by Trent Smalley, CMT | Dec 11, 2018 | Stock Market Commentary, Stock Market Trends
TURRIBLE. In other news, me and my boys took a long (yes a long) in $CRC here. Relief rally, fib level, or maybe an act of God will take this one higher as he feels bad for our accounts which have been left in tatters. Get it with us. Or don’t....
by Trent Smalley, CMT | Jul 20, 2017 | Stock Market Analysis, Stock Market Commentary, Stock Market Trends, Technical Stock Market Analysis
A quick follow up to my post from last week (Just Keep This On Your Screens)… Don’t get too excited, yet as this could be a failed breakout just as easily, but something to pay attention to very closely. If the weekly candle can close with a...
by Trent Smalley, CMT | Jul 19, 2017 | Investing, Stock Market Commentary, Stock Market Trends, stocks to buy, Technical Stock Market Analysis
In Q1 of this year, I took a significant chunk of long term money and began buying this little $IPI stock. I don’t make it a habit of investing long term into stocks that are trading around a buck, but there is a method to this madness. Take a look at the charts...
by Trent Smalley, CMT | Jul 12, 2017 | Investing, Stock Market Analysis, Stock Market Trends
And thank me later. This chart of the $XLE has been screen burned into my mind’s eye. Ever so slightly, the relative strength of this sector may be sloping up. I want to see a break above this downtrend line, and for price to hold above this level for a few...
by Trent Smalley, CMT | Jul 3, 2017 | Stock Market Analysis, Stock Market Commentary, Stock Market Trends
Tesla Model 3 Gets Regulatory Nod For Production (Reuters) Why Investors Should Brace For A Devastating Oil Shock (MarketWatch) 10 Best Independent Beers For The 4th Of July (MarketWatch) The Best First Half For Global Stocks Since 2009 (TRB) Microsoft Reportedly Set...
by Trent Smalley, CMT | Jun 22, 2017 | Stock Market Analysis, Stock Market Commentary, Stock Market Trends, Technical Stock Market Analysis
If you have been paying any attention to the U.S. Stock Market recently, you have seen the major rotation into Biotechnology stocks. Interest in the group may be correlated to the Obamacare repeal vote, but one chart in particular was all I needed to know that this...