Technical Analysis

Sidelines Are the Safer Bet Right Now

Declining volume and lagging momentum argue against a high-volume breakout in mid and small caps. More 

Trade of the Day: AMZN Stock in for Another Double-Digit Decline

A break of its 200-day moving average confirms a near-term downtrend within a bear market. More 

Stay Far Away From Small and Mid Caps

Sellers are overcoming almost every attempt at a rally. More 

Trade of the Day: PBI Stock Should Deliver for Short Sellers

A definitive downtrend has been established on the chart of Pitney Bowes Inc. More 

Prepare for a Nasty Round of Selling

We can expect a pullback to the 50-day moving averages of the major indices. More 

Buyers May Get Some Good Deals Mid-Month

With the market clearly overbought, a sell-off is likely to provide better prices. More 

Cash in Any Big Profits in Small Caps

An overhead resistance line offers a good place to sell. More 

Small Caps Attack Resistance

It appears a healthy round of group rotation is emerging, but caution is still warranted. More 

Trade of the Day: Manitowoc Company (MTW)

Despite lackluster Q3 earnings, this industrial equipment company did especially well in the last few sessions after two new analyst ratings. The Profit Scanner expects a 27%–33% move higher from the Friday close. More 

Be On Guard for a Classic Bull Trap

Until small caps break out of their sideways tape action, I remain skeptical of the overall advance. More