Another week… another look at some of my favorite stock charts. A lot of setup has already taken place, so the key is to look for continued strength in the current momentum. Crocs (CROX) We keep inching closer and closer to that triple digit return, and, if we can stay above $28.20, we are now [...]
Leaders have performed great in the market over the last couple of weeks. Look for this trend to continue through the summer months, so why not ride out the hot hand, right? Below are 5 stocks itching to head higher, and their charts show why these are great candidates. What do you think about them? [...]
Over the last couple of weeks the stock market has become pretty predictable – stocks go down and any gains are mostly diminished as the market reaches closing time. Now everywhere I turn I see an article about turning to defensive stocks, which I feel aren’t as strong of a safe haven as these stocks [...]
[smartads] It’s being called the rally everybody hates. When many traders were skeptical stocks moved higher. Once traders started to give in, stocks moved lower. Who really knows what this market wants to do, but, the undertone, is that stocks still do want to and can go much higher. At the risk of sounding redundant, I [...]
Last week Nike (NKE) was upgraded to outperform with a price target of $84, after reporting a positive future outlook. This move propelled the retailer into all-time high stock prices. See my first look at this stock. What makes this move even more pivotal is that Nike has consistently topped out around $66 for the last couple of [...]
Besides the fact that my closet is decked out with Nike shoes, I feel that this “best of breed” will continue strong for time to come. General Throughts The evolution of Nike has been nothing less of spectacular. They even have a museum set up in New York. For a little over 20 years now, [...]