullish continuation patterns are my favorite patterns when it comes to stocks and ETFs. As the name suggests, bullish continuation patterns, when confirmed, signal a continuation of the prior trend. Furthermore, because it is a “bullish” continuation, it means the prior trend was up and that trend is now continuing. With the S&P 500 spending …

Anatomy of a Classic Bullish Continuation Pattern – And a Live Example Read More »