by Trent Smalley, CMT | Mar 4, 2019 | Investing, Stock Market Commentary
Over the weekend as I was going through my scans, I noticed the trucking and transportation stocks looked to be primed for a move higher. Courtesy of Exodus Market Intelligence, here are some charts supporting my thesis: A. Oscillator Near Oversold Levels As an...
by Trent Smalley, CMT | Mar 4, 2019 | Stock Market Analysis, Stock Market Commentary, U.S. Stock Services Weekly Newsletter
The wisdom of implied volatilities Options are remarkable products that very few people truly understand. The less sophisticated players in fact oftentimes regard them as little more than directional bets on the market. From the professional trader’s standpoint they...
by Trent Smalley, CMT | Feb 25, 2019 | Stock Market Commentary, Stock Market Trends
If you are interested in seeing a price level in which “the market” as judged by the S&P 500 Index (or SPY ETF) should stall out, at least temporarily, look no further. The $280-281 price level should serve as resistance in the near term: Taking into...
by Trent Smalley, CMT | Feb 19, 2019 | Stock Market Commentary, Stock Market Trends, U.S. Stock Services Weekly Newsletter
The bond market is wondering…… Roughly eight weeks ago the stock market was experiencing selling pressure not seen in many years – I would argue a decade. Ever since, things have changed; pundits would tell you “we’re back to normal” – because, of course, up = normal...
by Trent Smalley, CMT | Feb 14, 2019 | Stock Market Commentary, Stock Market Trends
This is just one of many examples as to why I love this industry so much. This morning the US Census Bureau released the December Retail sales numbers. Here is a clip from Marketwatch.com: Scary right? One would assume after such abysmal news it would be reflected in...
by Trent Smalley, CMT | Feb 12, 2019 | Stock Market Commentary
Both $IHI and $XHE have traded higher nearly uninterrupted since the start of 2019. The medical device and health care equipment industries have been on a tear in the early going this year showing no signs of slowing. This past weekend as I was searching through these...
