A Short-Term Inverse Head & Shoulder

The market made all time highs on Monday June 9th, 2014. Early on Tuesday morning, S&P 500 futures are treading water – below 3 points. They have been underwater since yesterday’s close. Now, they seem to be making a quite turnaround. Overnight, Asian markets rose to three-year highs. Shanghai rose by +1.1%, Hong Kong by +0.9%, Seoul by…

An Intel Bounce On Cards? Maybe

The tech bellwether, Intel has had some tough trading days in the last few weeks. In My 2012, INTC made an eight year high of 29.27. Since then it has been downhill for the semiconductor behemoth. First, the news came in August that Warren Buffet’s Berkshire Hathaway had dropped its Intel stake. Berkshire shed all…