Technical Analysis of STOCKS & COMMODITIES
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Article Archive For Donald W. Pendergast, Jr.
DownloadCigna Corp: Surging Into Unsustainable Territory?
ARTICLE SYNOPSIS ...Up by more than 1,600% since November 2008, shares of Cigna Corp. are now closing in fast on a major monthly cycle high....
BLUE: Overextended On Weekly And Monthly Charts
ARTICLE SYNOPSIS ...Up by nearly 800% in the past year, shares of BlueBird Bio, Inc. have issued a major weekly sell signal....
WYN: Monthly Sell Signal At Major Cycle High
ARTICLE SYNOPSIS ...After a stunning 3,600% rally since November 2008, shares of Wyndham Worldwide are primed for a major correction....
Diamond Offshore Drilling: Major Bullish Reversal
ARTICLE SYNOPSIS ...After enduring a 62% decline over the past 26 months, shares of Diamond Offshore Drilling are reversing higher....
Apple: Intial Stages Of A Sizeable Correction?
ARTICLE SYNOPSIS ...When a weekly and monthly cycle top at around the same time, expect a tradable correction to soon follow....
EW: Getting Overextended On Upside?
ARTICLE SYNOPSIS ...Shares of Edwards Lifesciences enjoyed a good week of gains last week but cycles analysis says the majority of this current upswing may be complete....
AAPL: Weekly Cycles Say More Downside Possible
ARTICLE SYNOPSIS ...Shares of Apple, Inc. are still in corrective mode, per its key weekly price cycles....
OCR: Major Cycle High In Place
ARTICLE SYNOPSIS ...After enjoying a 33% rally in late 2014/early 2015, shares of Omnicare, Inc. are moving lower as its dominant cycles turn bearish....
VZ: Cycle Swing CD In Process
ARTICLE SYNOPSIS ...Shares of Verizon Communications are setting up for a high probability swing buy trade that has many technical dynamics working in its favor....
AAPL: Monthly Five Wave Elliott Pattern
ARTICLE SYNOPSIS ...Apple Inc.'s (AAPL) stunning 12-year old bull run may finally be reaching its exhaustion stage; as this stock is often considered a bellwether for the US economy as a whole, major moves up or down in this mega-cap issue's share price can affect the lives of millions of investors and thousands of businesses....
Amazon.com: Bullish Breakout Setup
ARTICLE SYNOPSIS ...Amazon.com stages a weekly chart breakout after an eight-week consolidation....
Multiyear Bull Run Terminates At Coca-Cola Co.
ARTICLE SYNOPSIS ...After a 69-month long bull run, shares of Coca-Cola Co. have finally entered a major corrective pattern....
AAPL: Spotting Potential Reversal Zones In Advance
ARTICLE SYNOPSIS ...Learning to spot high-probability support/resistance zones in advance can help intraday traders gain a valuable edge in the markets....
AVY: Too Far, Too Fast?
ARTICLE SYNOPSIS ...Shares of Avery Dennison Corp. have surged sharply since mid-April 2015, but now appear to be pausing and/or preparing for a correction....
Bullish Weekly Trend Reversal Signal
ARTICLE SYNOPSIS ...Here's an example of how the price performance can give an advance indication that a bullish reversal was overdue...
Netflix: Powerful Rally Stretching Limits?
ARTICLE SYNOPSIS ...Netflix, Inc. shares are surging in the wake of a one for seven stock split — but for how much longer?...
China Large Caps Set For A Rebound
ARTICLE SYNOPSIS ...The major selling panic seen in large-cap Chinese stocks since April 2015 is over — for the next few weeks, anyway....
Priceline.com: Corrective Wave Pattern After Massive Rally
ARTICLE SYNOPSIS ...After rising by more than 7,000% in eight years, shares of Priceline.com are now firmly in corrective wave mode....
Kroger Co: 20-Week Cycle High Approaching
ARTICLE SYNOPSIS ...Up by more than 91% since February 2014, shares of Kroger Co. are flashing numerous warning signs that a correction is approaching soon....
TWTR : Potential For Bullish Reversal
ARTICLE SYNOPSIS ...Twitter shares may be prepping for further gains, now that a solid basing pattern is in place....
BBBY: Getting Overly Extended?
ARTICLE SYNOPSIS ...Although still in a rising mode, shares of Bed Bath & Beyond, Inc. are at or near a high probability stall or reversal zone....
MAC: Bearish Divergence As Cycle High Nears
ARTICLE SYNOPSIS ...Up by more than 36% in the past 14 weeks, shares of Macerich Co. are near an important cycle high....
20-Week Cycle Still Bullish In Diamonds?
ARTICLE SYNOPSIS ...Now that the Dow 30 industrials have cleared 18,000, how much higher can it run?...
AU: Bullish Cycle Action Into 2015
ARTICLE SYNOPSIS ...Shares of Anglogold Ashanti are basing/reversing as a major weekly cycle low finishes bottoming....
Product review: MotiveWave Ultimate 3.5.4
ARTICLE SYNOPSIS ...MotiveWave Ultimate 3.5.4 offers the standard toolbox items -- and more -- typically found in many of the "big-name" software/charting packages, but it also offers advanced Elliott wave and harmonic pattern trading tool...
NKE: New Wave V Buy Setup Playing Out
ARTICLE SYNOPSIS ...Shares of Nike Inc B are moving higher in a wave V rally, with weekly price cycles in full agreement....
SPY: Fresh Weekly Cycle Low, More Gains Likely
ARTICLE SYNOPSIS ...The widely followed S&P 500 index may soon challenge or even exceed its December 2014 all-time high....
SINA: Bullish Monthly Harmonic Pattern
ARTICLE SYNOPSIS ...Sina Corp. shares have begun the early stages of a rally and may eventually prove to be a major multiyear bullish trend reversal....
USO: Multimonth Decline Fading, Reversal Due
ARTICLE SYNOPSIS ...After declining by more than 58% since late June 2014, shares of the United States Oil Fund are getting close to a major multicycle low....
LUV: Nosebleed Altitude?
ARTICLE SYNOPSIS ...Shares of Southwest Airlines are up five-fold in only 30 months; cracks are now appearing in this epic bull run, however....
Costco: Weekly Sell Signal Triggers
ARTICLE SYNOPSIS ...Costco's mammoth, six-year rally may be at or very near its termination point....
ANTM: Cycle Highs On Three Time Frames
ARTICLE SYNOPSIS ...Up by as much as much as 199% between November 2012 and March 2015, shares of Anthem, Inc. are now in prime position to stage a proportional correction....
Diamond Offshore: Bullish Reversal Near
ARTICLE SYNOPSIS ...Shares of Diamond Offshore Drilling (DO) may be close to a sizable bounce as the stock approaches key support/swing termination levels....
AAPL: Close To Pattern Completion?
ARTICLE SYNOPSIS ...Shares of Apple, Inc. have been in a major rally since June 2013, but may now be near an important turning point....
Newmont Mining: Strong Money Flows
ARTICLE SYNOPSIS ...Shares of Newmont Mining (NEM) appear to be under steady accumulation by the so-called "smart money."...
ALL: Triple-Top Buy Signal
ARTICLE SYNOPSIS ...A high-probability bullish breakout setup has appeared in shares of Allstate Corp....
JBLU: Hard Landing Near $10.40?
ARTICLE SYNOPSIS ...Shares of JetBlue Airways suffered their largest one-day percentage decline in three years....
SAVE: Distribution Warns Of Correction
ARTICLE SYNOPSIS ...When a stock trends higher even as its money flow histogram keeps making lower highs, it's usually a warning that the "smart money" are in the process of scaling out prior to a correction. Here's a look at this process in action in shares of Spirit Airlines, Inc....
Alliance Data Systems: Easy Short Into Support?
ARTICLE SYNOPSIS ...Shares of Alliance Data Systems (ADS) are heading lower after breaking a key support level....
DHI: Short Setup Forming
ARTICLE SYNOPSIS ...Shares of DH Horton are setting up for a near-term short play....
AAPL: Bearish Reversal, Bullish Money Flows
ARTICLE SYNOPSIS ...Shares of Apple Inc. have reacted negatively to recent news, but its long-term uptrend appears to be in no immediate danger....
LRAD: Strong Weekly Money Flows
ARTICLE SYNOPSIS ...Shares of LRAD Corporation are now at a three year high, with great long-term money flows suggesting even higher prices ahead....
INTC: Getting Toppy?
ARTICLE SYNOPSIS ...Shares of Intel Corp. gained 50% from early February to late August 2014 and are now vulnerable to a correction....
SPY: Identifying Trend Days
ARTICLE SYNOPSIS ...Several days per month, day traders are treated to a 'trend day' in the S&P 500 index; here's how to recognize and profit from such events....
LUV: Warning Of Decline Ahead?
ARTICLE SYNOPSIS ...Shares of Southwest Airlines suddenly reverse after hitting a major supply zone....
SMH: Locating Exhaustion & Reversal Signals
ARTICLE SYNOPSIS ...The Market Vectors Semiconductor ETF has rebounded from its strong September/October selloff, but signs of weakness still abound....
SLB: Heavy Supply Zone Overhead
ARTICLE SYNOPSIS ...Now rebounding from a steady, multimonth decline of 28%, shares of Schlumberger Ltd. must deal with a heavy overhead supply zone....
ALTR: Relief Rally In The Midst Of A Larger Downtrend?
ARTICLE SYNOPSIS ...Shares of Altera fell by as much as 19% during its recent three-week slide; its latest rally looks to be of the bear market variety, with bigger declines ahead....
NFLX: Harmonic Pattern Proving Out
ARTICLE SYNOPSIS ...Harmonic price patterns can be powerful, especially when other key technicals are in agreement....
XOP: Exhaustion Of Current Rout?
ARTICLE SYNOPSIS ...Shares of the SPDR S&P Oil and Gas Exploration ETF have literally gone over the proverbial cliff, but two key technicals say the selling may be overdone....
KO: Pullback Due - But How Far?
ARTICLE SYNOPSIS ...When an Elliott Wave and Keltner channel pattern agree that a pullback is likely, it pays to take note....
Ford Motor: Exhaustion/Reversal Zone
ARTICLE SYNOPSIS ...Down by 25% from its July 2014 highs, shares of Ford Motor (F) are very close to a bullish reversal zone....
APA: Elliott Wave, Keltners, and Fibs Agree On Reversal
ARTICLE SYNOPSIS ...Down by 18% since its July 31, 2014 high, shares of Apache Corp. are homing in on a high probability bullish reversal zone....
RIG: Signs Of Trend Exhaustion?
ARTICLE SYNOPSIS ...Down by nearly 82% since its May 2008 peak, shares of Transocean Ltd. may be getting close to a major low....
SMH: Pullback Buy Op For Nimble Traders
ARTICLE SYNOPSIS ...The Market Vectors Semiconductors ETF may be ready for a bullish bounce, after which a larger decline is projected....
FCX: Major Support And Strong Money Flow
ARTICLE SYNOPSIS ...Shares of Freeport McMoran Copper And Gold are trading just above a high probability support area at a time of bullish money flows....
NFLX: Major Weekly Chart Pattern
ARTICLE SYNOPSIS ...Using weekly charts to locate high probability patterns on the verge of a new swing/trend move can be time well spent....
Workday, Inc.: Proportional Pullback To Cycle Bottom
ARTICLE SYNOPSIS ...After making a measured correction into a key cycle bottom, shares of Workday, Inc. may be ready for a sprint toward $100 per share....
XLE: Energy Stocks Set For Rally
ARTICLE SYNOPSIS ...Energy sector stocks are now in a prime position to recover even more of their recent losses....
TQNT: Important Trend And Cycle Juncture
ARTICLE SYNOPSIS ...Up by more than 40% since the October lows, shares of Triquint Semiconductor may be set to go even higher....
AAPL: Recipe For A Reversal?
ARTICLE SYNOPSIS ...Shares of Apple, Inc. may be overextended, preparing for a pullback....
LMT: Cycle Low Right On Time
ARTICLE SYNOPSIS ...Shares of Lockheed Martin make a picture perfect cycle low, rallying on a chaotic day in the broad markets....
Chubb: Statistically Overextended
ARTICLE SYNOPSIS ...Shares of Chubb Corp. are trading above what normally proves to be a high probability exhaustion level....
ORLY: Divergences Near Cycle High
ARTICLE SYNOPSIS ...Up by 23% in the past four weeks, shares of O'Reilly Automotive, Inc. are at a key cycle high....
SMH: Failure Swing Forecasts Pullback
ARTICLE SYNOPSIS ...Shares of the Market Vectors Semiconductor ETF are beginning a turn lower toward the $50.00 area....
NFLX: Cycle High Complete, Decline Ahead?
ARTICLE SYNOPSIS ...With its bear market rally now complete, shares of Netflix, Inc. prepare to turn lower once more....
CAT: Low-Risk Short?
ARTICLE SYNOPSIS ...Shares of Caterpillar, Inc. may be preparing for another decline as a daily cycle high meets with weekly chart resistance....
SMH: Ready To Correct?
ARTICLE SYNOPSIS ...Stocks in the semiconductor industry group may be primed for another correction after an unusually strong relief rally....
Product review: thinkorswim Sharing
ARTICLE SYNOPSIS ...Social media sharing tools and online community for thinkorswim users...
TSLA: Prepping For A Rebound?
ARTICLE SYNOPSIS ...Shares of Tesla Motors have experienced two significant corrections since October 2013; the latest one may be nearing its end, with a tradable rally soon to appear....
CSX: Triple Top Buy Setup Triggers
ARTICLE SYNOPSIS ...The late triple top buy setup in shares of CSX Corp. has taken more than four months to materialize, but for patient traders it may prove to be well worth the wait....
Amazon.com: Support Level Is Near
ARTICLE SYNOPSIS ...It's been a long time since shares of Amazon.com have seen a correction like this one, but its long-term trend is still up....
CTL: Evaluation Of Channel Breakouts
ARTICLE SYNOPSIS ...Certain channel breakout setups are more desirable than others; here's a quick tutorial to help you spot the higher probability opportunities....
GD - Bullish Or Bearish Pattern
ARTICLE SYNOPSIS ...Here's a brief tutorial on what to be aware of when evaluating a potential channel breakout setup in stocks....
DIA: Bull Trap Or Significant Rally?
ARTICLE SYNOPSIS ...The bulls see a triple-top buying pattern and the bears see a poor money flow trend - who's right?...
Google: Buying Opportunity?
ARTICLE SYNOPSIS ...Google's 17% decline since late February 2014 may be about over - with a buying opportunity soon to appear....
TSN: Bearish Trend Reversal
ARTICLE SYNOPSIS ...With the powerful late 2013/early 2014 rally in Tyson Foods 'A' shares now history, how far down will the bears take this stock?...
NFX: Powerful Follow Through
ARTICLE SYNOPSIS ...Newfield Exploration's latest bullish breakout offers swing traders an attractive opportunity....
VRSN: Beware The Bouncing Short
ARTICLE SYNOPSIS ...Be wary of selling into an extended decline, particularly as a stock approaches a major support zone....
QQQ: Hidden Divergence And Bearish Pattern
ARTICLE SYNOPSIS ...The recent bounce in the Nasdaq 100 index may be in termination mode now, with a fresh bearish reversal soon to appear....
MAT: Bear Market Bounce
ARTICLE SYNOPSIS ...Once Mattel's current bear market bounce completes, expect another wave of selling to commence....
Facebook: Corrective Wave Patterns
ARTICLE SYNOPSIS ...After completing a five-wave Elliott sequence, shares of Facebook are still seeking support....
BAX: Bearish Momentum
ARTICLE SYNOPSIS ...Shares of Baxter International have been in corrective mode since peaking in July 2013 and look to be continuing on a downward trajectory....
Coca-Cola: Sharp Intraday Fizzle
ARTICLE SYNOPSIS ...Shares of Coca Cola stage a sudden, late session reversal on Wednesday March 19, 2014....
GM: Generally Bearish Charts
ARTICLE SYNOPSIS ...Shares of General Motors appear to have begun their descent again as a powerful C-wave correction unfolds....
Halliburton: New System Buy Signal
ARTICLE SYNOPSIS ...Shares of Halliburton are surging higher after finding support on a proportional pullback....
VALE: Testing Major Support
ARTICLE SYNOPSIS ...Negative momentum on three of its key time frames suggests that shares of Vale S.A. may still have more downside as the second quarter of 2014 approaches....
STT: Bearish Continuation Pattern Forming?
ARTICLE SYNOPSIS ...Shares of State Street Corporation are off to a rough start in 2014, but even larger declines may be just around the corner....
FCX: Hourly, Daily, And Weekly Bearish Momentum
ARTICLE SYNOPSIS ...Growing ever more bearish on multiple time frames, shares of Freeport-McMoRan Copper and Gold look set for a trip back down into the mid-$20 range soon....
SIRI: Serious Correction To Continue?
ARTICLE SYNOPSIS ...Strongly negative daily and weekly momentum indicators suggest that Sirius XM Radio shares still have more downside ahead....
TRIP: About To Fall?
ARTICLE SYNOPSIS ...Up by nearly 50% in just five weeks, shares of TripAdvisor Inc. are once again meeting a strong resistance barrier....
ADS: Major Reversal Warning?
ARTICLE SYNOPSIS ...Up by more than 1,050% since March 2009, shares of ADS are now at risk of a large-scale reversal....
DAL Reaching Maximum Safe Altitude?
ARTICLE SYNOPSIS ...Currently in the midst of a stunning 16-month rally, shares of Delta Air Lines may soon reach terminal velocity....
SPY: Bearish On Two Key Intraday Time Frames
ARTICLE SYNOPSIS ...The S&P 500 index may be setting up for its next swing trade move - down toward the 1,810.00 level....
Crude Oil: Hourly Chart Breakout
ARTICLE SYNOPSIS ...The April 2014 crude oil futures contract has completed a successful - and powerful - bullish breakout on its hourly time frame....
URI: Bullish Channel Running Out Of Gas?
ARTICLE SYNOPSIS ...Still trading within a bullish channel and with gains of 100% since July 2013, shares of United Rentals, Inc. may be running out of gas....
AEO: Bullish Trend Reversal?
ARTICLE SYNOPSIS ...With the latest leg of a six month long downtrend finally ending, shares of American Eagle Outfitters may be on the verge of a bullish trend reversal....
SUNE: All Clear For More Gains?
ARTICLE SYNOPSIS ...Already up by more than 1400% in the past two years, shares of SunEdison Inc. appear to be breaking sharply higher again....
Twitter - Rising Money Flow Trend
ARTICLE SYNOPSIS ...Shares of Twitter Inc. (TWTR) keep on making new highs within an hourly channel along with increasing money flows....
HAL: Channelling Still Higher?
ARTICLE SYNOPSIS ...Shares of Halliburton Co. are trending higher in a stable bullish channel, but is there room for yet another surge upward?...
Netflix: Hourly Consolidation Pattern Before Breakout?
ARTICLE SYNOPSIS ...Now in a consolidation pattern after a sharp six week rally, shares of Netflix (NFLX) look to be setting up for a bullish continuation move....
AVGO: Smart Money Moving On?
ARTICLE SYNOPSIS ...Up by 130% since April 2013, shares of Avgo Technologies appear to be setting up for a correction of some degree....
AVP: A Change Of Channel
ARTICLE SYNOPSIS ...Shares of Avon Products have been in a bear market for more than a year now, but signs of a reversal are appearing....
Facebook: Gathering Steam Again
ARTICLE SYNOPSIS ...After taking a rest from its powerful eight-month-long rally in 2013/2014, shares of Facebook (FB) are alive and kicking, once again....
Groupon (GRPN): Regrouping After A Six-Month Slide?
ARTICLE SYNOPSIS ...Down more than 50% year to date, shares of Groupon Inc. may now be providing traders with the first meaningful signs that a complete bullish reversal is soon to be seen. Here's a closer look ....
BRCM: More Upside After Breakout?
ARTICLE SYNOPSIS ...Shares of Broadcom Corp. have staged a massive bullish rally and should still have more upside into the summer of 2014....
Allergan Inc. (AGN): Another Run At A New High
ARTICLE SYNOPSIS ...Allergan Inc. shares prepare to push higher in a classic AB=CD Fibonacci swing pattern....
SanDisk: Multiple Confirmations Of A Major High?
ARTICLE SYNOPSIS ...Shares of SanDisk have been among the better performers in the S&P 500 index since June 2012. Is this rally now near its ultimate high prior to a major correction?...
AmeriSourceBergen Corp: A Trading Tutorial
ARTICLE SYNOPSIS ...Using a few simple rules can help improve your long-term trend following results....
MWV: Bullish Continuation Setup
ARTICLE SYNOPSIS ...Shares of Mead Westvaco Corp. appear to be pausing in a small sideways range before making yet another attempt to continue upward....
Intuitive Surgical: Bullish Gap Even As Earnings Decline
ARTICLE SYNOPSIS ...Despite suffering a 35% decline in profits and an 11% slide in Q2 2014 revenues, shares of Intuitive Surgical (ISRG) have gapped higher by more than 10%....
SanDisk: Bearish Trend Reversal
ARTICLE SYNOPSIS ...After enjoying a massive run-up since late 2012, shares of SanDisk (SNDK) now appear to be on the fast track to the lower 80.00 range....
Michael Kors: Major Breakdown?
ARTICLE SYNOPSIS ...Shares of Michael Kors Hldg. Ltd. (KORS) have staged a powerful bearish breakdown, one confirmed by multiple technical dynamics....
DAL: A Touch And Go - Higher?
ARTICLE SYNOPSIS ...Up by more than 400% between September 2102 and June 2014, shares of Delta Airlines Inc. appear poised for a soft landing prior to another run higher....
NE: Proportional Pullback In Rising Trend
ARTICLE SYNOPSIS ...After rising out of a double bottom pattern in late June 2014, shares of Noble Corp. now appear to be setting up for another rally....
TSLA: Failure Swing Playing Out?
ARTICLE SYNOPSIS ...As expected, shares of Tesla Motors Inc. staged a solid rebound rally from the 200-day average, but the run-up now appears to be out of gas....
ATI: Bullish Continuation Move
ARTICLE SYNOPSIS ...After a large run up and subsequent consolidation pattern, shares of Allegheny Technologies are surging higher once again....
Micron Technology: Distribution At Multiple Degrees
ARTICLE SYNOPSIS ...Shares of Micron Technology (MU) are up sharply since October 2012 but may be ready for a proportional correction as money flows wane....
TGT: Nearing Swing Price Target?
ARTICLE SYNOPSIS ...Down by nearly 25% since July 2013, shares of Target Corp. may be nearing completion of a significant corrective wave pattern....
FedEx: Will Its Current Support Level Hold?
ARTICLE SYNOPSIS ...Now that FedEx shares have put in a major high, the big question now is to determine where the next major support levels are....
NOV: Major Support Test
ARTICLE SYNOPSIS ...Now at an important AB=CD price target, will shares of National Oilwell Varco be able to regain some of their recent decline?...
Freeport McMoran: Closing In On Near Term Support?
ARTICLE SYNOPSIS ...Shares of Freeport-McMoran Copper and Gold have sold off hard since the start of 2014 and are down more than 18% in just over three weeks....
HPQ: Looking Vulnerable Near Key Resistance
ARTICLE SYNOPSIS ...Hewlett Packard common shares rose by more than 180% between November 2012 and January 2014, but the smart money seems to have bailed out of the stock since the spring of 2013....
RIG: Bearish Daily And Weekly Momentum
ARTICLE SYNOPSIS ...Down by more than 16% since making a significant swing high in November 2013, shares of Trans Ocean Ltd. once again have heavy bearish momentum working against them....
JNJ: A Final Rally Before Trend Reversal?
ARTICLE SYNOPSIS ...Up by as much as 55% between June 2012 and November 2013, shares of Johnson and Johnson may be ready to stall and reverse lower....
Gamestop: Fibonacci Swing Ratios Reveal Next Support Levels
ARTICLE SYNOPSIS ...Gamestop Inc. 'A' shares have been hammered hard for the past nine weeks, but a key leading indicator can help uncover where its next major price support level is....
DIA: Correction Underway - How Far Down?
ARTICLE SYNOPSIS ...After making new highs in 2013 and early 2014, the mighty Dow 30 Industrials appear to be headed south for a correction toward key support levels....
Ford Fills Gap
ARTICLE SYNOPSIS ...After dropping sharply in December 2013, shares of Ford Motor have rebounded back up to a key resistance zone....
CLF: Trendline Break And ABCD pattern
ARTICLE SYNOPSIS ...After rising in a bear market rally, shares of Cliffs Resources Inc. have broken a key trendline to the downside....
Baker Hughes: Waiting For Intraday Pullback
ARTICLE SYNOPSIS ...Learning to scan for stocks that are trending in the same direction on adjacent time frames can help make your trading workflow more productive....
Micron Technology: Pullback or Correction?
ARTICLE SYNOPSIS ...After having enjoyed such a massive rally, can Micron Technology manage a new rally in the new year?...
WMB: Weak On The Hourly Time Frame
ARTICLE SYNOPSIS ...After setting a fresh five-year high during the last week of 2013, shares of Williams Companies are reversing lower....
Whole Foods Market Breaking Lower
ARTICLE SYNOPSIS ...Shares of Whole Foods Market are moving lower on several time frames, suggesting larger declines to come....
Stock Earnings Trends Suggest A Pullback Likely
ARTICLE SYNOPSIS ...Deteriorating earnings growth rates in the US stock market suggest that another decline is overdue....
Product review: FutureSource
ARTICLE SYNOPSIS ...Professional energy, metals, and agricultural commodity traders require vast amounts of technical and fundamental data to make accurate market forecasts and to execute their desired trades with lightning speed, without having to rely on a hodgepodge of different technical charting platforms, seasonal data providers, weather forecasting services, and real-time commodity news sources. For this special breed of institutional commodity traders, hedgers, and speculators, all of the technical, seasonal, weather, fundamental, and newsfeeds that they require in order to get their jobs done with effect...
Facebook: Fifth Wave Up Nearing Completion?
ARTICLE SYNOPSIS ...Facebook shares have traced out a compelling five wave Elliot pattern over the past 18 months and may be due for a correction....
NVDA: Waiting For Pullback In Major Uptrend
ARTICLE SYNOPSIS ...With a major uptrend in full force, traders and investors patiently wait for a new low-risk buying op in shares of NVIDIA Corp....
HAR: Fourth Time A Charm?
ARTICLE SYNOPSIS ...With steadily declining long-term money flow, will shares of Harman International have what it takes to mount a new rally?...
US Dollar Index: Bull Flag On Hourly Chart
ARTICLE SYNOPSIS ...After printing a beautiful "bear to bull" double bottom transition pattern, the US dollar index is testing support before another leap higher....
Allied Nevada Gold: Solid Base For Next Rally
ARTICLE SYNOPSIS ...Down by nearly 93% in less than 14 months, shares of Allied Nevada Gold have formed a major base prior to a new rally phase....
Diamond Offshore Drilling: Setting Up For Reversal?
ARTICLE SYNOPSIS ...Shares of Diamond Offshore Drilling are off by more than 30% since July 2013 but have begun to bounce from major support....
ALXN: Getting Overextended On The Upside?
ARTICLE SYNOPSIS ...Shares of Alexion Pharmaceuticals recently gapped sharply higher -- right into a key resistance zone....
IBM: Bullish On Daily, Bearish On Weekly?
ARTICLE SYNOPSIS ...Shares of IBM are down by 20% since March 2014 and are now near a major make or break point....
Allstate: Downtrend Out Of Control Or In Good Hands?
ARTICLE SYNOPSIS ...Down by 11% over the past 11 weeks, are shares of Allstate Corp. (ALL) preparing for an all-out rout or will key support levels soon contain its slide?...
MetLife: Dropping Hard - Into Major Support
ARTICLE SYNOPSIS ...Up by more than 80% between November 2012 and January 2014, shares of MetLife are falling fast now; look for major support levels to be hit soon....
Starbucks: Proportional Correction Continues
ARTICLE SYNOPSIS ...Shares of Starbucks are declining as a minor negative price/money flow divergence plays out....
BestBuy: Will Its Next Support Level Hold?
ARTICLE SYNOPSIS ...Every stock has a period of correction and/or consolidation after enjoying a strong rally phase, but in the case of BestBuy (BBY), its current selloff is a major bearish trend reversal, rather than a proportional correction against the prior uptrend. Now that a key Fibonacci support level has been breached, will the next lower "last ditch" Fib support finally be enough to initiate a relief rally? Here's a closer look now....
Product review: Phantom Trader
ARTICLE SYNOPSIS ...Real-time charting, analysis, and commentary service...
EA: Still Powering Higher
ARTICLE SYNOPSIS ...Shares of Electronic Arts, Inc. are up by more than 52% in the past nine weeks, with even more upside possible before a reversal....
CLF: Bullish Reversal Nearing
ARTICLE SYNOPSIS ...Shares of Cliffs Natural Resources, Inc. may be near a bullish reversal zone as numerous key technicals converge....
DO: Bullish Reversal Well Underway
ARTICLE SYNOPSIS ...When a stock begins a major reversal ahead of its industry group peers, it may confirm an upcoming turn for the laggards....
XLF: More Downside Into Cycle Low
ARTICLE SYNOPSIS ...Shares of the S&P Select Financial SPDR fund are declining fast — right into a strong support area....
AUY: Bullish Trend Reversal
ARTICLE SYNOPSIS ...Shares of Yamana Gold, Inc. may have finally turned the corner, transitioning from a bearish to bullish long-term price cycle....
