Market Moving Articles

Showing 1-10 of 1,580 items.

February 26, 2017 4:04pm

$FB Day chart shows price is testing the extreme of a harmonic PRZ 136.29 o 137.18.  PRZ aka Potential Reversal Zone is the zone for a completion of a harmonic pattern and discloses a region for decision between buyers and sellers. The bias is to the upside but with negative... Read More

February 26, 2017 12:57pm

Technology consulting company Accenture Plc (NYSE:ACN) took a beating in December 2016 after reporting earnings that did not meet Wall Street expectations. The stock closed the day over $124.00 and opened the following day after their earnings debacle, below $118.50. In the following weeks Accenture traded near $112.50. Starting in February, Accenture stock price... Read More

February 25, 2017 4:37pm

Teva Pharmaceutical Industries Ltd (NYSE:TEVA) is close to its 52 week lows but that may be a gift for investors. The pharma company has a pure W-V formation on the stock chart which is extremely bullish. The valuation is attractive as well as Teva Pharmaceutical Industries has been pounded on fear... Read More

February 25, 2017 1:11pm

As the market hovers at all-time highs, shares of Simon Property Group Inc (NYSE:SPG) trade near 52 week lows. The stock has been a pathetic excuse for an investment for the last year because of one simple reason. This reason was on full display when J.C. Penney reported earnings last week, announcing the... Read More

February 24, 2017 3:18pm

Shares of Halliburton Company (NYSE:HAL) continue to decline. Even with oil in a range between $50-$50, many oil stocks are falling. Halliburton has major support at $50 which is going to be a great swing trade buy level. Investors should be ready to pounce.   Get my trades and view my Verified... Read More

February 24, 2017 12:25pm

Shares of Target Corporation (NYSE:TGT) just broke out of a bullish consolidation pattern on the daily stock chart. This is a big deal because there is significant upside for investors. The current price is $66.23 and the near-term price target is $71.00. Target Corporation has been hit with the whole retail sector on slowing... Read More

February 24, 2017 10:07am

Most investors are so bullish that they will be too blinded to short 3M Co (NYSE:MMM). However, this is probably the best short trade setup in the Dow 30. The stock has climbed for three straight weeks from $174 to $187.50. On fundamental valuations, the stock is way overbought and in... Read More

February 24, 2017 9:20am

The NASDAQ 100 (QQQ) will eventually correct. Based on technical chart analysis, it will likely be sooner than later. Now please, understand I am not saying the NASDAQ will collapse, begin a bear market or anything else. I am simply saying we are due for a healthy corrective move and... Read More

February 23, 2017 11:01pm

Tomorrow morning at 7:30 EST J. C. Penney reports 4th Quarter earnings. Today's end-of-day sell off, thanks to Trump, may have been a wonderful gift for aggressive traders. Typically, I wouldn't step in front of earnings, but the weekly chart of JCP is shouting more upside off the 3rd hit of the... Read More

February 23, 2017 7:28pm

Shares of Mastercard Inc (NYSE:MA) are hitting a technical double top on the stock chart. I am shorting it at $111.00 and looking for a drop to $100 in the next few weeks. There should be significant resistance here. One of the keys to this short trade is the drop that Mastercard... Read More