If the charts are to be believed, the path of least resistance for Biogen, Regeneron, Celgene and Gilead is up-up-up. In fact, these 4 biotech stocks are known as Jim Cramer’s “4 Horsemen of Biotech.” Although these stocks’ fundamentals have appeared bullish to Cramer for quite some time, he often turns to technicals for further…
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That was not a bad first half of 2014! The SPX 500 is definitely the big winner, as it is up a solid 6% and was able to hold steady every month since January. It obviously proved the old adage of a down January wrong (“As January goes, so goes the rest of the year”).…
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Freeport McMoRan Copper & Gold (FCX) has been expanding their portfolio to include oil discovery, natural gas, and drilling, and with this diversification, they have gone through a complete makeover. I’ll cut right to the chase: their chart shows a strong move upward that may continue. The stock has enjoyed strong turnover and a blitz…
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Admitting you are wrong is really, really hard – no matter what the situation. When it comes to options trading though, you have to be careful. Many traders and investors let their ego get in the way rather than admit they made a mistake – and that leads them down a very calamitous road. I…
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Bob got the pre-holiday session started with his state of the market address and talked about some recent trading ideas. He taught some lessons about the MACD, how it’s used and how he uses it and why it is a great tool for predicting options. Bob also showed the better uses of weekly options. He…
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Bryan Ashenberg joined me for a mid-year Trifecta Stocks update. So far in 2014, we are lagging – that’s part of the game – but we are making big strides and are looking to enjoy some nice gains over the coming months. We talked about Amazon, which didn’t quite make the quant cut, so we…
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Canadian Solar (CSIQ) has positioned itself for a strong move, which you can see on the chart below. Its recent breakout on strong volume is a great “tell” for what we could see going forward. In fact, now that is has broken the downtrend line, it looks like Canadian Solar has clear skies ahead. Old…
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Chinese Internet stocks have mostly corrected since the beginning of the year, but the big dog Baidu is up nicely for 2014. After a sharp 15% correction in April, the stock moved higher. Its chart now showed a beautiful cup/handle pattern on June 24, and the next day the stock really blasted higher on better…
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Shares of The Allstate Corporation (ALL) are just a few cents away from its 52-week high. “Mad Money” host Jim Cramer digs into why my chart is “textbook bullish.”
For the last several years, bonds have been a great choice – in 2013 they were solid but could not beat stocks, and in 2014 the race is on once again. Many have been pointing to enormous over-valuation of debt, huge supply and the problems beset by the Fed and their QE ambitions. But we…
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