Technicals

( click to enlarge ) Molson Coors Brewing Company (NYSE: TAP) has the perfect set up to make a nice run. The break out point would be at 53.11. From a technical standpoint, the stock is trading above 20/50-day and 200-day EMAs with all major moving averages pointing upwards. In addition,...

  Zinc did retest 1817 lows as expected but stops below 1812 were not activated & we saw a nice bounce. If we can beat 1836 today look for tricky resistance at 1843. A push through 1851 then opens the door to strong resistance at 1863 where we should struggle. Exit longs & try...

  Nickel looking oversold in the short term. We should bottom out & hold above 14609 lows now. If we can beat 15000 look for 15107 & possibly as far as 15194 today. Above here however we run in to tough resistance at 15222/280 which could cap a bounce this week. We cannot rule out...

  Copper just held support at 7130 as hoped & headed higher beating resistance at 7212/13 as we look for 7314. We should struggle here but above 7325 could allow a push on towards resistance at 7367/69. This level should be a challenge & it may be wise to exit longs & try...

  Aluminium tested resistance at 1845/50 & could push above 1860 today & reach for 1880/85. This could hold the bounce so a high for the day is possible but shorts need stops above 1895.   Failure to beat 1845/50 risks a slide towards Wednesday’s low at 1821 &...

It’s hardly what statisticians would consider scientific data but it’s telling, none-the-less. The Bloomberg Global Poll is a survey that was conducted with 906 Bloomberg customers on May 14. According to the back story, Bloomberg interviewed the respondents using their Bloomberg terminal....

According to Elon Musk's Wikipedia page, he first conceived of the idea for SolarCity (NASDAQ: SCTY), a company founded by his cousins Lyndon and Peter Rive, at the annual Burning Man festival in the Nevada desert. Like many of Musk's various inspirations, today SolarCity is a thriving company...

( click to enlarge ) Shares of Lifelock Inc (NYSE: LOCK) are starting to heat up again and are worth watching. If volume can pick up I think this stock can break through resistance at $10 and re-test its recent highs around 10.2 ( click to enlarge ) Pacific Biosciences of...

On Wednesday, May 15, shares of solar products and services company SunPower (NASDAQ: SPWR) were trading at new 52-week highs in the wake of a bullish forecast. In afternoon trade, the stock was up around 12 percent to $21.24. The day's gains are on top of a huge rally in the name in 2013, with...

Wednesday is turning out to be a very bad day for Apple (NASDAQ: AAPL). First, Business Insider reported that Julian Robertson, who runs Tiger Management, recently liquidated the balance of his Apple stake. This is particularly significant because his hedge fund was one of the last remaining...