Arch Capital Group (ACGL) is forming a classic head and shoulders pattern, which as you can see in the video below. This is typically a bearish chart pattern, signaling that the stock may be getting ready to break down. Since the pattern implies...
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Major indices continue to be locked in a range as we await the outcome of the debt ceiling negotiations. The maneuvering reminds me of the old Mad Magazine SPY vs. SPY comic strip, in which bulls and bears try to out-smart each other, projecting out...
Read More – ETF Watchlist – Tuesday was without a doubt a bearish day. However, it is not yet enough to call for a reversal from the bullish trend we’ve been experiencing, it’s still too early to call for that. Right now, you can still look at this as...
Read More Today’s big stock pick is one we have analyzed a couple times in the recent past because of the setup it has continued to hold. Alibaba’s (BABA) descending triangle, as you’ll see in the video, has continued to hold with the stock’s price...
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