Simple chart tactics can be the difference between making money and losing money. This was seen today when the exact high on the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) could have been found by connecting the lows from this past Friday and Monday. Learning to do this is not only easy, but insanely profitable. Study the charts and find gems like this trend line shown below.

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Global online dating service provider removes language barriers by translating user-generated content in real-time

MAIDENHEAD, U.K. & WAKEFIELD, Mass. – July 20, 2016– SDL (LSE: SDL) today announced that Cupid Media is using SDL Machine Translation technology to enable single people across the globe to communicate seamlessly in real-time, regardless of their native language or location.                      

Cupid Media is a rapidly growing online dating network that sees 20,000 new customers each day. The company has helped over 30 million people worldwide look for love across its 36 different dating sites in 100 countries worldwide. With a need to address its growing demand for additional languages, the company turned to SDL to implement its Machine Translation technology.

The stock market had its lightest trading day of the year yesterday. The SPY (tracking ETF for the S&P 500) traded 50 million shares. While the markets were mixed, the VOLATILITY S&P 500 (INDEXCBOE:VIX) closed down almost 4%, below 12.00. The volatility index (VIX) measures fear in the market. A reading below 12.00 shows total complacency, no fear at all. Historically, when the VIX is below 12.00 it has ALWAYS been a great buying opportunity. In fact, history shows that buying the VIX below 12 will almost always net a near term pop to 18+. This is a whopping 50% return. Essentially, the markets work in a contrarian way. When fear is absent to such a degree from the stock market, usually the markets top. When the markets fall, fear increases and the VIX jumps higher.

Goldman Sachs reported very good earnings and revenue numbers. Both beating analysts expectations. However, the stock is currently trading lower at $160.97 -2.36 (-1.44%). The drop on earnings was probably one of the easiest predictions that could have been made. Why? The stock ran from $138 - $164 in the two weeks prior to earnings. In other words, the stock was already factoring amazing earnings, far better than expectations. In addition, the daily chart of Goldman Sachs was kissing the daily 200 moving average. The two factors of the stock being extremely overbought and into the daily 200 moving average put the odds of a pull back at north of 95%. Even with great earnings, Goldman Sachs is following through and pulling back.