Technical Analysis

Past Doesn’t Bode Well for the Bulls

The major indices are once again pushing up against their old highs. More 

Trade of the Day: Silver Miner ETF SLVP Set to Soar?

A spike in a price ratio points to a rally in iShares MSCI Global Silver Miners ETF. More 

Momentum Favors the Bears in the Short Term

The intermediate trend is still up, but the market currently lacks follow-through. More 

Trade of the Day: Buying Opportunity Emerging in EEM

A pullback within a new uptrend should provide a good entry point in iShares MSCI Emerging Markets Indx (ETF). More 

Market Pattern is Positive, Though Suspect

Traders should still exercise caution at this juncture. More 

Trade of the Day: Pounce on AMGN Stock on a Pullback

A decline to the 200-day moving average would provide an excellent entry point in Amgen, Inc. More 

Biotech May be Bargain Hunters’ Next Target

Buyers seem to be focused on only the most beaten-down sectors. More 

Trade of the Day: ABX Stock is My No. 1 Gold Miner

Following a big run, a pullback may offer a good entry point in Barrick Gold Corporation (USA). More 

My Top Gold Pick Is…

Investors should take notice that miners are behaving better than stocks in other sectors. More 

Trade of the Day: Low-Priced WPX Stock Could Pop 20%

WPX Energy Inc is high risk, but the chart shows powerful technical developments. More