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Intel Approaching Major Support

Intel Approaching Major Support

by | May 8, 2019 | Chart of the Day, Charts

Intel took a major hit on April 26 following a rather uninspiring earnings report.  The stock closed that session with 10% loss, it’s biggest one day decline in years.  INTC has been drifting lower since and at this week’s low the upper band of a major...
So, How Did Your Week Go?

So, How Did Your Week Go?

by | May 4, 2019 | Chart of the Day, Commentary

Highest Weekly Closes in History: S&P 500 Index Nasdaq Composite Index Russell 3000 Index Wilshire 5000 Index The Genius that is Paul Krugman, Nobel Prize winner, Economics professor, 4.5M twitter followers, November 9th 2016:   “If the question is when...
Biotech Update

Biotech Update

by | Apr 5, 2019 | Charts, Commentary

The BIB(ProShares Ultra Nasdaq Biotechnology Index) is finishing out the week on a high note.  The index is less than $1.00 away from posting its best weekly close since mid October.  The current set up is quite bullish.  We consider the BIB a low risk buy near...
10 Straight For The Nasdaq

10 Straight For The Nasdaq

by | Mar 7, 2019 | Market Update

More great stuff from the desk of Ryan Detrick: The Nasdaq Composite Index is up 10 straight weeks for first time since Dec 1999. That was a very bad time to be bullish stocks. Here’s the catch, looking at the other 7 times it got to 10 weeks in a row? The...