Rich Ross - Evercore ISI

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Last quote by Rich Ross

When volatility picks up in the broad market, I like to go back to a place where I know I'm loved. This is simply a stock that has not wavered. You can see this textbook trend line gives us this bullish ascending triangle, and importantly we have tested and held the breakpoint on that pullback.feedback
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Nov 15 2017
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Rich Ross is associated, including S&P, July, and stock. Most recently, Rich Ross has been quoted saying: “Now what happens when a head-and-shoulders fails to break down, we tend to get a big rip in the opposite direction, and this neckline is a springboard to higher prices. That's exactly what happened with Amazon.com. I think history repeats itself with JD.com.” in the article Three stocks to buy on recent weakness: Technician.
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Rich Ross quotes

Sep 13 2017 - McDonald's

That's a fantastic run for the stock, and I don't think that run ends.feedback

Sep 13 2017 - McDonald's

If you break $156, you could test $152 in the short term. But it doesn't diminish the fact that this is an extremely strong stock that likely has upside from current levels. I would sell no fries before their time, and I think McDonald's is a buy on weakness.feedback

Sep 11 2017

The setup in yields looks a lot like the setup in 2014, which suggests that they have further downside after an ephemeral September bounce. This time around however the dollar is breaking downfrom a multi-year top, not breaking out from a multi-year bottom.feedback

Aug 24 2017 - Amazon

This stock is in a vulnerable technical position.feedback

Aug 24 2017 - Amazon

In three of the last five years, the stock has had 30 percent pullbacks. That's not the base case here, but with the stock just 10 percent off an all-time high going into the worst month for stocks historically, I would not be a buyer. I would be a buyer lower – down around $900, $870.feedback

Aug 10 2017

I'm a buyer of the stock.feedback

Aug 02 2017

And, if we look at a subsector, let's look at the hottest subsector of technology – the semiconductors.feedback

Aug 02 2017 - Amazon

Worst-case scenario, I think you're buying the stock down around $900. But at $950, we become extremely interested.feedback

Jul 31 2017

Discovery wasn't a big player in scripted. Our goal was to diversify the kind of storytelling we do.feedback

Jul 18 2017 - Wall Street

Usually on Wall Street, when we ascribe a de minimis probability of something happening, there's actually a much greater chance of that thing happening. So the fact that they're virtually 'giving away' these call options, to use [Chintawongvanich's] words, tells us that maybe it's something that I want in this case.feedback

Jul 18 2017

But if we went back in time and looked two years ago, you had a very similar type of base breakout … from which we failed miserably. So I'm a little concerned here.feedback

Jul 18 2017 - Bull market

Lagging in a global bull market is not a great start. Then, you lay in the U.S. dollar. Typically the small-cap stocks are a strong dollar, U.S.-centric play, as you saw that rally coming out of the election. And what we've seen is the dollar is going straight down.feedback

Jun 26 2017 - Bitcoin

I reiterate my sell call on Semi's and continue to see a test of 1,000 on the SOX (-8 percent) as the group continues to display the textbook signs of a reversal in trend and a technical symmetry with Bitcoin, which is down -9% overnight and poised for another -17% to 2,044.feedback

Jun 07 2017

Of course, we're not going to go there in a straight line. But Apple is not necessarily the quintessential trading stock. It's the type of stock where you buy it and hold it. And I don't say that lightly. But the setup is there to buy it and hold it, and if it pulled back I would buy more.feedback

Jun 07 2017

The stock goes to $180 and I have strong conviction on that move.feedback

Jun 07 2017

That's quite bullish. So in the short term, I like gold to move higher.feedback

Jun 01 2017 - Goldman Sachs

We're going to look at Goldman Sachs as a proxy to the disappointing action in banks, financials and the pullback in yields and reflation more broadly. I actually think that with the stock oversold and sitting on key support along with those 10-year yields that this is an interesting opportunity to enter the stock on the long side with a close protective stop around yesterday's lows near $210. We're a buyer of Goldman Sachs here for a trade on the 18 percent pullback into oversold conditions, with the stock sitting atop key support at that 200-day moving average.feedback

May 31 2017

The trend is strong here, and there's no signs of trend exhaustion.feedback

May 25 2017

The flag flies at half mast, halfway within the pattern. We can project out another 300 points from that 2,400 over time and that brings us to our 2,700 upside target on the S&P.feedback

