Market Moving Articles

Showing 1-10 of 1,406 items.

January 23, 2017 6:40pm

Verified Intra-Day Market Action... Stocks saw early selling but by mid-day it subsided and a light volume float took over. Markets ended slightly negative on the day with the Dow Jones Industrial Average dropping 27 points, the S&P 500 down 6 points and the tech heavy NASDAQ fell just 2 points.... Read More

January 23, 2017 3:49pm

The stock market saw some early selling today, but was able to shrug it off and float back towards the flat line. The reason why the market was able to avoid a large collapse was due to a trend line connecting the lows of December 1st, 2016 to December 30th,... Read More

January 23, 2017 2:58pm

Shares of Apple Inc. (NASDAQ:AAPL) started the day with a surge higher. However, it was short lived as the stock came crashing back to the flat line. The reversal alone should be a concern to investors but the biggest issue is the fact the Apple hit a major resistance trend line at... Read More

January 23, 2017 12:34pm

Shares of Sprint Corp (NYSE:S) jumped over 3% today after the company announced they would aquire a 33% stake in TIDAL, a unique music streaming service/platform by Jay Z. Regardless of the news, the stock is now a full on short. It jumped into a resistance point that should yield fantastic downside... Read More

January 23, 2017 11:13am

Investors should be fully aware of a major stock chart support approaching on shares of Amgen, Inc. (NASDAQ:AMGN). Amgen has fallen off recent highs but done so in a relaxed, consolidation manner. This can be seen as bullish by investors. The relaxed pull back has dropped the share price of Amgen into... Read More

January 23, 2017 11:02am

Yesterday I published an article on the prospects of the SPY long term. Within my article I said that on the long term the SPY looks very bullish but near term there was a possible correction on the cards. Here is why. Today I am going to look at the... Read More

January 23, 2017 10:08am

I am shorting shares of Tesla Motors Inc (NASDAQ:TSLA) for a very simple reason. The stock has run up from $180 to $250, a whopping 37% move in 10 weeks. In addition, it slammed into major trend line resistance as seen on the stock chart below. The combination of overbought and... Read More

January 23, 2017 8:53am

Friday saw the technical chart breakdown in QUALCOMM, Inc. (NASDAQ:QCOM). This occurred when the stock closed below the $63.60 level. This triggers a short on QUALCOMM with a downside target of $55.75. Investors should expect continued downside with limited bounces.   *Special note: After this article was written, Qualcomm was downgraded and... Read More

January 22, 2017 8:23pm

Investors can finally begin looking at shares of Myriad Genetics, Inc. (NASDAQ:MYGN) as a buy. The stock has fallen non-stop through 2016, from a high near $45. It currently trades at $15.66. The buy stock chart level approaching comes from a bottom pivot stretching all the way back to 2010 at... Read More

January 22, 2017 4:29pm

For the last couple of weeks, I have been reading all kinds of articles calling for a market crash or a bear market of major proportions. I don't know where the people that write these opinions get their information from. What I can tell you is that they are not... Read More