Ending on Friday, the third quarter was BRUTAL to say the least. Most major averages are down nearly 14% over the last three months, all while volatility has spiked and remains at a very high level. The S&P 500 saw a beautifully executed head and shoulders pattern in July which sent shares lower and... Read more
Posts Tagged ‘Stock Charts’
LAST CALL FOR OPTIMISM: ENTER Q4
October 2 | Posted by Kevin Monaghan | Top Story Tags: Channel Trading, Currency Risk, DFS, Discover Financial Services, Emerging Markets, FDX, Fedex, Head And Shoulders, Interest Rates, Nike, NKE, Range Bound Trading, RMB, S&P500, Stock Charts, Technical Trade, Term Deposit
Gold Shows No Sign Of Slowing Down – Plenty Of Upside To Come
August 8 | Posted by Kevin Monaghan | Top Story Tags: GG, GLD, Gold, Gold Chart, IAU, Precious Metals, Silver, SLV, Stock Charts, Support & Resistance, Technical TradeWe took a look at the charts for Gold and Silver to see what we thought the future holds for these precious metals. Since Gold and Silver currently have no problem with demand, we turned to the technical charts to see where 2012 prices would land. GOLD 2012: $1,925 We give Gold a $1,925 price... Read more
Under Armour (UA) Shares Soar 533%! Is It Time To Go Short?
July 4 | Posted by Kevin Monaghan | Top Story Tags: AU, Earnings Report, Nike, NKE, Profits, Resistance, Short Sale, Short Trade, Stock Alert, Stock Charts, Support, Technical Trade, Under ArmourUnder Armour (UA) shares have had a spectacular bull run from about $12.50 to the current $79.23 (up 533%). Can the run continue… maybe? However we’re starting to think the upside potential is getting ahead of itself. The company releases its quarterly earnings report this month and while they will show year over... Read more
Global Markets At Key Technical Points! What’s The Trade?
June 17 | Posted by Kevin Monaghan | Inside Trader Highlights Tags: AAPL, Apple, China, Credit Crisis, FXI, Markets, MSFT, S&P500, Shanghai, Shanghai Composite, Shanghai Index, Shares, Stock Charts, Stocks, Technical TradeThe summer pullback is in full swing. Markets across the globe are letting worries get the best of them as the problems of the credit crisis still linger and further financial damage seems more inevitable than ever. One saving grace is that corporate earnings are only a few weeks away. If the markets... Read more