May 25 2017

The breakout today gets us to 2,470 in the short- to intermediate-term, and over time we can get to 2,700 on the S&P 500.feedback

May 16 2017

For my money, the trend and the chart are intact. Our fundamental analysts like the stock a lot. I think that's a winning combination, to buy a great fundamental story on a compelling technical pullback.feedback

May 16 2017 - Wall Street

Admittedly, this is one of the most divisive stocks on Wall Street.feedback

May 16 2017 - Tesla

It's a compelling technical breakout [and that] short interest [on the stock] gives you that potential catalyst as well. I like the stock chart.feedback

May 11 2017 - Trump Presidency

We saw a surge in the dollar index as that Trump reflationary narrative really takes off.feedback

May 05 2017

This tends to be a bullish continuation pattern to the upside. We're into well-defined resistance around $300 ... we do need to break above that resistance to really unlock the pattern, but the technicals suggest we get it.feedback

May 03 2017

If you're buying it for insurance, that's fine, but if you're buying it for a trade, I'm not interested.feedback

May 03 2017 - OPEC

It's not pretty here in the short term, examining a chart of the ETF.feedback

Apr 26 2017 - Netflix

The thinking is that the flag formation flies at half mast, roughly halfway within the move.feedback

Apr 26 2017

You have to stay long technology; it's an overweight, it's a buy, however you want to phrase it.feedback

Apr 26 2017

The trend is higher, and technology remains the bedrock of this bull trend. It's going higher. And then we came out of it like a cannon, up 10 percent over two months.feedback

Apr 21 2017

The charts are with Erin's fundamentals, and I think the technicals suggest that Discovery is actually a long, not a short. For the last two years, the stock's been forming a very nice rounded base of support that you can see on the chart.feedback

Apr 21 2017 - McDonald's

And that breakout to a new all-time high from a technical standpoint failed, and the stock traded in a rather narrow range over the next two years.feedback

Apr 21 2017 - McDonald's

So if this breakout were to fail and drop back into the pattern below that $130 level, I would not be quite as sanguine on this stock here.feedback

Apr 19 2017

There is still upside to Morgan Stanley; I would be a buyer.feedback

Apr 14 2017

I think we're going to see continued outperformance of the emerging markets.feedback

Apr 04 2017

I think we're going to see continued outperformance of the emerging markets. If you had [emerging markets] up 13 percent, more than twice the S&P, with crude down 10 percent, then you likely also had Mississippi State over UConn and you had South Carolina and Oregon in your Final Four; you just didn't have it. I would stick with the emerging markets on a relative basis; not to say that I'm not buying the U.S., but I like [emerging markets] over the S&P right now.feedback

Apr 04 2017 - Tesla

Regardless what you think about the valuation, this stock is not going to get beat by a spreadsheet. This is a great technical setup, and it's only gotten better here. We now have a very decisive breakout of that trading range; that gets us to $320 in the short term. Let's call it $280 on the high end, $180 on the low end, you tack $100 on top … that gets you to $380 over time. So, [for] Tesla, there's still food on the table here. I still like this stock. In fact, I like it even more on the breakout.feedback

Mar 28 2017

Perhaps Phelps can be encouraged to go underwater in a shark cage.feedback

Mar 23 2017

We test and hold this key level of support.feedback

Mar 09 2017

What at times appeared to be a breakdown from this head-and-shoulders top now appears to be a breakout from a 14-month base of support. You can see this bullish base of support here at the tail end, once again, of this 35 percent decline here. That sets the stage for biotech to continue to move higher. I would be a buyer of the IBB.feedback

Mar 07 2017 - Snapchat

It's a stock that has to find itself.feedback

Mar 07 2017 - Snapchat

History's sort of working against Snap a little bit in terms of the analyst community. First of all, I think people want to sort of cover their assets, if you will, here with markets at all-time highs. There's a notion that perhaps Snap coming at the top – at those all-time [market] highs – could be the proverbial bell that rings, but I don't think that's the case at all, here.feedback

Feb 28 2017

You want to take advantage of this pullback, and you're going to see some reversion. I think the pullback has created a compelling tactical buying opportunity here for a trade that remains broadly intact. When crude breaks out, this is where you're going to get the big bang for your buck there in energy.feedback

