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2014 Oct 17, 1:22pm
Sometimes You Need To Close Your Eyes And Buy
Last Friday, the S&P 500 index futures closed on its lows for the session as well as its lowest level since early August (1894.25). After a brief pop to 1906, it was lights out as the index cratered 93 handles before bottoming at 1813 on Wednesday morning. The main catalyst for the decline...
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2014 Oct 16, 3:10pm
Celldex Therapeutics Breaks Resistance
Since September 19, the S&P 500 has only had six up days. Two of those up days were gains of less than three points. When the market declines in such a fashion, it's hard to find too many stocks that are bucking the downtrend. At some point, however, the stock market will turn and...
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2014 Oct 16, 2:56pm
The Importance Of After-Hours And Premarket Trading
There is another whole realm of trading that takes place between 4 p.m. and 9:30 am. EST. After-hours trading for equities commences after the 4:00 p.m. close and continues until 8:00 p.m. While the stock index futures continue to trade around the clock, the equities markets reopen at 4:00 a.m...
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2014 Oct 16, 12:08pm
United Technologies Stock Paints An Ugly Picture For Industrials
United Technologies Corporation (NYSE: UTX) stock may have to be looked at by more analysts and investors as a "tell" of things to come for the market. The stock peaked in April of this year, failed to eclipse that high on its first test in June and has gotten crushed since then,...
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Cisco Systems: Buy The Dips Or Sell The Rips?
2014 Oct 15, 4:33pm
Cisco Systems, Inc. (NASDAQ: CSCO) shares have been bludgeoned by the broader market selloff. Is the stock just a victim of the markets or is it actually one of the culprits that tells of where the market may be headed? The stock has been a laggard versus the NASDAQ 100 for quite some time --...
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Qualcomm Stock Sitting Right At The Long-Term Uptrend Line
2014 Oct 15, 4:02pm
Shares of Qualcomm, Inc. (NASDAQ: QCOM) have been crushed recently right along with the broader market. Unlike the market, Qualcomm shares are sitting right at their long-term uptrend line support at $70.37, which corresponds nearly perfectly with the horizontal line support created by the...
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EBay Bulls Must Step Up Before A Scary Head & Shoulders Formation Plays Out
2014 Oct 15, 3:51pm
EBay Inc (NASDAQ: EBAY) shares are getting precariously close to a key technical support level in the midst of this nasty market selloff. Ebola, war, economic slowdown all are weighing on the market in general. With all of the index selling going on, eBay's stock is not surprisingly getting...
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Amazon Stock Needs To Capitulate Further Before This Selling Is Done
2014 Oct 15, 1:46pm
Amazon.com, Inc. (NASDAQ: AMZN) shares have been leading the market to the downside before and during the current broad market selloff. Even an impending earnings release is not emboldening the Amazonians out there this time around. Technical Update Amazon has been a weight around the neck...
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2014 Oct 14, 3:09pm
Fading Jim Cramer's Bullish Take On The Cruise Line Sector
Jim Cramer pre-records his "Mad Money" broadcast and can't control news events that take place after his show airs on CNBC. However, the after-hour traders that react to his comments may want to be careful after his recent musings on the cruise line sector. On the September 30...
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2014 Oct 14, 12:42pm
The 3 Most Volatile Biotech Stocks
When volatility picks up the market is typically in the midst of a decline. It can also be very difficult to navigate the larger swings that inherently come with those declines. However, investors might invite increased volatility if it were to the upside. So, why not be prepared for a market...
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2014 Oct 13, 2:33pm
Will Twitter's Stock Find Its Footing And Lead The Market Again?
Twitter Inc (NYSE: TWTR) has been a market leader on the upside for months now. However, with the disclosure that ISIS and ISIS sympathizers were threatening to kill key Twitter personnel, including CEO Dick Costolo, the market forces took Twitter shares down hard for the first time in quite a...
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2014 Oct 13, 12:05pm
Is Apple Stock A Safe Harbor For Investors During Market Turmoil?
Apple Inc. (NASDAQ: AAPL) shares have been able to shake off a hostile market condition and a bug-filled product launch to maintain its short-term market leadership position. This is somewhat surprising given just how volatile conditions have gotten for the broader market. In such conditions,...
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2014 Oct 13, 8:43am
Tesla's Stock Says Investors Were Expecting More From The 'D'
Tesla Motors Inc (NASDAQ: TSLA) built up investors' hopes big time leading into the rollout of the new "D" version of its already popular sedan. The product may be a long-term success, but it failed to live up to the hype on Friday. In all fairness, nothing short of an...
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2014 Oct 13, 8:28am
Netflix Holding Up Better Than Most Go-Go Stocks
Netflix, Inc. (NASDAQ: NFLX) has certainly pulled back off of its September highs, just like the overall market. Two things distinguish Netflix from the market, however. First, Netflix peaked at $486.30 on September 9, a little more than a week before the S&P 500 topped out. Second, while...
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LinkedIn Shares Have A Bit Further To Fall Before Bulls Stand Their Ground
2014 Oct 12, 5:09pm
LinkedIn Corp (NYSE: LNKD) stock has deteriorated quickly along with the broader market, except LinkedIn clearly topped out (on September 9) prior to the market doing so on September 18. Just as the S&P 500 may have some short-term support just below Friday's close, LinkedIn appears to...
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