Guy Ortmann is Senior Technical Analyst and Director of Research at Scarsdale Equities, a boutique investment banking firm in New York. He is a  Chartered Market Technician as well as  a registered fundamental research analyst  (series 86, 87, 7, 63, 24) with almost 30 years of  experience on Wall Street.Expand

His technical research involves general markets, sector specifics and individual equities, that have been noted in  Forbes, Reuters, Dow Jones Newswire among other publications.Collapse

The S&P MidCap 400 closed below its near-term uptrend line.
These stocks are exhibiting bullish and bearish reversal patterns over the past week.
What's really happening in the market right now.
More overhead resistance levels remain.
A significant amount of overhead supply still needs to be overcome.
These names are showing bullish or bearish reversal patterns over the past week.
This action is interpreted technically as a final washout of selling pressure.
The near-term downtrend remains intact, but by some measures we are undervalued now.
The downtrend is still intact; respect it.
These names are showing bullish and bearish reversal patterns.

Columnist Conversations

Just sat down with the COO -- I don't think many understand how experienced this management team is. Would be ...
Earlier this week the market was anxiously looking ahead to the Fed and expected Jerome Powell to provide some...
Wow $27 to $28 open.
View Chart »  View in New Window »


News Breaks

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

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.

FactSet 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.