Bearish reversal chart pattern confirmed. Make sure to follow the current trend in your investments.

Confirmed Double Top Pattern

By Carl Anderson

By Carl Anderson

By Carl Anderson

Well the market is looking weak and has pulled back a bit. Be ultra cautious if you are buying calls or stocks. The trend may be down for awhile. Here is a link to an interview with one of my favorite people to listen to on the stock market (Art Cashin):

http://video.cnbc.com/gallery/?video=3000084657&play=1

Bad unemployment numbers, more quantitative easing? Check out the retail sector.

By Carl Anderson

Art Cashin has been a floor trader on the NYSE for over 40 years. This is a guy that I always listen to. Here is an interesting video that CNBC put out this morning:

http://video.cnbc.com/gallery/?video=3000078680