TOKYO, Nov 27- Japanese stocks fell in thin trade on Friday as technical indicators suggested the market is overbought and vulnerable to a correction. The Nikkei share average edged down 0.3 percent to end the day at 19,883.94. The benchmark index was flat for the week, which saw subdued trading due to holiday closures in the United States and Japan.» Read More
Cramer goes "Off the Charts" to find out.
Technology stocks have lagged the market since late last year. Does that mean tech is broken as a sector? For answers, we turn to the charts.
In the wake of the Arch Coal-International Coal deal, the "Fast Money" traders discuss which mining companies could be the next to get bought out.
To explain why, Cramer goes "Off the Charts."
A look at what the charts are saying about the market, with James Dailey, Team Asset Strategy Fund, and David Loesser, The Estate Planners Group.
The rejection of the Australian Government to the takeover of the Australian Stock Exchange from an Asian stock exchange was clear for many months on the chart of the ASX. The ASX chart in November 2010 showed this deal would fail.
The next upside target for the Australian dollar is near $1.10. At this level the AUD starts to cause some very severe pain to Australia's export industries.
Looking at technical indicators, renown economist David Rosenberg of Gluskin Sheff thinks that might be the case. The "Fast Money" traders weigh in.
After studying some technical indicators, the "Mad Money" host thinks this financial institution could go higher.
As with a number of regional markets its important to recognize that the Hang Seng's decline started before the Japanese earthquake. Charting Asia's Daryl Guppy believes the market is set for further downsides.
That the market will fall, and fall rapidly is a given. The key question is how far the market may fall before it finds support. The reaction to the Kobe earthquake provides some clues.
With the S&P having fallen through a key technical level on Thursday, what levels should you be watching? The "Fast Money" traders weigh in.
Why the "Mad Money" host thinks the Internet giant may see shares trade lower.
Technical indicators suggest the precious metal could climb 8 percent from current levels, Cramer said.
For answers and what it means for the greater market, Cramer went "Off the Charts."
Cramer explains why this technology company is still worth buying, even at these elevated levels.