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The Chartman

How Long Will the Bullishness Last?

By Gary Smith The Chartman FOXBusiness

  • 1. Looking at Friday's Rally

    Looking at Friday's Rally

    Sometimes technical analysis is pretty straightforward. Other times, it’s a bit murky. The current action falls into the latter camp: some may see the end of the week’s action as bullish. I agree with that, but I’m skeptical how long the bullishness will last. I see a small continuation and then a further selloff. Reason? Bounces usually last after a double-bottom. Triple bottoms usually give way to more selling.

  • 2. GoPro a Buy?

    GoPro a Buy?

    Remember when GoPro (GPRO) was a must-have stock? Sadly those days are gone, but is it worth buying now? Not yet.

  • 3. Gold on a Tear

    Gold on a Tear

    The SPDR Gold Trust ETF (GLD) trade has been hot. I doubt it will remain so.

    Back next week to see if my uber-bearishness was justified!

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