by Trent Smalley, CMT | Apr 4, 2017 | Stock Market Analysis, Stock Market Commentary, Stock Market Trends, Technical Stock Market Analysis
Shares of Chinese tech giant Baidu are nearing what I project to be the beginning of a major move. A major move in which direction? If I knew the answer to that, I sure as hell wouldn’t tell you. 🙂 Let’s take a look at what the price action is telling us....
by Trent Smalley, CMT | Apr 3, 2017 | Stock Market Analysis, Stock Market Commentary, Stock Market Trends
Almost A Decade Later, U.S. Money Markets Are Yet To Recover (Bloomberg) How Long It Takes To Regain Concentration After Texting On Your iPhone (MarketWatch) Take An Aerial Tour Of Apple’s New Campus (NYPost) A $12 Billion Startup Looks To Cure Baldness &...
by Trent Smalley, CMT | Mar 30, 2017 | Stock Market Analysis, Stock Market Commentary, Stock Market Trends
The above image is perhaps what comes to mind when you picture the name Lululemon. The quarterly results just reported by the company however, look more like this… Headlines read as follows: “Lululemon shares crater on weak outlook.” “Lulu...
by Trent Smalley, CMT | Mar 28, 2017 | Stock Market Analysis, Stock Market Commentary, Stock Market Trends, Technical Stock Market Analysis
I have been staring at the same chart in $SNAP for about 10 days now. Due to this I am too fatigued to say a whole lot about it, so I will lay out some images below and let you be the judge. Deal? Deal. I am so very long calls at multiple strikes and expiry’s....
by Trent Smalley, CMT | Mar 27, 2017 | Stock Market Analysis, Stock Market Commentary, Stock Market Trends, Technical Stock Market Analysis
Charts Show Alarm Bells Ringing On Trump Trade (Bloomberg) Dollar Hits Lowest Level Since November (Reuters) Dow Poised For Longest Losing Streak Since 2011 (Wall Street Journal) Buffett Giving Away A Fortune That Just Keeps Growing (Omaha.com) iBankCoin Labs...
by Trent Smalley, CMT | Mar 26, 2017 | Stock Market Analysis, Stock Market Commentary, Stock Market Trends, Technical Stock Market Analysis
After a sharp sell off recently, the investment banking giant Goldman Sachs may be coming into a level where we can look to profit on the long side. Take a look at what I am seeing below: $GS is sitting right on the 23.6% Fibonacci Retracement Level of the most...