Feb 28 2017

Energy will move higher on the offensive.feedback

Jan 19 2017

I think if you put aside everything you think about the company, when you break it down on just a technical basis alone, you're staring at a very bullish stock chart in the short, intermediate and long term.feedback

Jan 05 2017 - Netflix

We have this well-defined trading range, this pullback into the 100-week moving average, and a strong move coming out. So I think we're going to take out the high end of this trading range and move significantly higher for the stock.feedback

Dec 08 2016

I really like this setup here in Apple. It's a stock that has taken a back seat to other high fliers in the post-Trump reflationary rally, if you will, but I like it on both a short-term and a longer-term basis.feedback

Dec 08 2016

We test and hold key support just as we have done in here this year, and then we have a very strong rally coming out of that. So I think history repeats itself.feedback

Dec 08 2016

The technicals have been eroding for some time. We have interest rates rising, which is a macro headwind for the group, and you have a very aggressive factor rotation from growth into value, all of which are playing against biotech here.feedback

Dec 08 2016

That could set the stage for a multiyear run of underperformance, which likely has already begun.feedback

Dec 08 2016

This is a group that is just taking off, and I would not be afraid to be a buyer of the airlines.feedback

Nov 30 2016

It's been a pretty nice little year this month for small caps.feedback

Nov 30 2016

After three years of being unloved and doing nothing, we're now emerging in decisive fashion with a bullish brio here. That tells me the small caps will actually continue to go higher through next year.feedback

Nov 23 2016 - Chevron

That tells me regardless of what you think about the world, Caterpillar is a buy on that breakout.feedback

Nov 11 2016

When you look at this chart, it will be difficult not to be constructive or bullish, if you will, on the broader markets.feedback

Nov 02 2016 - Petrobras

We have some symmetry here, which is troubling for a stock that has rallied 300 percent off its lows and is up 200 percent year to date.feedback

Oct 19 2016

We have a phenomenal run in this stock off those lows, then you have another rollover this summer. You dip once and then after a run back into the 50-week you dip again and there's the stock, sitting on the key support at $60.feedback

Oct 19 2016

I have very low expectations for this stock, which could be a positive catalyst, but that's not how I would play it. This is a stock that looks structurally broken, in a longer-term downtrend in a fairly buoyant market, and that's a bad combination.feedback

Oct 19 2016 - Netflix

If we are able to surmount that $130 high-end resistance of that well-defined trading range, you could project another $50 of upside for that stock. I'm not telling you it goes there overnight, I'm just saying above $130, this stock can go meaningfully higher, and we do think in the short- to intermediate-term, you do get a test of that $130 level.feedback

Oct 13 2016

You've essentially erased any of those post-Brexit gains, and you're sitting on that key neckline of support. Our call is that you break lower beneath the neckline.feedback

Oct 06 2016

That false breakdown to an all-time low that we saw back in July is going to provide the springboard for a test of that critical moving average.feedback

Oct 05 2016

The magnetic quality of that 100-week proves true here.feedback

Oct 05 2016

I'd be a seller here of gold and miners.feedback

Sep 07 2016

All of that tells me that we probably go higher.feedback

Jul 21 2016

I think you still buy the stock here, and even on a pullback, you're a buyer on weakness.feedback

Jul 20 2016

With both stock and bond prices at record highs, this is a great way to have your cake and REIT it, too, if you will.feedback

Jul 15 2016

That would be bad. So let's wait before we get too excited about this breakout.feedback

Jul 15 2016

Anyone can trade the breakout, but you have to hold the breakout. So what you want to see is a Friday close above that old high of 2,130, 2,135. And in fact, we really want to see consecutive weekly closes above that level.feedback

Jul 14 2016

With the Dow and the S&P at a new all-time high, crude oil has been one of the rare disappointments out there this month.feedback

Jun 22 2016

We have a triple bottom on the weekly chart with a bullish hammer or exhaustive weekly reversal in the short term – that's a compelling setup.feedback

Jun 22 2016

I think that gold works whether we get that Brexit and chaos ensues [in which case] gold goes higher – or if peace prevails on the 'Bremain,' the dollar eases, providing a bid into gold, commodities and high yield. Whether Britain 'Brexits' or 'Bremains,' gold should 'brenefit,'.feedback

Jun 14 2016

In this case with the S&P just 1 percent off an all-time high, it has the potential to provide a catalyst for a breakout from a multiyear trading range.feedback

May 03 2016

Gold has so much going for it.feedback

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