Andrew Nyquist

Investors can find and invest in leadership in any sector. However, one sector that has been a sign of broad leadership and market risk is the Semiconductors. When the semiconductors are lagging, the market tends to be a bit dis-jointed. When the semiconductors are leading, the market tends to be full of joy. Today we […]

This story came out today about Trump’s potential policy on cannabis.  The statement by Chris Christie: When I was asked about the election, I talked about 3 commonalities among both candidates.  Therefore, I am not too surprised to see Chris Christie’s statement.  Sign up for our FREE newsletter and receive our best trading ideas and […]

As long as stocks are rising, bullish investors want their cake and to eat it too. Doesn’t matter what the concern is… Until it does matter. Today is a really short and easy read with little to no technical analysis. Just a macro observation that investors should be watching, in my opinion. Interest rates have […]

It’s been a wild ride for the real estate sector and investors. After the covid crash, the stock market perked up and investors grabbed real estate while interest rates were extremely low. But as energy prices rose, so did housing prices. But home buyers didn’t care, they continued to buy until interest rates began rocketing […]

The lifeblood of the U.S. economy is the consumer. And this shows its face through the SPDR Retail Sector (XRT). Retail has been a MAJOR under-performer for the past several months, warning that the economy is in worse shape than analysts contend. Many pundits have written off inflation as a mild im…

Is it time for investors to start following the Bullish Percent Index? This breadth indicator remains elevated and is beginning to flash caution signals.

How correlated has the US Dollar been to US equities? This analysis includes historical US Dollar charts with correlations to equities.

If Apple's stock price is going to move higher once again, it will need to break above this key AAPL technical resistance level.

Apple's 10 year monthly bar chart reveals some clues about where the tech behemoth may be heading into 2013.

Google (GOOG) stock appears to be coiling below key resistance and just above uptrend support. Expect volatility as the stock gets ready to move.

Every December, Todd Harrison and Minyanville put on an amazing holiday party benefitting the Ruby Peck Foundation. This year was one of the best yet.

By Andrew Nyquist After a monster rally, Google (GOOG) dropped in equally quick fashion to the 200 day moving average and its 61.8 percent Fibonacci Retracement level (640). From there, GOOG stock has rebounded to an important confluence of resistance, including the 50 day moving average, the 50 percent Fibonacci Retracement level, and downtrend line. Take […]

By Andrew Nyquist Pretty heavy market lately. In late October I posted a blog with charts showing some key support levels for active investors to focus on. Those levels included S&P 500 1394 (.382 Fibonacci retrace) and 1375 (.500 Fibonacci retrace, and at the time the 200 day moving average). Well the index briefly violated the […]

By Andrew Nyquist Copper has had a rough go of it lately. As the global financial markets have pulled in, Copper prices have dropped roughly 9 percent. Question is, how far might Dr. Copper have to fall before it catches a bounce? And are Copper prices trying to tell us something about the health of the […]

By Andrew Nyquist On Tuesday, Apple (AAPL) traded through pivot support around 660. As mentioned in my last update, the 50 day moving average was first support, albeit a weaker one than the pivot itself. Apple found it’s way down to 650 and the 50 day ma before putting on a 2 day rally. Problem is, […]

By Andrew Nyquist Well, so much for the boring sideways market! Although some may have been caught flat footed on the direction of the move, most should have see a big move coming. For one, many market participants were engaged in political gridlock of sorts (pun intended), spelling out their respective bullish or bearish cases. This […]

By Andrew Nyquist Below is a chart showing the relative outperformance of Gold and the S&P 500 vs the US Dollar since the June bottom in equities. What’s interesting to note is the correlation dislocation through late July, indicating investor confusion; both the dollar and the S&P 500 were rising. This was due mainly to the situation […]

By Andrew Nyquist After surging Monday on weekend news that Apple (AAPL) was taking it to Samsung in the courtroom, the stock has slowly pulled in all week; this could set up as a bearish trend week. As well, the stock has breached the hourly trend line from the recent 570 lows, so caution is warranted […]

By Andrew Nyquist In late 2011, I was fortunate to connect with Sascha Freimueller and Ryan Held, two very bright, experienced industry professionals that were in the process of founding their own hedge fund, now known as Dufour Capital.  As you can imagine, I jumped at the opportunity to further educate readers (and myself) by way […]

Mar 11, 2012 ... Simply put, a backtest occurs when a support or resistance area breaks and the price soon thereafter comes back to retest or validate that break ...