by Trent Smalley, CMT | Jan 7, 2019 | Stock Market Analysis, Stock Market Trends
Good morning and happy Monday. After a thorough scan of markets over the weekend I put together a list of some of the best opportunities from a risk/reward perspective. One of these opportunities comes in the equal-weighted retail index XRT. Part of my analysis is...
by Trent Smalley, CMT | Jan 3, 2019 | Stock Market Analysis, Stock Market Trends
Last night Apple announced a rare cut to its sales forecast due to slowing iPhone sales in China. The World’s second largest economy, China has released numbers showing that parts of its economy are slowing and that is putting pressure on markets globally. With...
by Trent Smalley, CMT | Jan 2, 2019 | Stock Market Commentary
The first trading session of 2019 is bringing a slight relief rally in the beleaguered commodity, and every bounce should be sold with both hands. Taking a look at two charts side by side, on the left we have a weekly chart of USO and on the right daily. You can see...
by Trent Smalley, CMT | Jan 2, 2019 | Stock Market Commentary
Happy New Year. I am not wasting any time this year so let’s jump right in to it, shall we? Omahacharts and company put on a trade this past Monday and giggled all the while. While others were debating geopolitics, yield spreads, and corporate profit targets for...
by Trent Smalley, CMT | Dec 24, 2018 | Stock Market Trends
Last Wednesday I did a post on the recent strength in Bitcoin, highlighting a near term profit target of approximately $4200. This has been achieved swiftly. There is no asset class which adheres to technicals and sentiment / investor psychology than cryptocurrency....
