Wednesday, December 11, 2019 7:30 PM EST
A shaky start to the week has so far managed to hold on to Friday's gains.
Market Commentary
Declan Fallon runs a market commentary blog at Markets.fallondpicks.com, and is a contributor to TalkMarkets and Seeking Alpha. He previously contributed to the Motley Fool. Declan Fallon is also a UI/UX Dashboard Designer for ... more
Declan Fallon runs a market commentary blog at Markets.fallondpicks.com, and is a contributor to TalkMarkets and Seeking Alpha. He previously contributed to the Motley Fool. Declan Fallon is also a UI/UX Dashboard Designer for First Derivatives/Kx Systems.
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Markets Stall Off Friday's Gain
Monday, December 9, 2019 11:55 PM EST
Sellers made a return after a couple of days of gains; losses were light and on small volume but there was no desire to take markets to new all-time highs as profit-takers were the more active parties.
Relief Rallies Face Challenges From Former Channels
Monday, December 9, 2019 12:37 AM EST
After the channel breakdowns last week, indices now face the prospect of challenging former support of these channels.
Reactionary Bounce For Indices
Wednesday, December 4, 2019 6:00 PM EST
After yesterday's gap down there was a bit of a reactionary bounce to the selling. Indices have confirmed breaks from rising channels, so now it's a question of defining how long indices will move sideways for.
S&P Breaks Rising Sep-Nov Channel
Monday, December 2, 2019 6:53 PM EST
It was no surprise to see indices fall to - or out of - their narrow channels as traders look to consolidate the advance.
Russell 2000 Consolidates With Other Indices
Sunday, December 1, 2019 5:14 PM EST
It was a rare Thanksgiving Friday which didn't see indices close higher as has often been the case in recent years. However, there was no significant damage done to indices by Friday's half-day selling as junior traders ruled the roost.
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PERSONAL BLOG
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Work Experience
| UI/UX Developer | |
| Kx Systems | |
| March 2015 - Present (4 years 10 months) | |
|
Front-end designer for business intelligence platforms covering financial market surveillance. |
| Editor and Contributor | |
| Fallondpicks | |
| 2005 - Present (15 years 2 months) | |
| Analyzing market trends. Specialist in U.S. Markets and #sectorbreadth analysis. |
| Senior Market Technician | |
| ActivateClients | |
| October 2012 - March 2015 (2 years 6 months) | |
|
Product specialist and marketing researcher. Improving dealer-client relationships by maximizing returns in the market. |
| Community Director | |
| Zignals | |
| October 2007 - March 2015 (7 years 7 months) | |
|
Financial market technician and strategist. Social media and community development. |
Education
| Market Technician Association | |
| Technical Analysis | |
| 2004 / 2007 | |
| Completed level I, II, and III examinations for Chartered Market Technician (CMT) qualification |
| National University of Ireland, Maynooth | |
| Ph.D., | |
| 1993 / 1998 | |
| Nematology |
| Trinity College Dublin | |
| B.A. | |
| 1989 / 1993 | |
| Zoology |
Latest Comments
Tech Indices Breakout
At some point, semiconductors will emerge from the doldrums. Sure, Semis could take a big haircut: the Philly index is up 350% from its 2009 low (ahead of the 285% gain for the S&P), yet still well off its highs. But to look for a 'lucky if prices only drop 50%,' misses what a canary-in-the-mine sector like Semis has done in a weak economic environment.
Higher Volume Selling, And Bearish Engulfing Pattern In Russell 2000 And Semiconductor Index
Daily Market Commentary: Semiconductors Advance
S&P Disappoints, But Nasdaq And Russell 2000 Play To Form