This article is part of the series

Wall Street Struggles to Gain Traction

By The Chartman FOXBusiness

In general, the past week was positive, but boy, the market sure doesn’t have a lot of traction. In fact, DC-area folks will realize the market is lot like the Nationals: it can’t seem to put a win streak together that lasts any longer than two days.

Continue Reading Below

That said, I noted last week the potential head & shoulders was positive, and so far, that’s holding.  I still think a strong day is in order to establish some upside momentum.

When I think of “funk” I think of my battle with Google (GOOG).  Its steady drip down is killing me, but hopefully it’s one big day away from a comeback.

On the other hand, I’ve been doing well with ConocoPhillips (COP) and I think that will continue.  Friday marks a good ‘buy’ signal.

Continue Reading Below

Back next week to see if I’m still wrestling with GOOG!

By Gary B. Smith

Gary B. Smith joined FOX News Channel in 1999 and is currently a regular commentator on "Bulls & Bears," including his own segment called, "The Chartman."

What do you think?

Click the button below to comment on this article.