CarMax, Inc.: Bullish Momentum At 52-Week Highs
ARTICLE SYNOPSIS ...Buying a new 52-week high can make sense if numerous market and technical dynamics properly converge....
BPZ: Panic Selling Near All-Time Lows
ARTICLE SYNOPSIS ...The wholesale dumping of BPZ Resources, Inc. shares may be setting the stage for a tradable bullish reversal....
RTH: Most Overextended In Thirteen Years
ARTICLE SYNOPSIS ...There's a big difference between a garden-variety overbought situation and an overblown, statistically rare version....
GS: Failure Swing Hints At Bigger Pullback
ARTICLE SYNOPSIS ...After hitting a five year high in early November 2014, shares of Goldman Sachs are reversing lower in the wake of a failure swing....
A Trading Method For The Long Haul
ARTICLE SYNOPSIS ...You can apply this model to any time frame on any equity. The best part is that it's so simple that anyone can implement it....
LUV: Distribution Underway
ARTICLE SYNOPSIS ...Up by 17% in nineteen days, shares of Southwest Airlines are now under distribution by the major players in the market....
Netflix: Minor Pause In Strong Bullish Swing
ARTICLE SYNOPSIS ...Shares of Netflix have paused slightly, but the bullish swing that commenced two weeks ago is still looking strong....
Home Depot: Near-Term Overbought, Long-Term Bullish
ARTICLE SYNOPSIS ...Although Home Depot shares are a bit toppy near-term, the longer term picture looks exceedingly bright....
BP: Near Major Multicycle Lows
ARTICLE SYNOPSIS ...When three significant price cycles bottom simultaneously, a tradable bullish reversal may soon appear....
HES: Setting Up For Breakdown
ARTICLE SYNOPSIS ...Shares of Hess Corporation appear to be at or very near a major high, with at least a 10-15% correction coming afterward....
Alcoa: Bearish Trend Reversal Due
ARTICLE SYNOPSIS ...Nine different technical indicators are warning of a high-probability trend reversal in shares of Alcoa Inc....
TSLA: Major Resistance
ARTICLE SYNOPSIS ...Shares of Tesla have been trending higher since their May 2014 low, but now face strong resistance levels....
VXX: Will Volatility Continue To Spike?
ARTICLE SYNOPSIS ...Whenever the S&P 500 index makes a sharp, persistent correction, the volatility indexes can rally sharply....
AAPL: Bearish Reversal Commences
ARTICLE SYNOPSIS ...Shares of Apple, Inc. jumped by 30% between April and July of this year; now comes the proportional correction to support....
ENDP: Prepping for a Breakdown?
ARTICLE SYNOPSIS ...When a well-defined, major consolidation fails to result in a continuation of the previous trend, look for a high probability move in the opposite direction....
KEY: Major Support Level Broken
ARTICLE SYNOPSIS ...The bears go on full alert as major financial sector stocks such as KeyCorp begin to slice beneath significant support levels....
YELP: A Stock in Need of Help?
ARTICLE SYNOPSIS ...Shares of Yelp, Inc. appear to be on target to move below the $60 level in the near future....
ZTS: Bullish Continuation Move Launches
ARTICLE SYNOPSIS ...Shares of Zoetis Inc. have completed a successful breakout from a bull flag pattern, one that could lead to even more gains soon....
Philip Morris: Bullish Reversal Continues
ARTICLE SYNOPSIS ...Shares of Philip Morris International, Inc. continue onward in a sustained bullish reversal....
June Crude Oil: Low Risk Swing Buy Zone?
ARTICLE SYNOPSIS ...With bullish agreement on two key time frames, June 2014 crude oil futures look set to rally in the near term....
CMG: Market Chipping Away At Recent Gains
ARTICLE SYNOPSIS ...When a fundamentally sound stock experiences violent daily price action, a closer look is in order....
FSLR: Which Way Now?
ARTICLE SYNOPSIS ...Shares of First Solar Inc. made great upward progress in February and early March 2014 but are now close to a major make or break point....
PVD: Against The Wind
ARTICLE SYNOPSIS ...A stock that can move higher even on days when the broad market tanks is a stock worthy of further investigation....
Boston Scientific: Early Hint Of Distribution?
ARTICLE SYNOPSIS ...Up by 150% since November 2012, shares of Boston Scientific may now be giving advance warning of "smart money" distribution....
HP: Expecting A Bounce From Support
ARTICLE SYNOPSIS ...Truly an epic market performer during 2012/2013, shares of Helmerich & Payne may be nearing the end of a proportional pullback to support....
Citigroup: Bearish Continuation Move Probable?
ARTICLE SYNOPSIS ...The transition from bull to bear market can take time, but is observable to a skilled technician....
TXN: Powerful Breakout Attempt
ARTICLE SYNOPSIS ...Shares of Texas Instruments staged a major bullish breakout attempt on April 1, 2014. Can the stock follow through to new highs?...
Priceline.com: Buyers To The Rescue?
ARTICLE SYNOPSIS ...Shares of Priceline.com have been hit hard over the past three weeks; will the "smart money" step in to buy again soon?...
Eastman Chemical: Swing CD Heads South
ARTICLE SYNOPSIS ...Using Fibonacci swing ratios can help you better forecast high probability support/resistance points in most liquid stocks and exchange traded funds....
Crude Oil: More Downside this Fall Season?
ARTICLE SYNOPSIS ...Crude oil's technicals and seasonality trends suggest there may still be more downside as the fall season progresses....
GCAP Getting Toppy?
ARTICLE SYNOPSIS ...Shares of Gain Capital Holdings are moving up past a key mean-reversion indicator, one that suggests some profit-taking will soon manifest....
SPY: Approaching Minor Cycle Turn?
ARTICLE SYNOPSIS ...Despite a recent bit of turbulence, the S&P 500 index appears to be holding up well, and may soon be expected to make a 10- and 20-day cycle low....
Micron Technology: Close To The Summit?
ARTICLE SYNOPSIS ...Shares of Micron Technology have been going like gangbusters since the fourth quarter of 2012, but it's due for another correction soon....
DIA: Money Flow Flat As Price Surges
ARTICLE SYNOPSIS ...The Fed-induced mini-rally on Wednesday made the bulls very happy, but is the latest multimonth rally in the Dow just about done?...
DRQ: Fading Money Flows
ARTICLE SYNOPSIS ...Dril-Quip, Inc. shares are bumping into a strong area of statistically significant resistance, even as short- and long-term money flows are waning....
MDY: Overboughts Outweighing Oversolds
ARTICLE SYNOPSIS ...If you want advance notice of an impending short-term cycle high or cycle low, simply keep track of the ratio of overbought to oversold stocks....
S&P 500 Index Preparing For Sell-Off?
ARTICLE SYNOPSIS ...Price cycle and money flow analysis both agree that the S&P 500 may be due for another correction soon....
Apple Computer : Sudden Sell-Off; More Losses Ahead?
ARTICLE SYNOPSIS ...Shares of Apple Computer recently enjoyed a nice two-month rally, surging higher by more than 30%; however, Wednesday's bearish gap is suggesting that the party is officially over....
A Trading Method For The Long Haul
ARTICLE SYNOPSIS ...Shares of UGI Corp. appear to be on track to making a major multicycle low in the near future....
Unisys Corp. - Swing Buy Setup Forming?
ARTICLE SYNOPSIS ...Shares of Unisys Corp. are once again trading just above a key support level; will a new buy signal soon result?...
Qualcomm: Bullish Breakout Attempt Underway
ARTICLE SYNOPSIS ...Shares of Qualcomm Inc. are breaking above a key resistance zone, with more gains likely in the days ahead....
Facebook: A Pause Before A New Multi-Month High?
ARTICLE SYNOPSIS ...Facebook shares continue to remain strong, shrugging off the recent weakness in the broad markets with ease. Is a correction overdue or does this stock still have more ground to gain?...
DANG: Continuation Move Down Into Cycle Low?
ARTICLE SYNOPSIS ...Shares of e-Commerce China Dangdang Inc. are down by more than 33% in the last three weeks, but could be descending into a major cycle low near an important support area....
Product review: TradingMarkets Live Screener
ARTICLE SYNOPSIS ...Stock and ETF screeners aren't a new concept; there have been many on the market for some time now. One of the most interesting and useful of the technicals-only online stock and ETF screeners is offered by TradingMarkets.com, called the TradingMarkets Live Screener, available on a monthly or annual subscription basis....
AAPL: Bearish Turn
ARTICLE SYNOPSIS ...Shares of Apple Computer had risen more than 38% since this summer's lows, the giant reversal bar that just printed suggests that the party is over for now....
CHS: Setting Up For A Short?
ARTICLE SYNOPSIS ...Shares of Chico's Fas Inc. have been struggling to regain lost ground in the wake of its summertime sell-off, but its near-term pathway looks to be back down to test a key support level....
FedEx: All-Time Highs
ARTICLE SYNOPSIS ...Now trading at multidecade highs, shares of FedEx Corporation may be approaching a near-term profit-taking zone....
CAT
ARTICLE SYNOPSIS ...Shares of Caterpillar Inc. gapped sharply lower after Q3 earnings miss estimates by nearly 14%....
Devon Energy: Due For Pullback
ARTICLE SYNOPSIS ...A number of S&P 500 index stocks are manifesting short-term reversal patterns, including shares of Devon Energy....
SAP: Great Earnings, Heavy Resistance
ARTICLE SYNOPSIS ...When a stock gaps higher into a strong resistance zone, wise traders will exercise patience and wait for a suitable entry point to appear....
SWK: Earnings Miss Wipes Out Four-Month Rally
ARTICLE SYNOPSIS ...Earnings really do matter, as the major plunge in Stanley Black & Decker shares clearly confirm....
SanDisk: Surging To New Highs
ARTICLE SYNOPSIS ...Shares of SanDisk are surging higher again, making a near-term covered call play attractive....
Newmont Mining: Approaching Cyle Low?
ARTICLE SYNOPSIS ...Down by nearly 65% since November 2011, shares of Newmont Mining look to be close to a bullish reversal zone....
Chevron: Selloff Completed, Rally In Effect
ARTICLE SYNOPSIS ...Shares of Chevron Corp. (CVX) are being pulled higher by a strong short-covering rally after a major price pattern completes....
DIA: Bullish Reversal Imminent
ARTICLE SYNOPSIS ...Of all the major US stock indexes, it's the Dow 30 Industrials that has been sold off the most; but a near-term short covering rally is now at hand....
SPY and VXX: Interesting Inverse Correlations
ARTICLE SYNOPSIS ...No broad-market analysis studies are one hundred percent accurate, but many can still be used to help predict near-term reversals in the S&P 500 index....
US Dollar Index: Bullish Reversal
ARTICLE SYNOPSIS ...The US Dollar futures sold off steadily over the past month but have now reversed higher after successfully testing a key support area....
DANG: An Instructive Chart Setup
ARTICLE SYNOPSIS ...Learning what to look for when evaluating a breakout stock candidate can help make your pathway to profits much easier....
Quicksilver Resources: Breaking Higher From Base
ARTICLE SYNOPSIS ...Shares of Quicksilver Resources have staged a strong flat-base bullish breakout, with more gains anticipated....
PCG: Important Support Test At Hand
ARTICLE SYNOPSIS ...Shares of PG&E may soon have the opportunity to test two important support levels as October approaches....
Kroger: Consolidating But Bearish Breadown Possible
ARTICLE SYNOPSIS ...Shares of grocery giant Kroger Co. have been in a sideways range for the last two weeks after having made an all-time high -- which way next for Kroger?...
HAL: Post-High Correction Underway
ARTICLE SYNOPSIS ...Shares of Halliburton rose by 120% between June 2012 and early November 2013 but are now correcting back to test support levels....
JC Penney: Bear Rally into Resistance
ARTICLE SYNOPSIS ...Despite returning worse than expected Q3 earnings, shares of JC Penney gap higher -- right into a key resistance zone....
Best Buy Becomes Big Sell as Key Support Shattered
ARTICLE SYNOPSIS ...Shares of Best Buy plunged nearly nine percent, setting the stage for yet more downside....
High-Flier Boeing Stalls With Exhaustion Gap
ARTICLE SYNOPSIS ...Boeing shares have been on a bullish tear, but the appearance of a new gap after a powerful bullish swing move suggests that the stock is heading for a correction....
CBAK: Bullish Moving Average Cross
ARTICLE SYNOPSIS ...With the four-year long bear market in shares of China BAK Battery, Inc. now a done deal, the stock appears to be preparing for a possible move up toward its next key resistance levels....
FRX: Multiyear Highs And Bullish Momentum
ARTICLE SYNOPSIS ...Shares of Forest Labs are on a strong bullish tear, and may be a great covered call play....
MSO: Parabolic Rise Toward Key Resistance
ARTICLE SYNOPSIS ...Up by as much as 60% since early October 2013, shares of Martha Stewart 'A' my be preparing for a minor pullback....
Home Depot: Approaching Support Area
ARTICLE SYNOPSIS ...Shares of home improvement retailer Home Depot are descending toward a key support zone....
DIA: Bearish Reversal Already Underway?
ARTICLE SYNOPSIS ...After experiencing such an astounding 56-month long bull market, is the Dow 30 ready to make a major bearish turn?...
ExxonMobil: Bearish Turn Ahead?
ARTICLE SYNOPSIS ...Shares of ExxonMobil have traced out an incredible, potentially bearish, Fibonnaci-derived chart pattern....
FAZ: Rising As Financials Decline
ARTICLE SYNOPSIS ...Shares of Direxion Daily Financial Bear 3x Shares are beginning a bullish breakout as the financial sector stocks begin a pullback to support levels....
PetSmart: Gap Down To Major Support
ARTICLE SYNOPSIS ...The smart money has been quietly accumulating shares of PetSmart Inc. during the stock's recent 10% correction....
EUR/USD: Euro Breakdown As Dollar Surges
ARTICLE SYNOPSIS ...Despite no change in the Fed's $85 billion monthly bond purchase plan, the US dollar surges and the Euro heads south....
AUD/USD: Setting Up For A Rally?
ARTICLE SYNOPSIS ...After enduring a month-long decline of more than 8%, the Australian Dollar/US Dollar currency pair may be setting up for a bullish reversal....
BMY: Can This Rally Continue?
ARTICLE SYNOPSIS ...Shares of Bristol Myers Squibb have been on a six month long tear; is a correction soon to appear - or not?...
Citigroup: Correcting Back To Support?
ARTICLE SYNOPSIS ...After a major year-long rally, Citigroup shares appear to be in the initial stages of a proportional correction....
Walgreens Co. : Prescription For A Correction?
ARTICLE SYNOPSIS ...Shares of Walgreens Co. had risen nearly 80% since last summer's major low, but now appear to have hit a major supply area and are in the early stages of a correction....
FTI: Multiyear High And Strong Money Flows
ARTICLE SYNOPSIS ...Shares of FMC Technologies (FTI) continue to soar ever higher; is this a time to be a buyer, or should traders wait for a correction first?...
Morgan Stanley: Correction Probabilities Increase
ARTICLE SYNOPSIS ...Currently trading at a two-year high, shares of Morgan Stanley are becoming increasingly vulnerable to a correction....
VALE: Key Support Test Underway
ARTICLE SYNOPSIS ...Shares of Vale Sa. are off by nearly 29% since early January 2013, with more declines possible if key support fails to hold....
Citigroup: Money Flow Suggests Distribution Underway
ARTICLE SYNOPSIS ...Citigroup shares continue to soar, but money flow analysis reveals that the "smart money" is already in the process of distributing their shares to lesser-informed market participants....
MetLife Inc.: Strong Money Flow May Prompt Breakout
ARTICLE SYNOPSIS ...Shares of MetLife, Inc. are up nearly 54% in less than a year -- with more near-term gains possible....
QQQ: Nearing A Major Multicycle High?
ARTICLE SYNOPSIS ...The great 2009-2013 bull market continues onward in the Nasdaq 100 index, but is a significant correction just ahead?...
Micron Technology: An Attractive Covered Call Play
ARTICLE SYNOPSIS ...Micron Technology's bullish breakout appears to have plenty of money flow fuel in its tank to travel to higher price levels....
Oceaneering International: Good Fundamentals But Due To Correct
ARTICLE SYNOPSIS ...Up by more than 71% since June 2012, shares of Oceaneering International may be due to correct back to test support soon....
Microsoft: Is Its Bull Run Done?
ARTICLE SYNOPSIS ...Outperforming all other S&P 100 index component stocks over the last four weeks, shares of Microsoft Corp. appear due for a breather....
Time Warner: Vulnerable To A Correction Soon?
ARTICLE SYNOPSIS ...Having experienced a rise of 80% in the past 11 months, shares of TWX are beginning to become more vulnerable to a correction....
Boeing Soars To New Multiyear High
ARTICLE SYNOPSIS ...Shares of Boeing Company continue to gain altitude, setting yet another new multiyear high....
UNG: Recent Rally Produces Golden Cross
ARTICLE SYNOPSIS ...Shares of the United States Natural Gas ETF (UNG) appear to be at a near-term top but within a longer term bullish framework....
PAA: Heavy Distribution Evident
ARTICLE SYNOPSIS ...Shares of Plains All American Pipeline are up by more than 30% since the end of 2012, but its rally may soon run out of gas....
Scanning For Swing Trade Setups
ARTICLE SYNOPSIS ...When a stock is leading the market higher on a given day, scanning for intraday swing trade setups may uncover additional opportunities....
GFI : Bullish Reversal In The Making?
ARTICLE SYNOPSIS ...Down by more than 60% since July 2011, shares of Gold Fields Ltd. may be in the process of preparing for a bullish turnaround....
BVN: Making A Bullish U-Turn?
ARTICLE SYNOPSIS ...Shares of Comp De Minas Buenaventura took quite a beating over the past two months, but signs of a bullish turnaround are now manifesting....
MDY: Closing In On A Major High?
ARTICLE SYNOPSIS ...Just like its large and small cap peers, this key mid-cap stock ETF has been very strong but may be near to an important cycle high....
KGC: Ready To Break Higher?
ARTICLE SYNOPSIS ...Shares of Kinross Gold Corp. appear to have already made a major low and may soon break higher....
Russell 2000 Index: Cycle High Due In April 2013
ARTICLE SYNOPSIS ...Small cap stocks just keep on rising, and with the Russell 2000 index now at fresh multiyear highs, now is a good time to estimate when its next cycle high will appear....
Freeport-McMoran: More Rally Ahead?
ARTICLE SYNOPSIS ...With such strong support in the 30.00-31.00 area, might FCX be pulling back one more time before a major rally ensues?...
Gilead Sciences: Upward Momentum Slowing
ARTICLE SYNOPSIS ...Shares of Gilead Sciences, Inc. have been in a long-term bull market for several years, but warnings of a bearish trend reversal are now in place....
BPL: Money Flow Failing To Keep Up
ARTICLE SYNOPSIS ...Shares of Buckeye Partners, LP are up by 34% since late December 2013, but technicals suggest that a pullback may be due soon....
Krispy Kreme: Is Its Sugar High Waning?
ARTICLE SYNOPSIS ...It's been a sweet ride higher for bulls holding long positions in Krispy Kreme Doughnuts since August 2012, but the stock's key technicals are warning that the latest sugar buzz in the stock is fading fast, with a correction coming soon....
CLDX: Plenty Of Warning Before The Plunge
ARTICLE SYNOPSIS ...Up by nearly 450% in 17 months - prior to today's plunge -shares of Celldex Therapeutics had given prior warning that its latest parabolic rise was unsustainable....
Gold And Silver Miners Prepare To Reverse Higher
ARTICLE SYNOPSIS ...They've been sold off mercilessly for the past few months, but a tradable bottom reversal may soon be at hand for the stocks in the precious metals mining industry group....
Hewlett-Packard: More Gains Likely?
ARTICLE SYNOPSIS ...Up by more than 80% since late November 2012, shares of Hewlett Packard may still have a bit more to run before a meaningful pullback hits....
Apache: More Near-Term Downside Due?
ARTICLE SYNOPSIS ...Off by nearly 11% year-to-date, shares of Apache Corp. may need another six to eight weeks before a solid multicycle low can be achieved....
FCX : Close to a Major Turn?
ARTICLE SYNOPSIS ...Down by 50% over the past two years, shares of Freeport-McMoran Copper and Gold may be closing in on an important multicycle low....
PBR: Onset Of A Bullish Reversal?
ARTICLE SYNOPSIS ...Down by as much as 34% in just the past seven weeks, shares of Petrobrasileira S.A. may finally be at or near a key bullish reversal area....
Iron Mountain: Down In The Dumps
ARTICLE SYNOPSIS ...Shares of Iron Mountain (IRM) are down by nearly 30% in the last nine weeks, with even more downside possible....
iShares Gold Trust: Triple Bottom Pattern
ARTICLE SYNOPSIS ...Down by about 25% since October 2012, the iShares Gold Trust ETF is now close to a major support zone....
IMAX : Heading For Support?
ARTICLE SYNOPSIS ...Shares of IMAX Corp. are off by nearly 14% since late May 2013; is this stock due to meet up with major support soon?...
Peabody Energy: Bullish Money Flow Divergence
ARTICLE SYNOPSIS ...Down by more than 40% since late October 2013, shares of Peabody Energy may now be under accumulation....
LLY: Nearing A Significant Support Zone?
ARTICLE SYNOPSIS ...Shares of Eli Lilly are down by 11% over the past month but may get a bit of a bounce if a key support level holds up....
YRCW: A Major Bull Run
ARTICLE SYNOPSIS ...Shares of YRC Worldwide, Inc. have been surging higher since staging a major breakout six weeks ago....
MXIM: Prepping For A Bounce?
ARTICLE SYNOPSIS ...Shares of Maxim Integrated Products, Inc. have declined by nearly 15% in the last month but may now be nearing a critical support test....
Qualcomm: Breakdown Likely This Week?
ARTICLE SYNOPSIS ...Shares of Qualcomm, Inc. look ripe for another spike lower to a key support level....
DISCA: Breakdown From Three-Month Consolidation
ARTICLE SYNOPSIS ...Having recently breached the downside of a three month old trading range pattern, shares of Discovery Communications appear to be setting up for yet another leg down....
Citigroup: Major Support Test Imminent?
ARTICLE SYNOPSIS ...Citigroup shares have finally started to correct, but will a fast-approaching support area have what it takes to stop a further decline?...
Home Depot: Due To Correct Further
ARTICLE SYNOPSIS ...After a massive multiyear bull run that produced gains of nearly 400%, shares of Home Depot are in the process of correcting....
Financial Sector Stocks Correction?
ARTICLE SYNOPSIS ...Financial sector stocks enjoyed a major rally from October 2011 into May 2013 but a correction and/or trend reversal of the entire run higher appears to be in the works....
USD/CAD: Near Term Correction Due?
ARTICLE SYNOPSIS ...Up by nearly 4% in the past three weeks, the USD/CAD currency pair appears to be getting close to a pullback....
Electronic Arts, Inc. - Distribution Underway?
ARTICLE SYNOPSIS ...Shares of Electronic Arts, Inc. are still trading at multiyear highs, but is this stock getting vulnerable to a sell-off?...
IWM : Big Turn In The Making?
ARTICLE SYNOPSIS ...For a major stock index to rise nearly 40% in eight months is no small feat; might the time be here when the Russell 2000 index begins to retrace a third of those gains?...
HMA: Proportional Pullback To Support
ARTICLE SYNOPSIS ...Shares of Healthcare Management Associates, Inc. are up by more than 150% since June 2012 and may soon be offering traders and investors a low risk pullback entry opportunity....
Netflix: Red Hot And Still Rising
ARTICLE SYNOPSIS ...Up by more than 350% since August 2012, shares of Netflix may soon make it back up to their 2011 pre-crash highs....
NYT: Classic Pullback In A Bull Market?
ARTICLE SYNOPSIS ...Shares of New York Times 'A' stock (NTY)are up by 38% since making a major multicycle low on May 1, 2013 and are now sitting at an important support level; if this level holds off further selling, the odds are good for a tradable bullish swing move during the next few trading sessions. Here's a closer look....
PFG: Running On Fumes?
ARTICLE SYNOPSIS ...What is a stock running higher on if it has bearish money flow, is under heavy distribution, and also belongs to a fundamentally weak industry group?...
Abbott Labs : Potential Short Setup
ARTICLE SYNOPSIS ...Shares of Abbott Laboratories, Inc. have met up with strong resistance after a two-week rally....
CarMax: A Buy After A Mini-Decline?
ARTICLE SYNOPSIS ...Buying/selling pullbacks near short-term oversold/overbought extremes can still be a viable trading strategy....
GMED: 3/10 Oscillator Signalling A Buy
ARTICLE SYNOPSIS ...Shares of Globus Medical Inc. are setting up for a new long swing trade entry....
DANG: A Prime Long Re-Entry Point?
ARTICLE SYNOPSIS ...Shares of E-Commerce China Dangdang Inc. have covered a great deal of ground over the past nine weeks, with a new buying opportunity now appearing....
IWM: Ripe For Profit-Taking?
ARTICLE SYNOPSIS ...Up by nearly 8% in the past couple of weeks, the iShares Russell 2000 index ETF looks vulnerable to profit-takers....
First Majestic Silver Corp: Bullish Divergences
ARTICLE SYNOPSIS ...Shares of First Majestic Silver Corp. have been bludgeoned by the market during the first half of 2013; will the second half of this year see a meaningful reversal in this stock?...
Molycorp Inc.: Finally, A Major Low?
ARTICLE SYNOPSIS ...Down by as much as 94% since May 2011, shares of Molycorp Inc. may already be into a well developing double bottom pattern....
Consol Energy: Bearing Down On Key Support
ARTICLE SYNOPSIS ...Shares of Consol Energy are down markedly in the last five weeks and are now approaching a major support level....
State Street's Parabolic Rise Warns Of Correction
ARTICLE SYNOPSIS ...Up by more than 44% in just six months, shares of State Street Corp. are now in a parabolic rise -- one stronger than any that it's seen in the past 15 years....
MTW Outperforming Among Ag Machinery Peers
ARTICLE SYNOPSIS ...Sometimes, a stock will far outperform its industry group peers, offering astute investors and traders an opportunity....
AEM Approaching A Low-Risk Buy Zone?
ARTICLE SYNOPSIS ...Shares of Agnico-Eagle Mines Ltd. enjoyed a bullish second half during 2012 and may again be poised for a tradable rally beginning within the next week or two....
Transocean Ltd. Sees Strong Rally; Pullback Likely Near Term
ARTICLE SYNOPSIS ...Shares of Transocean Ltd. recently staged a stunning rally -- fundamentals and technicals are bullish, but a minor pullback is likely in the near term....
AAPL Bullish Reversal Setting Up?
ARTICLE SYNOPSIS ...After enduring a four-month long decline, shares of Apple Inc. may finally be approaching a key bullish reversal zone....
Goldman Sachs And Its New 18-Month High
ARTICLE SYNOPSIS ...Among financial sector stocks, few are hotter right now than shares of Goldman Sachs, and it appears to be poised for even bigger gains....
Ford Motor Exhaustion Gap Warns Of Decline
ARTICLE SYNOPSIS ...Ford Motor shares have enjoyed a strong rally since summer 2012, but its new exhaustion gap pattern is warning of a possible reversal soon....
Visa International Near-Term Peak Approaches
ARTICLE SYNOPSIS ...Shares of Visa International are up by more than 110% in the past 28 months, but signs of distribution are clearly evident....
CAT Trading At Multimonth Highs
ARTICLE SYNOPSIS ...Shares of CAT recently surged higher on a powerful breakaway gap; the stock's key technicals are also in agreement with the move higher....
Bank of America's New 52-Week High
ARTICLE SYNOPSIS ...The bulls kick off 2013 with a powerful rally, with shares of Bank of America leading the charge higher....
Is GDX Ready To Reverse Upward?
ARTICLE SYNOPSIS ...Shares of the Market Vectors Gold Miners exchange traded fund are off by more than 18% since late September, but early signs of an impending rebound may be appearing....
KEG Consolidating Until The Next Rally?
ARTICLE SYNOPSIS ...Shares of Key Energy Services staged a steady 11-week rally between November 2012 and February 2013, but more sideways or downside action is likely before another leg higher can commence....
Goldman Sachs Trend Reversal Near?
ARTICLE SYNOPSIS ...Off to an incredibly bullish start for 2013, shares of Goldman Sachs may be getting very close to a medium-term top....
IAG Weakest Relative Strength Among Gold Miners
ARTICLE SYNOPSIS ...Shares of IAMGold Corp. are attempting to hammer out a double-bottom pattern against a heavy tide of selling pressure....
Atmel Corp. Fakeout Rally Under Way?
ARTICLE SYNOPSIS ...Shares of Atmel Corp. are up by more than 60% over the past three months, but the smart money appears to have already abandoned ship in this key semiconductor issue....
Halliburton Breaks To New 52-Week High
ARTICLE SYNOPSIS ...After three weeks of range-bound price action, shares of Halliburton have just made a decisively bullish breakout....
For Bank Of America, Cycles Warn Of Near-Term High
ARTICLE SYNOPSIS ...Shares of Bank of America continue to trend higher, but two key price cycles are warning of a near-term reversal....
Morgan Stanley Correction Overdue?
ARTICLE SYNOPSIS ...Shares of Morgan Stanley are up by more than 90% since early summer 2012, but its key technicals warn of an impending correction....
