Tuesday, January 23rd, 2018

The earnings season is upon us and we have seen some stellar earnings in many names. Most of the S&P earnings are above estimates in the quarter so far and that is also fueling the upside in stocks. The market seems to be consolidating here after a huge rise last 4 weeks. SPX, RUT and […]

US economy and European worries are driving these down turns in the stock market. Will this be the end of stock market ? How much selling can go on? I don’t have the answer for the last question rest of them are in the video you can watch. The big money is fixated with Greece […]

The stock market is in a correction. How deep and penetrating this correction will be only stock pundits and fortune tellers can hawk those numbers to you. As a Technical analyst I can only show you where it has been and what you can expect based on the charts itself. We don’t predict the stock […]

The market is selling off. All major indexes are down 1 or 1.5 percent and VIX has jumped up 1.5 points. Most of the leaders are under pressure and they are down from $5 to $15 at the moment. The sell off may continue here, unless we pull up over 1400 on SPX and close […]

Just a little not much.. This the intraday chart on SPX, please click to enlarge. The market is certainly pulling back here and the upside momentum is on hold. SPX is down 12 points and RUT down 11.5 at this writing. The stochastic is showing a curve at the top in lower pane on daily […]

Here is Jim Crammer talking about why April is a rough month. There are number of things that are undermining people’s confidence. The gas prices, food prices and the wrangling over the budget. Not to mention there are three wars that are fought at the moment. This kind of rattles the public and stocks are […]

Chipotle Mexican Grill founded in 1993 is a leading restaurant group stock that has been on rise in the last 2 years. , its involved in development and operation of fresh food Mexican restaurants, tacos, burritos and salad bowls. The company operates nearly 1000 restaurants in US and Canada. This leading stock gave a stellar […]