Senior Market Technician at ActivateClients

Declan Fallon is the Senior Market Technician for ActivateClients Ltd., and Community Director for Zignals.com.  Declan Fallon runs a personal blog at markets.fallondpicks.com, is a former ... more

ALL CONTRIBUTIONS

Rallies Slow As Semiconductor Selling Eases
Markets experienced early gains but gave them back by the close of business. Given the mini-rally of the past five days, some of the indices are looking vulnerable to a new round of selling.
Read
Semiconductor Index Offers Shorting Opportunity At 50-Day MA
While most indices were able to post small gains it was left to the Semiconductor Index to post a small loss; leaving a bearish engulfing pattern at its 50-day MA and an ideal opportunity for shorts to take advantage of the new downward trend.
Read
Tech Indices Dig In At Support
It was a relatively quiet day for markets so today was more about the working status of potential trade setups.
Read
Russell 2000 Breakout Under Pressure
The Russell 2000 break of 1,520 is under threat with today's loss. Next up is converged 20-day and 50-day MA support but such a test will confirm the breakout loss and open up for a new trading range opportunity.
Read
Semiconductor Index Continues To Sell Off
After Friday's sell-and-recovery it had looked like there was an opportunity to play a bounce, particularly for the Semiconductor Index. However, the reality proved to be different.
Read
Indices Stage Intraday Recoveries In Wide Range Day
Volatility took a tick higher with profit taking sweeping across the broad before buyers zipped it all back up.
Read

Comments

Latest Comments
Tech Indices Breakout
2 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
3 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
3 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
3 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

TWEETS

PERSONAL BLOG

Latest Posts

Work Experience

Senior Market Technician
ActivateClients
October 2007 - Present (10 years 4 months)
Product specialist and marketing researcher. Improving dealer-client relationships by maximizing returns in the market.
Community Director
Zignals
October 2007 - Present (10 years 4 months)
Financial market technician and strategist. Social media and community development.
Editor and Contributor
Fallondpicks
2005 - Present (13 years 2 months)
Analyzing market trends. Specialist in U.S. Markets and #sectorbreadth analysis.

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