LOW Negative Money Flow Divergences
ARTICLE SYNOPSIS ...Shares of Lowe's Cos. are up by nearly 60% since August 2012, but negative price money flow divergences are warning that a significant correction may soon take the stock lower....
Alon Energy USA Divergence Signal Near Major High
ARTICLE SYNOPSIS ...Shares of ALJ have had a strong bullish run since June 2012 but may be due for a proportional pullback to support soon....
A Sharp Selloff Into Major Support For NOV?
ARTICLE SYNOPSIS ...Shares of National Oilwell Varco have been performing poorly compared to its oil services group peers, but a tradable multicycle low may soon be at hand....
CCJ's Successful Support Test Completed?
ARTICLE SYNOPSIS ...Up by more than 30% in fewer than three months, shares of Cameco Corp. may be setting up for yet another push higher....
PulteGroup's Bearish Breakaway Gap
ARTICLE SYNOPSIS ...Shares of PulteGroup have enjoyed a massive runup in price since October 2011, but a new bearish breakaway gap is warning of a major reversal in trend....
For JB Hunt Transport, A Peak Or A Pause?
ARTICLE SYNOPSIS ...Shares of JB Hunt Transport are rising strongly as 2013 begins, but can its latest rally last much longer?...
APC : Major Bearish Turn
ARTICLE SYNOPSIS ...When a major bull run in a large-cap stock ends, it sometimes happens with great speed and power....
TSLA: B-Wave Bounce Done?
ARTICLE SYNOPSIS ...Tesla Motors shares may be ready to reverse lower again after its current B-wave bounce completes....
KKD: More Declines Before Hitting Support
ARTICLE SYNOPSIS ...Large bearish gaps made soon after an all-time high is reached in a popular stock usually warn of an extended correction, if not an outright bear market....
WYNN: Time To Lock In Gains To Avoid Loss?
ARTICLE SYNOPSIS ...Up by nearly 130% since July 2012, shares of Wynn Resorts Ltd. appear to be under distribution prior to a correction....
NKE: Bearish Trend Reversal
ARTICLE SYNOPSIS ...After rallying nearly 80% in 13 months, shares of Nike, Inc. 'B' stock are beginning to reverse lower....
Priceline.com: Five-Wave Pattern Near Completion
ARTICLE SYNOPSIS ...Shares of Priceline.com may be close to reaching their ultimate high of a well-defined Elliott Wave pattern....
Micron Technology: Approaching Upside Pattern Targets
ARTICLE SYNOPSIS ...Micron Technology shares are up by 330% since October 2012 but may be due for a correction soon....
VXX: Pausing Before Another Spike?
ARTICLE SYNOPSIS ...Volatility in the S&P 500 index is heating up as a major, broad market correction in US stocks is setting up....
Southwest Airlines: Change Of Flight Plan
ARTICLE SYNOPSIS ...The latest three-month rally in shares of Southwest Airlines is correcting, as are those of other airline stocks....
MMM: Trend Reversal Underway
ARTICLE SYNOPSIS ...Up by as much as 54% in the last 54 weeks, shares of 3M Company may now be in the early stage of a significant correction....
OIH: Intraday Bullish Reversal
ARTICLE SYNOPSIS ...The oil services group is likely at the start of another rally phase as 2013 comes to a close....
PulteGroup's Bearish Breakaway Gap
ARTICLE SYNOPSIS ...Shares of PulteGroup have enjoyed a massive runup in price since October 2011, but a new bearish breakaway gap is warning of a major reversal in trend....
EQIX: Rising Higher, But Getting Overbought?
ARTICLE SYNOPSIS ...Shares of Equinix, Inc. are rallying again as a bullish price/money flow divergence has been playing out. Can it lock in more gains before a pause or reversal lower?...
First Solar, Inc. - Look Out Below?
ARTICLE SYNOPSIS ...Shares of First Solar, Inc. are trading near an important make-or-break point that could help determine the direction of the stock for the next few months....
JNPR: Swing Buy Setup Approaching?
ARTICLE SYNOPSIS ...Still outperforming the S&P 500 index over the past three months, shares of Juniper Networks appear to be close to a major support area and possible bullish reversal....
ExxonMobil: Is The Selling Overdone?
ARTICLE SYNOPSIS ...Down by 10% during the past month, shares of ExxonMobil are getting close to a key support zone....
Chevron: Nearing A Major Turn?
ARTICLE SYNOPSIS ...Shares of Chevron Corp. have been trending lower for the past four weeks. Will its 200-day moving average once again act as major support?...
HBI: Descending Into A 40-Day Cycle Low?
ARTICLE SYNOPSIS ...Still up by more than 170% since January 2012, shares of Hanesbrands, Inc. appear to be dropping toward a major support zone....
E-Trade Financial : More Fifth Wave Rally Due?
ARTICLE SYNOPSIS ...Up by nearly 110% since mid-summer 2012, shares of E-Trade Financial have pulled back to a minor support area. Is a new rally to be expected?...
Harman International : Powerful Uptrend
ARTICLE SYNOPSIS ...Up by an astounding 49% in just seven weeks, shares of Harman International may be poised to surge even higher....
BSMX : Nearing Significant Resistance
ARTICLE SYNOPSIS ...Shares of Grupo Financiero Santander Mexico have risen sharply over the past week, but will a powerful resistance area be able to hold this bank stock back-or not?...
ZMH : Breakout Approaches - But Which Way?
ARTICLE SYNOPSIS ...Shares of Zimmer Holdings appear to be close to a meaningful breakout, and a key support test will likely determine their near-term direction....
Gamestop: Game Over?
ARTICLE SYNOPSIS ...Shares of Gamestop Corp. enjoyed a 200%+ rally over the past year, but has the "smart money" been selling out?...
DRE: Will Its 200-Day Average Provide Support?
ARTICLE SYNOPSIS ...Shares of Duke Realty recently ended a multi-month rally. Will its latest major pullback to support result in another leg higher?...
Goodyear? Up Until Now, Anyway
ARTICLE SYNOPSIS ...Up by more than 100% since June 2012, is it time for shares of Goodyear Tire and Rubber, Inc. to take a breather?...
Boston Scientific Corp. - Money Flow Trend Crumbling
ARTICLE SYNOPSIS ...Shares of Boston Scientific Corp. are up more than 100% since November 2012 but may be preparing to correct soon....
Ford Motor: Short-Term High Approaching?
ARTICLE SYNOPSIS ...Since bottoming out on February 25, 2013, shares of Ford Motor (F) have begun to trace out a pattern of higher highs and higher lows....
Alaska Air: Consolidating Before Takeoff?
ARTICLE SYNOPSIS ...Shares of Alaska Air (ALK) are consolidating after enjoying a massive rally; will this stock continue to run higher in 2013?...
Dow Chemical: Powerful Rally in Place
ARTICLE SYNOPSIS ...Shares of Dow Chemical (DOW) have surged by nearly 13% in the last eight days, with more near-term gains possible....
HMY: Bullish Turn In Process
ARTICLE SYNOPSIS ...After enduring a prolonged decline, shares of Harmony Gold Mining (HMY) have now begun to turn higher along with its peers in the ARCA gold bugs index....
Southern Copper Corp.: Some More Bounce Left
ARTICLE SYNOPSIS ...Shares of Sothern Copper Corp. (SCCO) have rallied nicely since making a minor cycle low, with perhaps a bit more upside to go....
Gold Stocks Seeking A Multiyear Bottom
ARTICLE SYNOPSIS ...The ARCA gold bugs index is in the midst of its largest selloff since 2008, but it may soon meet with a formidable support level....
TransOcean Ltd Near Major Support
ARTICLE SYNOPSIS ...Down by more than 21% over the past nine weeks, shares of Transocean Ltd. (RIG) are closing in on an important support level....
FCX Gaps Below Support
ARTICLE SYNOPSIS ...Shares of Freeport McMoran Copper and Gold are selling off hard, gapping below a key support level....
OIH: New Long Trade Setup
ARTICLE SYNOPSIS ...After being in consolidation/pullback mode for the past eight weeks, the stocks in the oils services industry group look ready to stage a long breakout....
Allied Nevada Gold Corp. Rocketing Higher
ARTICLE SYNOPSIS ...Shares of Allied Nevada Gold Corp. have staged a sharp turnaround, with many other gold/silver stocks following suit....
Gold Bugs Index Nearing Possible Support?
ARTICLE SYNOPSIS ...Down by 40% in little more than six months, the ARCA gold bugs index is now in the vicinity of two important support areas....
QCOM: Ready To Tank?
ARTICLE SYNOPSIS ...Shares of Qualcomm, Inc. may be on the verge of another trip south of their 50-day moving average....
Small Cap And Large Cap Stocks Diverging
ARTICLE SYNOPSIS ...Over the past three weeks, small-cap stocks have struggled even as their large-cap brethren have been marching higher toward an all-time high....
APO: Bucking The Tide In A Sea Of Red
ARTICLE SYNOPSIS ...When a fundamentally attractive stock rallies strongly on a day when the broad markets are tumbling, traders and investors should take notice....
IBB: New Multiyear High
ARTICLE SYNOPSIS ...Biotech/drug stocks are leading the S&P 100/500 indexes higher, and in a big way....
Ditto Trade
ARTICLE SYNOPSIS ...Imagine a scenario where you open and fund a brokerage account, download one of its trading platforms, and then review the real-world trading track records of a group of high-performance traders and/or trading advisory services....
More Downside For AEM, Then A Rally?
ARTICLE SYNOPSIS ...Shares of Agnico-Eagle Mines, Ltd., rose more than 66% between early April and mid-September 2012. Is this party finally over?...
More Pullback Due For eBay?
ARTICLE SYNOPSIS ...Ebay has had a terrific bull run for nearly a full year now; after it completes a further pullback, will it rise yet again?...
Emerson Electric New Short Signal
ARTICLE SYNOPSIS ...Shares of Emerson Electric appear to be on the verge of another decline as a new short trading signal fires on its daily chart....
Medtronic Multicycle High Approaches
ARTICLE SYNOPSIS ...Shares of Medtronic Inc. are up by more than 21% since early June 2012. Cycle studies indicate a major multicycle high is soon to appear, however....
Time Warner Peaking Before Pullback?
ARTICLE SYNOPSIS ...Shares of Time Warner have enjoyed a steady rally since early June 2012. Is this bull run nearly over?...
CDE Cycle High Due?
ARTICLE SYNOPSIS ...Precious metals stocks have been on a rampage for two months now. Is the rally due for a rest soon?...
WMT Breakdown Looming?
ARTICLE SYNOPSIS ...Shares of Wal-Mart Stores have enjoyed a sizable rally since late April 2012, and now, cycle studies suggest a pullback is due....
Wide-Range Chaos For NOV?
ARTICLE SYNOPSIS ...Tuesday's wild price action in shares of National Oilwell Varco may be an advance warning of an impending change in trend....
Time For Oracle Corp. To Change The Channel?
ARTICLE SYNOPSIS ...Shares of Oracle Corp. have remained within the bounds of a remarkably steady uptrend channel for more than four months now, but is that about to end?...
Walgreen's Preparing For Launch?
ARTICLE SYNOPSIS ...Shares of Walgreen Co. appear to be in the early stages of what could be a significantly bullish continuation move....
UTX To Expect A Continuation Move?
ARTICLE SYNOPSIS ...Shares of United Technology enjoyed a powerful two-day rally in the wake of Thursday's QE3 announcement by the Fed, and a continuation move is likely....
Wells Fargo Latest Breakout Is Low On Fuel
ARTICLE SYNOPSIS ...Banking stocks staged major bullish rallies after the Federal Reserve decided to add more liquidity to the banking system on Thursday. But will some of this money find its way into Wells Fargo shares in time?...
PENDY'S PICKS: September 14, 2012
ARTICLE SYNOPSIS ...The .OEX rocketed higher on September 13 after the announcement of QE3....
Visa Multicycle Low Due?
ARTICLE SYNOPSIS ...Shares of Visa, Inc., have enjoyed a terrific bull run since early 2009. What might be in store next for this major financial sector player's stock price?...
PENDY'S PICKS: September 13, 2012
ARTICLE SYNOPSIS ...The .OEX inched higher again on Wednesday, appearing ready possibly preparing to make another attempt at a new high....
EGO Hitting Major Resistance?
ARTICLE SYNOPSIS ...Shares of Eldorado Gold Corp. are up by nearly 50% over the last seven weeks but may now be hitting a major wall of resistance....
PENDY'S PICKS: September 12, 2012
ARTICLE SYNOPSIS ...The .OEX cranked slightly higher on Tuesday, appearing ready to make another attempt at a new post-crash high....
FCX Powerful Price/Volume Breakout
ARTICLE SYNOPSIS ...Shares of Freeport McMoran Copper and Gold shot higher on Friday. Does this breakout have enough firepower to advance much further before retreating?...
PENDY'S PICKS: September 11, 2012
ARTICLE SYNOPSIS ...The .OEX reversed course on Monday, confirming that its five-day price cycle has made a top; the 20- and 40-day cycles are still forecasting higher prices for the next one to two weeks, however....
More Gains To Come For Bank Of America?
ARTICLE SYNOPSIS ...Price cycle studies suggest that Bank of America shares may be due for more gains in the weeks ahead....
PENDY'S PICKS: September 10, 2012
ARTICLE SYNOPSIS ...The .OEX continued on its upward trajectory on Friday, further confirming its latest bullish breakout....
AMZN Multiyear High
ARTICLE SYNOPSIS ...Shares of Amazon have once again surged to a new all-time high. Are more gains in store, or is this party soon to end?...
PENDY'S PICKS: September 7, 2012
ARTICLE SYNOPSIS ...The .OEX broke higher from a minor consolidation zone on Thursday, surging upward by more than 2%....
DELL Multicycle Low Approaches
ARTICLE SYNOPSIS ...Shares of Dell are down by more than 80% from their all-time highs but may be preparing to stage a minor rebound soon....
Is A Morgan Stanley Pullback Due?
ARTICLE SYNOPSIS ...Since putting in a double bottom this summer, Morgan Stanley shares have rebounded nicely; is a pullback due now that Fibonacci resistance has manifested?...
PENDY'S PICKS: September 5, 2012
ARTICLE SYNOPSIS ...The .OEX closed a tiny bit lower on Tuesday; cycles analysis suggests that one more thrust higher by mid- to late September is due....
Halliburton Pullback Or Trend Reversal?
ARTICLE SYNOPSIS ...While it's almost impossible to determine if a simple pullback is actually the precursor to a major trend reversal, there are some useful technical tools that can help eliminate some confusion....
PENDY'S PICKS: September 4, 2012
ARTICLE SYNOPSIS ...The .OEX turned higher again on Friday. Is the index setting up for a final thrust higher into mid- to late September?...
Scanning For Reversal Setups
ARTICLE SYNOPSIS ...No matter which time frame you enjoy trading in, it's always a good idea to look at the big picture to see which stocks are making significant pullbacks and/or trend reversals....
Amazon.com Cycle Low, Short-Covering, Or Both?
ARTICLE SYNOPSIS ...Shares of Amazon finally found support near their 200-day exponential moving average on Friday. Is this the start of a fresh rally or merely a technical bounce before larger declines?...
Procter And Gamble Rally Approaching Its End?
ARTICLE SYNOPSIS ...Shares of Procter & Gamble appear to be close to the termination point of their latest four-month rally....
Lockheed Martin Ahead Of Schedule?
ARTICLE SYNOPSIS ...Shares of Lockheed Martin reached a new multiyear high on Wednesday, October 24, and may be setting up to move even higher....
HAL 40-Day Cycle Low By Mid-November?
ARTICLE SYNOPSIS ...Shares of Halliburton, Inc., enjoyed a solid rise from late June until mid-September 2012, but the second stage of a proportional correction is already under way....
Capital One Financial Pullback Just Ahead?
ARTICLE SYNOPSIS ...Shares of Capital One Financial have enjoyed a steady, yet choppy uptrend since early June 2012, but a significant pullback may be imminent....
EBAY's Sudden Surge Higher
ARTICLE SYNOPSIS ...Shares of eBay, Inc., have surged to another multiyear high and may be on track for even more gains into mid-November 2012....
For Citigroup, A New CEO But The Same 80-Day Cycle
ARTICLE SYNOPSIS ...Shares of Citigroup have made a new yearly high, celebrating a change in the banking giant's top brass, but its key price cycles warn of a sharp correction soon....
Dow Chemical Volume And Price Breakout
ARTICLE SYNOPSIS ...After nearly six months of sideways to declining price movement, shares of Dow Chemical may have finally caught a bid, ready to rise strongly into early November 2012....
For Pfizer, A New High, But A Pullback Awaits
ARTICLE SYNOPSIS ...Already in an uptrend for more than 15 months, shares of Pfizer Inc. have fired yet another buy signal....
.SPX Multicycle Low Rapidly Approaching?
ARTICLE SYNOPSIS ...The Standard & Poor's 500 has had quite a bullish run since early June 2012, and now four different price cycles are suggesting that more gains are possible once another multicycle low is complete....
SLV Continuation Move Soon?
ARTICLE SYNOPSIS ...Shares of the iShares Silver Trust rose by more than 34% between late June and late September 2012, with even more gains possible over the next few weeks....
For Costco, New High Prior To Big Decline?
ARTICLE SYNOPSIS ...Shares of retail giant Costco made another new high on October 10, 2012, but a sharp intraday decline soon followed. Is Costco ready for a major correction?...
For ExxonMobil, A New High, Then A Cycle Low?
ARTICLE SYNOPSIS ...ExxonMobil stock has enjoyed a steady uptrend for more than 17 weeks now, but a pullback is likely due soon....
GSS Top Relative Strength Among Gold Miners
ARTICLE SYNOPSIS ...Of the 18 precious metals mining stocks that are outperforming their parent ETF over the past four weeks, none are stronger than shares of Golden Star Resources....
Schlumberger Support Test Under Way
ARTICLE SYNOPSIS ...Having tested its 200-day exponential moving average three times since early August 2012, shares of Schlumberger Ltd. may be preparing for another swing higher into early November 2012....
BK Final Push To A Cycle High?
ARTICLE SYNOPSIS ...When a stock's long-term money flow trend is deteriorating, wise traders and investors take notice....
Google Approaching A Major Multicycle High?
ARTICLE SYNOPSIS ...Shares of Google have soared since mid-June 2012, up by more than 38%. But an important swing high may be approaching, one that could cause a significant correction....
SprintNextel's Big U-Turn
ARTICLE SYNOPSIS ...Sprint Nextel found solid support at its 50-day exponential moving average on October 3, quickly recovering some recent losses....
Scanning For Big Intraday Gainers/Losers
ARTICLE SYNOPSIS ...Here's a brief tutorial on how to identify short-term momentum trade setups in a basket of gold mining stocks....
System Report Card For Walk-Forward Evaluation
ARTICLE SYNOPSIS ...Here's a walk-forward followup on a long-only stock trading system that was featured in the January 2011 issue of STOCKS & COMMODITIES....
General Electric Bearish Divergence
ARTICLE SYNOPSIS ...Having risen more than 320% since March 2009, shares of General Electric may be preparing to correct before moving higher....
Accenture Price/Volume Breakout
ARTICLE SYNOPSIS ...Shares of Accenture roared higher late last week, gapping higher on wide range and big volume; technicals warn the move could be short-lived, however....
Last Hurrah For Williams Cos.?
ARTICLE SYNOPSIS ...Shares of WIlliams Companies rose more than 270% since the major market-wide low of March 2009, but there are indications that the stock may reverse course soon....
ConocoPhillips Channel Support Test Soon?
ARTICLE SYNOPSIS ...ConocoPhillips stock has risen steadily within the confines of a fixed price channel for more than four months now. Are the shares preparing for another channel support test?...
Kinross Gold Setting Up For More Gains?
ARTICLE SYNOPSIS ...Shares of Kinross Gold Corp. have been rising after making two successful tests of support during November, but is this rally destined to fail?...
Bank Of America Bullish Continuation Possible?
ARTICLE SYNOPSIS ...Up by more than 45% over the past six months, shares of Bank of America may be setting up for yet another surge higher into December 2012....
Intel Overdue For A Rally?
ARTICLE SYNOPSIS ...Down by nearly 31% since early May 2012, shares of Intel Corp. may be getting ripe for a bullish trend reversal....
Hewlett-Packard: Are We There Yet?
ARTICLE SYNOPSIS ...Down by more than 76% over the past 31 months, shares of HPQ may soon test a major support level....
OXY Getting Too Oversold?
ARTICLE SYNOPSIS ...Down by more than 21% in the past two months, shares of Occidental Petroleum Corp. may be getting into a historically oversold zone....
Devon Energy Closing In On A Major Low?
ARTICLE SYNOPSIS ...Shares of Devon Energy appear to be getting close to an important price reversal area, and with numerous technical dynamics aligning in bullish fashion, the anticipated rally in this large-cap energy player's stock could provide plenty of opportunity for skilled swing traders. Here's a closer look now....
Is Apache Corp. Preparing For A Reversal?
ARTICLE SYNOPSIS ...Now trading at a new 52-week low, shares of Apache Corp. may be approaching a significant bullish reversal zone....
GILD Bullish Continuation Move?
ARTICLE SYNOPSIS ...Shares of Gilead Sciences have just blasted higher from a well-defined consolidation pattern. Does this key health sector issue have enough buying pressure to keep surging higher?...
Major Low Coming Up For DD?
ARTICLE SYNOPSIS ...Down by more than 17% since September 21, 2012, shares of DuPont are likely getting close to completing a significant multicycle low....
National Oilwell Varco Significant Reversal Likely?
ARTICLE SYNOPSIS ...Shares of National Oilwell Varco have fallen significantly since mid-September 2012, but a bullish reversal may be due soon....
AAPL Nearing Major Support?
ARTICLE SYNOPSIS ...Shares of Apple Inc. (AAPL) have sold off hard since topping nearly seven weeks ago, but this key tech issue may be getting very close to a significant reversal point -- and possibly a great low-risk buying opportunity. Here's a closer look....
Home Depot Bearish Divergence With Price
ARTICLE SYNOPSIS ...Shares of Home Depot are up by more than 100% since August 2012, but money flow analysis is warning of a substantial correction ahead....
Goldman Sachs Nearing Major Resistance
ARTICLE SYNOPSIS ...Shares of Goldman Sachs are approaching a key resistance level. Does the stock have enough fuel in the tank to make it to 128.72 or higher anytime soon?...
CDE: When The Levee Breaks
ARTICLE SYNOPSIS ...As anticipated, the smart money -- in one of the most volatile precious metals mining stocks of all -- finally made their move on Election Day....
Starbucks And Its Powerful Breakout, Doubtful Near-Term Trend
ARTICLE SYNOPSIS ...Shares of Starbucks Corp. leaped higher by more than 9% on November 2, 2012, but how much more room to run does this bellwether large-cap stock really have?...
Baxter Int'l Approaches A Potential Price Target
ARTICLE SYNOPSIS ...Shares of Baxter International are in the midst of a bullish continuation move at the moment, but this surge higher may be approaching a potential price target....
Ford Motor's Powerful Breakout
ARTICLE SYNOPSIS ...Shares of Ford experienced a very bullish price/volume breakout on October 31, 2012. Is this the start of a major trending move, or is this simply a fakeout?...
CDE Cycle High Due?
ARTICLE SYNOPSIS ...Shares of Coeur d'Alene Mining Corp. may be on the verge of finally breaking above a very strong, 14-month-old resistance zone....
WMB Pullback To Support?
ARTICLE SYNOPSIS ...Shares of Williams Cos. have experienced a particularly strong rally since October 2011. Is the latest pullback in the stock a buying opportunity?...
FXCM MetaTrader 4
ARTICLE SYNOPSIS ...FXCM MetaTrader 4 (MT4) is an interesting software offering for traders who focus their trading activities on major forex pairs, and it is especially well-suited to those traders who need a nimble, feature-filled trading, charting, and system development platform that is directly integrated into their trading account....
DR Horton Grinds Upward
ARTICLE SYNOPSIS ...Homebuilder stocks appear to be one of today's leading equity market industry groups, and shares of DR Horton are leading the pack in terms of relative strength....
More Follow-Through For EXPE?
ARTICLE SYNOPSIS ...Breakouts happen all the time in individual stocks, but they need to be evaluated according to the big picture....
Keep It Simple And Make Up Your Losses
ARTICLE SYNOPSIS ...In so many ways, the simpler the system, the easier it is to work with --provided it is based on a sound principle....
ADI Low-Risk Buy Setup?
ARTICLE SYNOPSIS ...Shares of Analog Devices have been holding up well, despite the recent selloffs in the broad US markets....
Time To Accumulate Newmont Mining?
ARTICLE SYNOPSIS ...After plunging by more than 40% between November 8, 2011, and May 16, 2012, are shares of Newmont Mining a value investor's best friend?...
Sprint Nextel New Short Signal
ARTICLE SYNOPSIS ...Are shares of Sprint Nextel on track to make a new all-time low, even below its 2008 post-crash low of $1.35?...
IWM Looking For Intraday Divergences
ARTICLE SYNOPSIS ...It takes patience to identify and wait for divergence situations to play out, but the process can be worthwhile for committed traders....
BRKB Breaking Badly?
ARTICLE SYNOPSIS ...Still in a trading range, will the latest RMO sell signal in shares of Berkshire-Hathaway B lead to a tradable decline?...
Looking For Big Intraday Decliners
ARTICLE SYNOPSIS ...Keeping intraday tabs on stocks that are making substantial gains or losses may help active traders seize opportunities in real-time....
Scanning For Oversold Stocks
ARTICLE SYNOPSIS ...Many traders like to buy pullbacks and/or sell into strength, and TradeStation's Scanner may have just the tool for these end-of day traders....
For FSRPX, After A 200% Rise, Is There More?
ARTICLE SYNOPSIS ...Having tripled in price since November 2008, does the Fidelity Select Sector Retailing Fund still have more room to rise?...
Broad Markets Finally Break Lower
ARTICLE SYNOPSIS ...The noticeable trading range market behavior of the past few months appears to have given way to another leg down in the broad US markets....
PAAS To Turn Higher?
ARTICLE SYNOPSIS ...Down by 60% since peaking in April 2011, shares of Pan American Silver may be at or near an important turning point....
Cash-Rich Mining Stocks
ARTICLE SYNOPSIS ...When markets are in turbulence, seeking out stocks with attractive fundamental characteristics can be a smart move....
ALL Heading For A May Cycle Low?
ARTICLE SYNOPSIS ...Will shares of Allstate Corp. manage another run higher after its recent consolidation, or is the downward pull of multiple price cycles going to be the determining factor in the stock's near-term direction?...
CCJ Peaking Soon?
ARTICLE SYNOPSIS ...Shares of Cameco Corp. have bounced sharply higher since making a major multicycle low in early April 2012. Does the current rally have more room to rise, or is a pullback due soon?...
CAT Strike News Already Factored In?
ARTICLE SYNOPSIS ...Was the expectation of a labor union strike at Caterpillar, Inc., already factored into the recent price action on this large-cap stock's chart?...
More Selling Due For RSG After Plunge?
ARTICLE SYNOPSIS ...The recent shock selloff in shares of Republic Services managed to take out two important uptrend lines after leaving a giant open gap for technicians to analyze....
Finally A Bottom For Stillwater Mining?
ARTICLE SYNOPSIS ...After retracing 80% of the last major rally, shares of Stillwater Mining may finally have made a major multicycle low....
National Oilwell Varco Consolidating Before A Drop?
ARTICLE SYNOPSIS ...With a drop below $76.60 set to resume the downtrend in shares of National Oilwell Varco, price cycle analysis suggests that a run toward $73.00 may be a high-probability event....
For Terex Corp., Major Support Test Looms Large
ARTICLE SYNOPSIS ...Shares of Terex Corp. may be preparing to make a major retest of support near the $22 price zone....
For Stillwater Mining, A Drop, Then A Pop?
ARTICLE SYNOPSIS ...Cyclical analysis suggests that shares of Stillwater Mining may soon fall, reaching a tradable low in the near future....
TIE's New RMO Sell Setup
ARTICLE SYNOPSIS ...When a stock or industry group fails to participate in a market-wide rally, technicians and fundamental analysts want to know why....
JPM Pullback Toward Expected Cycle Low Due?
ARTICLE SYNOPSIS ...After plunging by 45% between February and October 2010, shares of JPMorgan Chase have rebounded sharply. However, prices may soon be due for a pullback over the next month or so....
AAPL's Faltering Money Flow
ARTICLE SYNOPSIS ...With shares of Apple Inc. now going nearly vertical, it's time to take a step back and look at the big picture....
Is The Cycle High For .RUT?
ARTICLE SYNOPSIS ...The R2K just broke higher out of an inverted head & shoulders pattern, but is this rally attempt too little, too late?...
Market Taking A Bite Out Of Apple?
ARTICLE SYNOPSIS ...In a mammoth runup, how much higher does Apple really have left to run?...
Get The Big Menu With Darden Restaurants
ARTICLE SYNOPSIS ...Shares of Darden Restaurants appear ready to move higher from a recent breakout pattern, but traders need to take a good look at other technicals before they go long....
TSO Movin' On Up?
ARTICLE SYNOPSIS ...Shares of Tesoro Corp. are poised to make an attempt to make a new multimonth high -- if the broad market cooperates....
S&P 500 Support Levels To Watch
ARTICLE SYNOPSIS ...After such a big run higher, it's not surprising that the .SPX is due for a breather. Just how big a decline awaits may be determined by its strongest support levels....
.DXY Ready For A Swing Up?
ARTICLE SYNOPSIS ...Contrary to what many hard-money devotees may believe, the US dollar may not be all washed up after all....
For Baker Hughes, Was The Breakout A Bust?
ARTICLE SYNOPSIS ...Shares of Baker Hughes recently staged a bullish breakout from a large triangle pattern and now appear to be at a critical make-or-break point....
Is Excelon Energy A New Short Op?
ARTICLE SYNOPSIS ...Shares of Excelon Corp. have been forming a noticeable triangle pattern in the aftermath of January's sharp selloff....
.SPX Weekly Chart Offers Insight
ARTICLE SYNOPSIS ...Knowing the trend strength of key broad market stock indexes is vital to the success of your trading methodology....
For NNBR, A Pause Before Another Surge Higher?
ARTICLE SYNOPSIS ...Small-cap stocks can sometimes make explosive moves, up or down. Here's a look at a small-cap issue that may be preparing for a big move -- but in which direction?...
Scanning For Cash-Rich Stocks
ARTICLE SYNOPSIS ...You can scour the markets for stocks meeting specific fundamental and technical criteria, and here's one way to do it....
PENDY'S PICKS: June 29, 2012
ARTICLE SYNOPSIS ...The .OEX successfully tested an important intraday support level on Thursday. Will the index soon find its way to higher levels?...
Relative Strength In The Gold Mining Stocks
ARTICLE SYNOPSIS ...Gold mining shares continue to show weakness. Should traders focus on the gold exchange traded fund or on individual gold stocks?...
Raff Sell Signal For National Oilwell Varco
ARTICLE SYNOPSIS ...Will this new sell signal in shares of National Oilwell Varco lead to a continuation move to even lower prices?...
Major Support Test Soon For FCX?
ARTICLE SYNOPSIS ...Being aware of major price cycles and key areas of support and resistance in your favorite stocks can help you stay abreast of potentially profitable price moves....
PENDY'S PICKS: June 28, 2012
ARTICLE SYNOPSIS ...The .OEX had some more upside on Wednesday, putting some hope in the hearts of the bulls....
System Or Discretionary Trading?
ARTICLE SYNOPSIS ...Your personal trading beliefs will determine if you're better suited for mechanical system trading or discretionary trading. Find out which style is the best fit for your trading endeavors....
PENDY'S PICKS: June 27, 2012
ARTICLE SYNOPSIS ...The .OEX had a minor bounce on June 26, but is it enough to ignite more bullish follow-through?...
Trading Stats - Be Aware Of Outliers
ARTICLE SYNOPSIS ...Knowing how to interpret your system's key summary statistics is of vital importance. Here are a couple of major ones to consider....
PENDY'S PICKS: June 26, 2012
ARTICLE SYNOPSIS ...The European Union summit did little to stop the .OEX from selling off sharply again, and the gold stock exchange traded fund has signaled a new swing sell signal....
PENDY'S PICKS: June 25, 2012
ARTICLE SYNOPSIS ...Despite a mild bounce in the broad markets, the gold market issued a new swing sell signal....
Trade Stats - Let Winners Run
ARTICLE SYNOPSIS ...For trend followers, a key factor in selecting the right system is to find one that will let winners run while cutting losers short....
PENDY'S PICKS: Relative Strength Signals, June 22
ARTICLE SYNOPSIS ...Thursday, June 21's market plunge may see the S&P 100 plunge into a major multicycle low. The big question now is when....
Scanning For Long-Term Bullish Stocks
ARTICLE SYNOPSIS ...MetaStock Explorer can help traders locate stocks that are in long-term bullish trends -- on multiple time frames....
Freeport-McMoran Set To Run Higher?
ARTICLE SYNOPSIS ...Shares of Freeport-McMoran Copper and Gold (FCX) tumbled by nearly 40% between late January and late May 2012, but now appear to be on the rebound again....
Time To Go Long For VLO?
ARTICLE SYNOPSIS ...Is it time to go long on Valero Energy?...
Wyndham Worldwide Set To Rise?
ARTICLE SYNOPSIS ...After a major, sustained bullish trend move, there's always a consolidation before another rally and/or a reversal. Which will it be for shares of Wyndham Worldwide?...
Ask Sherwin-Williams -- Will The Bull Continue?
ARTICLE SYNOPSIS ...Up by more than 85% since August 2011, shares of Sherwin-Williams may be poised to run even higher....
AEM A Saucer Pattern Buy?
ARTICLE SYNOPSIS ...Gold stocks have seen a modest rebound over the past two weeks; which ones are showing the most relative strength?...
Is JNPR An Opportune Shorting Situation?
ARTICLE SYNOPSIS ...A new daily RMO swing sell signal has just fired. Is this a low-risk shorting opportunity?...
Apollo Group Bullish Breakout After Support Test
ARTICLE SYNOPSIS ...Down by more than 40% from its mid-January 2012 high, shares of Apollo Group have begun a significant, bullish price reversal....
Newmont Mining Price And Volume Breakout
ARTICLE SYNOPSIS ...After making a major swing low in mid-May 2012, shares of Newmont Mining have begun to accelerate higher....
Facebook Intraday Bullish Money Flow Divergence
ARTICLE SYNOPSIS ...Is Facebook, Inc., seen as "the IPO flop that continues to drop," or is it viewed by value investors as a solid long-term growth story?...
A Near-Term Bounce Due For HES?
ARTICLE SYNOPSIS ...Down by more than 38% since late February 2012, shares of Hess Corp. may be approaching an area of Fibonacci support....
Is FRX Setting Up For A Continuation Move?
ARTICLE SYNOPSIS ...After tracing out a well-formed consolidation pattern, will the new bullish breakout in shares of Forest Labs, Inc., lead to a continuation move?...
Will Dean Foods Be A Safe Haven If S&P 500 Goes Much Lower?
ARTICLE SYNOPSIS ...Some stocks seem to have an ability to act as safe havens during times of recession and major stock market declines. Is this one?...
With BMC Software, Successful Test Of Gap Support
ARTICLE SYNOPSIS ...Will shares of BMC Software follow through, rising in the wake of a successful test of gap support?...
PENDY'S PICKS: July 31, 2012
ARTICLE SYNOPSIS ...The .OEX barely moved on Monday, July 30, as traders waited for more clues regarding its near-term direction....
FBIOX Leading The Market Higher
ARTICLE SYNOPSIS ...Despite having suffered a sudden pullback in April 2012, shares of Fidelity Select Biotechnology have gone on to make new highs....
PENDY'S PICKS: July 30, 2012
ARTICLE SYNOPSIS ...The .OEX rocketed higher on Friday as the indexes' key price cycles begin to reexert control....
Ford Motor Ready To Drive Higher?
ARTICLE SYNOPSIS ...Shares of Ford Motor Co. have been in a steady decline since April 2012, but signs of accumulation are now evident....
PENDY'S PICKS: July 27, 2012
ARTICLE SYNOPSIS ...The .OEX surged higher on Thursday, fulfilling expectations of a bullish cyclical turn....
Where To Next For FCX?
ARTICLE SYNOPSIS ...After enduring a multimonth decline, are shares of Freeport-McMoran Copper and Gold close to an important bullish reversal point?...
PENDY'S PICKS: July 26, 2012
ARTICLE SYNOPSIS ...The .OEX retests support, closing the session down by a small fraction. Expect a rally soon....
PENDY'S PICKS: July 25, 2012
ARTICLE SYNOPSIS ...The .OEX pulls back a bit more on Tuesday, July 24, rebounding from the intraday lows by the close of the session....
Xerox Setting Up For A Bullish Reversal?
ARTICLE SYNOPSIS ...Shares of Xerox Corp. are in a near-term downtrend but may be approaching a key support and/or reversal zone soon....
PENDY'S PICKS: July 24, 2012
ARTICLE SYNOPSIS ...Despite a deep intraday pullback, the .OEX staged an afternoon rebound as higher-degree cycles provided support....
Walgreen's, Express Scripts Agreement Propels Breakout
ARTICLE SYNOPSIS ...Traders and investors liked the news of Walgreen's agreement with Express Scripts so much that they boosted Walgreen's share price by nearly 12%....
PENDY'S PICKS: July 23, 2012
ARTICLE SYNOPSIS ...The .OEX pulls back on Friday, confirming a smaller-degree cycle high is now in place....
Honeywell Price And Volume Breakout
ARTICLE SYNOPSIS ...Shares of Honeywell International leaped higher on Wednesday, July 18, with a massive volume increase to boot....
PENDY'S PICKS: July 20, 2012
ARTICLE SYNOPSIS ...The .OEX continues with bullish follow-through, having now made a higher close in four of the last five trading sessions....
GILD Raff Buy Signal And Pennant Breakout
ARTICLE SYNOPSIS ...Shares of Gilead Sciences have just broken out of a multimonth triangle/pennant formation, receiving the benefit of a Raff MarketSpace Stock system buy signal in the process....
PENDY'S PICKS: July 19, 2012
ARTICLE SYNOPSIS ...The .OEX continues to follow through in the wake of last week's bullish reversal....
Monsanto's 30-Month High
ARTICLE SYNOPSIS ...Shares of Monsanto are up by more than 90% since July 2010 and are now trading at prices not seen since January 2010. Can this long-term uptrend continue?...
PENDY'S PICKS: July 18, 2012
ARTICLE SYNOPSIS ...The .OEX begins to follow through in the wake of last week's bullish reversal....
JPMorganChase Bullish Reversal Takes Root
ARTICLE SYNOPSIS ...After experiencing a sharp decline earlier this year, shares of JPMorganChase appear to be on the verge of making up even more of those losses....
PENDY'S PICKS: July 17, 2012
ARTICLE SYNOPSIS ...After a wide-range reversal day on Friday, Monday's action in the .OEX was rather tame as short-term profit takers held back another daily gain....
Amgen Has Another New High
ARTICLE SYNOPSIS ...Shares of Amgen are trading at the highest levels since early 2007, offering a low-risk covered-call setup for conservative traders....
PENDY'S PICKS: July 16, 2012
ARTICLE SYNOPSIS ...As expected, the .OEX and .SPX experienced substantial, bullish reversals after testing key support levels....
Apple Inc. Cycle High Soon?
ARTICLE SYNOPSIS ...Shares of Apple Inc. rebounded nicely over the past eight weeks, but is the stock descending to the mid-$500 price zone?...
PENDY'S PICKS: July 13, 2012
ARTICLE SYNOPSIS ...With the 610.00/611.00 support holding up, which way now for the .OEX?...
Major Cycle Low In Place For IEZ?
ARTICLE SYNOPSIS ...Having endured a major correction since late February 2012, shares of the iShares oil equipment/services ETF may be at or near a major multicyle turning point....
PENDY'S PICKS: July 12, 2012
ARTICLE SYNOPSIS ...The .OEX manages to find support near a key price level; meanwhile, gold miners take a real beating....
A Covered-Call Play For MRK?
ARTICLE SYNOPSIS ...After breaking free from a long-running trading range, shares of Merck and Co. have gone on to make a new high....
PENDY'S PICKS: July 11, 2012
ARTICLE SYNOPSIS ...With support at 618.00 having failed, the .OEX may now test the 610.00 area before turning higher....
Analyzing Stocks In Strong ETFs
ARTICLE SYNOPSIS ...The 13-week relative strength of major ETFs versus the broad stock indexes reveals some interesting dynamics at work....
PENDY'S PICKS: July 10, 2012
ARTICLE SYNOPSIS ...The .OEX barely moves at all during the first trading session of the week....
DELL Waiting For A Buy Trigger
ARTICLE SYNOPSIS ...Having sold off hard during May 2012, shares of Dell may be ready for a short-term bounce up toward resistance....
PENDY'S PICKS: July 9, 2012
ARTICLE SYNOPSIS ...The .OEX begins to pull back, seeking a short-term cyclical bottom in the midst of an ongoing bullish trend....
GLD: Which Way for Pennant Break?
ARTICLE SYNOPSIS ...With a major pennant formation well under way on the daily chart of gold, can price cycle analysis provide some guidance as to which way price will break?...
PENDY'S PICKS: July 6, 2012
ARTICLE SYNOPSIS ...The .OEX stalls for the time being; a near-term cycle high appears to be in place....
PENDY'S PICKS: July 5, 2012
ARTICLE SYNOPSIS ...Powerful, rising cycles appear to have a major role in propelling the .OEX up toward a major cycle high by early October 2012....
PENDY'S PICKS: July 3, 2012
ARTICLE SYNOPSIS ...Still rising, the .OEX manages to tack on a bit more of a gain during Monday's trading action....
PENDY'S PICKS: July 2, 2012
ARTICLE SYNOPSIS ...The .OEX rocketed higher on Friday, confirming the bullish strength of two of its key price cycles....
Trading The SPX Visually
ARTICLE SYNOPSIS ...Some trading systems rely on neural nets or heavy-duty algorithms, but not this one. All that's really needed are your eyes and MetaStock 11....
Waters Corp. Two-Stage Bullish Breakout
ARTICLE SYNOPSIS ...When a large-cap stock bolts upward by nearly 8% in one session, momentum players start sizing up the situation, looking for an entry point....
Possible Reversal Underway For UNG
ARTICLE SYNOPSIS ...Sometimes it's hard to believe that a long-battered stock or index can actually experience a change in fortunes. Might this be the long-awaited bullish turn in the natural gas market?...
New Wave Of Selling On The Way For LLY?
ARTICLE SYNOPSIS ...When a stock gaps sharply lower after a substantial gain, the party may be over....
Is The Low Finally Here For UNG?
ARTICLE SYNOPSIS ...In just three and a half years, the United States Natural Gas Fund LP has fallen from $127.78 to as little as $5.06. Might not this market be closer to the ultimate low now than ever before?...
RDC Price And Volume Breakout
ARTICLE SYNOPSIS ...The MetaStock price and volume breakout exploration has identified shares of Rowan Cos. as a strong price/breakout candidate....
The High-Performance Dividends Stocks Of The Dow
ARTICLE SYNOPSIS ...The Dogs of the Dow scanner template in TradeStation can help you find megacap stocks that pay a handsome dividend yield....
Will Fibonacci Support Hold For DBA?
ARTICLE SYNOPSIS ...Some say Fibonacci is science and others say it's numerology, but one thing is for certain: traders do pay attention to key Fibonacci support/resistance levels....
PSA New Fractal 2 Buy Signal
ARTICLE SYNOPSIS ...One of the more unique MetaStock systems has just gone long on shares of Public Storage....
JEC And Combining Technical Analysis Screens
ARTICLE SYNOPSIS ...Here's a look at a powerful way to combine an effective MetaStock exploration with one of its most accurate expert advisor overlays....
Pall Stair-Stepping Its Way Higher
ARTICLE SYNOPSIS ...Some stocks trend smoothly and steadily, while others more or less stair-step their way higher, gaining ground one yard at a time....
Minding The Gap
ARTICLE SYNOPSIS ...There are times to sell short and there are times to refrain from doing so. Keeping track of gap support and resistance can better help you make that decision....
United Rentals Moving On Up
ARTICLE SYNOPSIS ...Shares of United Rentals continue their march higher, and the technicals suggest further upside is possible....
A Long In AGYS
ARTICLE SYNOPSIS ...There's never a shortage of systems firing buy or sell signals in MetaStock. Here's a look at one of the more promising systems in the program....
ARQL Long System Says Buy
ARTICLE SYNOPSIS ...Mechanical trading systems aren't necessarily the best way to trade the markets, but they can help enforce a measure of self-discipline that can make the path to profitability a bit easier....
Useful Intraday Trading Tactics
ARTICLE SYNOPSIS ...Sometimes, if the conditions are right, an intraday scalp is just what the market ordered for aggressive daytraders....
ROST Blasting To A New 52-Week High
ARTICLE SYNOPSIS ...When stocks blast to a new 52-week high on wide range and heavy volume, there's probably a good reason. Ross Stores is an example....
Spotting Intraday Trends In Real-Time
ARTICLE SYNOPSIS ...If you're an equities daytrader, it makes sense to keep abreast of the strongest and weakest daily performers in your watchlist....
Time To Take (A Long Position In) FITB?
ARTICLE SYNOPSIS ...Stocks making new multimonth highs are always a topic of interest for serious momentum traders....
FSHOX From Worst To First
ARTICLE SYNOPSIS ...In the Fidelity Select sector fund universe, the construction and homebuilding fund is now the one with the strongest relative strength versus the broad market....
For GDX, Is A Major Bottom At Hand?
ARTICLE SYNOPSIS ...When an area of support holds after three widely spaced tests, it may be time to start looking for signs of a bullish breakout....
Walk-Forward Evaluation
ARTICLE SYNOPSIS ...When you design a trading system, you want to see an extensive set of walk-forward tested results. Here's how you can do that....
Range Resources Surging After Minor Consolidation
ARTICLE SYNOPSIS ...Shares of Range Resources are going higher after gapping up from a minor consolidation pattern....
For Western Digital, Another Attempt At A 52-Week High?
ARTICLE SYNOPSIS ...Even though they're up by more than 60% since late November 2011, shares of Western Digital appear ready to make another attempt at a new 52-week high....
Australian Dollar ETF Outperforming USD Index
ARTICLE SYNOPSIS ...Shares of the Australian dollar ETF have been substantially outperforming the US Dollar Index over the past calendar quarter, but that relationship may be about to change....
Another Run Higher For Micron Technology?
ARTICLE SYNOPSIS ...Up by more than 110% since early October, shares of Micron Technology may be ready to tack on even more gains....
Johnson Controls Ready To Rise?
ARTICLE SYNOPSIS ...Trading a system in purely mechanical mode suits some traders just fine, but there are still plenty of traders who want to rely on other technical tools in order to select what they believe to be higher-probability setups. Here's a look at an attractive long buy setup in Johnson Controls....
New System Concept For DHI?
ARTICLE SYNOPSIS ...Sometimes, the best trading system is the one you create on your own. Here's a look at a potentially effective blend of ingredients for a good system....
RTN En Route To A New Multimonth High?
ARTICLE SYNOPSIS ...Shares of Raytheon have rebounded from a recent cycle low. Is this yet another surge en route to a new multimonth high?...
With CERN, A Powerful Price And Volume Breakout
ARTICLE SYNOPSIS ...When a stock breaks higher on big volume -- and during a major bull run in the broad market -- chances are the smart money has found a new home in which to invest their trading capital....
Not A Time To Pick Market Tops In .SPX
ARTICLE SYNOPSIS ...When a powerful trend takes hold, it generally pays to give such a market move the respect it deserves....
Pulte Homes In New Buy Signal Near Major Resistance
ARTICLE SYNOPSIS ...Which will win out, a new Rahul Mohindar swing buy signal or a multimonth technical resistance barrier?...
FBIOX Screaming Higher
ARTICLE SYNOPSIS ...Biotech stocks are pulling far ahead of the rest of the stock market in terms of relative strength....
E-Trade Financial Uptrend Strengthening?
ARTICLE SYNOPSIS ...Now that E-Trade Financial shares have made a higher swing high and higher swing low, is this new buy signal the spark to ignite a new round of buying in the stock?...
A New Buy Near A New High With NVLS
ARTICLE SYNOPSIS ...Shares of Novellus have risen nearly 88% since October 4, 2011, and with a new long buy signal waiting to be triggered, the stock may see $50 sooner rather than later....
Monsanto And Another 52-Week High
ARTICLE SYNOPSIS ...With the broad markets having had a steady rise for more than five weeks now, it might pay to focus on stocks still showing signs of tremendous and/or increasing strength....
In Baker Hughes, A Triangle Pattern To Watch
ARTICLE SYNOPSIS ...When a significant triangle pattern approaches completion, breakout traders begin to plan their method of engagement....
For LSI, A New High After A Big Gap
ARTICLE SYNOPSIS ...Even though the broad markets have made a nice run already, there is no reason why stocks making new highs should not be on your watchlist....
Morgan Stanley Triple-Top Buy Setup?
ARTICLE SYNOPSIS ...Shares of Morgan Stanley are approaching what may be a relatively rare but important chart point -- a triple-top buy pattern....
Cisco Systems Running Out Of Fuel?
ARTICLE SYNOPSIS ...Shares of Cisco Systems have enjoyed a solid rally for the past five weeks, but the rally appears to be treading on thin ice....
APC Surging Toward A Multicycle High?
ARTICLE SYNOPSIS ...Up by nearly 16% in the last six weeks, shares of Anadarko Petroleum continue to charge higher, seeking its next multicycle high by mid- to late December 2012....
A Possible Swing Trading Method For Pfizer
ARTICLE SYNOPSIS ...Shares of Pfizer, Inc., have been surging higher since mid-November 2012. Can the stock break above its previous high of 26.09 sometime between now and late January 2013?...
Is The Four-Year-Old Bull Run In .SPX Fading?
ARTICLE SYNOPSIS ...With the .SPX still trading within a few percentage points of its post-crash highs, might the impending fiscal cliff be the triggering event prior to a major decline in the US stock indexes?...
Newpark Resources Charging Higher Into Year-End 2012
ARTICLE SYNOPSIS ...Shares of Newpark Resources have enjoyed a strong rally since late June 2012, with more gains likely into mid-December 2012....
Google's New Buy Signal
ARTICLE SYNOPSIS ...Shares of Google have flashed a new buy signal in the wake of October's rapid decline. Will this nascent rally have staying power?...
SLV Outperforming Among ETFs
ARTICLE SYNOPSIS ...The iShares Silver Trust has been very strong since early November, easily outperforming most other exchange traded funds (ETFs) in the past four weeks....
PENDY'S PICKS: August 31, 2012
ARTICLE SYNOPSIS ...The .OEX broke below the support level of its recent trading range on Thursday; expect the September decline to get going soon....
More Google Gains Under Way?
ARTICLE SYNOPSIS ...With Google shares now trading at their highest level since January 2008, is the stock ready to surge even higher?...
PENDY'S PICKS: August 30, 2012
ARTICLE SYNOPSIS ...The .OEX barely moved at all on Wednesday, with the index now in a minor trading range....
Pepsico Ready To Fizz Out?
ARTICLE SYNOPSIS ...Shares of Pepsico have enjoyed a modestly bullish, long-term rally since March 2009, but technicals warn of an impending correction....
PENDY'S PICKS: August 29, 2012
ARTICLE SYNOPSIS ...The .OEX closed fractionally lower on Tuesday, once again being turned back by overhead supply....
Apache Corp. Topping Soon?
ARTICLE SYNOPSIS ...Shares of Apache Corp. have managed to make a chaotic, yet reasonably steady rise since early June 2012. Is this rally destined to go higher?...
Eldorado Gold Tops Relative Strength Among Gold Miners
ARTICLE SYNOPSIS ...Up by more than 23% in one month, shares of Eldorado Gold Corp. are outperforming .HUI and GDX by a wide margin....
PENDY'S PICKS: August 28, 2012
ARTICLE SYNOPSIS ...The .OEX closed virtually unchanged on Monday, but it did experience a noticeable intraday pullback after running higher in the first half of the session....
AAPL Close To The Summit?
ARTICLE SYNOPSIS ...Shares of Apple Inc. are at all-time highs again, but this latest rally is fast approaching a likely cycle high....
PENDY'S PICKS: August 27, 2012
ARTICLE SYNOPSIS ...Friday's trading session saw a minor rebound in the .OEX; look for an attempt to make a new high -- one likely to fall short of that goal....
Lockheed Martin Close To A Top?
ARTICLE SYNOPSIS ...Shares of Lockheed Martin are up by nearly 40% since August 2011; cycles and money flow analysis suggest that a pullback is due soon....
PENDY'S PICKS: August 24, 2012
ARTICLE SYNOPSIS ...Thursday's trading session confirmed the obvious: a bearish trend reversal appears to be getting under way in the .OEX....
Oracle Approaching A Multicycle High
ARTICLE SYNOPSIS ...Shares of Oracle Corp. have been on a three-month long bullish tear, but cycles analysis suggests that the move may be entering its terminal phase....
PENDY'S PICKS: August 23, 2012
ARTICLE SYNOPSIS ...The .OEX starts to see more intraday volatility, seeking out a likely pathway for its next tradable swing....
Positive Long-Term Cycles For ExxonMobil
ARTICLE SYNOPSIS ...Now that shares of ExxonMobil have moved above recent highs, what's next for the stock price of this global energy giant?...
PENDY'S PICKS: August 22, 2012
ARTICLE SYNOPSIS ...The .OEX meets up with a powerful resistance level, staging an impressive intraday reversal after rising early in the session....
Google To Pull Back?
ARTICLE SYNOPSIS ...Google shares have experienced a substantial gain since putting in a minor double bottom pattern in mid- to late June 2012. Can the stock continue to rise near term?...
PENDY'S PICKS: August 21, 2012
ARTICLE SYNOPSIS ...The .OEX continues to grind higher; once again, the maximum price target for the June through August rally has been increased....
PENDY'S PICKS: August 20, 2012
ARTICLE SYNOPSIS ...The .OEX moves a bit higher on Friday; the maximum price target for the June through August rally has been raised yet again....
SBUX Rebound Under Way?
ARTICLE SYNOPSIS ...Shares of Starbucks Corp. increased by more than 770% between November 2008 and April 2012. Is its current decline just the start of a major reversal lower, or is this a good buying opportunity?...
PENDY'S PICKS: August 17, 2012
ARTICLE SYNOPSIS ...The .OEX gave the bulls a pleasant surprise on Thursday when it staged yet another bullish breakout; maximum price targets have been raised slightly as a result....
TWX's New Five-Year High
ARTICLE SYNOPSIS ...Shares of Time Warner are trading at their highest level since the summer of 2007. Are more gains ahead for this stock?...
PENDY'S PICKS: August 16, 2012
ARTICLE SYNOPSIS ...The .OEX continues to coil, pausing before what is likely to be a very tradable move -- but in which direction?...
Chevron Corp. : A New 52-Week High
ARTICLE SYNOPSIS ...Shares of Chevron Corp. have posted a fresh 52-week high; is there much upside potential remaining before a correction?...
Pendy's Picks : August 15, 2012
ARTICLE SYNOPSIS ...The .OEX tacked on a tiny gain Tuesday, but the intraday price action suggests that the index has hit an important resistance level....
PENDY'S PICKS: August 14, 2012
ARTICLE SYNOPSIS ...The .OEX dropped only slightly on Monday and may be consolidating prior to another bullish breakout....
.OEX Current Cycle Outlook
ARTICLE SYNOPSIS ...The S&P 100 has enjoyed a bullish run since early June 2012. Can this rally continue much longer?...
Pendy's Picks : August 13, 2012
ARTICLE SYNOPSIS ...The .OEX pulled back during Friday's session, rebounding strongly; the next move may very likely be a final swing move higher into the end of August....
Allstate : Early Warning of Cycle High?
ARTICLE SYNOPSIS ...Bearish divergences have begun to appear on Allstate Corp's daily chart; is the ten-month old rally nearing completion?...
PENDY'S PICKS: August 10, 2012
ARTICLE SYNOPSIS ...The .OEX barely budges at all, closing fractionally higher as traders and investors wait for another catalyst to initiate another tradable move in the index....
A Drop Before A Pop For Comcast CL A?
ARTICLE SYNOPSIS ...Shares of Comcast CL A may be ready to turn lower, but only for a brief retest of support before turning higher....
PENDY'S PICKS: August 9, 2012
ARTICLE SYNOPSIS ...The .OEX ekes out another tiny gain even as its 10-day cycle peaks....
Union Pacific On Track To More Gains?
ARTICLE SYNOPSIS ...Shares of Union Pacific Corp. have rallied steadily since breaking higher from an 18-week long consolidation pattern....
PENDY'S PICKS: August 8, 2012
ARTICLE SYNOPSIS ...The .OEX continues to power higher; the index also broke above key resistance of $643.29....
More Rebound Ahead For CAT?
ARTICLE SYNOPSIS ...Shares of Caterpillar Inc. are up about 6% after making a major multicycle swing low in mid-July 2012. Is there more of a rally in store?...
PENDY'S PICKS: August 7, 2012
ARTICLE SYNOPSIS ...The .OEX ekes out yet another gain; cycles suggest more upside....
HAL Leading Oil Services Pack
ARTICLE SYNOPSIS ...After experiencing a sizable decline in the first half of 2012, shares of Halliburton have made a major bullish turnaround....
PENDY'S PICKS: August 6, 2012
ARTICLE SYNOPSIS ...The .OEX reversed higher on Friday, extending the bullish run that commenced on June 4, 2012....
Coca Cola Has Plenty Of Fizz Left In Bull Run
ARTICLE SYNOPSIS ...Shares of Coca-Cola are surging higher yet again....
PENDY'S PICKS: August 3, 2012
ARTICLE SYNOPSIS ...The .OEX sold off some more on Thursday, breaking below tentative support near $630.00....
Amazon Breaking Higher From Consolidation
ARTICLE SYNOPSIS ...After three months of mostly sideways price action, shares of Amazon broke decisively higher on July 27, 2012 -- and on big volume....
PENDY'S PICKS: August 2, 2012
ARTICLE SYNOPSIS ...The .OEX pulled back once again on Wednesday, looking for $630.00 to act as support....
NOV Price And Volume Breakout
ARTICLE SYNOPSIS ...Shares of National Oilwell Varco leaped higher on Thursday -- on massive volume....
PENDY'S PICKS: August 1, 2012
ARTICLE SYNOPSIS ...The .OEX pulled back slightly on Tuesday, confirming a minor-degree cycle high....
ActiveTick.com
ARTICLE SYNOPSIS ...ActiveTick is one of the newer up-and-coming challengers to the market data/charting/automated trading niche. The product offers many useful features that will appeal to a variety of budget-conscious stock and forex traders (intraday, swing, and position). Here's an overview of the main features....
