If IBM Drops and Holds This Key Level, It’s Bound to Recover

By | October 17, 2017

Wall Street is expecting a 22nd consecutive quarter of declining revenue from IBM (IBM), when the company reports its third-quarter earnings results after the close Tuesday. Disappointing first- and second-quarter reports this year were followed by downside gaps in the stock price, but this time may be different. The stock has moved back above several… Read More »

Small Cap Stocks Head for a Breakdown That Could End the Broad Market Rally

By | October 16, 2017

The Russell 2000 Small Cap Index is up over the last 52 weeks, but it has lagged the broader market indices, under-performing the Nasdaq Composite by 50% in that time. This disconnect could be about to accelerate as the iShares Russell 2000 ETF (IWM) chart illustrates, and the danger is this continuing small-cap deterioration will… Read More »

If Honeywell Drops Even Lower, Here’s Where It Becomes a Great Buy

By | October 11, 2017

Investors are having trouble digesting the news that Honeywell (HON) is spinning off its transportation and home industries businesses to concentrate on its aerospace operations. The stock price has pulled back off its highs and looks like it is headed back down for a retest of its 200-day moving average. If that were to be… Read More »

Cramer Goes ‘Off the Charts’ on Semiconductors

By | October 11, 2017

Cramer’s charts suggest these semiconductor stocks can still soar from CNBC. With technology stocks on fire this year, Jim Cramer decided to go Off the Charts with Bob Lang to take a closer look at the semiconductor sector. Lang is the founder of ExplosiveOptions.net and is a contributor to TheStreet.com’s Trifecta Stocks newsletter. Lang noted… Read More »

Starbucks Perkin’ Up – Poised For A Volatile Move Higher

By | October 10, 2017

Starbucks Corp. (SBUX) is a very profitable company with promising growth opportunities in China, and yet for the last two years the stock price has gone nowhere. In October 2015 it was trading around $56 and that’s where it is today. But the stock has been retesting long-term support and the technical indicators are suggesting… Read More »