Financial stocks ready breakout ($FAS)

Financial stocks are poised to move higher, as we continue to see bullish consolidations in broker/dealers, insurance, and banking stocks.…

11 years ago

Pullback buy entry in cloud computing ETF ($SKYY)

On the weekly chart below, we see that $SKYY cleared the top trendline of a long-term channel just under two…

11 years ago

Support resistance levels for the S&P 500 ETF ($SPY) and Russell 2000 ETF ($IWM)

To be clear, we are not saying that $IWM will pull back to the aforementioned support level. Some corrections are…

11 years ago

Counter-trend swing trade in Gold Miners ETF ($GDX)

Market Vectors Gold Miners ETF ($GDX) has been in pullback mode since late August, but recently broke the downtrend line…

11 years ago

Bull flag breakout in Basic Materials ETF ($IYM)

After forming a bullish reversal candle on big volume during the second week of October (off the 10-week MA in…

11 years ago

Breakout in Frontier 100 ETF ($FM)

Since May, iShares MSCI Frontier 100 ETF ($FM) has been tightening up on the weekly chart, with each selloff from…

11 years ago

Financial sector pulling back in to support ($FAS)

After breaking out last week above the highs of the base and the downtrend line, Direxion Daily Financial Bull 3X…

11 years ago

Stalling action in the NASDAQ ($QQQ)

With the market extended in the short term, most of our focus is on monitoring key support levels for low-risk…

11 years ago

The real estate sector is in trouble ($IYR)

We continue to monitor a potential short setup that is developing in iShares Dow Jones US Real Estate ($IYR). The…

11 years ago

Japan ETF ($EWJ) close to breaking out

We remain long iShares MSCI Japan ETF ($EWJ) from our pullback entry in early October around $10.70. Although $EWJ has…

11 years ago