Ari Wald, Head of Technical Analysis at Oppenheimer, was on Bloomberg’s ‘Smart Charts’ segment with Abigail Doolittle Wednesday afternoon discussing 3 key chart topics that indicate a positive sign for the markets, domestic and international, going forward. While there is still more work to do and resistance levels to get through, Ari believes investors need […]
Strength from Semiconductor Stocks
Semiconductor stocks have been a relatively strong area of the market lately. The Vaneck Semiconductor ETF ($SMH) is up nearly 20% from the lows it made just one month ago. In the past two days alone the sector ETF is up nearly 8%. Perhaps the more amazing thing is that it has been this strong […]
Oppenheimer’s Chief Technical Strategist on Apple and the Overall Market
One of the market’s darling’s, Apple Inc. (AAPL) has taken a hard fall from grace as of late with shares currently down about 36% from the highs made in October 2018. The days of having a $1 trillion market cap seem like a distant memory to many investors. The importance of Apple’s stock to the […]