• A Closer Look at Apple’s Earnings Report

    by  • April 24, 2014 10:54 am

    Apple had great earnings last night and gapped up +8.28%.  That was actually the 18th largest gap going back to 1990 and largest gap higher in two years! As you can see above, the 25 largest gaps up have seen on average a very slight pullback from the opening gap.  So don’t look to...

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    Ryan Detrick on CNBC Talking Gold

    by  • April 23, 2014 10:35 am

    CNBC Talking Numbers – Gold I was on CNBC yesterday to discuss my technical take on gold.  My pal Steve Cortes was on the fundamentals.  Turns out, we don’t agree! Here is a summary from CNBC. Ryan Detrick, Chief Technical Strategist at Schaeffer’s Investment Research sees gold heading to $1,420 an ounce and says a...

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    Momentum Monday with Howard Lindzon and Joe Donohue

    by  • April 15, 2014 9:50 am

    Yesterday, I was invited to do Momentum Monday with Howard Lindzon and Joe Donohue.  I’m a huge fan of both Howard and Joe, it was an honor and a lot of fun. Howard is the co-founder and Chairman of StockTwits, among many other things.  StockTwits is one of the fastest growing and best ideas...

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    Tuesday Is Holding The SPX Together

    by  • April 11, 2014 9:17 am

    I’ve mentioned before how strong Tuesday has been in 2014.  Well, this next chart hammers home just how true that is. YTD the SPX is down -0.83%.  Taking out Tuesday, this drops to -8.13%!  Gotta love Tuesday. It gets better (or worse, depending how you look at it), as Tuesday is now the only day...

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    So Goes Alcoa Goes Earnings Season?

    by  • April 9, 2014 4:08 pm

    Well, after one day, earnings season is off to a nice start.  Alcoa (AA) kicked things off and finished up nearly four percent on the session.  Does this mean anything? Here’s a fun study we’ve done in the past that says how goes Alcoa goes the rest of earnings season.  Sure, one company really...

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    Is Tech Near A Peak?

    by  • April 8, 2014 9:14 am

    Here’s my latest video.  This time tackle the question if the new HBO show “Silicon Valley’ could be sending a major warning sign for tech.  History says it might be.

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    Not All Golden Crosses Are Created Equal

    by  • April 2, 2014 7:00 am

    A golden cross is a popular technical term that happens when a 50-day moving average trades above a 200-day moving average.  The claim is when the shorter-term moving average crosses the longer-term moving average – this signals an impending uptrend.  The opposite is known as a death cross. Recently we’re seen golden crosses take...

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    Why April Should Finish Higher

    by  • April 1, 2014 2:19 pm

    Last month I broke down why March should finish in the green.  It was a choppy mess, but the SPX did manage to eek out a small gain. As we turn our sights to April, again I think the bulls should stay in control. Getting right to it, the past 40 years April is the...

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    The Stock Market Is Rigged?

    by  • March 31, 2014 11:01 am

    Apparently Michael Lewis just opened up America’s eyes last night that the stock market is rigged.  In an interview with 60 Minutes he explains how everything is rigged to screw the small investor.  Turns out high frequency traders, the exchanges, and big Wall Street firms are taking advantage of your average investor.  By the way, he...

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