ETF Analysis & Opinion

The Blue SPY (NYSE:SPY) price channel failed to elect a breakout into a melt-up and is about to be maxed out on the upside. SPY has been creeping up a price channel all week (blue on chart above). The...

Bulls Are Knocking at the Gate: Rejection or Thrust?It's been a while since we saw bulls finding momentum like we've seen last 2-3 weeks, especially this week.Minor term bullishness has attracted the...

Mild rally but quality follow through after the epic rally on Tuesday. SPX is headed for a showdown with key price resistance at the 1990 level. A break through of that level likely sends price up to...

2016 has been a rough year for stocks. January was the worst start to the market ever and by mid February it looked like the world was going to end. But the 11th marked a bottom and all indexes...

If we are beginning a bear cycle – for which we are certainly overdue – even “defensive” stocks won’t protect investors One might take solace if the market is down 30%...

"What seems to us as bitter trials are often blessings in disguise." --Oscar WildeOne of the choppiest days I can recall in some time as we remain very, very, very overbought, but still moving higher...

T2108 Status: 70.8% (overbought for the first time in 414 trading days!)T2107 Status: 28.1% (new high for 2016)VIX Status: 17.7 (cracked below 200DMA)General (Short-term) Trading Call: bullishActive...

Paul Tudor Jones (PTJ), a legendary trader and hedge fund manager, essentially predicted the stock market crash of 1987.In a PBS documentary, PTJ asserted, “There will be some type of a decline,...

From a near-term, P&F chart setup, all eyes on 21.70 in Financial Select Sector SPDR ETF (NYSE:XLF), which if hurdled upon a 21.75 print, will trigger a potential, upside target zone 23.25 to...

"Don't raise your voice, improve your argument." --AnonymousA strong day for stocks that forced me to cover all my short positions for losses. No fun but sometimes it happens. Volume is totally...

Two times in the past 7-weeks the S&P 500, on a weekly basis, has created bullish reversal patterns (bullish wicks) at 2-year horizontal support. At nearly the same time, the interest sensitive...

The markets sold sharply on Monday. Global worries about growth, energy, banks all on the mind of investors. Tuesday wrote a totally different story. It all started with Asia overnight. The Nikkei...

Many investors have now transitioned to a lower stock allocation during the midst of this early 2016 decline. In fact, it has likely created a new sense of reality that it may be time to transition to...

Valid until the market close on March 31, 2016 The S&P 500 closed February with a monthly loss of 0.41% which follows a 5.07% loss in January. All three S&P 500 MAs are signaling "cash" and...