Technical Analysis

Bullish Reversal in Dollar Would Spell Trouble

Confirmation buying in the dollar index could put more pressure on stocks and commodities. More 

Trade of the Day: CVS Stock Could Offer Some Defensive Upside

While it may not be the sexiest play, CVS Health Corp is showing relative strength. More 

Will This be a Classic Turnaround Tuesday?

Investors seemed almost giddy Monday, pushing stocks higher in the face of bad news. More 

Trade of the Day: SBUX Stock Cooling Off Again

The sideways movement in Starbucks Corporation is likely to lead to another leg lower. More 

Trade of the Day: IBB Breaking Down

Some notable technical damage favors more downside in iShares NASDAQ Biotechnology Index (ETF). More 

Weight of Evidence Points to Stocks Heading Lower

At the very least, the market has limited upside from here. More 

Bearish Reversal Doesn’t Bode Well for Stocks

While some follow-through selling is needed to confirm, we could be entering a corrective period. More 

Trade of the Day: BAC Stock Fails at a Crucial Juncture

Follow-through selling confirmed a bearish reversal in Bank of America Corp. More 

Market Needs a Reset Button

Some significant sideways consolidation, at the very least, is warranted. More 

Trade of the Day: VMW Stock Readying for Its Next Breakout

Following a post-earnings pop, VMware, Inc. has consolidated in a tight range. More