With IWM, A Big Head And Shoulders Pattern
ARTICLE SYNOPSIS ...It's a bit sloppy and definitely not a textbook-quality example, but a bearish head & shoulders pattern has been slowly grinding toward completion on IWM's daily chart....
Is Baker Hughes A Continuation Move In Progress?
ARTICLE SYNOPSIS ...Now that shares of Baker Hughes have made their initial thrust lower out of a large pennant pattern, will the continued selling in the broad markets help speed the stock toward the lower $30 range?...
Is .SPX An Effective Trading Model?
ARTICLE SYNOPSIS ...Trading systems do not need to be expensive or complicated, but traders still need to know when their chances of success are best when relying on one....
Can AAPL Make A New High?
ARTICLE SYNOPSIS ...Price cycle analysis correctly anticipated the recent 11% decline in shares of Apple Inc. So what are the cycles in this stock predicting next?...
Exco Resources Bottoming Soon?
ARTICLE SYNOPSIS ...There's something unsettling about a stock that has shed nearly 75% of its value in less than a year. Can such stocks -- like Exco Resources -- manage a rebound after all?...
MCK Ready To Rise After Support Test?
ARTICLE SYNOPSIS ...Shares of McKesson Corp. rose by more than 222% between late November 2008 and mid-April 2012. Does this stock have some more bullish ground to cover, or is a major trend reversal coming up?...
Earthlink Heading For A Cycle Low Near $7?
ARTICLE SYNOPSIS ...With shares of Earthlink failing to take out their February 2012 high, is this stock now destined to drop down toward $7 again?...
CELG New Buying Opportunity Soon?
ARTICLE SYNOPSIS ...Having already risen by nearly 56% in less than eight months, is the current decline in Celgene Corp. setting up a new buying opportunity?...
For PCLN, End Of The Line For Current Rally?
ARTICLE SYNOPSIS ...Shares of Priceline.com have enjoyed an epic runup in price over the past few months. Is the current decline a buying opportunity or the start of a major trend reversal?...
For STZ, 200-Day EMA Offering Temporary Support?
ARTICLE SYNOPSIS ...When a steady, long-term uptrend ends in a shocking selloff, don't expect a strong rebound right away....
Newmont Mining Closing In On A Low?
ARTICLE SYNOPSIS ...After enduring a 35% selloff in five months, might shares of Newmont Mining be ready to make another significant low?...
.SPX Confirms Mid-Term Top
ARTICLE SYNOPSIS ...After a momentous six-month rally, the S&P 500 appears to have begun a correction that may take prices down toward support near 1340 -- or even lower....
For First Solar, A Lasting Decline?
ARTICLE SYNOPSIS ...Shares of First Solar are down by by nearly 94% from their all-time high. Is this stock due for a meaningful rebound?...
SVU A Better Buy At Lower Prices?
ARTICLE SYNOPSIS ...Shares of Supervalu, a major regional grocery chain, have been falling for the past three months. Is a turnaround finally at hand?...
CAT Jumps Down From Here?
ARTICLE SYNOPSIS ...Earnings are good and Caterpillar's long-term prospects appear to be bright, but cyclical analysis suggests that the stock may be due for a significant pullback in the near term....
For Hecla Mining, A Rising Price Cycle?
ARTICLE SYNOPSIS ...Shares of Hecla Mining made an important multicycle low on March 22, 2012, and are now attempting yet another move higher....
BRCM Ready To Rock Again?
ARTICLE SYNOPSIS ...Up by nearly 44% since late December 2011, shares of BRCM now appear ready to attempt yet another surge higher....
FCX Sliding Toward A Bottom?
ARTICLE SYNOPSIS ...For a large-cap stock, Freeport McMoran can really make some aggressive moves. Will its latest slide soon find meaningful support near $34?...
RTN En Route To A Multimonth High?
ARTICLE SYNOPSIS ...Shares of Raytheon have rebounded from a recent cycle low. Is this yet another surge on the way to a new high?...
HurstTradingSignals.com
ARTICLE SYNOPSIS ...Hurst Trading Signals (HTS) is an online software application that attempts to identify and measure tradable price cycles according to the trading and market theories made famous by J.M. Hurst in the early 1970s....
For Allergan, Another New High, But With A Warning
ARTICLE SYNOPSIS ...Many times, buying a stock with a new 52-week high can be a nice, conservative way for traders and investors to make some money. But sometimes a different course of action may be warranted....
Zions Bancorp Ready For A Tumble?
ARTICLE SYNOPSIS ...While some financial sector stocks have recovered a portion of their summer losses, shares of Zions Bancorporation have not, and in fact appear to be setting up for another leg lower....
Duke Energy At New 52-Week High?
ARTICLE SYNOPSIS ...Electric utility stocks may not be the biggest movers in the market, but they are still a good way to add diversity and stability to a stock portfolio....
Will This Short Setup Trigger A Sell For Computer Associates?
ARTICLE SYNOPSIS ...Despite the minor broad market bounce now under way, there are still stocks flashing sell signals....
Russell 2000 Awaiting Short Sell Trigger
ARTICLE SYNOPSIS ...Most traders and serious investors would be likely to agree with the assertion that the broad US market is very close to either a significant rally or decline. Which scenario is more likely?...
With IWM, Small Caps Ready To Tumble Again?
ARTICLE SYNOPSIS ...A very reliable MetaStock expert advisor is suggesting that the Russell 2000 index has the potential to face more downside in the next week or two, at the very least....
Baker Hughes And Its Strong Sell Signal
ARTICLE SYNOPSIS ...Shares of Baker Hughes have been meandering in a $10 range for the the past six weeks, but that may be about to change, and quickly....
Time For A Decision For Russell 2000?
ARTICLE SYNOPSIS ...The ParaSar trading system has just gone short on IWM on its 60-minute time frame. Is it time to dump small caps?...
PSA Higher Prices In Store?
ARTICLE SYNOPSIS ...Renting storage units may not be a glamorous field of endeavor, but the people who've been long shares of Public Storage for the last few years probably don't mind at all....
Huntington Bancshares Breakout For Real?
ARTICLE SYNOPSIS ...After enduring a nearly 35% haircut between early July and late August, Huntington Bancshares common stock appears ready for a rebound....
A Breakup From The Bottom For Intel?
ARTICLE SYNOPSIS ...The semiconductor group got hit pretty hard in July and August, but a bullish breakout in shares of Intel Corp. now seems to imply that a rally may have begun....
DFS And A Reversal Of Fortunes?
ARTICLE SYNOPSIS ...Some market reversal situations inspire more confidence than others, and this just may be one of them....
Micron Technology's Time To Fly Again?
ARTICLE SYNOPSIS ...Typical of many Standard & Poor's 500 component stocks of late, shares of semiconductor manufacturer Micron Technology (MU) appear to be in the process of breaking higher from well-formed consolidation patterns whose bottom support levels have already been successfully tested and in some cases retested. With a fresh Raff MarketSpace Stock system buy signal now having printed on MU's daily chart, all that savvy swing traders really need to do here is to decide how aggressive they wish to be in sizing their positions, should they desire to take this latest long entry setup. Here&ap...
Texas Instruments Positive Divergence?
ARTICLE SYNOPSIS ...With many stocks rebasing after experiencing a volatile August plunge, Texas Instruments appears to be offering one of the better low-risk long swing trade entries....
Autozone At A New High And Climbing
ARTICLE SYNOPSIS ...How do you argue with a stock that is making new highs, seemingly week after week? The simple answer is you don't....
Newmont Mining At 11-Month High
ARTICLE SYNOPSIS ...Although shares of Newmont Mining aren't doing as well as you might think with the price of gold now at over $1,800 per ounce, the fact that the stock in sitting at an 11-month high is surely good news for bullish precious metals stock traders....
Bristol Myers Squibb New Highs
ARTICLE SYNOPSIS ...Not only have shares of Bristol Myers Squibb rebounded nicely from August 2011's panic selling, they've also managed to make a fresh multiyear high....
Alcoa Setting Up For A Buy?
ARTICLE SYNOPSIS ...Some stocks rally quickly after making a major low, but others -- like Alcoa Aluminum -- just seem to take their sweet time....
With Family Dollar, The New Highs Keep Arriving
ARTICLE SYNOPSIS ...In a tough economy, the dollar stores tend to increase their market share -- and the price of their respective stocks as well....
NRG Fueled Up For A Run Higher?
ARTICLE SYNOPSIS ...Shares of NRG Energy, Inc., appear to have been given a go-ahead long entry setup on its daily time frame....
LTD Bullish Breakout Beckons
ARTICLE SYNOPSIS ...Once again, the broad markets are in a position to rally strongly, and the daily chart of Limited Brands, Inc., also seems to imply a great deal of upside potential....
Is A Sherwin Williams Breakout Looming From Consolidation?
ARTICLE SYNOPSIS ...Shares of Sherwin Williams appear to be in prime position to rally along with the rest of the broad market after Thursday, October 20's notable intraday reversal....
Will Yahoo Break Higher?
ARTICLE SYNOPSIS ...So is the entire broad market at a cycle high or is it simply regrouping before moving higher? A look at Yahoo's chart might help answer that question....
Is The Selling Over For First Solar?
ARTICLE SYNOPSIS ...After a long and trying selloff, shares of First Solar appear to be at or near a major turning point....
Is PEG A Rebel, But With A Cause?
ARTICLE SYNOPSIS ...After two weeks of solid gains, the broad markets pulled back a bit, yet some stocks still decided to go up....
R2K On The Way To 200-Day EMA?
ARTICLE SYNOPSIS ...Every market finds an enduring bottom at some point. Here's one way to help identify the start of a new bull market....
Mead Johnson Nutrition Move Higher?
ARTICLE SYNOPSIS ...Shares of Mead Johnson Nutrition appear to be in position for a possible move higher....
Another New High For Kimberly Clark
ARTICLE SYNOPSIS ...A stock that continues to make new highs is probably doing so for a very good reason....
Noble Energy Takes Off
ARTICLE SYNOPSIS ...Buying into strength may not seem logical at first glance, but it all depends on the big picture....
IBM Mega-Momentum
ARTICLE SYNOPSIS ...With the broad market seemingly in the midst of a substantial turn to the upside, shares of IBM appear poised to help lead it even higher....
American Tower Worth A Look?
ARTICLE SYNOPSIS ...Stocks that may be ready to break above a significant, longstanding swing high are worthy of further evaluation. As you check them out, make sure you also check its long-term money flow....
Murphy Oil Gushing Higher
ARTICLE SYNOPSIS ...Murphy Oil is showing that a powerful bullish reversal is under way after having put in a major divergence pattern. Will this market-wide rally last?...
Is It Time To ROK And Roll?
ARTICLE SYNOPSIS ...After six weeks of seeking a bottom, Rockwell Automation looks like it's in prime position to rocket higher....
Boeing Flying South Again?
ARTICLE SYNOPSIS ...Boeing (BA) is one of the long-time components in the Dow Jones Industrial average (DJIA) and in the Standard & Poor's 100 (OEX) and S&P 500 (SPX). Truly an industrial stock, one based on heavy equipment manufacturing, BA is as good a proxy as any when it comes to discerning the general health of the US's economy and also the condition of the airline industry group. Let's take a look at the overall technical setup on BA's daily chart and the new Rahul Mohindar oscillator (RMO) swing sell signal that just fired on Monday, October 3. See Figure 1....
In Goldman Sachs, Bullish Money Flow Divergence Beckons
ARTICLE SYNOPSIS ...With a very pronounced bullish money flow/price divergence in place, shares of Goldman Sachs might very well be on some smart shopper's accumulate list....
TBO Advanced Chart Pattern Recognition
ARTICLE SYNOPSIS ...Discretionary trading is still the preferred manner of attempting to extract profits from the financial markets for many traders, despite the ever-growing popularity of systems, high-frequency, and algorithmic trading methods. One of the most useful skills for the serious discretionary trader is the ability to accurately scan the markets for technical chart patterns that are close to completion....
Lowe's Set To Go Higher?
ARTICLE SYNOPSIS ...Lowe's daily chart looks supportive of further gains, if you select the appropriate trading strategy....
Southwestern Energy Bounce Ahead?
ARTICLE SYNOPSIS ...One of the more useful explorations in MetaStock 11 has identified a potential oversold setup in shares of Southwestern Energy....
Carpenter Technology Due For A Bounce?
ARTICLE SYNOPSIS ...Trying to catch a falling knife usually isn't wise, but it's still smart to be prepared for an upside reversal in a stock that has had a normal pullback....
Cameron Int'l New Short Signal
ARTICLE SYNOPSIS ...Shares of Cameron International are already in the midst of a substantial down swing. Is this latest Raff MarketSpace stock system sell signal too late?...
OSHG Shorting Op?
ARTICLE SYNOPSIS ...When a stock with negative earnings growth potential flashes a sell signal, that's when both technical and fundamental analysts take notice....
First Niagara Financial Group: Sell Or Not?
ARTICLE SYNOPSIS ...What happened to the year-end rally, anyway? No one knows, but here's an interesting-looking short sell trade setup in shares of First Niagara Financial Group....
Netflix Off The Cliff?
ARTICLE SYNOPSIS ...Shares of Netflix have taken a real beating since peaking last July. Will the new RMO sell signal bring even more sellers into this particular market?...
Is Autodesk Preparing For A Measured Move Higher?
ARTICLE SYNOPSIS ...The projection of a measured move from one price level to another isn't a new technical concept, but it's still one that has merit....
More Words Of Advice For New Traders
ARTICLE SYNOPSIS ...Here's some more advice and tips for those seeking to take their trading to a more profitable level....
Words Of Wisdom For Aspiring Traders
ARTICLE SYNOPSIS ...Too many novice traders seem to believe that there is a magic formula or system that can, with one push of a button, put them on the pathway to profits....
Time To Sell Bank of America?
ARTICLE SYNOPSIS ...A new sell signal has fired in Bank of America stock at a time when a bullish long-term money flow divergence has developed. So what's likely to happen next?...
Time Warner A Solid Buy Setup?
ARTICLE SYNOPSIS ...After a pullback to key moving average support, shares of Time Warner may be poised for another swing higher....
Electronic Arts An Attractive Buy Setup
ARTICLE SYNOPSIS ...Sometimes, a number of bullish factors converge in one place at the same time. This may be one of those times in shares of Electronic Arts....
Polypore International Bullish Divergence Looks Promising
ARTICLE SYNOPSIS ...When long-term money flows remain strong despite a healthy pullback, the odds for a move back higher improve....
Walgreen's And A Fresh Sell Signal
ARTICLE SYNOPSIS ...With a fresh sell signal and weak relative strength, shares of Walgreen apparently need a new prescription to stave off further selling....
BSX Long-Term Money Flow Divergence Plays Out
ARTICLE SYNOPSIS ...Divergence setups may take a long time to play out, but the better-quality ones might just be worth the wait....
Red Hat New Highs Keep Coming
ARTICLE SYNOPSIS ..."Buy high, sell higher" may not seem to be as appealing as "Buy low, sell high," but it's still a valid concept....
Adaptrade Builder 1.2
ARTICLE SYNOPSIS ...If you've been using TradeStation as a trading system development platform for a while and found yourself wondering how to expand your EasyLanguage (EL) skill sets in order to begin coding your own custom EL scripts, then you've probably considered using the services of an experienced EL programmer. While this can be a great way to have a trading system built for you in a short length of time, if the trading idea upon which the system is built is based on a flawed concept...
Waiting For The Harvest
ARTICLE SYNOPSIS ...When selecting a trading system or method, be sure you can actually learn to live with its advantages and disadvantages....
A Tale Of Two Equity Curves
ARTICLE SYNOPSIS ...When developing and testing various trading systems, learn to identify the most desirable kinds of equity curves....
JNPR Heading Toward New 2011 Lows?
ARTICLE SYNOPSIS ...Down by more than 17% since early March, shares of Juniper Networks look primed for even more declines as the broad market tanks....
With IWM, Russell Selloff Looms Large
ARTICLE SYNOPSIS ...Is the mid-spring selloff finally here? One simple trading system may have the answer....
The End Of The Bull Run For Silver?
ARTICLE SYNOPSIS ...Who would have believed in early 2003 that the price of silver -- at $5 an ounce -- was destined to rise to nearly $50 an ounce in only eight years? Is this latest plunge merely a blip, or is it warning of a structural change in the status of the epic bull run in this key commodity?...
YHOO Shock Selloff May Initiate Further Declines
ARTICLE SYNOPSIS ...Yahoo shares had been chopping sideways in a six-month, $3-wide consolidation zone, but the recent decline in the stock now has all the makings of a significant trend reversal....
NVDA Leading The Charge Lower?
ARTICLE SYNOPSIS ...After making an astounding run higher in late 2010 and early 2011, shares of Nividia Corp. appear to be homing in on a vitally important support area....
First Energy's Momentum-Fueled Keltner Clash
ARTICLE SYNOPSIS ...When a surging stock hits an outer Keltner channel for only the third time in 10 years, momentum traders will take notice....
Market Bias Shifts Yet Again
ARTICLE SYNOPSIS ...Is there a way to get advance warning of a major market turn? Possibly. And your favorite trading system might just hold the clues you seek....
PCS On Verge Of Powerful Breakout
ARTICLE SYNOPSIS ...Shares of MetroPCS Communications have just broken above a key resistance area, even as a new mechanical buy signal has been issued....
Genworth Financial Sinking Fast?
ARTICLE SYNOPSIS ...The entire commodity and stock market complex appears to be initiating a full-blown descent toward more supportive price levels, with the financial sector stocks also joining in....
Quanta Services And A Bearish Breakaway Gap
ARTICLE SYNOPSIS ...Breakaway gaps are high-profile events that can help a trader determine the likelihood of a confirmed, sustained trend move in any given stock or commodity....
More Good Times To Come For YHOO?
ARTICLE SYNOPSIS ...The broad market continues to surprise to the upside -- and there are a number of attractive stocks on the move. Here's a look at Yahoo's latest surge higher....
JDSU, A Raff Buy Signal
ARTICLE SYNOPSIS ...Stocks are rising across the board as the early spring rally continues. Here's a look at a fresh buy signal in shares of JDS Uniphase....
Iron Mountain Climbing To The Summit?
ARTICLE SYNOPSIS ...The technology sector remains strong, and one of the top-performing stocks from the business software and services industry group is Iron Mountain, Inc....
Seeking Stability In Chaos
ARTICLE SYNOPSIS ...With traders now having access to more market information than ever before, markets can be less predictable and therefore less able to be traded with discretionary methods. Using a statistically viable trading system may help give you the unbiased edge to make money over time, even in today's market wars....
Soaring Silver And A Systematic Plan
ARTICLE SYNOPSIS ...Not many markets are as hot as the silver market is right now, but regardless of a given market's temperature, you still need a logical, systematic way to trade it....
Baker Hughes Still Going Strong
ARTICLE SYNOPSIS ...Energy stocks keep on rising, and with crude oil near $106 per barrel, shares of Baker Hughes are offering a very nice stock buy-write opportunity....
Trends Versus Consolidations, A System View
ARTICLE SYNOPSIS ...When markets trend strongly, some systems really earn their keep. But what about having a system to rely on for those more frequent occurrences of consolidation, sideways chop, and generalized market chaos?...
Six Stocks On The Rise
ARTICLE SYNOPSIS ...Just when it looks like the entire world is coming apart, the markets stage a nice rally. Go figure. Meanwhile, here are six short- to medium-term momentum stocks that may merit further investigation by savvy traders....
Entergy Looks Like A Major Slide Ahead
ARTICLE SYNOPSIS ...Trying to catch a falling knife isn't usually a good idea in the kitchen, nor is it a suggested stock market strategy -- most of the time....
Computer Associates Looking To Bounce?
ARTICLE SYNOPSIS ...Yes, it does look like the big, bad bear is back -- for a while, anyway. But even a bear market can offer some surprising, bullish bounces back to resistance areas....
With Tesoro, Buy The Strongest Stocks On The Dips?
ARTICLE SYNOPSIS ...The S&P 500 may have already made an enduring, multimonth high, but the permabears are likely disgusted with the very slow rate of descent in the broad US markets. Here's a quick look at the top relative strength stock in the .SPX, for those convinced that a good long breakout entry point is at hand....
Silver Temporarily Topping?
ARTICLE SYNOPSIS ...Silver has risen nearly fourfold since making a major low in October 2008. Was Thursday's sharp intraday pull back in this market a new buying op -- or more of a final warning to existing long positions?...
Winning Is Nice, Profits Are Better
ARTICLE SYNOPSIS ...Digging through your trade system stats may help you decide if a given system is a good fit for your trading style....
Marathon Oil Sprinting Higher?
ARTICLE SYNOPSIS ...Despite some chaotic intraday price action over the past two months, shares of Marathon Oil continue to grind higher....
In System Trading, Patience Means Everything
ARTICLE SYNOPSIS ...Sometimes, it's hard to stay focused on the overall, long-term performance of a system, especially if you frequently feel like you've missed out on a strong market move....
BSX : Breakout Beckoning?
ARTICLE SYNOPSIS ...After a recent sell-off, Boston Scientific shares have seemingly found, and made a rebound from a key support level; can this stock reclaim the recent highs - and beyond?...
Gamestop Has A Daily Buy Signal Amid Bullish Weekly Backdrop
ARTICLE SYNOPSIS ...A daily based system buy signal is nice, but when it occurs in union with a bullish weekly chart breakout setup, serious traders will want to take note....
Tiffany's Fires A Convincing Buy Signal
ARTICLE SYNOPSIS ...Tiffany and Co. looks poised for more gains after rising from a minor cup & handle pattern....
Seeking Balance In Your Trading System
ARTICLE SYNOPSIS ...Ideally, the trading system you use should offer a reasonable balance between both long-side and short-side profitability....
With JP Morgan Chase, Is Big Money Dumping Big Bank Stocks?
ARTICLE SYNOPSIS ...JP Morgan Chase shares keep getting hammered, and June 15's new sell signal hints at even more downside for the banking giant....
Ecolab, A Stock That's Bucking The Trend
ARTICLE SYNOPSIS ...With the S&P 500 at or near a potentially strong support area, now is the time to look for quick in-and-out long trade setups....
Fidelity Select Gold A Lagging Fund?
ARTICLE SYNOPSIS ...While the price of gold has been hanging on to the majority of the gains made during its massive decade-long run, the values of gold stocks have already begun a significant corrective process....
Is Morgan Stanley Ready For Relief?
ARTICLE SYNOPSIS ...Shares of Morgan Stanley may be close to reaching a temporary area of support from which to launch a minor rally....
New Sell Signal For DNR As Broad Market Tumbles
ARTICLE SYNOPSIS ...Denbury Resources appear to only have just begun to initiate the second wave of a selloff that got under way in early April 2011....
ADM Just Above A Critical Support Zone
ARTICLE SYNOPSIS ...A variety of indicators and systems are all in agreement that lower prices are very likely for shares of Archer Daniels Midland in the days and weeks ahead....
WFR New RMO And ParaSar Sell Signals
ARTICLE SYNOPSIS ...When two time-tested trading systems agree on a sell signal, it may be time to pay attention....
World's Cheapest Trading System Goes Long
ARTICLE SYNOPSIS ...The world's cheapest trading system has once again decided to go long the Russell 2000 index. Will you be along for the ride?...
CLF Too Late To Sell?
ARTICLE SYNOPSIS ...Some natural resource stocks are looking vulnerable right now. Here's a look at a very interesting chart setup in a key player from this sector....
Janus Capital Throwing In The Towel?
ARTICLE SYNOPSIS ...When it rains, it pours -- or so it seems sometimes. Here's a look at a stock getting creamed by the uncertainty surrounding a possible government debt default....
AK Steel Dropping Like A Ton Of Lead
ARTICLE SYNOPSIS ...In a surprising selloff, after gapping lower at the open, AK Steel proceeded to shed another $2 per share before the session was over. Is this a portent of things to come?...
ACE Heading Into A Hole?
ARTICLE SYNOPSIS ...Once an uptrend is officially reversed, wise traders will want to look for advantageous places to trade from the short side....
Pfizer Downtrend Intensifying?
ARTICLE SYNOPSIS ...Pfizer shares may be on the verge of a larger, more sustained downtrend over the next few weeks....
Interpreting Trade Statistics And Their Monthly Performances
ARTICLE SYNOPSIS ...Learning to analyze a variety of back-tested equity curve graphs can help give you a better understanding of your trading system....
Will Support Hold For Micron Technology?
ARTICLE SYNOPSIS ...When the broad market is falling fast, it pays to keep an eye on a stock's price behavior as it approaches a major support level....
Avon Products Weak Despite Strong Market Rebound
ARTICLE SYNOPSIS ...After a market has a strong rebound rally, it might pay to be alert to those stocks that are lagging behind....
Calling The Tune In The Gold Market
ARTICLE SYNOPSIS ...Just about everyone seems to be aware of the longrunning uptrend in the gold market, one that is now about 10 years old. Gold market traders, on the other hand, realize that the shorter-term swings and cycles in this highly emotional commodity are chaotic and unpredictable, and that a highly disciplined discretionary or mechanical trading system is an absolute must in order to make and retain trading profits. Here is a closer look at an intraday, fully mechanical trading system for gold futures....
Trade System Stats For Beginners
ARTICLE SYNOPSIS ...Not sure how to properly interpret all of those TradeStation performance summary reports for your trading systems? Here's a quick primer for those who need a little help sorting the wheat from the chaff....
Baker Hughes Turning On The Afterburners
ARTICLE SYNOPSIS ...Incredibly, some stocks, even after a sustained run higher, still appear to have plenty of fire beneath them, propelling them higher....
IBM Moving The Dow 30 Ever Higher
ARTICLE SYNOPSIS ...Of all the major US stock indexes, only the mighty Dow 30 is still making fresh post-crash highs, with IBM being the main mover within its ranks....
1235 Next Target For S&P 500 Reversal?
ARTICLE SYNOPSIS ...Is this really the top of the massive upswing that started way back in July 2010? Probably so, but will the support level near 1235.00 in the S&P 500 hold back a strong wave of selling pressure?...
Possible Covered Call For Sunoco
ARTICLE SYNOPSIS ...The broad US stock indexes apparently just don't know when to stop rising. Until rationality returns, why not make the most of whatever bullish sentiment is left?...
JDSU: Swan Song Or Sustainable Trend?
ARTICLE SYNOPSIS ...Back in the heyday of the late 1990s dotcom era, shares of JDS Uniphase were thought to be invulnerable to a major decline. We all know what happened to it in the 2000-02 bear market. Are things really all that different now?...
Pullback Likely From Extreme For Marathon Oil
ARTICLE SYNOPSIS ...Parabolic rises in stocks eventually fizzle out, usually bringing prices back to a meaningful support level sooner or later. Here's a look at a high-flying energy stock that may have moved too high, too fast and is now likely ripe for a reversal....
Will The Rally Resume In The Dollar Index?
ARTICLE SYNOPSIS ...The US Dollar Index staged a remarkable turnaround from early November to early December 2010, but since then it has been trapped in a trading range. Time for the rally to resume -- or not?...
Time To Flee Sara Lee?
ARTICLE SYNOPSIS ...Sometimes it's the not-so-obvious clues on the price chart that can warn you that the party is just about over. Looks like the hosts are making a mad dash for the punch bowl -- in shares of Sara Lee....
NVDA Complete Retracement Of The 2010 Decline
ARTICLE SYNOPSIS ...While it's always a thrill to see a stock launch into a near-vertical, parabolic rise, wise traders and investors will want to do some technical and fundamental investigation before blindly jumping on board at such lofty price levels....
Silver Futures Reversal At Hand?
ARTICLE SYNOPSIS ...Silver has managed to keep grinding higher for five consecutive months, rising in value by nearly 80% between July 28 and January 3. Is this rally in the terminal phase, or is there reason to believe that even higher prices can be achieved before a meaningful correction ensues?...
Mini-Dow Intraday Domed Top Pattern
ARTICLE SYNOPSIS ...More than a few technicians are in agreement that the mighty Dow may be at or approaching a major trend reversal zone. Is this noticeable intraday domed top pattern one of the first confirmations of a bearish turn?...
With Abercrombie & Fitch, Keeping It Between The Lines
ARTICLE SYNOPSIS ...Here's a look at an attractive short option strangle setup now taking shape on Abercrombie & Fitch's weekly chart....
Forex Focus: The US Dollar And Precious Metals by Donald W. Pendergast Jr.
ARTICLE SYNOPSIS ...Playing the US dollar versus the precious metals market dynamic is one of the highest-probability trading games around. This is especially significant at major trend reversals. Will the significant support area near 76.00 even hold, much less act as a reversal point....
Making A Good System Great by Donald W. Pendergast Jr
ARTICLE SYNOPSIS ...Once you have a trading system, you still need to evaluate it. You can apply optimization strategies to increase profitability, reduce drawdowns, and enhance the stability of your system....
Southwest Airlines On Approach To Lower Altitudes?
ARTICLE SYNOPSIS ...Over the last few months, the selling pressure in the shares of Southwest Airlines has been relatively mild yet persistent. Will the newest swing sell signal in the stock precipitate a plunge to lower price levels?...
CHRW Weak Relative Strength, Strong Sell Signal
ARTICLE SYNOPSIS ...Shares of C.H. Robinson began faltering well in advance of the recent stall in the S&P 500 and have now issued a very strong sell signal....
A .370 Batting Average?
