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 10, 2017 | Stock Market Commentary
Bitcoin The New Gold? Wall Street Strategist Says Yes. (MarketWatch) Tesla Rolls Out First Model 3, And It Goes To Elon (Bloomberg) Apple To Introduce Mirror Like Finish For iPhone 8 (BI) Nobody In Hong Kong Wants A Tesla Anymore (QZ.com) Weekly Sector Rotation Report...
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...
by Trent Smalley, CMT | Jun 15, 2017 | Stock Market Analysis, Stock Market Trends, stocks to buy, Technical Stock Market Analysis
I am quite sure nothing good will come of this, but I have a close eye on Vivint Solar, $VSLR here. One of my RRGs tipped me off that $TAN (Solar ETF) was making a move towards the leading quadrant and may soon begin to outperform. Take a look at the volume profile of...
by Trent Smalley, CMT | Jun 12, 2017 | Stock Market Commentary, Stock Market Trends, Technical Stock Market Analysis
This morning I took down my biggest win yet in Netflix puts. Due to my travel schedule and being away from the screens end of last week and through the weekend, I have very few open positions. One of the few however turned out to be my best realized gain of all time...