On Tuesday, Bank of America Chief Technical Strategist Stephen Suttmeier appeared on CNBC to give his thoughts on the current environment and what he sees for the remainder for 2019. Stephen first notes the 2800 level, a zone that nearly all technicians are paying attention to at the moment, as it is a major resistance area. […]
Two Leaders Rolling Over on Daily RRG
Julius de Kempenaer, the investor of Relative Rotation Graphs, has pointed out an interesting developments on the Daily and Weekly RRGs. I, for one, am a huge fan of RRGs and they’re something I monitor on a constant basis. In regards to the shorter-term Daily RRG, Julius points out to two Sectors which have been […]
Willie Delwiche & Current Market Trends
On Monday, Baird Strategist Willie Delwiche gave his thoughts on where we currently stand in the market. What I love about Willie’s approach is that it’s very straight-forward, in that it’s mainly just a bunch of charts. And as we know, charts speak a thousand words. He covers all eleven sectors and many sub-industries in […]
The Three Charts Louise Yamada is Watching
Louise Yamada is a legendary technician with nearly four decades of experience navigating markets. She was head of technical research at Smith Barney before starting her own shop, Louise Yamada Technical Research Advisors, LLC. Her work is highly respected among institutional investors and she’s often featured in various financial media outlets. Yesterday Louise made an […]