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The last few days have seen the broader markets have an impressive rally after last weeks nasty sell off. Twitter Inc (NYSE:TWTR) has also benefited from this bounce, as it was able to move higher by about 10% in just a few days. So is Twitter Inc (NYSE:TWTR) out of the woods when it comes to downside? I say not so fast because the daily chart is showing me a...

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In the last few weeks there has been quite a lot of movement in shares of Chimerix Inc (NASDAQ:CMRX). This company reportedly had a drug that would help fight the nasty Ebola virus. Once the market caught wind of this, Chimerix Inc (NASDAQ:CMRX) shot up nearly 50% in a few trading sessions. Since making a high of $36.75 the share price has dropped about 20% as the...

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As you all know the markets have been on a wild ride the last few weeks, including the SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) . This is an ETF that represents the Dow Jones Industrial Average, which is the index the majority of people can identify with. This index has fallen roughly 10% from peak to trough and this number is what the so called...

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Today the markets are seeing some ugly declines and to the average investor, there seems to be no bottom in sight. Everyone is looking at Ebola as the culprit for spooking the markets. While this might be true, I am looking at Energy Select Sector SPDR (ETF) (NYSEARCA:XLE) as the reason this market has seen a dramatic fall recently. I wrote an article a couple...

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The market "correction" is finally here and there is a sense of fear that is rising. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) has declined roughly about 7% from its high of $201.90, which was made on September 19th. So why is this market getting a bounce today? As you can see from the chart below, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) came into this very...

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Anadarko Petroleum Corporation (NYSE:APC) was one of the market darlings of the energy space. The stock was a key leader in the energy space and definitely helped the markets get to new all time highs. The way I am talking about Anadarko Petroleum Corporation (NYSE:APC) past performance, one would think it happened years ago. However, that is not the case, and...

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In the last few weeks we have seen the markets roll over. It has taken down many stocks and many sectors and First Solar, Inc. (NASDAQ:FSLR) is no exception. The stock is down almost 20% from its high pivot on September 12 of $73.78. The stock of First Solar, Inc. (NASDAQ:FSLR) is starting to get into good levels of support, and now is the time when traders need...

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Today shares of Ebola drug maker Tekmira Pharmaceuticals Corporation (NASDAQ:TKMR) are getting slammed by more than 5%. There is news out that recent Ebola cases are going to be treated with a rivals's drug and not Tekmira Pharmaceuticals Corporation (NASDAQ:TKMR) product. This decline comes just one day after the stock of Tekmira was taken down by nearly 20%....

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As we all know the markets had a negative month in September and it did not start off any better to begin October. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) made an all time high on September 19 at 201.90 and everyone was getting as euphoric as ever with calls of 2100, 2500 and even 3000 for the S&P 500. In typical fashion when everyone is on the same side of the...

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Shares of auto parts maker Lear Corporation (NYSE:LEA) have basically been in a free fall. The equity made a high of $103.74 on September 8 and has since plummeted by nearly 20%. This stock is now starting to come into some good support levels as the daily 200ma is being tagged. Although the 200ma should help ease the fall of Lear Corporation (NYSE:LEA), I will...

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Another new all time high for GoPro Inc (NASDAQ:GPRO) seems to be the phrase every single day. The maker of action and adventure cameras is defying all the odds and destroying anyone who has been able to short this name. However, as we know what goes up must come down and GoPro Inc (NASDAQ:GPRO) will prove to be no exception. You might be wondering where are the...

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For the last couple of months Google Inc (NASDAQ:GOOGL) has been trading in a channel. The channel basically started back in early August at a low of $567.45 and since then the stock has been going up and down in this range. Each time the lower end of the band is tagged, the stock gets a bid higher. When Google Inc (NASDAQ:GOOGL) hits the upper end, traders take...

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The share price of Michael Kors Holdings Ltd (NYSE:KORS) is sure in a funk these days. Long gone are the days where the stock was considered one of the go to retail stocks on Wall St. After Michael Kors Holdings Ltd (NYSE:KORS) went public in December 2011, the stock kept cruising higher, even as naysayers said it wouldn't last. Well on February 25, 2014 the bears...

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The broader markets seem to be in the midst of some type of correction as the sell off is continuing today. With these declines I am seeing potential levels to buy stocks such as 3M Co (NYSE:MMM). This giant conglomerate is off about 1.70% and almost 4% from its high of $147.87, set back on September 19. If this market is indeed headed for lower levels then a...

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Since mid July Lockheed Martin Corporation (NYSE:LMT) stock has been in a steady channel up. Every time the share price hits the lower end of the channel, it gets a bounce. And when the upper end gets tagged the stock sells off. Today Lockheed Martin Corporation (NYSE:LMT) shares price is off by about 1.5% and looking like it may want to head lower in the coming...

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Shares of SolarCity Corp (NASDAQ:SCTY) are being taken down by roughly 7% today. High beta stocks are all declining but the solar stocks seem to be getting hit harder. This could have something to do with the large decline in crude oil over the last several weeks. SolarCity Corp (NASDAQ:SCTY) has had a nice decline over the last couple weeks and is down just over...

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Adobe Systems Incorporated (NASDAQ:ADBE) shares have come under pressure over the last few weeks. The stock was trading as high as $73.58 as recently as September 9. Since then Adobe Systems Incorporated (NASDAQ:ADBE) stock has declined almost 10% and is starting to get attractive for a long side trade. The first level on watch for next week which could provide a...

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Yesterday while I was looking at the chart of Stratasys, Ltd. (NASDAQ:SSYS) I noticed a potential for an inverse head and shoulder pattern. The set up was there, the only thing needed was a close above the neckline on the daily chart. At the close of markets, Stratasys, Ltd. (NASDAQ:SSYS) had indeed closed above the line and the inverse head and shoulders had...