The discussion of the Financials sector underperforming has been growing louder as a potential concern on financial social media. This week Financials were the 2nd worst performing sector as well as the worst performer on Friday alone. At 14% of the S&P 500, Financials are an important sector to say the least. Many investors argue […]
Ari Wald: Undercover Participation Leading the Market Recovery
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 […]
Rotation Into Cybersecurity Accelerates
Tom Bruni, Technical Analyst at AllStarCharts, provided a ‘Chart of the Week’ on Monday discussing the relative strength and recent breakout in Cybersecurity stocks relative to the S&P 500. This really is a great chart provided by Tom. For investors who follow the market daily, the strength in Technology, and specifically Cybersecurity, Software and Cloud […]
John Roque on Technical Analysis Radio Podcast
This week JC Parets, host of the Technical Analysis Radio podcast, had on special guest John Roque. Mr. Roque has been in the industry since graduating from Fordham University with an MBA in 1990. His career began at Safian Investment Research where he was first introduced to charting stock prices by hand on paper. John […]
David Keller: Neutral on the S&P 500, Bullish on Gold
David Keller, President of Sierra Alpha, was on TD Ameritrade’s Morning Trade Live with host Oliver Renick this past Thursday where they discussed the S&P 500 trading levels, breadth, momentum and Gold. To begin, David and Oliver hit on the overall indecision and lack of clarity in terms of the lack of direction in the […]