RevShark Watchlist 062317

After Monday’s sudden gap-and-go day to fresh record highs, the market’s been unable to generate any follow-through, and as of Thursday’s close, is just about where it was last Friday. Underneath, places like retail and energy have been struggling mightily, but...

RevShark Watchlist 062117

We’re already midway through the week, and the action remains as challenging as ever. From a big-picture perspective, the major indices are in good shape. In fact, on Monday, both hit fresh record highs, and as we’ve said before, it’s tough to be too negative when the...

RevShark Watchlist 061417

It’s Fed Day, and while Dr. Yellen and her merry band of fresh-baked cookie pushers have been less of a factor lately, the even can always present a bit of a challenge for traders. Typically, there are a few movers in the morning, but the action typically...

RevShark Watchlist 061317

For quite some time now, active market participants have been flummoxed by the incredibly narrow and persistent strength in the market. Tech, particularly the biggest and most popular names in that sector, have been on an absolute tear, while much of the rest of the...

RevShark Watchlist 060617

If you’ve ever read any of our content, then you’ve probably heard us yammer on about respecting the pricing action rather than trying to predict what the market might do. Given the nature of the persistent upside action over the past several years, “sticking with the...

RevShark Watchlist 060117

A couple weeks ago, you could almost hear a collective sigh of relief as traders all across the land welcomed back their good friend volatility. For months now, active traders have been lamenting the nature of the action. We’ve seen long periods of flat intraday...

RevShark Watchlist 052317

After about 3 weeks of miniscule moves and little volatility, the market experienced its biggest drop since last September. The bears have been predicting for months that a steady stream of negative headlines out of the White House would be the catalyst for the...

RevShark Watchlist 05-04-17: FUEL, QUAD, AKAO, MTBC

There’s been a ton of newsflow lately, but much to the chagrin of traders all across the land, it’s not resulted in any actionable volatility. The Fed yesterday did as expected and maintained a hawkish tone, the earnings docket has been dominated by the FANG names,...

RevShark Watchlist 05-02-17: CCCR, LPTH, GALT, AMKR

For the past few weeks, we’ve been yammering on about the numerous and compelling bearish reasons for a more negative forecast for the market, but have cautioned that, without actual pricing action to confirm those arguments, it was dangerous to let them influence our...

RevShark Watchlist 04-25-17: CAMP, BLDP, QBAK, LPTH

After more than a week of little movement near key near-term support levels, the market caught investors by surprise on Monday by gapping sharply higher and posting solid gains on the session. As we’ve been saying, the bearish arguments have been compelling, but that...

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