Clif Droke is a staff analyst for Cabot Wealth Network. For over 20 years, he has worked as a writer, analyst and editor of several market-oriented advisory services and has written several books on technical trading in the stock market, including “Channel Buster: How to Trade the Most Profitable Chart Pattern” and “The Stock Market Cycles.”
Articles by Clif Droke
The top five holdings of this ETF are: American Airlines Group Inc (AAL, 13.95% of assets); United Continental Holdings Inc (UAL, 13.54%); Southwest Airlines Co (LUV, 10.63%); Delta Air Lines Inc (DAL, 10.55%); and Alaska Air Group Inc (ALK, 4.12%)
U.S. Global Jets ETF Momentum...
The market remains firm with no internal selling pressure evident. The number of stocks making NYSE new 52-week lows is extremely low and most industry groups are participating in the ongoing rally. I think the dearth of new lows can be attributed to seasonal...
This ETF recently rose above its 50-day Moving Average, a possible bullish indicator. Four analysts have increased their earnings forecasts for the ETF in the past 30 days.
Silver Wheaton Corp. (SLW) From Gold & Silver Stock Report
In light of the immediate-term bottoming attempt the...
PowerShares S&P 500 High Quality Portfolio ETF (SPHQ)
from Momentum Strategies Report
Traders purchased a conservative position in the PowerShares S&P 500 High Quality Portfolio ETF (SPHQ, 23.47; bought at 23.01), our favorite S&P 500 proxy, on October 19. SPHQ recently confirmed an immediate-term buy per...
Momentum Strategies Report is published three times per week. This report covers the broad U.S. stock market as well as six major sectors: Transportation, Financial, REIT, Gold/Silver, Oil/Gas, Semiconductor/Nanotech. Published since 1997, we have an excellent track record for timing the markets using proprietary...