ETF Analysis & Opinion

The Transportation sector has been steadily rising since August. That is until it made a new all-time high at the end of September and stalled. Since then it has entered a consolidation phase....

Technical analyst Dave Chojnacki of Street One Financial examines Monday’s much-needed market pullback and updates the important technical levels to watch for the major U.S. indexes as we head...

Financial stocks remain the top-performing US sector for the one-year trend, based on a set of ETFs, but tech’s recent surge suggests that a leadership change may be near.For the moment,...

Here is an advance preview of the monthly moving averages we track after the close of the last business day of the month. At this point, before the close on the last day of the month, all three...

Market technician Dave Chojnacki of Street One Financial kicks off the new trading week with a recap of Friday’s big rally for tech stocks, and updates the important technical levels to focus on...

This week’s Chart of the Week features the Technology Select Sector SPDR ETF(NYSE:XLK).After a remarkable week last week in large cap technology company earnings, on Friday, XLK closed just...

AT40 = 59.3% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 57.8% of stocks are trading above their respective 200DMAsVIX = 9.8 (a 13.3% drop)Short-term Trading...

Current position of the marketSPX: Long-term trend – The bull market is continuing with no sign of a major top in sight. Intermediate trend– Soon coming to an end. Analysis of the...

Altaba Inc (NASDAQ:AABA)Altaba, $AABA, has quietly run higher all year off of a low in December. It moved above the tight 20, 50, 200 day SMA’s (often a point of inflection) in January and rode...

The rising tide of the stock market has lifted all boats over the past several years, but it’s lifted some more than others. Look at returns from just about every time period over the past...

U.S. Homebuilding stocks benefit from an economic expansion. Third quarter GDP growth of +3% beat market expectations despite Hurricanes. Growth was broad-based with positive contributions from...

Even though the market was bug-eyed bullish on Friday, roaring to highs never before seen in the history of humanity, retail continues to crumble. Macy’s Inc (NYSE:M), already down about 70%...

Review and UpdateIn last week’s missive, I discussed the “seemingly impervious advance” being driven by the advancement of the S&P 500 and other US indices towards “tax...

Technical analyst Dave Chojnacki of Street One Financial wraps up the trading week with a deep look at the underlying technicals for the major U.S. averages, which are seeing some divergence as of...