technicals

In a tumultuous day for Wall Street, a widespread sell-off sent shockwaves through the financial landscape as U.S. stocks faced the brunt of a dangerous surge in Treasury yields. The 30-year Treasury yield surged to 4.95%, marking a sharp 15-basis point jump in a single session, while the 10-year...

All three leading U.S. stock indices — the S&P 500, Nasdaq 100, and Russell 2000 — have simultaneously breached a crucial technical support level this week. The break below the widely-watched 50-day moving average, a technical indicator that gauges the average closing price over the past 50...

"You’ve got to know when to hold ‘em. Know when to fold ‘em. Know when to walk away. Know when to run." -Kenny Rogers The past year for shareholders of Exxon Mobil Corporation (NYSE: XOM) has not been pretty. At the end of July of last year, XOM had risen to an all-...

Brian Shannon thinks it’s possible for $105 to become a resistance level, instead of support. Shannon is the founder of Alphatrends, in addition to being a full-time trader, educator and author of “Technical Analysis Using Multiple Timeframes.” He recently joined Benzinga...

Pfizer Inc. (NYSE: PFE) shares are sitting right below key technical resistance at $30.31. Is this a short-seller's dream set-up, or is it a stock that's gathering steam for a major breakout? What The Bulls See... • A healthy, Treasury-beating dividend yield of 3.50 percent...

This week, Akorn, Inc. (NASDAQ:AKRX) offers a great buying opportunity for a short-term swing trade. As a stock, Akorn has a bevy of favorable characteristics that make this set up a swing-trader's dream. The stock is situated in the Pharmaceuticals sub-industry, dabbling in Biotechnology...

Traders and investors long on Las Vegas Sands Corp. (NYSE: LVS) have been in endurance mode for the last six months after the stock peaked at $88.28 in early March. Shares are down more than 30 percent in the time since. So, what's happening at the company and its key markets that's...

Pfizer Inc. (NYSE: PFE) stock has bounced off the August lows and is now working to challenge the short-term downtrend line resistance at around $30. Do the company's fundamentals call for higher prices? Pfizer shareholders, like so many in the big pharma sector, long for the days of...

Starbucks Corporation (NASDAQ: SBUX) stock has been laboring through 2014 with a net negative performance year to date. Shares are back in correction mode after an April to July rally. How much farther can they drop? Starbucks shareholders have been in endurance mode ever since the stock made...

Since peaking on July 24 at 1985.75, the S&P 500 stock index futures swooned nearly 100 points before it bottomed at 1,890.25 during premarket trading on August 8. Geopolitical concerns were the catalyst for the decline, as Russian troops amassed on the Ukraine border, with many pundits...

The recent drop in the market, and in the share prices of high flyers from Apple to Google, has many investors wondering if "this is it" for the indexes. We’ll take a look at the technical picture in a moment, but let’s first list some of the issues working now in the...

Wall Street is always a battle. The bulls have a list of reasons supporting their opinion prices, such as: economy slowly improving, unemployment situation improving, low interest rates, higher home values, decent earnings, the US is a better investment than anywhere else in the world. The bears...