Declan Fallon

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

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Nasdaq Losses Accelerate
Wednesday, March 3, 2021 9:32 PM EST
The potential 'bear traps' quickly stalled and sellers again returned to the fore. Selling in the Nasdaq undercut the lows of the 'bear trap' with a finish on the low of the day.
In this article: IWM, NDX, SPX
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Bear Traps For S&P And Nasdaq?
Monday, March 1, 2021 6:54 PM EST
We had a successful test of support for the Russell 2000 which delivered a low volume bounce with minimal improvement in supporting technicals.
In this article: IWM, NDX, SPX
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Support Break For Nasdaq And S&P
Monday, March 1, 2021 3:45 AM EST
Indices have gone from new high breakouts, to 20-day MA tests, to breaks of trendline support - weakening at each step along way.
In this article: IWM, COMP, SPX, DJI
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Selling Intensifies
Friday, February 26, 2021 3:10 AM EST
Looks like Gamestock Part II has put a scare in the market!While this stock starts another wild ride, the broader market took a step back.
In this article: IWM, COMP, SPX
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Sellers Hit Nasdaq And S&P 50-Day MAs
Wednesday, February 24, 2021 3:49 AM EST
Perhaps a degree of complacency has crept into the market? Today's selling brought the Nasdaq and S&P back to successful tests of their 50-day MAs.
In this article: IWM, COMP, SPX, DJI
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Russell 2000 Makes Its Stand, Ends Week On High
Sunday, February 21, 2021 8:44 PM EST
The Russell 2000 was finally able to post some gains to at least stall the weakening momentum.
In this article: IWM, NDX, SPX Also: QQQ, SPY
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Comments

Latest Comments
Tech Indices Breakout
6 years ago

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.

In this article: IWM, SOXX, SPY, QQQ
Higher Volume Selling, And Bearish Engulfing Pattern In Russell 2000 And Semiconductor Index
6 years ago
Thanks Moon Kil Woong, I like to pair semiconductor action with Nasdaq 100 as a tech-style Dow Theory.
In this article: COMP, SPX, SOX
Daily Market Commentary: Semiconductors Advance
6 years ago
If buyers keep a bid under Semiconductors then it's not slowing. Shorts may be happy to watch a break before getting aggressive: a 'bull trap' (i.e. a closing break above 652, followed by a close below 652 on higher volume) could prove opportune. However, as things stand now, bulls have the advantage.
In this article: COMP, NDX, SOX
S&P Disappoints, But Nasdaq And Russell 2000 Play To Form
6 years ago
Thanks Susan!
In this article: COMP, SPX, SOX
1 to 4 of 4 comments

STOCKS I FOLLOW

AAPL Apple Inc.
NOK Nokia Corporation
QQQ PowerShares QQQ Trust Series 1
SPY SPDR S&P 500
XLU Utilities Select Sector SPDR
XLV Health Care Select Sector SPDR
XUE Xueda Education Group

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Work Experience

UI/UX Developer
Kx Systems
March 2015 - Present (6 years 2 months)

Front-end designer for business intelligence platforms covering financial market surveillance. 
Editor and Contributor
Fallondpicks
2005 - Present (16 years 5 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

Publications