Nothing Has Changed

The stock market continues to make new high and the internals have not change much at all. We will continue to maintain a cautionary stance as the market remains near record high territory.

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Bears Attempting To Take The Stock Market Down

The stock market made another new high last week, but as the week coming to an end, the bears are making another attempt to weaken the market. In this video, we will take a look at these stocks & ETFs: FB, AAPL, AMZN, NFLX, GOOGL, TWTR, GLD, BAC, GS, MS, QCOM, CRM, WDAY, ATHM, CMG, PCLN, ALKS, MCD, ADBE, SNAP, UAA, AGU, MOS, POT, SPY, QQQ, IWM, DIA.

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Notable Charts To Watch - 3/16/2015

Here are some stocks that are showing potential upward price move.

Fertilizer Stocks

The fertilizer stocks are showing sign of moving higher.

Someone Know Something?

Is this just a coincidence or a case of 'there is always someone know something before anyone.'

Something For Everyone

Lot of stocks from different sectors are poise to move higher. Here are some of those stocks from various sector.

The fertilizer sector appears to be waking up after a prolong decline.

Things Got Dicey

Things got a bit dicey last Friday. I was expecting an interesting Friday after AMZN was hammered in the after hour trading on Thursday. When the market is extended and so many traders are just looking for an excuse to sell, it doesn’t take much. After the SP500 pushed above 1300 with a negative advance/decline along with the uncertainty from the uprising in Egypt, the traders found that to be enough reason to sell. Is this sell off the beginning of a correction?

The SP500 still appears it will close above 1300 and the DJIA is destining to move beyond 12,000. Until the SP500 close above the 1300 and the DJIA move pass 12,000 decisively or the SP500 to break below 1262, I will remain cautiously bullish. I would categorize Friday’s sell off as a pull back and I will keep a close watch on some of those stocks that were hit hard during the last couple trading sessions to bounce off their intermediate support.

SP500:



DJIA:



Nasdaq 100:




With food prices rising, the agriculture sector could be an interesting play. Here is the price chart for MOO showing how it is bouncing off its support trend line:



And one of the fertilizer stock Agrium, AGU behaving similarly as the MOO ETF: