Account Information

  • My Account

    Manage all your subscriptions, update your address, email preferences and change your password.

  • Help Center

    Get answers to common service questions, ask the analyst or contact our customer service department.

  • My Stock Talk Profile

    Update your stock talk name and/or picture.


How To Collect Your Share of My Million Dollar Giveaway

How To Collect Your Share of My Million Dollar GiveawayWe recently kicked off the most outrageous initiative in the history of investment research. It’s called the Income Millionaire Project. And the goal is simple: create 1,000 income millionaires. That’s a $1 billion goal! No one has ever tried it before, but that doesn’t bother me. I’m so sure you can use this program to make a million bucks… I’ll pay you $1,000 to start your journey. Go here for details.


Technical Nuggets: Trump Rally Is Wounded but Not Quite Dead

By ID Analysts on March 13, 2017

Fears of higher interest rates and more policy uncertainty from Washington DC gave traders the excuse they needed to sell stocks over the last two weeks. As bad as that may have felt, since its record close on March 1, 2017, the Standard & Poor’s 500 Large Cap index of stocks (SPX) had only dropped 1% by March. But things may change rapidly; the current technical picture is one of a market that is at a crucial decision point.

The S&P 500 found support at its 20-day moving average on March 10, while the OBV (On Balance Volume) indicator bounced higher. This is a bullish development, especially when OBV held its ground during the selling earlier in the week. The MACD (Moving Average Convergence/Divergence) and the MFI (Money Flow Index) had been overbought before the decline and did not suffer terrible damage during the weeklong selloff. This suggests that the selling was more in the line of profit taking than position liquidation. Indeed, OBV is suggestive that traders are once again buying the proverbial dip in the market.

The NYSE Advance/Decline line sold off along with the market, but also seems to have found support at the lower Bollinger Band (Blue line), which is typical behavior for prices and the NYAD as well. The RSI (Relative Strength Indicator) has been an excellent coincident indicator with the NYAD, and it is oversold (lower panel). The ROC (Rate Of Change) indicator suggests the likelihood of a momentum change is also possible (lower panel, second box). Together, the support at the Bollinger Bands and the activity in RSI and ROC suggest that the decline is closer to being over than it is likely to continue.

Overall, the action in the market last week looks like profit taking and not a change in the long term trend, which means, barring a major change, prices are likely to move up again once the Fed makes its move toward higher interest rates.  However, if the S&P 500 breaks below 2310, we could see further downside action. 

By Joe Duarte

You might also enjoy…


12 Stocks Virtually Guaranteed to Go Up in 2018

You may not believe it, but I have a calendar in my hands right now that tells me the exact date and time when a few stock are practically guaranteed to go up. 

Twelve of them, in fact.

And if you were to invest in them following the simple buy and sell instructions found in this calendar…

You could be making $1,181… $11,814…. and as much as $190,916 more than by using a “buy-and-hold” strategy.

And here’s the best part…

I’m giving away a few copies of this calendar to interested investors (First come, first served).

With this calendar, you could get higher profits with less risk.

Click here to get the full story, and to claim your copy.

Stock Talk — Post a comment Comment Guidelines

Our Stock Talk section is reserved for productive dialogue pertaining to the content and portfolio recommendations of this service. We reserve the right to remove any comments we feel do not benefit other readers. If you have a general investment comment not related to this article, please post to our Stock Talk page. If you have a personal question about your subscription or need technical help, please contact our customer service team. And if you have any success stories to share with our analysts, they’re always happy to hear them. Note that we may use your kind words in our promotional materials. Thank you.

You must be logged in to post to Stock Talk OR create an account.

Create a new Investing Daily account

  • - OR -

* Investing Daily will use any information you provide in a manner consistent with our Privacy Policy. Your email address is used for account verification and will remain private.