ARTICLE SYNOPSIS ...Some traders are more comfortable with a system that wins 70% of the time rather than one that only wins 35% to 40% of the time. But what if winning less frequently actually resulted in substantially higher profits?...
Tesoro Going With Strength
ARTICLE SYNOPSIS ...Covered-call trading isn't glamorous, but it can be one of the lowest-risk plays as a long-term trend approaches a possible pause point....
Charles Schwab: Make A Buck With Chuck?
ARTICLE SYNOPSIS ...The RMO swing trade system in MetaStock 11 is going long shares of Charles Schwab -- should you also be going long for the ride?...
The Future's So Bright: New Opportunities In MSCI Indexes
ARTICLE SYNOPSIS ...Never before has the typical futures market participant had so many trading opportunities available -- and all under one roof....
Is Teradyne Overextended Or Just Pausing?
ARTICLE SYNOPSIS ...How high is high, anyway? Shares of Teradyne just seem to keep cranking higher -- and higher. Is the stock a buy right now, and if not, why not?...
Gannett High-Yield Covered Call Op
ARTICLE SYNOPSIS ...The bull market keeps hanging in there. Instead of trying to call the exact top, why not just try to make the most of the stocks that are still moving higher?...
Gold Futures System Music To The Ears?
ARTICLE SYNOPSIS ...Some markets tend to trend intraday, while others look more like financial market meat grinders. Using the right kind of trading system can help you exploit the potential in nearly any kind of market....
Is NVLS A Covered-Call Candidate?
ARTICLE SYNOPSIS ...Was last week's tumble in the S&P 500 just a shakeout, or was its subsequent two-day rally a complete fakeout? Who knows, but based on pure momentum, shares of Novellus Systems appear to be offering a near-ideal covered-call setup....
With Man Or Machine, Which Trades More Effectively?
ARTICLE SYNOPSIS ...While it's tempting to call significant market turns all by yourself, in many cases a well-developed mechanical trading system can do the job with more reliability and consistency than any human can....
FedEx Bursting Higher From A Range?
ARTICLE SYNOPSIS ...Staying on top of the trend reversals and changes in the markets you follow is of vital importance. Here's a look at a smart way to keep track of them....
Is The Bottom In Yet For CSC?
ARTICLE SYNOPSIS ...When a long-running bullish money flow/price divergence finally shows signs of playing out, sharp traders and investors start to take notice and then take positions carefully....
A New Setup For Novellus, But Will It Follow Through?
ARTICLE SYNOPSIS ...Shares of Novellus broke sharply higher late in the week. Will this new long trade setup trigger soon?...
Bristol Myers Squibb New 52-Week High
ARTICLE SYNOPSIS ...Stocks that make new yearly highs even as the broad market declines are certainly worth investigating by serious traders and investors....
With Urban Outfitters, A Pop Due Before Christmas?
ARTICLE SYNOPSIS ...This stock had been consolidating for six weeks until December 13. Will this latest bullish breakout attempt soon drive the stock back into the $30 range again?...
Pall Corp. Ready To Surge Above Resistance?
ARTICLE SYNOPSIS ...Sometimes the best strategy is to buy high and sell higher. This might be a strategy worth considering in shares of Pall Corp. in the days ahead....
Ryland Group Looking For A Move On Up?
ARTICLE SYNOPSIS ...Hard to believe, but some homebuilding stocks are actually on a tear....
Aeropostale Delivering More Profits?
ARTICLE SYNOPSIS ...The stock market is no stronger than its components. Here'sa look at one of the more promising bullish trade setups currently available....
Another Rise Due For KLAC-Tencor?
ARTICLE SYNOPSIS ...With the recent bullish reversal in the broad markets still holding strong, it's time to look at big-cap names with high relative strength....
Picture-Perfect Buy Setup For NSR?
ARTICLE SYNOPSIS ...Shares of Neustar may be setting up for a very low-risk long entry signal....
Sears Holdings In Prime Spot For Reversal?
ARTICLE SYNOPSIS ...Despite its substantial recent selloff, shares of Sears Holdings Corp. still have positive medium-term money flow....
Fair Isaac New Buy Setup Awaits
ARTICLE SYNOPSIS ...Has the year-end rally begun? Sure looks like it, and here's one of the better long trade setups available now....
Product review: TradeStation 9 Walk Forward Optimizer
ARTICLE SYNOPSIS ...TradeStation is a company with instant name recognition in the world of system trading and development, real-time scanning, and market analysis....
For Analog Devices, All Systems Go?
ARTICLE SYNOPSIS ...Here it comes -- a significant trend reversal in the broad markets. Will Analog Devices join in the rally?...
XL Group New System Sell Signal
ARTICLE SYNOPSIS ...Sell signals from proven trading systems that fire amid a backdrop of negative momentum and weak money flow might be just the ticket to profit from further market weakness....
Double Bottom Or Not?
ARTICLE SYNOPSIS ...Sure looks like a double bottom on the daily chart of the Russell 2000 index, doesn't it? Might we get a sustainable rebound in its aftermath?...
Which Is The Best Trading System For You?
ARTICLE SYNOPSIS ...Some trading systems appear to be almost a tailor-made fit for a given stock's trading characteristics....
Lower Stock Prices Ahead For Priceline?
ARTICLE SYNOPSIS ...Some sell signals are more appealing than others, depending on the broader context in which they appear....
CF Industries At A Three-Year High
ARTICLE SYNOPSIS ...Some stocks were hardly even scratched by the July/August swoon in the broad markets....
Is Polo Ralph Lauren Bucking The Trend?
ARTICLE SYNOPSIS ...Here's an unusual stock to watch -- shares of Polo Ralph Lauren, even though they did sell off with the rest of the market, are still sitting near a 52-week high....
Weak Relative Strength Stocks In The .SPX
ARTICLE SYNOPSIS ...We've seen a nice relief rally in the .SPX over the past few sessions. Now is the time to start getting your list of weak relative strength stocks to sell short list going again....
Smith International Waiting For The Breakdown
ARTICLE SYNOPSIS ...When you trade a trend-following system, it's usually best to wait for follow-through before initiating your position....
Ross Stores Major Weekly Sell Signal
ARTICLE SYNOPSIS ...A strong daily sell signal is one thing, but when a good system flashes a weekly sell, it might really be time to pay attention....
Will The New Bear Market Be Mild Or Wild?
ARTICLE SYNOPSIS ...The 1100 area did offer intraday support for the .SPX, temporarily allowing for a short-covering rally. When the bear starts the mauling again, however, will the ensuing declines be fast and violent or more drawn out and tortuous?...
S&P 500 Another 100 Points Until A Bottom?
ARTICLE SYNOPSIS ...The bear is back, much to some analysts' surprise. Based on cycle and Fibonacci analysis, traders and investors shouldn't expect to see a major rally again in the .SPX until the 1000-1025 area is convincingly tested....
Rowan Cos. Takes A Big Hit
ARTICLE SYNOPSIS ...Any questions about a new bear market seem kind of moot right about now. One of the most bearish sectors of all is energy, and here's a glance at the current chart of a major oil services outfit....
Is RR Donnelley Short-Term Oversold?
ARTICLE SYNOPSIS ...Even when a stock gets hammered, there are often brief rebounds back up toward key resistance levels that skilled traders can learn to profit from....
Baker Hughes High Momentum
ARTICLE SYNOPSIS ...With such outstanding upward momentum going for it, Baker Hughes shares look like an attractive covered-call play....
Tesoro Corp.'s New Buy Setup
ARTICLE SYNOPSIS ...The broad markets still seem to have some potential to go higher, but drilling down to the better-performing component stocks looks like the way to go....
WMB Gives Yet Another Buy Signal As Market Heats Up
ARTICLE SYNOPSIS ...When the broad market finally gets in gear and starts to move in concert, it's amazing how similar the chart setups look in the various stocks that fire buy signals....
ERTS Ready To Jump Higher?
ARTICLE SYNOPSIS ...Electronic Arts shares have taken a bit of a breather lately, but now look ready to make another attempt to run higher....
Goodyear About To Rise Again?
ARTICLE SYNOPSIS ...Up by more than 50% since December 2010, shares of Goodyear Tire and Rubber may be ready for yet another spurt higher....
Praxair New RMO Swing Buy Signal
ARTICLE SYNOPSIS ...Praxair fires off a new long trading signal, perhaps alerting traders of some more room to run on the upside....
Hudson City Bancorp New Sell Signal
ARTICLE SYNOPSIS ...Shares of Hudson City Bancorp are down sharply since the start of the year, but one trading system still thinks it's a good time to initiate a new short position....
BAC's Compelling Short Setup?
ARTICLE SYNOPSIS ...Most of the time, a trader is better off not adding too much (if any) extra trade entry confirmation to an otherwise successful trading system's signal output. But it's still nice to have some attractive chart patterns and dynamics working in the trade's favor, regardless....
Southwestern Energy Dropping Hard
ARTICLE SYNOPSIS ...Although shares of Southwestern Energy have taken a hit lately, some trading systems are suggesting that a larger decline may be in the cards for this energy stock....
TGT New RMO Swing Sell Signal
ARTICLE SYNOPSIS ...Shorting the market may not be everyone's cup of tea, but for those experienced with that discipline, this short setup in Target shares looks fairly attractive....
Entergy Shows Weak Relative Strength And Strong Sell Signal
ARTICLE SYNOPSIS ...After a shock selloff in a stock, there is usually a minor rebound, which is frequently followed by a secondary selloff down to retest the initial low. Shares of Entergy may be about to embark on that ride to a retest -- and soon....
Is There A Best Time To Begin Systems Trading?
ARTICLE SYNOPSIS ...Once you've identified a promising trading system, you'll still be faced with a very basic question: When is the preferred time to begin trading it?...
Oneok's New RMO Buy Signal
ARTICLE SYNOPSIS ...Buying a stock after a strong move up might seem illogical, but sometimes it still pays to buy high, sell higher....
The Cheapest Trading Method In The World?
ARTICLE SYNOPSIS ...Who says you need to spend $5,000 to buy a system? Here's a rough outline of a system idea that shows great promise, but it's up to you to do the hard work of getting it into tradable condition....
Turn Up The Volume
ARTICLE SYNOPSIS ...Most traders use some form of volume analysis; here's a look at a unique way to measure the current momentum of the volume trend in your favorite markets....
Russell 2000 Triple-Top Buy?
ARTICLE SYNOPSIS ...Chart pattern analysis is perhaps more art and intuition than science, but the current triple-top buy setup in the Russell 2000 demands more than a passing glance....
Aurizon Mines Breaking Higher
ARTICLE SYNOPSIS ...Some trading methods are ridiculously simple and surprisingly effective. Here'a a look at a very promising system at work in the shares of Aurizon Mines, Ltd....
Silver Wheaton Tops In Relative Strength Among Miners
ARTICLE SYNOPSIS ...Up by nearly tenfold since making a major low in late 2008, shares of Silver Wheaton boast of very high relative strength versus its mining peer group. But can this rally continue?...
Reversed MACD System Continues To Perform In NEM
ARTICLE SYNOPSIS ...Back in April, we took a look at the performance of the reversed MACD trading system on shares of Newmont Mining. Here's a brief look at how the system has performed since then, using the same system parameters....
Is Gold In Need Of More Fuel?
ARTICLE SYNOPSIS ...Attempting to pick a market top is foolish, but many times a market nearing a significant cycle high is kind enough to issue an early warning of a possible trend reversal....
Akamai Technologies And Its Believable Breakout
ARTICLE SYNOPSIS ...Some breakouts work right away, others fail miserably, and still others simply take their sweet time, driving action-hungry traders crazy. The new break higher in Akamai Technologies looks like one that may get going very soon....
Twenty Percent Of SP 500 Components Trigger A Buy Signal
ARTICLE SYNOPSIS ...Some rallies are fakers, while others become real moneymakers. With a full 20% of the S&P 500 component stocks flashing daily RMO swing buy signals on September 1, 2010, this rally might end up in the moneymaker category....
At The Close by Donald W. Pendergast Jr
Basic Materials, Agriculture ETFs Outperform Broad Markets
ARTICLE SYNOPSIS ...Based on a 12-month weighted ranking system, many of the top performing exchange traded funds hail from the metals, emerging market, and agricultural industry groups....
Are Discretionary Trading Tools Worth The Money?
ARTICLE SYNOPSIS ...There are dozens of companies that claim to have the best indicators and trading tools. Most fail to deliver. Here's a look at a set of discretionary trading tools that actually delivers what is promised....
Copper Getting Overbought?
ARTICLE SYNOPSIS ...Commitment of Traders' net position analysis suggests that a intermediate-term top may arrive sooner rather than later in the copper futures market....
Using Fibonacci-Level Breaks To Identify Reversals
ARTICLE SYNOPSIS ...Here is a very simple, reliable way to help identify a true trend reversal -- and maybe make some trading profits, too....
DX Turning Higher As Metals Falter
ARTICLE SYNOPSIS ...Some market turns are more easily anticipated than others. This sharp turn in the US Dollar Index was no surprise, given the extremes of bearish sentiment prevailing leading up to the reversal....
For AMZN, Top Relative Strength Among RMO Buys
ARTICLE SYNOPSIS ...Amazon.com shares are offering a potentially bullish trade setup, one based on a proven trading system's long entry signal....
Is Gold Going Parabolic?
ARTICLE SYNOPSIS ...With gold on track to demolish a key resistance level this week, traders and investors have to wonder: How high will gold go?...
Are Trading Systems Smarter Than Technicians?
ARTICLE SYNOPSIS ...A few days ago, I wrote that the silver market was exhibiting the potential for a trend reversal. The silver market had other plans, one that a well-designed trading system has profited from....
Silver More Evidence Of A Possible Reversal
ARTICLE SYNOPSIS ...Most trend reversals give several warning signals before the turn finally comes. Here's another high-probability reversal setup in COMEX mini silver futures....
Gold Hiccup Or Reversal?
ARTICLE SYNOPSIS ...Here's an inside look at the reversal now under way in the gold futures market, through the eyes of a system trader....
DX Possible Bullish Divergence In Works
ARTICLE SYNOPSIS ...With gold on a northbound tear, it's little wonder that the US Dollar Index is currently in a descending mode. Will the significant support area near 76.00 even hold, much less act as a reversal point?...
Silver And A Swing Trading View
ARTICLE SYNOPSIS ...Even in the hottest commodity markets, swing trading systems can and do go flat -- for a little while, that is....
Gold Stocks And Silver Outperforming Gold
ARTICLE SYNOPSIS ...Metals -- are they at some sort of a top, or are they destined to run still higher through year-end? No one really knows, but right now, silver futures and gold equities are substantially outperforming gold futures....
At The Close by Donald Pendergast
Devon Energy Long Swing Setup Possible
ARTICLE SYNOPSIS ...With the Standard & Poor's 500 typically putting in a strong year-end performance for the majority of the years since 1980, scouting the market horizon for low-risk swing trade setups might be a good investment of time....
Fidelity Energy Services Top Fund Relative Strength
ARTICLE SYNOPSIS ...Even the most hard-hit market sectors can recover given enough time. Here's a technical take on one of these "worst to first" market situations....
Silver Reaction Rally Nearing Detrend Extreme
ARTICLE SYNOPSIS ...After every sharp selloff, it's normal to see a reaction move higher into resistance areas. The silver futures market may be at such a juncture at this moment....
Gold's Monthly Chart Warns Of More Downside
ARTICLE SYNOPSIS ...Gold ran up from $681 to more than $1,423 in a little more than two years; after hitting previously forecast resistance levels, the gold futures market is beginning to turn lower. Where are the critical long-term support areas that traders and investors need to be aware of?...
Support Tests Looming For Russell 2000
ARTICLE SYNOPSIS ...All trends reverse direction, eventually. The big question for Russell 2000 index traders: Is this only a pullback in a continuing bull run, or is it the beginning of a major trend reversal?...
US Dollar Reversal At Hand
ARTICLE SYNOPSIS ...Trends don't usually turn on a dime, and the US Dollar Index has also been taking its time in preparation for what looks to be a significant trend reversal -- toward higher ground....
Mini Gold: Setup for a Major Fall?
ARTICLE SYNOPSIS ...This may not be 'the' top in the gold market, but the balance of the technical evidence still suggests that traders should be prepared for the possibility of more downside....
In Silver, Keltner Clash No. 7 Approaches
ARTICLE SYNOPSIS ...Apparently, metals traders feel that the announcement of the highly anticipated quantitative easing was more than a little inflationary, propelling gold and silver even higher. Will the silver market finally peak at or just beyond a key, rarely exceeded, resistance level?...
Does The S&P 500 Have A Seasonal Shot At 1220?
ARTICLE SYNOPSIS ...The stock market is truly independent with no real agenda to push, and very hard to get a straight answer from at times. But it may be tipping its hand, offering traders a fairly low-risk long setup....
SNDK Highest Relative Strength In S&P 500
ARTICLE SYNOPSIS ...The broad market may run into resistance soon, but don't discount the ability of strong relative strength stocks to go faster and further than you might imagine....
Russell 2000 At 79% Fibonacci Support - Will It Hold?
ARTICLE SYNOPSIS ...Tuesday's intraday reversal off of major Fibonacci support looks like a hopeful development, but just how far might the Russell 2000 index travel before stalling again?...
What's in Your Portfolio? A Short Capital One Strangle, Of Course
ARTICLE SYNOPSIS ...The Raff MarketSpace Stock System has issued a bevy of new short signals in numerous S&P 500 stocks. Here's a glance at an interesting short setup in Capital One Financial shares, one that can be played a couple of different ways....
Russell 2000 Bullish Gartley Pattern Forming
ARTICLE SYNOPSIS ...A unique chart pattern is in the works on the Russell 2000 index's daily chart, a pattern that has a good track record at forecasting bullish reversals....
Russell 2000 Potential Support Soon?
ARTICLE SYNOPSIS ...What a month! The big bad bull is on the run, but several key Fibonacci support levels may help stop the current slide....
Southwestern Energy June Call Sales
ARTICLE SYNOPSIS ...Southwestern Energy shares have been weakening for about four months now, with the daily and weekly charts presenting aggressive traders with a modest-risk call option play....
Chesapeake Energy - Buy Puts
ARTICLE SYNOPSIS ...Once in a while, it makes sense to buy put options for speculative trade purposes. Here's one such opportunity....
Pfizer Bearish In Two Time Frames
ARTICLE SYNOPSIS ...Pfizer shares may be ready to move lower still, based on the trend dynamics on its daily and weekly charts....
Coventry Health's Short Setup?
ARTICLE SYNOPSIS ...The Raff-MarketSpace Stock System, one of the expert advisors contained in MetaStock 11, has issued an interesting short signal in Coventry Health....
Option Volatility Surges In TNA
ARTICLE SYNOPSIS ...When markets drop hard and fast, option volatilities can rise dramatically, and right now, option premiums are some of the fattest available since the market volatility of 2007 to 2009....
Fidelity Natural Gas Fund's Significant Breakdown
ARTICLE SYNOPSIS ...As the fund with the weakest overall relative strength ranking in the Select Sector fund complex, FSNGX looks to be headed to even lower levels in the wake of a major break of weekly support....
It's Hammer Time For S&P 500
ARTICLE SYNOPSIS ...Trend reversal? What trend reversal? This is another "buy the dips" pullback, right? Think again....
NASDAQ 100 More Downside?
ARTICLE SYNOPSIS ...With daily and weekly cycle tops already established, technicians and traders now seek how best to project possible support areas in the NASDAQ 100....
Alcoa Looking Vulnerable
ARTICLE SYNOPSIS ...With the broad market in a clear distribution pattern, it may prove beneficial to locate stocks already leading the way lower. Here's a look at the stock of one of the US's metal manufacturing giants....
Copper's Convincing Break Higher?
ARTICLE SYNOPSIS ...Copper has staged a very strong and somewhat unexpected rally after taking a tumble during the first two months of 2010. Is this latest breakout destined to eventually challenge the all-time highs achieved in 2008?...
High-Flying ZION Prepares For Pullback
ARTICLE SYNOPSIS ...Of all the stocks in the S&P 500, Zions Bancorp has the highest 13-week relative strength ranking versus this key large-cap index. But even the strongest stocks will eventually pull back to key support, as appears to be the case with ZION....
RMO New Buys And Sells In Currencies
ARTICLE SYNOPSIS ...The Rahul Mohindar trading system has flashed new swing trade signals -- long for the US Dollar Index and short for the Canadian dollar....
Simple Strategy For IWM
ARTICLE SYNOPSIS ...System trading can be just plain boring, but compared to the nonstop emotional ups and downs of discretionary trading, trading with a simple and steady mechanical method might be the best choice....
Adventures At Wally World
ARTICLE SYNOPSIS ...Continuing with last week's test theme of applying the reversed MACD trading system to a variety of high- and low-volatility stocks, this week we look at a three-year backtest of the system on a more stable consumer staples stock, that of Wal-Mart Stores....
R2K Ripe For A 21-Day EMA Retest
ARTICLE SYNOPSIS ...Based on current internal strength readings and other technical criteria, the Russell 2000 index appears to be at or very near the start of a corrective move lower....
More GBP/USD Currency Reversals Underway
ARTICLE SYNOPSIS ...After enduring a nearly four-month decline, the GBP/USD forex pair might just have enough of a fire beneath it to bring it back up toward the 1.56 area again....
Euro At Make Or Break Point
ARTICLE SYNOPSIS ...The euro's three-month-long decline has been put on hold for the time being, but is the recent runup from the lows confirmation of a trend reversal, or will strong resistance force a retest of the March 2010 low?...
Tuning A Trading System
ARTICLE SYNOPSIS ...Comparing the performance of a trading system's equity curve in relation to the trend of the particular market that generated the trading signals may help traders maximize their system's profitability....
Gamestop Reversal At Hand?
ARTICLE SYNOPSIS ...One of the weaker stocks in the S&P 500, Gamestop, staged a noticeable reversal today. But will this move have follow-through ability?...
R2K Intraday Rally, Stall, Fall
ARTICLE SYNOPSIS ...By watching the reaction of prices in areas of trendline/Fibonacci support and resistance levels, traders can gain extra confidence as they anticipate strong reversal and continuation moves....
LFUS As A Movie-Star Trade
ARTICLE SYNOPSIS ...Strong stocks tend to stay strong; using a proven timing system can help minimize the risk of latching onto a stock that has already skyrocketed over the past year. LFUS is such an example....
Stillwater Mining Follows Through With Major Momentum
ARTICLE SYNOPSIS ...Stillwater Mining has already made a strong move higher, but since strong stocks frequently move even higher, this high-flyer might be worth a second look....
MWIV Fresh Break To Post-Crash Highs
ARTICLE SYNOPSIS ...If the broad market is destined to move even higher now, MWI Veterinary Supply is one of the stocks most likely to lead the way up....
As Broad Market Peaks, A Possible Short For MOT
ARTICLE SYNOPSIS ...When big-name stocks severely lag the broad market indexes, look for possible short setups as the S&P 500 maxes out on the current upswing....
A Simple Trend Filter For Trend-Followers
ARTICLE SYNOPSIS ...Some moving averages do a better job than others when it comes to determining various degrees of trend. Here's a look at how to combine two simple technical tactics in order to stay on the right side of a given market....
Airline Stocks Remain High-Flyers
ARTICLE SYNOPSIS ...Of all the Fidelity Select Sector mutual funds, the air transportation fund is the one most substantially outperforming the S&P 500 over the past quarter....
Goldman Sachs And The Short-Term Put Sale Op
ARTICLE SYNOPSIS ...With the broad markets finding short-term support over the last two sessions, now may be the time to consider selling near-term, out-of-the-money puts on Goldman Sachs shares....
APC And Weak Relative Strength
ARTICLE SYNOPSIS ...Shares of Anadarko Petroleum are leading the S&P 500 lower, but this beleaguered stock might find an area of support near $31, possibly setting up some put sale opportunities....
One For Three Ain't Bad At All
ARTICLE SYNOPSIS ...If you want to trade a system successfully, you need to stay in the game to come out a winner....
Trade System Metrics And Time In The Market
ARTICLE SYNOPSIS ...How much time does your trading system spend in the market? Ideally, you want to deploy systems that make the maximum amount of money in the least amount of time, thus limiting your amount of exposure to the market....
With Trading Systems, Patience Pays Off
ARTICLE SYNOPSIS ...It's been said that most traders will abandon an otherwise sound mechanical trading system after only three consecutive losing trades. Those who subscribe to such faulty reasoning usually miss out on the large gains available once the system finally begins to pull out of ordinary drawdown periods....
AK Steel And The Near-Term Short Setup
ARTICLE SYNOPSIS ...The broad markets hit a speed bump on June 14, 2010, setting up a number of interesting short-sale situations. Here's a look at one of the more promising plays....
Best Of Funds, Worst Of Funds
ARTICLE SYNOPSIS ...Not much has changed in the world of sector fund relative strength over the past few months; transportation stocks are still outperforming even as energy-related shares continue to languish....
Check Your Options Before You Put On A Trade
ARTICLE SYNOPSIS ...Buying at-the-money puts with favorable vega to theta ratios can make sense, but only in certain circumstances....
The R2K And The EMA
ARTICLE SYNOPSIS ...Some people are so rich that the gyrations of the financial markets don't mean a thing to them. But for mere mortals possessed of ordinary financial means, whenever a stock or stock index closes below its all- important 200-day EMA, traders and investors are quick to take note of such bearish confirmations....
Salesforce.com Has A Wide Range Breakout
ARTICLE SYNOPSIS ...Salesforce.com shares took off like a rocket on Thursday, issuing a fresh Raff MarketSpace stock system buy signal....
Pioneer Natural Resources Put Sale
ARTICLE SYNOPSIS ...Shares of Pioneer Natural Resources have caught a nice bid. Here's a simple put sale intended to keep risk-averse traders out of trouble and in the black....
Do High TRIN Values Mean A Temporary Pause In Selloff?
ARTICLE SYNOPSIS ...The ARMS index — also known as TRIN, or the trader's index — is a valuable tool for those attempting to measure the likelihood of broad market reversal and consolidation phases. Right now, the NYSE TRIN may be suggesting a temporary pause in the current selling spree in the S&P 500....
A Tale Of Two Options
ARTICLE SYNOPSIS ...Finding it hard to make accurate directional calls in such a volatile market? Why not just consider selling short-term options that are beyond strong resistance barriers instead?...
Natural Gas Seasonal Low In Place?
ARTICLE SYNOPSIS ...For the past 20 years, the seasonal pattern in natural gas futures confirms that this energy commodity usually trades at its lowest price of the year sometime between mid-July and late August. Will the pattern hold this year?...
CCI 12/10 System Still Pulling Strong
ARTICLE SYNOPSIS ...The CCI 12/10 trading system returned good set of historical performance stats over a 19-year test on a diverse group of large-cap stocks. But how has the system performed in the nine months since the article in which it was introduced was written?...
Reversed MACD System Continues To Perform
ARTICLE SYNOPSIS ...The reversed MACD trading system, originally described in the March 2009 STOCKS & COMMODITIES, continues to perform well....
For GCI, A Pre-Earnings Buy Signal
ARTICLE SYNOPSIS ...Sometimes it pays to sell a stock that has had a strong run just before earnings are released. In the case of Gannett Co. (GCI) shares, there appear to be plenty of bullish reasons to buy in anticipation of a runup toward the $16.50 area, as the smart money is likely already onboard for the next swing higher....
Russell 2000 Rally To Continue?
ARTICLE SYNOPSIS ...The Russell 2000 has just completed a successful 38% retracement of the March 2009 to April 2010 bull run, and now, two volume-based indicators suggest that this key small-cap index may have another few weeks to run higher....
As Gold Stocks Peak, A Possible Short Play With UXG
ARTICLE SYNOPSIS ...Volume is an oft-overlooked technical tool, one that traders can use to help anticipate turns in any market....
The Many Faces Of Loew's
ARTICLE SYNOPSIS ...Even major bear markets sometimes offer attractive, low-risk swing trade setups. Here's an especially alluring short-term buy setup in shares of Loew's Corp....
Really? A Short-Term R2K Rally?
ARTICLE SYNOPSIS ...The bear market is far from complete, but for intraday traders, there are always plenty of bullish setups in various small-scale time frames. Here's a look at a potentially bullish setup in the emini Russell 2000 futures contract....
WFR A Possible Short Put Play
ARTICLE SYNOPSIS ...It can be difficult to consider a short-term bullish play on a stock that has dropped by more than 43% in 10 weeks, but sometimes the trades that are hardest to take can be the ones that can provide a pleasant surprise....
For Gold, The High Is In - For Now
ARTICLE SYNOPSIS ...Is the gold bull market dead? No one knows, but the probabilities favor at least a corrective move down toward $1,150 -- at a minimum....
Russell 2000 Approaches Make-Or-Break Support
ARTICLE SYNOPSIS ...The bear market continues to soldier on, but a fast-approaching, critical support level may prove to be a significant battleground between hard-core bears and value-conscious long-term investors....
Canadian Dollar Futures Descending Toward Support
ARTICLE SYNOPSIS ...Canadian dollar futures enjoyed a nice bull run in 2009, but the technicals now suggest that it may take a while for the loonie to meet or exceed its October 2009 highs....
Silver Downtrend Strengthens
ARTICLE SYNOPSIS ...As silver approaches an important support area, traders begin to take sides for the ensuing battle....
Time To Drop Copper?
ARTICLE SYNOPSIS ...Up nearly 200% since 2008's bear market low, high-grade copper futures appear to be running out of steam. Where are the most solid support levels for this essential commodity?...
