Alan Knuckman

Analyst Articles

J.C. Penney Company (NYSE: JCP) shares lost more than half of their value in 2012. The sell-off came after posting multi-year highs above $43 in February, even against a backdrop of a tough economy.  A $20 support base has been violated with the latest price push to the downside. As… Read More

J.C. Penney Company (NYSE: JCP) shares lost more than half of their value in 2012. The sell-off came after posting multi-year highs above $43 in February, even against a backdrop of a tough economy.  A $20 support base has been violated with the latest price push to the downside. As… Read More

The Energy Select Sector SPDR’s (NYSE: XLE) chart shows a six-month technical wedge pattern from $61 to $77 with higher lows and lower highs, and gives traders an initial bullish breakout target of $85. The five-year chart of the energy ETF shows the same pattern with 2007 highs and a target… Read More

Over the past few months I have recommended using a cash-secured put selling strategy with Facebook (NASDAQ: FB). As the options sold expired worthless, we were essentially getting paid not to own the stock. When the stock was put to us at a discounted price, following my… Read More

Over the past few months I have recommended using a cash-secured put selling strategy with Facebook (NASDAQ: FB). As the options sold expired worthless, we were essentially getting paid not to own the stock. When the stock was put to us at a discounted price, following my… Read More

It looks like the summer of 2013 could be a repeat of last summer with extreme volatility in crop prices thanks to more potential drought concerns. Little if any snow cover or moisture to replenish the soil across much of the Midwest leaves the season ahead vulnerable to another price… Read More