The iShares Nasdaq Biotechnology ETF ($IBB), which we have been long in the model ETF trading portfolio of The Wagner Daily since August 14, showed relative strength by rallying 0.9% while the S&P 500 was flat yesterday (August 22). More importantly, it closed just above an area of near-term horizontal price resistance. For swing traders who missed our […]

Continue Reading...

Based on our proven technical trading strategy, today’s stock market video uses our new, free stock screener software to highlight the Potential Breakout or Pullback swing trade setups of a few stocks that may be poised to rally in the coming days. Press the “play” button to watch the video below (view full screen in HD mode for best quality): If you would […]

Continue Reading...

Based on our proven technical trading strategy, today’s stock market video uses our new, free stock screener software to highlight the Potential Breakout or Pullback swing trade setups of a few stocks that may be poised to rally in the coming days. Press the “play” button to watch the video below (view full screen in HD mode for best quality): If you would […]

Continue Reading...

The S&P 500, Dow Jones Industrial Average, and Nasdaq 100 indices have reached pivotal “make it or break it” levels that may lead to a tug-of-war between bulls and bears and a bit of volatility in the coming days. Specifically, each of these indexes are now testing key resistance of their multi-year highs that were […]

Continue Reading...

Based on our proven technical trading strategy, today’s stock market video uses our new, free stock screener software to highlight the Potential Breakout or Pullback swing trade setups of a few stocks that may be poised to rally in the coming days. Press the “play” button to watch the video below (view full screen in HD mode for best quality): If you would […]

Continue Reading...

Since selling off to “undercut” support of its 50-day moving average two weeks ago, the inversely correlated ProShares UltraShort Euro ($EUO) has been trading in a tightening, sideways range, holding above support of its primary uptrend line and 50-day moving average. As the daily chart pattern below illustrates, the primary uptrend has been in place […]

Continue Reading...

Yesterday (August 16), the main stock market indexes rallied to break out above the confines of their week-long consolidation patterns. Most importantly, the bullish breakout was confirmed by increasing volume in the broad market. Total volume in the Nasdaq surged 27% above the previous day’s level, while turnover in the NYSE rose 17%. Since yesterday’s […]

Continue Reading...

Stocks got off to an encouraging start yesterday, as the Nasdaq and S&P 500 indices gapped to open above the highs of their week-long consolidation patterns. However, in an opposite pattern of the preceding two days, the broad market reveresed in the afternoon, causing the main stock market indexes to fade to new intraday lows […]

Continue Reading...