Trade Recommendation: Buy EVHC and EQT on Selling Exhaustion

16:21 12/12/2017

The S&P 500 Index (SPX) continues its ascent as it knocks on immediate resistance at 2,660. Currently, the index is traversing overbought territory. Ideally, it takes a dip now and fill the gap between 2,640 and 2,646 which was created on December 8,

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Trade Recommendation: Ride ETN and EW on Breakout

18:00 11/12/2017

The S&P 500 Index (SPX) flexed its muscles on Friday, December 8, as it gapped up, opening nearly 10 points higher than its previous close. With volume going below its 20-day average, the market’s telling us that sellers are running out of ammunition.

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Trade Recommendation: Buy BBY, ZNH, CLX, and USCR

17:00 11/12/2017

The S&P 500 made a new intraday lifetime high on Monday of last week, but it could not sustain the gains. Over the next two days, the index declined, however, the bulls stepped in at 2624.75 levels, as the news flow turned positive. The index gained g

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Trade Recommendation: Invest in GLW and DVN On Strong Bullish Signals

17:37 06/12/2017

The S&P 500 Index (SPX) went as low as 2,665.19 before succumbing to selling and closing at 2,639.44. Volume has been above average for the last four trading days. Bears are taking profits while bulls are aggressively buying. Technical indicators sugg

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Trade Recommendation: Buy DPS and DUK on Breakout

14:59 06/12/2017

The S&P 500 Index (SPX) continues to experience selling pressure as expected. The last five candlesticks show wicks above the body, indicating that attempts to rally have been met with profit taking. The good news for bulls is that volume is beginning

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Stock Recommendatinon: Buy USAT, MAXR, and MNST

21:58 04/12/2017

The S&P 500 continued its upward march last week. However, the rally has pushed the RSI to the most overbought levels in the past two decades. This, coupled with a high P/E makes the markets susceptible to a correction in case of any adverse news.

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Trade Recommendation: Buy CXO and COP On Strong Reversal Action

16:09 04/12/2017

The S&P 500 Index (SPX) went as low as 2,605.52 before bouncing and closing at 2,642.22 on Friday. The price action created a long wick that suggests that market participants are strongly defending the 2,600 support. While this is considered bullish,

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Should You Short Alibaba?

19:58 03/12/2017

A blog post about Alibaba and Chinese e-commerce companies more broadly by an accounting/auditing blogger has recently made its rounds on the internet. Most investors first became aware of it after is was shared on Twitter by Muddy Waters Research, an inv

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Penny Stocks Struggle In November, Creating Opportunity For Gains

09:00 30/11/2017

Penny stocks weakened beginning in October, with market players focusing on tax cut legislation hoping to boost blue-chip earnings in upcoming quarters, according to the Investopedia Stocks to Watch for November. The Russell-2000 small-cap index suffered,

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Trade Recommendation: Buy COF and KMX Based On Breakout Potential

16:43 29/11/2017

The S&P 500 Index (SPX) soared by 25.62 points yesterday on good volume, the most since it gapped up back in September. The move confirms our bullish bias and lends support to our strategy to trade stocks that are breaking out.  More importantly, the

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Trade Recommendation: Buy CA and COG Based on Multi-Year Reversals

16:19 28/11/2017

The S&P 500 Index (SPX) continues to stay above 2,600 on below average volume. It appears that many usual market participants have yet to return from the holidays. Consolidation at this level is good news for the bulls. Turning the 2,600 resistance in

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These Breaking Out Stocks Offer Handsome Returns

16:02 27/11/2017

The S&P 500 Index (SPX) has finally closed above the 2,600 resistance. This is good news for investors as breach of that level supports our bullish bias. However, the breakout occurred with very light volume. The index must stay above the 2,600 mark i

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Trade Recommendation: Buy IIN, PDVW, and ULH

05:30 27/11/2017

The US stock markets continued their magnificent run last week. The S&P 500 has broken above another critical level of 2600. The markets have been so bullish that they haven’t even seen a fall of greater than 3% since November 04 of last year.

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Reap Instant Profits By Buying Breaking Out Stocks

14:45 22/11/2017

The S&P 500 Index (SPX) briefly manages to go above 2,600 before closing a point under that mark. The index finally broke out of its tight range to end the day up by 16.89 points. The bulls have taken the fight to the bears, and it appears that it’s o

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Hop on Stocks Breaking Out From Multi-Year Downtrends

14:57 21/11/2017

The S&P 500 Index (SPX) continues to stay below the 2,600 mark and is currently trading at a narrow range of 6 points over the last two days. The index is tightening which means it is bound to make a move soon. SPX has managed to recover its immediate

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