I wanted to open up a slightly shortened version of this weekends report to the public. In the weekend report, I usually cover the action that we saw in all of the Sectors that we have been covering lately, and in the daily reports, these are updated and stock picks are also added, if the […]
SPX– I will repeat, I never called the recent dip an ICL. It lacks the characteristics of one, but what I did say is that we have been overdue for one for a while. So we have a dcl, and similar to the last couple of dcls, the move higher has been a bit […]
Today we are just going to discuss ‘things’.
On this Thursday of trading, let’s review what the markets are doing so far, and we’ll have just a couple more interesting trade set ups. NASDAQ – The NASDAQ put in a low that was a buy on August 21, and that has not been violated. It almost made new all time highs on […]
So far, the trades that we have been really focusing on have been excellent. We’ll do a quick review and then discuss those trades and set ups. DJIA – Wow, that wasn’t a very healthy looking drop on day 9, was it? The DOW landed right back on the 50sma, so at this point, […]
NOTE: GAS PRICES HAVE SKYROCKETED IN THE U.S. THIS WEEK. We’ll keep that in mind as we discuss the Energy sector. NASDAQ – We got the follow through to that daily cycle low that I was expecting, and now we also have a weekly swing low in place. Stay long and watch overhead resistance. […]
Actually, we were expecting higher prices in many of the Market sectors yesterday, so this Green Board that I captured Thursday afternoon was a welcome sight. Let’s discuss these GREEN market Sectors and some Stocks.
The General Markets are breaking higher as expected, and the Biotech sector is also acting Bullishly. After reviewing these sectors and the Precious Metals, we’ll review some bullish set ups in various Tech and Biotech companies. AUG 25th – This weekly chart reversal at support was a buy point, so I pointed this out last […]
SPX– Yesterdays reversal filled a gap and strongly moved higher. It is right against the down trend line, and a push higher above the 50sma and the trend line is a buy if you ask me( I would have taken a chance and bought here). A break higher should indicate that we have […]
We will talk about this and what it could mean for the Miners, after a brief review…