Iron Mountain Sliding Downhill
ARTICLE SYNOPSIS ...One of the weakest relative strength stocks in the S&P 500 has just flashed a daily chart sell signal....
Gold Falling Like A Ton Of Lead
ARTICLE SYNOPSIS ...Despite a modest relief rally, gold has resumed its major monthly cyclical downtrend. At what support level might this metal finally bottom out?...
Gold Pennants, Breakdowns, Washouts, Reversals
ARTICLE SYNOPSIS ...Take an intraday trip through the gold futures market, using the three- and fifteen-minute charts as a road map....
GBP/USD Rising From Consolidation Support
ARTICLE SYNOPSIS ...The British pound/US dollar forex currency pair has been range-bound since June 2009, offering daily based swing traders with a fresh long entry opportunity....
Minor Pullback Due In March Silver
ARTICLE SYNOPSIS ...Silver is in the midst of a brief rebound, one that may still have room to rise. Several solid support areas may offer traders a low-risk reentry point....
AMD Flying High At Year-End
ARTICLE SYNOPSIS ...With one of the highest relative strength rankings versus the Standard & Poor's 500, AMD finished out 2009 on a high note. Will this stock still be a buy if it retraces some of its recent gains?...
The Search For Your Trading Style by Donald Pendergast
ARTICLE SYNOPSIS ...The Search For Your Trading Style by Donald Pendergast Here's a simple trading method you can apply if you trade with a longer-term outlook. I hope my recent article, "Crash Course For Novice Traders," caused you to reflect on the critical decisions that you'll need to make before pursuing an aggressive program of trading or investing. If you haven't read the article yet and you're struggling to stay afloat as a trader and/or investor, consider taking a few minutes now and read that article, as it may help you locate significant areas of deficiency in your overall trading plan. A PLAN WIT...
Micron Technologies Mega-Momentum Continues
ARTICLE SYNOPSIS ...As one of the strongest relative strength stocks versus the S&P 500, Micron Technologies remains on a tear....
FTEK Ready For Another Drop?
ARTICLE SYNOPSIS ...Down by 50% since October 2009, shares of FTEK have recently managed a feeble bounce higher. Is this stock bottoming out, or is this another chance at a low-risk short sale?...
Is R2K Cycle Low in Place - Or Not?
ARTICLE SYNOPSIS ...Cyclical analysis of the broad stock indexes can be a useful and rewarding endeavor for the astute technician. Here's a look at the current weekly price cycle pattern in the Russell 2000....
Trading System Logic: Considering The Power Of A Long-Term Trend
ARTICLE SYNOPSIS ...Even a garden-variety trading system can outperform, if you know how or when to deploy it in a strongly trending market. Here are a few ideas that might help improve the performance of the trading systems you use....
More Gains Possible With WYN?
ARTICLE SYNOPSIS ...Another long buy signal has just printed for Wyndham Worldwide. Does this stock have enough fuel left to make another rally high?...
Bucyrus Ready To Rise Again?
ARTICLE SYNOPSIS ...Some stocks just seem to keep going up, despite periodic corrective phases. Bucyrus International shares may be ready to rise again in the wake of a fresh RMO swing buy signal....
Fidelity Relative Strength Leader Falters
ARTICLE SYNOPSIS ...Fidelity Select Sector Gold still has the best all-around comparative relative strength rating among its peers, even though a significant Fidelity Select trend reversal is under way....
SLX Resting At Key Support
ARTICLE SYNOPSIS ...One of the strongest relative strength exchange traded funds over the past year has been the Market Vectors Steel Index ETF. It's stumbled lately, but it may be poised to retrace a portion of those recent losses....
Bounce Likely In The R2K: Fact Or Fib?
ARTICLE SYNOPSIS ...Now that the market's fear factor is back in force, skilled technicians can use Fibonacci time cycles and EMA support to locate low-risk countertrend trade setups....
Copper Approaches 200-Day EMA
ARTICLE SYNOPSIS ...No doubt, the copper futures market is in the midst of a substantial trend reversal, one that commenced four weeks ago. Might we get a tradable bounce higher in copper regardless?...
For Silver, A Keltner Warning
ARTICLE SYNOPSIS ...Imagine: less than eight years ago, you could have bought silver at less than $5 an ounce. These days, silver is not only priced six times higher, it may also be giving advance warning of an impending reversal -- this time on its monthly chart....
TNA Uptrend Close To Terminal Phase?
ARTICLE SYNOPSIS ...When a triple-leveraged exchange traded fund gives hints that a powerful trend may be about to stall, savvy traders begin to size up the situation more closely....
FSAGX Gold Stocks Do An About-Face
ARTICLE SYNOPSIS ...Having risen by more than 275% between October 2008 and December 2010, shares of the Fidelity Select Gold mutual fund now appear to be seeking firm support after such a powerful rise....
Radio Shack Possible Short Setup
ARTICLE SYNOPSIS ...Triple-bottom setups within the context of a major consolidation pattern may offer short-sale opportunities for patient traders....
Mylan. Inc. Triple-Top RMO Swing Buy Setup
ARTICLE SYNOPSIS ...Triple-top breakout buy patterns can be very powerful, especially when confirmed by other technical tools. Here's a possible triple-top buy setup in shares of Mylan. Inc....
Mighty Russell Near Resistance/Reversal Zone
ARTICLE SYNOPSIS ...Keltner bands are a great trading tool, and when used with other technical indicators, they can help you better anticipate likely reversal and support/resistance zones....
Is Harman International Ready For A Pause?
ARTICLE SYNOPSIS ...Stocks with high relative strength attract a lot of attention, helping drive prices even higher -- until the remaining buying power begins to diminish....
Silver Trend Reversal Likely
ARTICLE SYNOPSIS ...Silver staged a stupendous rally between August 24 and December 7, 2010, rising nearly 67% during that time. Now, however, a pair of reliable technical tools suggest that the silver market may be heading into a corrective mode....
Newpark Resources Retest Of Plunge Low Likely
ARTICLE SYNOPSIS ...When a former high-flying stock crashes and burns, the probabilities lean toward further selling pressure after a minor bounce toward resistance....
Priceline.com Weakening Long-Term Money Flow
ARTICLE SYNOPSIS ...If a stock is destined to keep on rising, the long-term money flow trend also needs to be in agreement if the move is to carry significantly higher. In the case of Priceline.com, the money flow trend is signaling that a corrective move is overdue....
CME Group Shares And Strong Momentum
ARTICLE SYNOPSIS ...The year-end rally appears to be in high gear, with multisector breakouts occurring all over the place. Here's a look at a potentially low-risk long swing trade setup in a major financial industry issue....
Profiting From the Gap With Overnight Trading
ARTICLE SYNOPSIS ...Do you hate entering a new trading position first thing in the morning, especially after the market has already staged a big rally in the overnight session? Why not investigate ways to trade both the day and night session automatically or on an "as-needed" basis?...
Is R2K Closing Out 2010 At Yearly High?
ARTICLE SYNOPSIS ...The Russell 2000 is less than 20 points shy of exceeding the April 2010 high of 745.95. Does this key small-cap index have enough fuel left to close out 2010 at its highest price of the year?...
Gold Hiccup or Reversal? by Donald W. Pendergast Jr.
US Dollar Index Still Looking Bullish
ARTICLE SYNOPSIS ...The US Dollar Index is at a key juncture, and technicians, traders, and investors are all eager to determine the next likely move of this critical instrument....
COT Stats For Gold Suggest Caution Is Warranted
ARTICLE SYNOPSIS ...After a nearly 10-year bull run, does gold have enough steam left to make yet another nominal high?...
Hecla Mining Posts Ominous Monthly Sell Signal
ARTICLE SYNOPSIS ...The RMO trading system has just flashed a monthly swing sell signal for Hecla Mining. Is this a portent of another selloff across the entire precious metals complex?...
Combining Guppy Averages With A Winning Trading System
ARTICLE SYNOPSIS ...Filtering your trading system's output with Guppy moving averages can help keep you on the right side of most major market moves....
Gold And Silver Stocks Outperforming Metals ETFs
ARTICLE SYNOPSIS ...Gold prices are about 28% higher than they were one year ago, but even that rise pales in comparison with the gains made by many precious metal mining stocks....
Can The US Dollar Rally Last?
ARTICLE SYNOPSIS ...The US dollar tends to trend reliably across time frames, but is this new daily chart rally just a minor retracement of an emerging downtrend or is the bull run that began in December 2009 starting to reassert itself?...
With Rubicon Minerals, More Gains Possible
ARTICLE SYNOPSIS ...It can be intimidating to buy a stock that's already made a major run higher, but sometimes it's worth the discomfort....
ENDP Prior Resistance May Become Support Area
ARTICLE SYNOPSIS ...When a strong relative strength stock makes a new high after a break in major resistance, savvy traders plan ahead for a possible long reentry point....
TAO, China Real Estate ETF, Powers Higher
ARTICLE SYNOPSIS ...TAO, the exchange traded fund that tracks the performance of real-estate sector equities in China, continues to perform well....
Russell 2000 Ready To Rise?
ARTICLE SYNOPSIS ...Daily and intraday charts both suggest that the line of least resistance for the premier small-cap index is toward higher prices....
SanDisk Bullish Wedge Beckons
ARTICLE SYNOPSIS ...A bullish wedge formation can sometimes provide a solid foundation for a long trade setup. How good is the current pattern in SanDisk's daily chart?...
A Bristol-Myers Squibb New RMO Buy Signal
ARTICLE SYNOPSIS ...A new RMO swing buy signal in Bristol-Myers stock has occurred in the wake of an important test of key support....
With Russell 2000, Fibonacci Time Zone Nails Turn
ARTICLE SYNOPSIS ...Just like the circus, the stock market features a "big top." Here's a look at the next likely stopping places for the Russell 2000 index as this reversal unfolds....
GILD Weak Relative Strength
ARTICLE SYNOPSIS ...Was today the top in the S&P 500? Who knows, but here's a look at one of the weaker large cap issues that looks ripe for further declines....
S&P 500 Near Key Keltner Resistance
ARTICLE SYNOPSIS ...The rally continues, with bullish sentiment spilling over market participants who are only too happy to be making back some of 2007–08's bear market losses. But is this party nearly over?...
S&P 500 Topping?
ARTICLE SYNOPSIS ...Is this the major turn in the broad US markets that many technicians have been forecasting? Let's consider some of the evidence supporting a reversal lower in the Standard & Poor's 500....
Southwestern Energy Low-Risk Short Setup?
ARTICLE SYNOPSIS ...Southwestern Energy shares are falling, and the stock has even issued a new RMO swing sell signal to boot. Here's a look at a simple option strategy designed to take advantage of this stock's current downdraft....
RMO Trading System Signals Market Turn
ARTICLE SYNOPSIS ...The RMO swing-trading system has issued an unusually large number of sell signals in a wide range of S&P 500 component stocks....
Jabil Circuit Possible Short Setup
ARTICLE SYNOPSIS ...The RMO swing trade system has just issued new sell signals for 18 of the S&P 500 component stocks. Using relative strength analysis, we'll locate the weakest of these potential short sale candidates....
In Sector Funds, Transportation Is Hot, Energy Not
ARTICLE SYNOPSIS ...With the broad US markets likely getting close to an interim (maybe even major) cycle top, here's a look at the strongest and weakest funds in the Fidelity Select Sector mutual funds complex....
Does The Cycle High Approach For the Russell 2000?
ARTICLE SYNOPSIS ...The Russell 2000 stock index is up by more than 110% since March 2009. Is this jig up?...
Trading Realities: This Ain't No Game
ARTICLE SYNOPSIS ...The failure rate for inexperienced traders is thought to be greater than 90%. Here's how to sidestep some of the common mistakes that can devastate both a trader's confidence and account equity....
AMZN Channel Breakout System
ARTICLE SYNOPSIS ...Channel breakout systems have been around for at least five decades, and for good reason: they still work in today's markets. Here's a brief look at an 11-plus year backtest of such a system with Amazon.com shares....
Aussie Dollar Breakout
ARTICLE SYNOPSIS ...The Australian dollar is starting to move higher again, breaking out of a small recent trading range. But can it muster enough strength to finally clear the larger consolidation pattern it's been stuck in since October 2009?...
NEM In Tune With Reversed MACD System
ARTICLE SYNOPSIS ...The reversed MACD trading system provides profitable results on most stocks, with its three-year performance record with Newmont Mining of particular interest....
Wave Of RMO Buy Signals In Gold And Silver Miners
ARTICLE SYNOPSIS ...When 10 of the biggest stocks in the precious metals mining industry group flash simultaneous RMO swing buy signals, there's good reason to expect significant follow-through....
KLA-Tencor Short-Term Mechanical Buy Signal
ARTICLE SYNOPSIS ...The entire technology sector has been near the top of the list in terms of relative strength for some time now. Here's a short-term swing trade buy signal for one of the biggest names in the semiconductor fabrication business....
Deere Offers Low-Risk Credit Spread
ARTICLE SYNOPSIS ...The old saying says, "Take care of the pennies and the dollars will take care of themselves." Here's a near-term option credit spread that might make sense, allowing option traders to turn those pennies into dollars....
More Flowserve Downside Likely
ARTICLE SYNOPSIS ...With the broad stock indexes having confirmed a significant medium-term top and heading lower, now is a good time to scan for stocks that are breaking lower. Here's a possible short play on an S&P 500 component....
Russell 2000 Weekly Cycle Target Hit
ARTICLE SYNOPSIS ...Market predictions are risky business, but when sound logic, based on repetitive patterns, is used to make a price target calculation, the results can be surprising....
Chinese Infrastructure Buildout Continues
ARTICLE SYNOPSIS ...Periodically ranking a diverse group of global exchange traded funds can help improve your investing/trading performance, even as it helps you pinpoint those nations/regions that may show promise for long-term economic growth....
With CISG, Sell A Call, Ensure A Trade?
ARTICLE SYNOPSIS ...CNinsure, Inc., a growing force in China's property/casualty and life insurance industry group, has been performing well in recent months. Savvy traders may be able to squeeze even more profits, now that the stock has cleared a recent weekly swing high....
More Gains Possible For China Automotive Systems?
ARTICLE SYNOPSIS ...Up about 360% since making a bear market low last November, China Automotive Systems has been racking up impressive gains, despite noticeable volatility at times. Does this stock have what it takes to move even higher?...
Russell 2000 Nearing Critical Inflection Point
ARTICLE SYNOPSIS ...Up nearly 80% in six months, the Russell 2000 index may be ready to take a break, possibly correcting, some time within the next one to three weeks....
Gold Prepares For Assault On March 2008 Highs
ARTICLE SYNOPSIS ...It's taken a full 19 months, but gold appears to be on the verge of exceeding the all-time highs made in March 2008....
Hartford Financial Services Enjoys Steady Upward Momentum
ARTICLE SYNOPSIS ...One of the highest relative strength component stocks in the S&P 500, Hartford Financial Services appears to be offering a high-yield, low-risk covered call opportunity....
Is Sara Lee A Piece Of Cake?
ARTICLE SYNOPSIS ...The best trade setups often appear with little warning or fanfare; Sara Lee shares may be offering a nice low-risk long setup right now....
Silver Monthly Uptrend Going Higher
ARTICLE SYNOPSIS ...Silver makes much more powerful moves than gold, both higher and lower. Let's investigate the current state of the monthly silver chart to see if its current uptrend can carry higher from here....
Coeur d'Alene Breaking Higher
ARTICLE SYNOPSIS ...After dropping below $4 per share on November 21, 2008, Coeur d'Alene common shares have staged a remarkable comeback....
Is Timing A Perfect Entry Really A Missed Opportunity?
ARTICLE SYNOPSIS ...Have you ever missed a great winning trade, simply because you were waiting for the perfect entry price? If not, learn from my mistake and save yourself some traders remorse....
CRR Has Strong Volume On Channel Breakout
ARTICLE SYNOPSIS ...When a fundamentally sound stock makes a major breakout on heavy volume, it usually pays to take a closer look....
General Dynamics Bullish On Three Fronts
ARTICLE SYNOPSIS ...When the same trading system issues simultaneous buy signals on the same stock in three separate time frames, something big may be about to happen....
CRY Daily Breakout Within A Major Monthly Trend
ARTICLE SYNOPSIS ...A price channel breakout isn't all than uncommon, but when one occurs in the midst of an ongoing, major monthly based cyclical move, it deserves a close look....
FCG's Simple Covered Call Play
ARTICLE SYNOPSIS ...Sometimes, traders are blessed with a major trend-following move. At other times, they need to settle for slow but steady gains, as the outcome of this trade demonstrates....
WIRE Weekly Cup And Handle
ARTICLE SYNOPSIS ...Encore Wire Corp. common shares appear to have formed a weekly cup & handle pattern. Is this a setup worth a further examination?...
Roller-Coaster Thrills With Triple-Leveraged Small-Cap ETFs
ARTICLE SYNOPSIS ...If you can handle the volatility, consider taking the Direxion Small Cap Bull 3x Shares ETF for a ride through the small-cap markets....
Keeping Track Of Short-Term Momentum
ARTICLE SYNOPSIS ...As the broad markets begin to pause and/or correct, it may be beneficial to discern which industry groups are beginning to accelerate to the downside....
A Trading System To Build On
ARTICLE SYNOPSIS ...There is no holy grail trading system, but there are real-world mechanical methods that can make decent money over time. Here's a look at one system that shows a great deal of promise....
The R2K Finally Tips Its Hand
ARTICLE SYNOPSIS ...The long-awaited intermediate top in the broad US markets may finally be in place, with a weekly cycle low due in about a month....
EMA Ratio Extremes Reversal Warnings
ARTICLE SYNOPSIS ...Sometimes, you stumble across a technical analysis technique that almost seems too good to be true. Here's a look at a simple (but true) technique that savvy traders may be able to use to their advantage....
Verisign Breaks Higher From Consolidation
ARTICLE SYNOPSIS ...Verisign, a name familiar to all NASDAQ 100 traders, is on the move again, this time breaking sharply higher from a five-week old consolidation pattern....
Convincing Break Higher With USO
ARTICLE SYNOPSIS ...It's been a long, slow grind higher for USO, but the recent weekly breakout looks to be very convincing....
Vulcan Materials Break Higher After Support Test
ARTICLE SYNOPSIS ...The basic materials sector has rebounded strongly since March 2009. Here's a key player from that sector that just signaled a fresh buying opportunity for daily traders....
With DE, Daily Buy Signal Within Large Weekly Wedge
ARTICLE SYNOPSIS ...Deere & Co. has just flashed a short-term buy signal, even as a major wedge pattern appears to be close to resolution....
Trading System Basics, Following Momentum
ARTICLE SYNOPSIS ...Generally speaking, the most reliable, profitable, and long-lasting trading systems are built around one or two proven concepts. Follow along as we seek to create a winning system, using ordinary trading indicators that are combined in an especially effective way....
Gold Equities Power To The Forefront
ARTICLE SYNOPSIS ...An update of the Fidelity Select Sector funds reveals a significant changing of the guard. Gold equities are now the top dog, with other stocks from the materials and natural resources groups also vying for the top rankings....
Samex Mining Corp. Penny Stock Breakout
ARTICLE SYNOPSIS ...Trading penny stocks is guaranteed to provide a thrill a minute, whether the trade turns into a winner or a loser. Here's a low-priced stock that may be in the first stages of a move toward dollar territory....
Fibonacci, Trendlines, Divergences — Recipe For Reversal
ARTICLE SYNOPSIS ...Not every intraday trade setup works out this well, but the technical dynamics leading up to it are worth a second look....
Russell 2000 Cycles And Supports
ARTICLE SYNOPSIS ...Since peaking late last month, the Russell 2000 index has been moving progressively lower toward an anticipated daily cycle low....
Silver Strangle Play Both Sides Of The Market
ARTICLE SYNOPSIS ...Not sure which way silver will move in the next few months? Not to worry, there's a way to play such indecision by selling options....
With RMO Sell Signals, Current Selloff To Continue
ARTICLE SYNOPSIS ...With 17% of the S&P 500 component stocks flashing new RMO swing sell signals, there can be little doubt that the broad US markets have put in a significant weekly high....
For Lubrizol, Time To Take A Break?
ARTICLE SYNOPSIS ...Picking tops and bottoms in the market can be a very dangerous prospect, but sometimes there are tell-tale indications about a warning of a trend reversal well in advance of the actual event....
SCM.V Ready To Break From Bull Flag?
ARTICLE SYNOPSIS ...Penny stocks are among the most volatile of all, but for the patient and wise, substantial gains are possible. Here's a fascinating setup in a Canadian precious metals stock....
Vantage Drilling: A Stock In Search Of A Breakout
ARTICLE SYNOPSIS ...Low-priced stocks (those trading below $5 per share) can be difficult to trade, due to poor liquidity and low institutional sponsorship. However, once in a while an outstanding trade setup takes shape in one of these, one worthy of a long-term investor's consideration....
Gold Approaches Key Resistance
ARTICLE SYNOPSIS ...Market technicians use a variety of leading and lagging indicators to ascertain the technical state of any given stock or commodity. Right now, two reliable leading indicators are suggesting that $1,200 may prove to be a formidable resistance level for gold....
UNG Major Daily Divergences
ARTICLE SYNOPSIS ...A significant daily divergence/double bottom pattern may finally be in place for natural gas....
Go With Gold Or Gold Stocks?
ARTICLE SYNOPSIS ...Sometimes gold outperforms gold mining stocks and sometimes it's the other way around. What might be the next moves in these different venues of the precious metals markets?...
Monster Reversal From Major Support
ARTICLE SYNOPSIS ...Do the broad US markets still have enough get-up-and-go to recover from the recent round of losses? Perhaps. Here's an encouraging breakout/momentum play in an up-and-coming S&P 500 component stock that's on the move....
In Daytrading, Cashing In When Momentum Stalls
ARTICLE SYNOPSIS ...Looking for a simple way to daytrade your favorite stock or ETF? Here's one trader's basic method, one that yields consistently good results....
Commodity-Linked ETFs Still Outperforming Broad Market
ARTICLE SYNOPSIS ...Compared to most other stock industry groups, commodity-linked ETFs are still standing tall. Are good trading opportunities still available here?...
March Crude Oil - A Pause Or A Top?
ARTICLE SYNOPSIS ...Sometimes a chart pattern can be interpreted a number of ways. Knowing how to see the big picture can help make the job easier....
Eldorado Gold At All-Time High
ARTICLE SYNOPSIS ...When a stock in a hot industry group makes an all-time high, should you jump on the momentum bandwagon and take your chances, or should you take a different route, one that stacks the probabilities of a winning trade in your favor?...
Fluor Death Cross
ARTICLE SYNOPSIS ...A death cross isn't a trading signal per se, but it is a reliable warning sign that usually indicates a period of sustained price weakness in any given security....
TNA Resistance Zone Invites Call Sales
ARTICLE SYNOPSIS ...Now that the anticipated B wave higher has drawn new buyers into the broad market fray, selling out-of-the-money calls might be just the ticket....
Gold/Silver Ratio Near Equilibrium
ARTICLE SYNOPSIS ...The widely followed gold/silver ratio is near its 12-year historical average of 60:1. This is a long way from the 200-year historical average of 30:1, and the weekly chart of this important commodity ratio may hold some clues regarding the next moves for these two metals....
Puttin' On The Ritz With Kohl's
ARTICLE SYNOPSIS ...With a fundamentally strong stock at a support level, signs of a bullish reversal may mean it's a good time to sell a put....
For TNA, A Short Put Play
ARTICLE SYNOPSIS ...When fear gets factored into market prices, option premiums become expensive. Learn to use this dynamic to your advantage....
Intraday Pennant Breakout For TNA
ARTICLE SYNOPSIS ...Trading triangle/pennant breakouts that occur in the wake of successful support/resistance tests can be a pathway to consistent trading profits....
Amphenol's Short-Term Buy Signal
ARTICLE SYNOPSIS ...With the broad markets likely to stage a modest bounce in the next few sessions, low-risk momentum plays can be a wise choice....
Head & Shoulders Top For FSAVX?
ARTICLE SYNOPSIS ...With the broad market indexes falling so quickly, it helps to have a scorecard to keep up with the various rates of descent in the weakest industry groups. Some big changes appear to be in the offing....
Working Money: Crash Course For Novice Traders by Donald Pendergast
Weak Money Flow In SIVB Creates Potential Short Setup
ARTICLE SYNOPSIS ...As the regional banks industry group continues to weaken, at least one of its component stocks is on the verge of offering an attractive short sale setup....
With Wilder's ParaSar System, Simpler Is Better
ARTICLE SYNOPSIS ...Looking for a trading methodology that takes away much of the stress of pulling the trigger? J. Welles Wilder's unique ParaSar system might be just what you're looking for....
First Energy Near Back Of Relative Strength Pack
ARTICLE SYNOPSIS ...No matter if a reversal in the S&P 500 was a fluke. Tracking the weakest stocks in this index may alert you to potential shorting opportunities....
Monthly Price Cycles Show Bullish Signs Of Life
ARTICLE SYNOPSIS ...Many industry groups are manifesting rising monthly price cycles, implying that more gains may be seen after a period of further correction and/or consolidation in the US markets....
SPX Slowing Momentum And Potential Trend Reversal
ARTICLE SYNOPSIS ...All trends eventually slow down, then consolidate and/or reverse direction; right now, the Standard & Poor's 500 appears to be on the verge of such a trend reversal....
A Look At Relative Strength In The ETF World
ARTICLE SYNOPSIS ...Keeping tabs on which industry groups and sectors are hot -- and those that are not -- is a sound way to build a solid foundation for your trading and investing decisions....
Solid Earnings Growth Driving Gold Miners Higher
ARTICLE SYNOPSIS ...Solid earnings growth and a rising weekly price cycle implies further gains for this group of 11 gold mining stocks....
Harmony Gold Mining's Major Quarterly Cycle Low
ARTICLE SYNOPSIS ...Cycle analysis can sometimes help time a successful stock trade; a potential quarterly cycle low in Harmony Gold Mining appears to offer traders a buying opportunity....
Ruby Tuesdays Rising On Positive Earnings Estimates
ARTICLE SYNOPSIS ...Ruby Tuesday's common stock has been on a near-vertical rampage for the last two months, but why? Is the stock ready for a rest, or is there more upside in store?...
For CECE, The 200-Day EMA Assaults Keep Coming
ARTICLE SYNOPSIS ...All across the broad US markets, a variety of stocks are making bullish moves toward their 200-day exponential moving averages. Here's a look at an interesting trade setup in a fast-rising small-cap in the pollution control industry group....
Silver Wheaton Breaks Above 200-Day EMA
ARTICLE SYNOPSIS ...The precious metals sector has been holding its own lately; one of the key stocks to watch here is Silver Wheaton, which has just completed a very convincing bullish breakout....
Stillwater Mining Major Resistance Challenge Approaches
ARTICLE SYNOPSIS ...Stillwater Mining, the only platinum/palladium miner in the US, appears to have caught a major bid as it attempts to finally overcome a major zone of resistance that has repeatedly turned back prior advances....
ABT Anticipating A Move Higher After Support Test
ARTICLE SYNOPSIS ...Unlike most stocks, Abbott Labs only recently made its major low. Is this stock staging a turnaround, or is this latest rally a fakeout?...
Is Bullish Breakout Brewing For TAP?
ARTICLE SYNOPSIS ...Molson Coors Brewing may be pausing before attempting another leg higher....
Teradata's Bullish Flag Pattern
ARTICLE SYNOPSIS ...Teradata shares have had a nice six-week run, and its nearly perfect bullish flag pattern may be signaling even higher prices to come....
GDX And Its Adventures In Daytrading
ARTICLE SYNOPSIS ...Daytrading can be a very profitable occupation, but some mental and tactical adjustments are necessary for those used to the slower pace of daily or weekly based trading....
SLV Bullish On Both Daily And Weekly Charts
ARTICLE SYNOPSIS ...It's been a wild ride for the silver market since 2003, but the charts now appear to point toward the possibility of further gains this year....
Broad US Markets On Track For Further Gains
ARTICLE SYNOPSIS ...Today's action in the broad US market indexes should leave little doubt that they've all embarked on a meaningful bear market rally....
The Gold Bugs Index And The Bullish Weekly Setup
ARTICLE SYNOPSIS ...After jumping more than 100% since making the major October 2008 low, the Gold Bugs Index has spent several months in a bullish consolidation pattern....
Amazon.com: A Pause Before Moving Even Higher?
ARTICLE SYNOPSIS ...The Internet retail industry group has high relative strength versus the S&P 500, and Amazon.com is among the strongest within the group....
JAVA Shares Jump On IBM's $6.5 Billion Offer
ARTICLE SYNOPSIS ...Sun Microsystems stock rose 79% on word that IBM had offered $6.5 billion in cash to acquire the Silicon Valley tech giant....
MAS Has Weak Relative Strength
ARTICLE SYNOPSIS ...The S&P building products group has the worst 13-week relative strength vs, the S&P 500. Here's a look at one of the weaker stocks in this group....
Capitulation Confirmed With Massive Wave Of S&P 500 Component Buy Signals
ARTICLE SYNOPSIS ...The bear market reversal in the S&P 500 appears to have some staying power. More than 40% of this index's component stocks flashed a buy signal over the past two sessions....
Wireless Telecom Industry Group Strong In 13-Week Relative Strength
ARTICLE SYNOPSIS ...The wireless telecom industry group is currently #1 in 13-week relative strength versus the Standard & Poor's 500. Is it too late to buy now, or to add on to an existing long position?...
