Ed Ponsi is the managing director of Barchetta Capital Management, an NFA-registered commodity trading advisory, and is also the president of FXEducator. An experienced professional trader, Ponsi has advised a variety of hedge funds and institutional traders. Ponsi has appeared on CNBC more than 50 times and has been profiled in magazines such as "Technical Analysis of Stocks and Commodities" and "The Traders Journal." He is the author of Selling America Short: The New World Order vs. the American Middle Class, released in Novermber 2011; Forex Patterns and Probabilities, a top-selling book on currency trading that has been translated for release in China; and The Ed Ponsi Forex Playbook, which was endorsed by Steve Hanke, professor of applied economics at The Johns Hopkins University.
Recent Articles By The Author
Is Yelp a Buy Here? The Answer Isn't 'Yep'
Besides Yelp posting disappointing third-quarter results last week, its charts indicate it hasn't formed a technical bottom.
Alibaba Is Down but Not Out
On the cusp of China's Singles Day, Alibaba shares are down from their all-time high, but performing relatively well.
Twitter May Soon Make a Big Move Higher
The charts are bullish, if TWTR can pass a key point of resistance.
3 Semiconductor Stocks to Buy Now
The charts of Intel Corp., Xilinx Inc. and Cree Inc. indicate they're poised to rise after pullbacks.
3 Stocks to Buy on a China Trade Deal
A potential resolution would give a boost to certain beaten-down names.
Walmart Can Steal Amazon's Thunder When It Comes to Convenience
Walmart should be able to spread cashier-less shopping faster and more broadly than Amazon.
Ackman Checks In to Hilton
Ackman's fund bought the hotelier's stock in 2016 and cashed out the following year for a gain of about 30%.
Avoid an Under Armour 'Turnaround' Play
Under Armour's high valuation and poor technicals make this a dangerous play.