Watch the $VIX
The CBOE Volatility Index ($VIX) is testing a confluence of support in the 15.50 zone, which could ultimately lead to a bullish reversal in this index. Such a move could have an adverse affect on the major market indexes. Here’s why..
Major Resistance in $TEX
Terex Corporation ($TEX) is testing two-year highs and has run into a major confluence of resistance, which could lead to weakness ahead. Take a look..
Is the Dow Headed for 11,000?
The Dow Jones Industrial Average ($DJI) reached new yearly highs today, topping out at 11,480.03. However, the index may have put in a temporary top, as we could see a short term reversal ahead. Here’s why..
Time to Buy $PCX
Patriot Coal Corp. ($PCX) is in the midst of a great buying opportunity that could yield a 15% move in the next two weeks of trading. Here’s why..
Netflix to $220?
Netflix, Inc. ($NFLX) has been a highly bullish stock the last two years and has simply exploded in 2010, reaching highs of over $200 a share. However, the recent pull-back in price suggests we could see a new all-time high printed soon. I’ve got three reasons why Neflix could be headed for $220.