A Battle Between Seasonal and Overbought Patterns
Last week I covered how breakouts are generally not going anywhere. Another problem I see is the lack of healthy pullbacks in weekly overbought/oversold …
Read MoreLast week I covered how breakouts are generally not going anywhere. Another problem I see is the lack of healthy pullbacks in weekly overbought/oversold …
Read MoreBreakouts are not working. They are not following through. Take Disney, a stock that usually posts strong gains this time of year. Over the next 12 weeks, a …
Read MoreIn my October 7th newsletter, I covered the cyclical tendencies of the overall markets. This time I focused on DIA, the ETF that tracks the Dow Jones …
Read MoreOne ‘pattern' I look for is strength in multiple stocks within the same sector. It is especially meaningful if the chart strength comes from …
Read MoreThere are some people who can't give you a simple explanation to save their life. You just glanced over at your bookcase, didn't you, so you know what I mean. …
Read MoreWe can all recognize a dog of a stock when we see one. It rolls over and dies. Wondering if it is just ‘playing dead', meaning it may be the exception, …
Read MoreI did not share the market's enthusiasm at the end of last week. I thought about the exact wording of the statements being made and saw little reason to …
Read MoreWashington worked it all out, and yesterday's 323 point climb in the Dow, along with strong rebounds off short-term cycle lows in most stocks, means its …
Read MoreIn Friday's newsletter I highlighted the cyclical nature of the S&P 500 and how it may be heading towards another short-term cycle low. The recent cycles are …
Read MoreWe are going to take Mr. Peabody's WABAC machine*. * I have nostalgia for a time where things were a little simpler and the world made more sense to me. But we …
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