German Stocks In Trend Limbo
The key German DAX Index is bouncing between two important trendlines. All global equity eyes were on the stock of Deutsche Bank (DB) this week as folks…
Saudi Stocks Due For More Good News?
News of OPEC production curbs occurred fortunately – but not surprisingly – as the Saudi stock market was testing key long-term support. The big news…
Post-February Uptrend In Stocks Being Tested
Key indices across the U.S. equity market are testing their uptrend lines stemming from the February lows. It’s only fitting that today’s Chart Of The…
Is This Sleeping Dragon Ready To Awaken?
The Chinese stock market has been eerily quiet of late – is that about to change? Outside of a record tight 2-month trading range in…
The Wedge That’s Driving Facebook’s Stock
The stock of Facebook has been in a rising wedge pattern for most of its lifetime – and the pattern is nearing a resolution. Today’s…
Mexican Stocks Pass Breakout Test With Flying Colors
The Mexican stock market tested its July breakout to all-time highs – with resounding success. We’ve mentioned a number of markets over the past few…
Traders Quickly Get Comfortable With Stocks Again
Short-term volatility expectations plummeted during Wednesday’s post-Federal Reserve meeting stock market rally. As readers are likely aware, our biggest concern regarding stocks going into September…
European Bank Woes Resurface
Calls of capitulation in European banks this summer appear to have been premature. Last Friday, we mentioned the potential “false breakout” in the broad European…
A Breakdown Here In This Sector Would Not Be Healthy
The post-2009 bull market in drug stocks is currently being threatened. In the midst of the selling pressure last week, we mentioned that several indices…
European Stocks Suffering Double Failed Breakout?
European stocks attempted breakouts of key short and longer-term trendlines earlier this month; each of them appear to be failing. With the past week’s global…