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Quintiles Transnational Holdings: A Simple Bullish Story
Here is a link to my analysis of Quintiles Transnational Holdings (Q) posted on TheStreet.com this morning. Jim Cramer interviewed Tom Pike the CEO of Quintiles on Mad Money last night and he described...
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Salesforce.com Marches On
Shares of Salesforce.com (CRM) dropped in August to test key technical resistance-turned-support at the $64.65 level. This level was the horizontal top of a large rising triangle pattern that formed in...
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Key Close on the S&P 500 Index?
It looks like a key close on the S&P 500 with the index back above the 1990 level; perhaps it has decided which road to take. Of course, the technical picture could change dramatically tomorrow...
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S&P Bearish Shooting Star
Everyone is familiar with the hammer candle. It has a narrow opening and closing range situated at the top end of a wide overall range, and is considered a bullish reversal candle in a down trending...
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Tesla – Recharged and Ready to Run
Here’s my technical take on Tesla (TSLA) from TheStreet.com this morning. The post Tesla – Recharged and Ready to Run appeared first on Rightview Trading.
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S&P – Triangle Tells the Tale
A bearish shooting star (or gravestone doji) formed after yesterday’s volatile session on support at 1990, and that level has been badly broken at this point in today’s session. The uptrend line drawn...
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The Market is Maniacal
Of course, the S&P 500 closed right on the uptrend line, its overall range neatly positioned between triangle support and resistance. The market is maniacal, but its short-to-intermediate term...
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A Third Eveningstar Pattern Forms on the S&P Chart
We’ve all become familiar with the triangle pattern that formed on the S&P 500 chart over the last month. Friday’s range touched resistance and closed on support, and now the integrity of the...
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The S&P: From One Pattern to Another
There has been a lot of talk about the volatility in the market and the daily reversals, but the moves on the S&P 500 chart have come within clearly defined parameters. The August breakdown was...
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End of the Month S&P 500 Multiple Timeframe Check
Short term: the 5, 10, and 20 day moving averages are trending down, but a bullish morningstar reversal pattern has formed on the daily chart in the area of the August low. Intermediate term: the 50...
View ArticleMohamed El-Erian – Packages Up a Potential Rate Hike
The post Mohamed El-Erian – Packages Up a Potential Rate Hike appeared first on Rightview Trading.
View ArticleReader Requests
Have a chart you’d like my technical take on? Email Rob@rightviewtrading.com or “tweet” to @rightviewrob. I’ll take a look and post on the site. The post Reader Requests appeared first on Rightview...
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Volatility Volume – A Major Warning From Tom McClellan
Tom McClellan warns the surge in the iPath S&P 500 VIX ST Futures ETN (VXX) is a “double-contrary” indication in an article published on Zero Hedge. The post Volatility Volume – A Major Warning...
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Happy Birthday, Richard Feynman!
A brilliant scientist, skilled safe cracker, gifted bongo player, and friend of Tuva. He would have been 98 years old today. The post Happy Birthday, Richard Feynman! appeared first on Rightview Trading.
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S&P Channel Test
Despite the false breakout earlier in the month, the subsequent pullback that took it back below its 50 day moving average, the dovish FOMC statement, and the formation of negative candles over the...
View ArticleUS Stocks: Still Safe to Own?
Chart analysis and the case for recoupling by Carter Worth on Friday’s “Options Action.” The post US Stocks: Still Safe to Own? appeared first on Rightview Trading.
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Bill Gross: This is Not Capitalism
Here’s a link to yet another Bloomberg interview with the “Bond King.” It’s nothing knew, just another warning about an apocalyptic credit cycle implosion and the potentially irreversible damage being...
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“Spinning Tops” on the Market Averages
Call them “dojis” or “spinning tops,” but the candles that formed on the charts of the major market indices in Friday’s session are interrupted the same way, as indecisive. I’ll look at the averages in...
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