by Trent Smalley, CMT | Jun 5, 2017 | Stock Market Commentary
Paulson Client Money Vanishes (Bloomberg) Markets Face Three Big Geopolitical Risks This Week (Bloomberg) Authorities Know London Terrorists’ Identities (NYPost) Shiller Says Market To Rise 50% (NYPost) Bitcoin Close Again To All Time High (BI) A Former Wall...
by Trent Smalley, CMT | May 30, 2017 | Stock Market Analysis, Stock Market Trends, Technical Stock Market Analysis
Heading into a short trading week and the unofficial start to summer, there are a few charts we will want to keep an eye on in effort to keep a pulse on the overall tone of the market. A. Weekly RRG The weekly RRG shows risk off assets $TLT, $XLU, and $XLV have made a...
by Trent Smalley, CMT | May 30, 2017 | Stock Market Commentary
Tiger Woods Arrested For DUI, Blames Pills (Bloomberg) JPMorgan Upgrades UK Stocks (Reuters) Small Cap Tech Stocks That Are Ready For A Breakout (MarketWatch) Skepticism Mounts On Junk Bonds (WSJ) Could We See This Coming!?!! (Trading Analysis w/ Todd Gordon) Flying...
by Trent Smalley, CMT | May 25, 2017 | Stock Market Analysis, Stock Market Commentary, Stock Market Trends, stocks to buy, Technical Stock Market Analysis
Shares of the internet music streaming company have gone over about as well as a turd in the punch bowl as of late, but I think they are primed for a pop soon. Taking a look at a weekly chart of $P taking into account 2.5 years of price data, we can see from the Optex...
by Trent Smalley, CMT | May 23, 2017 | Stock Market Commentary
I am happy to report that I have passed the 3rd and final exam of the Chartered Market Technician’s Program. For anyone that wants to gain an in depth understanding of the inner workings of price action, market theory, risk management, supply and demand...