• Email :trent@omahacharts.com

If you had to spend the next 5 years on an island and could only eat one type of food, what would it be? Pizza, steak, pasta? That is a conversation “foodies” might have with their friends. If you had to spend the next 5

Read more

Like many industry groups, the Cannabis stocks had a rough go of it in Q4 of last year. The selloff which in my opinion was partially warranted, saw the alternative harvest ETF (MJ) cut nearly in half, falling from $44 to $23. In my opinion,

Read more

Forbes ran an article recently that highlighted a study by the FINRA Foundation that estimated that two-thirds of Americans couldn’t pass a basic financial literacy test. It is no secret that Americans have low levels of financial literacy and find making the right financial decisions

Read more

Good morning and happy Monday. After a thorough scan of markets over the weekend I put together a list of some of the best opportunities from a risk/reward perspective. One of these opportunities comes in the equal-weighted retail index XRT. Part of my analysis is

Read more

Last night Apple announced a rare cut to its sales forecast due to slowing iPhone sales in China. The World’s second largest economy, China has released numbers showing that parts of its economy are slowing and that is putting pressure on markets globally. With respect

Read more

The first trading session of 2019 is bringing a slight relief rally in the beleaguered commodity, and every bounce should be sold with both hands. Taking a look at two charts side by side, on the left we have a weekly chart of USO and

Read more

Happy New Year. I am not wasting any time this year so let’s jump right in to it, shall we? Omahacharts and company put on a trade this past Monday and giggled all the while. While others were debating geopolitics, yield spreads, and corporate profit

Read more

Last Wednesday I did a post on the recent strength in Bitcoin, highlighting a near term profit target of approximately $4200. This has been achieved swiftly. There is no asset class which adheres to technicals and sentiment / investor psychology than cryptocurrency. When I look

Read more

On the anniversary of its all time high, Bitcoin has staged a rally in the face of a global risk off environment. Near the apex of the falling wedge pattern over the past month, you see some heavy sell volume which might signal capitulation. Investors

Read more

Scroll to Top