On Monday, Instinet’s Frank Cappelleri posed the following question in his morning note: “So, what are the true leaders? The areas that are UP the most from the lows? Or the ones that are the first to make NEW HIGHS?” I thought this was a great point as we have a dichotomy in the market right […]
Two Long Opportunities Brewing in Technology
Since the December 24th low and subsequent fierce rally, many investors have been caught off-guard. It is fair to say opinions and outlooks on the market couldn’t be more different. Some traders feel recent price action is a bear market rally while others believe we are heading back to all-time-highs. Regardless of your opinion, one […]
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 […]
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 […]
