A Not-So-Best-Buy?
In normal market environments many traders will have positions on both sides of the fence. The markets don't email you saying “I'm going to go down now. …
Read MoreIn normal market environments many traders will have positions on both sides of the fence. The markets don't email you saying “I'm going to go down now. …
Read MoreLaws pretty much work the same way all the time. The intent of a ‘come to a complete stop' red-light law, and the repercussions of running a red light, …
Read MoreAluminum caught my attention. Not the metal, but the sector. Aluminum Corp of China (ACH), has formed a well-defined rising channel: Century Aluminum (CENX) …
Read MoreIn the October 7th Seasonal Forecaster newsletter I was cautious, with the partial government shutdown in effect. I was expecting a deal to be worked out in …
Read MoreCovance Inc (CVD) provides drug development services to pharmaceutical, biotech, and medical device companies. In the May 22nd, 2013 issue of Seasonal …
Read MoreThe major indexes, and many sector Exchange Traded Funds (ETFs), still appear overbought. Their Stochastics indicators are stuck up in overbought territory, …
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 …
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