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Is Crude Oil Coiling for a Breakout?

Is Crude Oil Coiling for a Breakout?

Since May of 2019 price has made three trips between $52 and $63 but neither the bulls nor the bears have mustered up enough momentum to break out... yet.

Posted in /CL, Commodities Trading, Crude Oil, Stock Charts, Think or Swim

Will GBP/USD Continue its Ascent?

Will GBP/USD Continue its Ascent?
Pound dollar traders are watching this week/month's price action for clues on what may be next for this news sensitive pair.  Since the about face in price direction during the summer of 2019 the bulls seemingly have taken charge but may be facing some resistance or sideways action in the near term. 
Posted in Brexit, British Pound, GBP/USD, Stock Charts, Think or Swim, US Dollar

Has Microsoft Stock Found Its Top?

Has Microsoft Stock Found Its Top?

When someone mentions Microsoft often the first thing that comes to mind is undoubtedly Bill Gates, and for good reason.  Technology pioneers like Gates and Steve Jobs have had such a significant impact on technology and ultimately society that one can only wonder what if they didn't do what they did...

But, we're not here to talk about that rather, we would like to ponder whether or not after nearly 20 years has Microsoft stock price found its new top? 

Oh WOW.... Tesla!

Oh WOW.... Tesla!
While everyone and their brother seems to be talking about Disney Plus this week Tesla (TSLA) stock price has come roaring back the past few months to double its summer low but facing some possible resistance.  See what could be next... get your free TOS chart link.
Posted in Brexit, Corporate Earnings, Elon Musk, NASDAQ, Tesla, Think or Swim

The "Math Path" to DOW 30,000

The "Math Path" to DOW 30,000
Many market "experts" have been predicting a market top and some even hinting at a recession...  Those who think we're currently in a recession must not have lived through the financial crisis of 2008-2009, or when the Dot com bubble burst, or when the bottom fell out of the DOW in 1987... 
Posted in China Trade Talks, Corporate Earnings, Dow Jones Industrial Average, FOMC, Stock Charts, Think or Swim

Bi-Directional Targets for Gold

Bi-Directional Targets for Gold
Gold prices have slipped about $110 since Labor Day to fall under 1460 for the first time in about three months and is quickly approaching a key decision level in the 1445-1450 zone.  The question is will the bulls step in at this key level or will the slide continue?  Free TOS chart link!
Posted in Brexit, China Trade Talks, Commodities Trading, Corporate Earnings, Dow Jones Industrial Average, Gold, Stock Charts, Think or Swim

US / China Trade Talks Continue to Fuel Upside Movement in the Indices

US / China Trade Talks Continue to Fuel Upside Movement in the Indices
The bulls didn't pause for long as the US / China trade talks continue to fuel upside movement in the indices reaching fresh all time highs in 3 out of the 4 major markets...
Posted in China Trade Talks, Dow Jones Industrial Average, NASDAQ, Russell 2000, S&P 500, Stock Charts

Russell 2000 Spotlight: Decision Time!

Russell 2000 Spotlight: Decision Time!
While the S&P 500 and Nasdaq flirt with fresh all time highs and the Dow not far behind, the Russell 2000 comes into focus as the market decide...
Posted in Brexit, China Trade Talks, Corporate Earnings, FOMC, Russell 2000, Stock Charts, Think or Swim

FAANG Stocks for Halloween?

FAANG Stocks for Halloween?

If you've never heard of the FAANG basket of stocks it's likely you have heard of the companies that it is made up of.

FANG is the acronym for four high-performing technology stocks in the market – Facebook, Amazon, Netflix and Google (now Alphabet, Inc.). 

Posted in Amazon, Apple, Corporate Earnings, FAANG Stocks, Facebook, FANG Stocks, Google, Netflix, Stock Charts