Bruce Kamich is TheStreet's in-house technical analyst with a 40-year career with a number of bulge bracket firms, accumulating knowledge along the way on commodities, interest rates, equities and ETFs.Expand

Kamich was one of the earliest Chartered Market Technicians, or CMTs, a designation similar to the CFA title. He has authored two books on charting -- "Chart Patterns" and "How Technical Analysis Works." He is a two-time past president of the Market Technicians Association, the professional organization for chartists worldwide.Collapse

Expect a trading range for several weeks before a better rally attempt can get going.
Trends can, and do persist.
I would be a buyer here.
But the price action remains bearish.
Charts suggest further declines for DIY retailer.
We were bearish in May and we're still bearish.
Retailer needs a longer base.
Until M stops declining, I cannot get excited about the long side of this stock.
KSS is likely to continue to trade in a sideways market, but the parameters have changed.
Chart doesn't suggest a stronger market.

Columnist Conversations

Foot Locker's (FL) less than expected quarterly earnings set off a round of selling the entire athletic appare...
View Chart »  View in New Window » Gold has met the first upside target off the last setup zon...
View Chart »  View in New Window »
View Chart »  View in New Window »

BEST IDEAS

News Breaks

Powered by

BROKERAGE PARTNERS

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.