Department Store May Soon Be Headed For The Sales Rack

Department Store May Soon Be Headed For The Sales Rack

Burlington Stores, Inc. engages in the retail of off-price apparel and home products. It offers women’s ready-to-wear apparel, accessories, footwear, menswear, youth apparel, baby, coats, beauty, toys, and gifts.  Take a look at the 6-month chart of Burlington (BURL)...
ETF Sector Spotlight For 12/15/2022

ETF Sector Spotlight For 12/15/2022

Market Recap For December 15th, 2022 Yesterday’s forecast was for a likely lower move in stocks. Once the key levels gave way, the rest was history. Additional levels fell towards the close, which implies the larger market forces are still taking stocks lower, as...
ETF Sector Spotlight For 12/14/2022

ETF Sector Spotlight For 12/14/2022

Market Recap For December 14th, 2022 Although the release of the FOMC statement yesterday created the typical intraday volatility, when it was all said and done it wasn’t a meaningful day. Of course, Tuesday’s close was bearish, and Wednesday’s didn’t do much to alter...
ETF Sector Spotlight For 12/13/2022

ETF Sector Spotlight For 12/13/2022

Market Recap For December 13th, 2022 Well, the question of a possible market rug pull was answered emphatically once the morning’s CPI numbers were released. No dice. Instead, stocks skyrocketed right out of the gate. Shortly thereafter, the drift lower began, and...
ETF Sector Spotlight For 12/12/2022

ETF Sector Spotlight For 12/12/2022

Market Recap For December 12th, 2022 In somewhat of a surprise, markets were green all day yesterday, and even ended up with a very good day overall. Again, a little surprising that traders and investors would want to load up going into the always volatile CPI...
ETF Sector Spotlight For 12/09/2022

ETF Sector Spotlight For 12/09/2022

Market Recap For December 9th, 2022 Friday started out similarly to the previous two, but by the end of the day markets had fallen firmly into the red for good. Along the way, the NDX confirmed a short-term rising wedge, while the S&P broke out of the bottom of...
This Is Why Deere (DE) May Be Ready To Pop

This Is Why Deere (DE) May Be Ready To Pop

Deere & Co. engages in the manufacture and distribution of equipment used in agriculture, construction, forestry and turf care. It operates through the following segments: Agriculture and Turf, Construction and Forestry and Financial Services.  Take a look at the...
ETF Sector Spotlight For 12/08/2022

ETF Sector Spotlight For 12/08/2022

Market Recap For December 8th, 2022 As suggested in yesterday’s Spotlight, markets made the turn higher on Thursday, even if they failed to follow through much after the initial open. Thursday’s close didn’t leave much conviction for the bulls or bears, but the larger...
ETF Sector Spotlight For 12/07/2022

ETF Sector Spotlight For 12/07/2022

Market Recap For December 7th, 2022 Although markets closed slightly lower yesterday, the losses were small, and most stocks seemed to find green anyway. The Nasdaq and S&P finished with the look of a security preparing to make a turn higher, as where the Dow...
ETF Sector Spotlight For 12/06/2022

ETF Sector Spotlight For 12/06/2022

Market Recap For December 6th, 2022 Not only did the S&P fail to hold the trendline support cited in yesterday’s Spotlight, but that failure also confirmed a bearish wedge formation, which is terminal. Lower prices, overall, should be coming, and if our larger...