Market Moving Articles

Showing 1-10 of 1,744 items.

March 27, 2017 7:29pm

The Baltic Dry Index (BDI) finally did it. The shipping index broke out dramatically to the upside today, surging through multi-year high resistance. In addition, there is a clear inverse head and shoulder pattern breakout with a calculated target to 2,200. That means the Baltic Dry Index has another 70%... Read More

March 27, 2017 3:29pm

I added Twilio Inc (NYSE:TWLO) to my portfolio at $29.25 because the stock filled a major gap on the chart. This gives an exect entry level. In addition, sellers have been flushed out, the stock showed great growth numbers in the latest quarterly report and the stock market refuses to drop. Even today,... Read More

March 27, 2017 12:28pm

Shares of U.S. Steel Corporation (NYSE:X) flushed in early trading with the entire market. However, the steel producer hit major support and has likely bottomed in the near-term. This is a strong buy for a great bounce over the next week. I bought here at $31.30 with an upside projected... Read More

March 27, 2017 11:42am

TEUM has been in a low volume walk down since its reverse split and the weak market action has not helped. The stock has strayed 50% away from its 20 day ema, an extreme level of divergence and indicating a large bounce is at hand. The 20 day ema is... Read More

March 27, 2017 11:05am

The price of Alibaba Group Holding Ltd (NYSE:BABA) shares are into a double top. For investors who are not familiar with the technical term, a double top is when price hits the same level as it did at some point in the past. This usually was a former significant pivot... Read More

March 27, 2017 10:26am

The DXTR chart below is setting up for another of its large pops. A break over the 20 day ema (the green line) at $1.13 should set the stock up for a move first to the 50 day ma at $1.31 followed by a move to the 200 day ma... Read More

March 27, 2017 10:07am

Most investors are too scared of retail stocks to buy. There is no denying that stocks like Target Corporation (NYSE:TGT) and J C Penney Company Inc (NYSE:JCP) have been in free fall and are trading at multi-year lows. However, there is a silver lining and likely major upside. This past Friday,... Read More

March 27, 2017 8:52am

Bullish pattern alert on shares of Freeport-McMoRan Inc (NYSE:FCX). The stock has fallen sharply over the last two months, finally hitting major support a week ago. Since then it has bounced and started to form a bull flag pattern. While the stock may trade lower today at the open, the pattern... Read More

March 24, 2017 7:50pm

Crude oil has tumbled over the last few weeks, trading into the $47 range from $55. However, the current price of the commodity has hit a huge level of support. Assuming this holds, oil has a chance to rally back into the $50's. Unfortunately, the charts are not signaling a... Read More

March 24, 2017 1:49pm

Shares of Deere & Company (NYSE:DE) broke a MAJOR trend line support today. This happened quietly as the healthcare debate and vote raged on. Why is the healthcare bill a key player? Because if this does not pass, the liklihood of an infrastructure spending bill passing is almost zero. The breakdown... Read More