Ralph Acampora is a legendary market technician. His work and years of experience have earned him the nickname “The Godfather of Technical Analysis.” He was recently interviewed by Jim Puplava on the Financial Sense Podcast. They discuss the Dow Theory sell signal that flashed at the end of last year. Jim begins by asking Acampora: […]
Strength from Semiconductor Stocks
Semiconductor stocks have been a relatively strong area of the market lately. The Vaneck Semiconductor ETF ($SMH) is up nearly 20% from the lows it made just one month ago. In the past two days alone the sector ETF is up nearly 8%. Perhaps the more amazing thing is that it has been this strong […]
David Keller, CMT on Why the S&P 500 is Headed Lower
David Keller, CMT, is the president and chief strategist of Sierra Alpha Research, a technical analysis research firm. Previously, Keller was managing director of research at Fidelity. This week, he made an appearance on Bloomberg along with host, Abigail Doolittle. He presented three charts that suggest the next move for the S&P 500 is lower. He […]
All Eyes on The Dow Transports
Charles Dow is known as the grandfather of technical analysis for his ideas that lead to the formation of Dow Theory. One of the main concepts within Dow Theory is confirmation. Confirmation happens when The Dow Transportation Average confirms the trend of the Dow Industrial Average. In other words, the companies that transport the goods […]
Why Traders are Bullish $SQ
The S&P 500 is now over 12% from the low it made only a month ago. Fears of a bear market seem to be easing and many traders are now hunting for quality stocks that were dragged down with the rest of the market. One stock, in particular, that seems to be getting a lot of attention […]