A Reversed MACD Long Entry Signal For ORLY
ARTICLE SYNOPSIS ...One of the better-performing NASDAQ 100 stocks during the 2007-09 bear market, a specific mechanical trading system has fired a long entry signal on O'Reilly Automotive....
Measuring Market Sentiment Using Breakout Ratios
ARTICLE SYNOPSIS ...Here's a unique way to measure the bullish/bearish bias of the individual stocks that make up any given index or industry group....
Money Flows Improving For Natural Gas
ARTICLE SYNOPSIS ...When will natural gas finally find a solid floor? Money flow analysis may offer some clues....
Measuring Your Trading Temperament
ARTICLE SYNOPSIS ...A well-tested trading system can help make the decision making process less stressful, but every trader needs to determine his or her tolerance for risk and drawdown before committing to a mechanical trading process....
A Major Low Soon For Altria And The .NYA?
ARTICLE SYNOPSIS ...Is the broad US market in a free fall, or are there some indications that a major low may be approaching?...
More Downside Likely For Home Depot
ARTICLE SYNOPSIS ...Home Depot, a well-known Dow Jones 30 component, appears to have some more downside potential....
Trade System Evaluation by Donald W. Pendergast Jr.
ARTICLE SYNOPSIS ...Trade System Evaluation by Donald W. Pendergast Jr. Here we evaluate a simple trading system that will enable you to simulate the results of realistic trading with a portfolio of stocks. Evaluating your trading system performance before you put real money on the line is essential to your profitability. In this article, we'll evaluate a simple momentum-based system using TradeSim Enterprise, a Monte Carlo simulation/ backtesting program that enables a trader to simulate the results of realistic trading with a portfolio of stocks. Then we'll dig a little deeper, learning how to best interpret ...
S&P 500 Descending Toward Major Cycle Low
ARTICLE SYNOPSIS ...The weekly cycle in the major US stock indexes are all heading lower for now, but expect a major reversal once the swing lows are established, probably within the next three to six weeks....
Do Weak Sector Funds Have A Head Start On The Summer Selloff?
ARTICLE SYNOPSIS ...As the broad US markets prepare for a summer corrective move, traders shorting the stocks from the weakest industry groups might have a distinct market edge....
A Month Till A Major Turn For Russell 2000?
ARTICLE SYNOPSIS ...Despite bullish monthly and quarterly price cycles in the Russell 2000 index, the weekly cycles are beginning to exert a minor corrective influence....
Silver Miners Approach 200-Day EMA
ARTICLE SYNOPSIS ...Similar to the gold mining industry group, the silver miners are also approaching a key technical and cyclical area....
GDX Approaching Key Support
ARTICLE SYNOPSIS ...Gold mining stocks have pulled back recently, but now they may be setting up for a short-term reaction move higher....
Is The Amazon.com Cyclical Turn At Hand?
ARTICLE SYNOPSIS ...Despite today's selloff in the broad US markets, Amazon shares managed to produce a potentially significant, bullish reversal bar....
Nat Gas Triangle May Favor Bulls
ARTICLE SYNOPSIS ...Triangles and pennant formations are fairly common, but when they appear as part of a long-term bottoming process, commodity bulls tend to pay attention....
In The US Dollar ETF, When UUP Means Down
ARTICLE SYNOPSIS ...The inverse relationship between the Australian dollar and the US dollar comes to life as the chart tells the tale of two currencies....
Broad Markets Preparing For Another Push Higher?
ARTICLE SYNOPSIS ...The broad markets have been unpredictable of late, but the weekly charts seem to imply that the bias is toward further gains....
SHLD's Strong Daily Momentum
ARTICLE SYNOPSIS ...The retail industry stocks have been very strong lately; here's a look at one of the stronger stocks from this group....
Goodyear Issues New ParaSar Buy Signal
ARTICLE SYNOPSIS ...With the broad US markets remaining strong, it might be wise to buy only the strongest relative strength stocks, like Goodyear Tire and Rubber....
URRE Big-Volume Break Above 200-Day EMA
ARTICLE SYNOPSIS ...Once one of the uranium mining industry's high-flying stocks, Uranium Resources may be staging a convincing turnaround....
Reversed MACD Trading System Issues New Signals
ARTICLE SYNOPSIS ...For those comfortable with trading mechanical systems, the reversed MACD system has just issued four new buy signals....
Tupperware Snaps Higher On Breakout Move
ARTICLE SYNOPSIS ...Tupperware may not be involved in the most glamorous of businesses, but apparently many traders and investors see the stock as a great place to put their trading capital....
Broad US Markets Break Higher From Consolidation
ARTICLE SYNOPSIS ...After a month of sideways price action, the broad US stock indexes have finally tipped their hand, breaking higher on big volume and wide ranges....
Commodity-Linked ETF Index Suggests Consumer Inflation
ARTICLE SYNOPSIS ...After enduring a drop of 68% over the past year, this custom index of four commodity-linked ETFs has staged a strong reversal, suggesting that more consumer price inflation may be on the horizon....
OIS Possible Long Pullback Entry
ARTICLE SYNOPSIS ...Oil States International shares are fast approaching their major uptrend line, signaling a short-term buying opportunity. Will the long-term trend remain intact, or is this the start of a major round of selling?...
Is JDA Software An Interesting Gap Retracement Play?
ARTICLE SYNOPSIS ...Having recently gapped higher, JDA Software also boasts excellent relative strength versus the broad market....
Saucer Bottoms And Trend Reversals
ARTICLE SYNOPSIS ...Traders can learn to profit from major trend reversals by employing visual analysis techniques along with a few simple technical tools....
HighProbability Daytrading
ARTICLE SYNOPSIS ...Daytrading can be fun and profitable, if you get to know the characteristics of the markets you desire to trade on an intraday basis....
Silver Weekly Chart's Uptrend Intact
ARTICLE SYNOPSIS ...Silver is back on track, offering swing traders a potentially low-risk buy setup....
Fidelity Automotive And Technology Funds Leading The Pack
ARTICLE SYNOPSIS ...Now that the broad US markets have made a convincing upward reversal, traders need to focus on the strongest-performing groups and sectors....
More Cyclical Evidence S&P 500 To Reverse Higher
ARTICLE SYNOPSIS ...The S&P 500 is due to make a 20-week cycle low near the end of this month; this is further supported by the current action of the 20-day cycle, also anticipated to bottom near the end of the month....
Southern Copper Nearing Major Weekly Cycle Low
ARTICLE SYNOPSIS ...Southern Copper, one of the big winners during the basic materials sector bull run (2001-07), now appears to be on track to complete an anticipated 20-week cycle low, with bullish implications for daily based swing traders....
Commodity-Linked ETFs Nearing Chart Pattern Completion
ARTICLE SYNOPSIS ...An equal-weight ETF index composed of agricultural commodities, gold miners, oil/gas producers, and steel makers is very close to a major support test of a large daily based head & shoulders pattern....
USO Consolidating Prior To A Pullback
ARTICLE SYNOPSIS ...USO rallied sharply after breaking higher from a bottom reversal pennant formation in mid-February 2009. Is the current price action signaling the start of a corrective phase in crude oil?...
Will GDX Summer Slump Give Way To Autumn Rally?
ARTICLE SYNOPSIS ...Most gold bugs already know that gold mining stocks tend to rally for an extended period during the latter part of the year. But what about this year?...
Does SanDisk Have Higher Prices In Store?
ARTICLE SYNOPSIS ...Boasting a high relative strength versus the broad market indexes, SanDisk (SNDK) also features favorable technicals....
Is Sunoco Poised To Move Higher?
ARTICLE SYNOPSIS ...Sunoco currently has one of the highest relative strength ratings versus the S&P 500. Can this energy stock move even higher?...
Copper Fundamentals, Technicals, And An Option Play
ARTICLE SYNOPSIS ...The copper market was hit especially hard during the massive commodity slide of 2008, but now that the dust has settled, some signs of life remain....
Iamgold High Relative Strength vs. Broad Market
ARTICLE SYNOPSIS ...The broad markets may look a little shaky right now, but the gold/silver industry group is still chugging higher. Here's a look at one of the better performers in the precious metals complex....
HAL Breaking Higher After Test Of Support
ARTICLE SYNOPSIS ...Building upon a steadily rising period of accumulation, Halliburton appears ready to move higher after a favorable test of support....
Gartley 222 Pattern Taking Shape For Ford
ARTICLE SYNOPSIS ...After staging a powerful rally from its bear market lows, shares of Ford Motor Co. (F) have been correcting on declining volume. A distinctly bullish price pattern is now evident on the chart, one worth a second look....
Are Reversals Under Way For Crude Oil and Natural Gas?
ARTICLE SYNOPSIS ...Is this it? Is this the major low for 2009 for the energy market bear?...
Consol Energy Intraday Play Based On A Daily Swing Setup
ARTICLE SYNOPSIS ...In the wake of Consol Energy's 84% plunge, the stock of one of the US's largest coal miners is setting up for a low-risk intraday move....
Channel Breakouts In Kinross Gold Corp.
ARTICLE SYNOPSIS ...Now that the projected cost of the "New Deal, Part II" is rising by the day, some analysts expect the entire precious metals (PM) complex to soar. Here's a potential channel breakout setup in Kinross Gold Corp....
Two Ways To Play Hecla Mining
ARTICLE SYNOPSIS ...After forming a solid-looking nine-week base, Hecla Mining may be forming a cycle low, one that short-term traders may wish to investigate....
LCC Stock Under Steady Accumulation
ARTICLE SYNOPSIS ...Still down more than 86% from its November 2006 high, US Airways stock now appears to be under accumulation by the smart money....
Signs Of A Reversal In UNG?
ARTICLE SYNOPSIS ...It's 40 below in some parts of the US, but natural gas prices haven't seemed to notice — until now....
A Cycle Peak And An Intraday Setup
ARTICLE SYNOPSIS ...After rising more than 105% since the October 2008 lows, USEC may now be offering an intraday short setup....
Bullish Divergences, Daily Swing Trading Opportunity For USO
ARTICLE SYNOPSIS ...Has crude oil finally bottomed? The technical and fundamental evidence says "Definitely maybe." Bottom or not, here's a low-risk swing trading setup in USO....
Playing The Commodities Rebound With Options
ARTICLE SYNOPSIS ...Potash Corp. of Saskatchewan's dramatic decline appears to be over. Here's an interesting option play on this agriculture sector giant....
Silver Standard Resources Has Short-Term Setup Based On Long-Term Cycle
ARTICLE SYNOPSIS ...Gold and silver stocks have rebounded strongly since making a major low in October 2008. Here's a look at a fundamentally intriguing stock that's currently offering a fairly low-risk trade setup....
NY Composite Technicals, Breadth Still Positive For 2009 Rally
ARTICLE SYNOPSIS ...Having gained as much as 29% since making a major low in November 2008, the New York Composite Index now resides near its 50-day exponential moving average. Is another downleg due, or is this just a pause before running even higher?...
Bristow Group Has Highest RS In Oil Services Industry Group
ARTICLE SYNOPSIS ...The energy sector has roared back to life over the past two weeks. Here's a look at one of the strongest equity performers from the oil services group....
Ford To Motor Higher?
ARTICLE SYNOPSIS ...Despite the numerous economic uncertainties surrounding the US auto industry, Ford stock appears to be on track to go higher....
A Simple Pattern Forecasts A Reversal
ARTICLE SYNOPSIS ...Learn how a simple, yet effective price pattern can help you forecast likely turning points in the markets you follow....
Gold/Crude Ratio Reversal
ARTICLE SYNOPSIS ...After a parabolic rise, the gold/crude oil ratio appears to be moderating....
Fidelity Sector Funds Leaders And Laggards
ARTICLE SYNOPSIS ...Comparing the track records of the Fidelity Select Sector funds on a short-, intermediate-, and long-term basis may help identify industry group rotations....
FCX Vertical Credit Spread Op
ARTICLE SYNOPSIS ...After staging a recovery rally, FCX appears to have stalled and begun to roll over. Here's a possible option credit spread designed to take advantage of this stock's current weakness....
Gold Breaking Out From Weekly Flag
ARTICLE SYNOPSIS ...Gold's corrective move may finally be over, and a bullish breakout from its weekly flag pattern may imply substantially higher prices....
Cigna's High Relative Strength
ARTICLE SYNOPSIS ...Cigna Corp. has one of the highest 13-week relative strength rankings versus the Standard & Poor's 500. Is there an opportunity here for traders or investors?...
Crude Oil Triple Bottom Close To Completion?
ARTICLE SYNOPSIS ...Can it be? Is the developing triple-bottom pattern on the crude oil daily chart for real? If so, how far might crude prices rise?...
Stillwater Mining Still Looking Strong
ARTICLE SYNOPSIS ...Stillwater Mining, despite having been pummeled in the great selloff of 2008, is manifesting positive money flow and trend characteristics....
TLT Short Sale Alert
ARTICLE SYNOPSIS ...Some market analysts feel that the top of the bond market is already in. But after having declined so rapidly, is there another opportunity to short TLT, the long-term bond exchange traded fund?...
KO Accumulation, Triple Bottom, And Breakout
ARTICLE SYNOPSIS ...After a four-month period of sideways to down price action, rising money flows in the midst of a triple-bottom pattern have resulted in a convincing bullish breakout for Coca-Cola, the king of colas....
Cardero Makes A Major Breakout
ARTICLE SYNOPSIS ...Cardero Resource Corp., based in Vancouver, BC, may be a relatively small iron ore/precious metals and exploration firm, but its stock has just made a major-league, bullish breakout....
Double Bottom Or Breakdown Ahead for NYA?
ARTICLE SYNOPSIS ...The New York Composite Index still has a number of bearish technicals holding it back, but a few rays of hope are shining through....
All Systems Are Go For VLO
ARTICLE SYNOPSIS ...Stocks in the refining industry group have taken a hit since making their major highs in mid-2007. Signs of life remain, however, and Valero Energy Corp. appears to be preparing for a move higher....
Two Pathways To Potential Profits For PWE
ARTICLE SYNOPSIS ...Canadian energy trusts took a tumble in the wake of the Canadian government's Halloween Surprise announcement in October 2006 regarding the tax treatment of these high-yielding securities. Here's a look at one energy trust that is currently setting up for a buy signal....
ExxonMobil Ready To Break Higher
ARTICLE SYNOPSIS ...After two months of choppy consolidation, ExxonMobil has a number of bullish technical measurements in agreement....
CM Has Short Swing Setup
ARTICLE SYNOPSIS ...Financial sector stocks are still weak, and here's a look at one that looks ready to fall further....
PCU = Low Risk?
ARTICLE SYNOPSIS ...Copper appears to be under heavy accumulation by the major commercial segment of the futures market. Here's a low-risk option play on one of the better long-term copper stocks....
Gold To Crude Ratio Still Favoring Gold
ARTICLE SYNOPSIS ...After making a breathtaking, parabolic move toward 25, the gold/crude oil ratio has consolidated, tracing out what could be the early stages of a pennant or wedge pattern....
BPZ Hammering Out A Major Low?
ARTICLE SYNOPSIS ...As the energy sector gradually forms a major low, oil & gas bulls should have little difficulty in locating attractive trade setups....
Silver, Make Or Break
ARTICLE SYNOPSIS ...The silver market, along with most other commodities, has taken a heavy hit over the past month. Currently, silver's price lies just above a key swing low made a week and a half ago. Will this support hold back more selling — or not?...
Several Systems Agree -- Short March Soybeans
ARTICLE SYNOPSIS ...Two noteworthy trading systems have flashed simultaneous sell signals in March 2010 soybeans. Is this a trade setup worthy of consideration?...
Walgreen Goes Long
ARTICLE SYNOPSIS ...Walgreen, one of the largest retail pharmacy outlets in the US, is offering short-term traders an interesting long setup in its common stock....
Keep It Simple With Long-Term Moving Averages
ARTICLE SYNOPSIS ...Need a basic, no-brainer means of determining the intermediate- to long-term trends of your favorite markets? Here's a handy tool you can start using today....
For EOG Resources, RMO Buy Signal
ARTICLE SYNOPSIS ...When a proven trading system fires a long signal in the aftermath of a major pattern breakout, wise traders will want to pay special attention to such a setup....
For Teradyne, Take The Money And Run--But Not Yet
ARTICLE SYNOPSIS ...Of all of the stocks in the Standard & Poor's 500, Teradyne has the strongest short-term momentum. Is there still time to extract some profits on a move higher in this stock?...
Long Dollar, Short Gold
ARTICLE SYNOPSIS ...The long-anticipated turn in the US dollar appears to be underway. But is this a tradable move?...
Does News Really Drive The Markets?
ARTICLE SYNOPSIS ...At first glance, the news of Dubai's default woes appears to have been the cause of Friday's big intraday plunge in the gold market. Or was this just a simple catalyst, one that triggered a price decline that was already baked into the technical and fundamental cake?...
Profits, Pitfalls, Patience by Donald W. Pendergast Jr.
ARTICLE SYNOPSIS ...Profits, Pitfalls, Patience by Donald W. Pendergast Jr. Plan your trade, trade your plan. Here's what can happen when a trader plunges into a position without following a trading blueprint. God really watches over children and fools, then I must have been among that special group of foolish, childlike traders who were "miraculously" bailed out of trades that tragically went wrong. Here's what happened when a fundamentally sound, long-term position trade gathered steam, peaked, and then crashed before finally recovering, eventually regaining most of the profits, despite taking twice as long a...
SanDisk Long Breakout And ParaSar Buy
ARTICLE SYNOPSIS ...The entire technology sector has been extremely strong over the past few months, offering a steady stream of long trading opportunities. Here's a look at another promising long setup in the tech sector....
SteinMart Up 1,160% In Six Months
ARTICLE SYNOPSIS ...Its not often that you see a stock rise more than 1,000% in six months, but that's what we're looking at now. Even better, the stock's earnings estimates trend is projected to rise dramatically throughout 2009-10....
For MAS, Two Systems Agree On A Buy
ARTICLE SYNOPSIS ...Up by a mind-boggling 296% in less than six months, two powerful trading systems have both fired new long entry signals for Masco Corp., a leading home-improvement and building supply company....
Russell 2000 Rendezvous With 650 This Year?
ARTICLE SYNOPSIS ...Sure, daily price action in small-cap stocks can be erratic, even nerve-wracking at times. To get the big picture, however, consider spending some quality time with your Russell 2000 monthly charts....
Are FSESX And FSAVX Trading Places?
ARTICLE SYNOPSIS ...Based on a monthly performance ranking, the automotive industry group stocks are still on top, even though upward momentum is slowing. Conversely, the energy services stocks have been lagging for months but now appear ready to launch higher. Will these funds now do a complete about-face?...
USO Daily Breakout Needs Follow-Through
ARTICLE SYNOPSIS ...Compared to the record-breaking selloff in the oil markets in 2008, the 2009 rebound in crude oil might very well earn it the title of the comeback kid. Could crude be setting up for still more upside?...
For PBG, Is Gap Support Test A Go Or No-Go?
ARTICLE SYNOPSIS ...When a stock with solid fundamentals suddenly gaps higher, there is usually a good reason for the upward surge. Let's examine Pepsi Bottling Group's price action in the aftermath of one such gap....
Will ParaSar Be On Target?
ARTICLE SYNOPSIS ...The tried-and-true ParaSar system is at it again, churning out yet another low-risk buying opportunity, this time in Target Corp., the Minneapolis, MN-based retail giant....
Designing A System To Survive A Bear Market
ARTICLE SYNOPSIS ...Designing a winning trading system, one that can survive a bear market as well as thrive during a bull market, takes a great deal of planning, testing, and self-examination....
Support Tests, Money Flow Divergences, and Scalp Profits
ARTICLE SYNOPSIS ...Executing trade entries near strong, well-defined support and resistance areas can be an effective trading strategy, particularly when combined with momentum and money flow divergence analysis....
Sifting The Ashes For Tomorrow's Leaders With DBA
ARTICLE SYNOPSIS ...Even though the broad markets are still enmeshed in a major bull rally, it may still pay to dig through the relative strength rankings to seek out those lagging industry groups that may be poised to be tomorrow's leaders....
What's Next, More Rally Or A Major Stall?
ARTICLE SYNOPSIS ...Even the strongest bull market rallies need time to pause and regroup before continuing higher. Is the current action in the broad markets a consolidation or a major top?...
Autoliv Offers Long Retracement Entry Setup
ARTICLE SYNOPSIS ...As the broad market indexes pause to catch their breath, some fundamentally attractive, high relative strength stocks are offering another chance to get on board....
Brokerage Industry Group is Gaining Strength
ARTICLE SYNOPSIS ...Ever heard the expression, "If you don't like the weather, just wait a while"? Such an oft-quoted phrase might also be applied to the fast-changing relative strength rankings of stock industry groups. Here's a look at the fast-rising Brokerage and Investment Management industry group....
Trading 101: Support, Resistance, And Divergence
ARTICLE SYNOPSIS ...Sometimes, a seemingly perfect trade setup appears, one that deserves a second look. Here's a look at one such intraday setup and the real-life trade that followed....
Broad Markets Still Looking Healthy
ARTICLE SYNOPSIS ...It's been nearly four weeks since the broader market indexes reversed higher near their anticipated weekly cycle lows, but do these markets have enough staying power to keep the bull trend intact through the end of the summer?...
Natural Gas Issues New Buy Signal
ARTICLE SYNOPSIS ...Can it be true? A tentative bottom in the natural gas market may finally be here, and a convincing long-trade setup is now beckoning....
Oil Services Industry Group Flashes Buy Signal
ARTICLE SYNOPSIS ...Now that the S&P 500 has finally cleared the magic 1000 level again, the odds are that the broad markets will continue to move higher. Here's a look at one of the strongest ETFs, one that has just issued a strong buy signal....
Gold Approaching Possible Breakout/Breakdown
ARTICLE SYNOPSIS ...Gold quadrupled in price from late 2001 until early 2008. Since then, gold is still about 7% below the highs attained early last year, but the chart suggests that big changes may soon occur in this market....
NASDAQ 100 Continues To Outperform
ARTICLE SYNOPSIS ...The NASDAQ 100 index is outperforming all of the other major broad market indexes by a wide margin. A closer look at one of this index's highest relative strength stocks reveals a series of bullish technical developments....
Syntroleum Setting Up For Bullish Breakout
ARTICLE SYNOPSIS ...Sometimes it pays to keep tabs on lower-priced stocks in volatile industry groups. One such stock with a history of successful breakout/trend moves may be offering traders yet another chance to profit....
Sturm Ruger And Keeping Money Flow In The Crosshairs
ARTICLE SYNOPSIS ...Keeping an eye on a stock's money flow trend can help you identify market turning points well in advance....
Hecla Mining Has More Gains Possible
ARTICLE SYNOPSIS ...Hecla Mining, despite recent sales growth and earnings woes, has just completed a daily cycle low, rising after a successful test of support....
Cameco Offers A Convincing Breakout
ARTICLE SYNOPSIS ...Cameco Corp., one of the uranium industry's hottest growth stories from 2002 to 2007, has just made a bullish break from a five-week-old basing pattern....
Silver Wheaton Approaching Key Support
ARTICLE SYNOPSIS ...Having risen nearly threefold since making a major low in November 2008, shares of Silver Wheaton may be approaching an important test of support....
EnerSys Sets Up For Possible Breakout
ARTICLE SYNOPSIS ...After a successful test of a major low, EnerSys has risen more than 65% and now appears to be preparing for yet another move higher....
PBG Scores New High On Buyout News
ARTICLE SYNOPSIS ...Pepsi Bottling Group's shares rocketed to a new six-month high on news that PepsiCo wants to buy the remainder of the shares in the bottler that it does not already own. What are the charts saying about today's price spike?...
CASY Bullish Breakout Setup
ARTICLE SYNOPSIS ...Casey's General Stores stock scores high on both relative strength and fundamental factors, just as a new RMO buy signal prints on its daily chart....
Darden Restaurants Eating Up The Competition
ARTICLE SYNOPSIS ...Shares of Darden Restaurants, the world's largest full-service restaurant chain, have risen more than 190% since making a major low in November 2008. The current technicals and fundamentals suggest even more gains may be in store for this stock....
NASDAQ 100 Outperforming Russell 2000, Has Breakout Potential
ARTICLE SYNOPSIS ...The NASDAQ 100 index has been outperforming the Russell 2000 for more than six months now, and the technicals appear to support this trend continuing....
Ameritrade 1999: A Hot Tip Proved Out
ARTICLE SYNOPSIS ...Sometimes, it really does pay to watch the various shows on the financial news channels. Here's a play-by-play of a hot stock tip that actually had technical merits....
Trading Systems 101: Can You Handle The Drawdowns?
ARTICLE SYNOPSIS ...I'll bet you've seen a hundred ads for various trading systems in the past month, especially if you're an active trader who reads most of the trading-related magazines and papers out there. But could you really stay with a good system when it inevitably goes into an extended drawdown period?...
USO Three-Minute Chart Pivot
ARTICLE SYNOPSIS ...Some bank savings accounts only pay 1% per year. Successful daytraders can make that much in just a few minutes -- sometimes. Here's one trade example that might provide some incentive to master the art of daytrading....
A New Short Signal For LLY
ARTICLE SYNOPSIS ...Weak stocks in weak industry groups can offer good short-sale opportunities, but you need a well-grounded plan of action in order to identify opportunities and implement a sound trading strategy....
A Daytrading Primer For CTSH
ARTICLE SYNOPSIS ...Trendlines, pivot points, rectangles, fakeouts, and EMAs. The daytrading jungle might seem a bit less intimidating once you grasp a few important intraday trading concepts....
Kohl's Makes A New Six-Month High
ARTICLE SYNOPSIS ...Kohl's shares have just made a new six-month high. Can traders and investors move this retailer's common stock even higher?...
MRVL's High Relative Strength Vs. NASDAQ 100
ARTICLE SYNOPSIS ...Marvell Technology Group shares are in a bullish weekly trend, handily outperforming most other components in the NASDAQ 100....
Fidelity Select Gold Still Outperforming
ARTICLE SYNOPSIS ...Based on longer-term relative strength rankings, the Fidelity Select Gold fund appears to be on track for further gains....
Copper Approaches Major Support Test
ARTICLE SYNOPSIS ...The price action in copper since July 2008 has been horrific, but an important support test may be in the offing....
A Double Bottom Pattern For Market Vectors Nuclear Energy ETF
ARTICLE SYNOPSIS ...After a 62% plunge since the May high, the Market Vectors Nuclear Energy ETF appears to have formed a double bottom on its daily chart....
Newmont And The Gold Bugs Are Very Oversold
ARTICLE SYNOPSIS ...After enduring months of record selloffs, Newmont Mining and the Gold Bugs index may be close to a reversal zone....
Oil vs. Airlines: Airlines Poised To Take Flight?
ARTICLE SYNOPSIS ...The Oil Index and Airline Index charts suggest that airlines are the stronger sector of the two -- for the moment....
The US Dollar Index: Is A Breakout Or Reversal At Hand?
ARTICLE SYNOPSIS ...After an impressive three-month bull rally, the US Dollar Index is approaching an important resistance barrier: the upper Keltner band on its weekly chart....
Enerplus Resources Fund: Three Chances to Gain, Modest Risk
ARTICLE SYNOPSIS ...For those still bullish on the North American oil and gas sector, Enerplus offers a chance to profit in three ways....
Royal Gold Outperforming Its Peers
ARTICLE SYNOPSIS ...Gold is back, screaming upward in the wake of even more government bailouts, which many believe will lead to much higher inflation in the years to come. Royal Gold is the leader of the pack in the gold mining industry group, currently outperforming every other stock, exchange traded fund, mutual fund, and commodity linked to gold....
Technically Challenged Cameco Yields Option Opportunity
ARTICLE SYNOPSIS ...After an 80% plunge in five months, Cameco's inflated option premiums may offer creative profit opportunities for traders and investors....
KEG, IEZ Displaying Conflicting Signals
ARTICLE SYNOPSIS ...Fakeout or breakout? Even though the broad market is crumbling (again), at least one stock in the Oil Services industry group along with its parent exchange traded fund (ETF), IEZ, are suggesting that a bottom may be reached sooner rather than later for the industry group....
Natural Gas: One ETF Bucks Market Selloff
ARTICLE SYNOPSIS ...Based on chart action and COT figures, the smart money appears to be accumulating natural gas....
Southern Copper: High Implied Volatility Offers Opportunity
ARTICLE SYNOPSIS ...Despite a 75% drop since October 2008, industrious traders can still find potential for gains in Southern Copper....
Two Currencies, Two Trends
ARTICLE SYNOPSIS ...The trend is your friend — until it ends, anyway. The yen may be ready to soar to new heights, even as the Canadian dollar struggles to find a floor....
The British Pound: Is The Smart Money Accumulating?
ARTICLE SYNOPSIS ...After tracing out a distinct five-wave pattern of reasonable proportion, price-momentum divergences suggest that the British pound may be due for a reversal....
Is This The Bottom For The NYSE Composite?
ARTICLE SYNOPSIS ...After making a new low today, the NYSE Composite index staged a major turnaround. But is this truly the end of the major downtrend that began a year ago?...
Covered Call Opportunity In Freeport-McMoran
ARTICLE SYNOPSIS ...Covered call strategies aren't glamorous, but if you're patient and choose your strikes wisely, a low-risk methodology can be within reach of the average trader....
Natural Gas, Equities Nearing Major Support
ARTICLE SYNOPSIS ...Although the stocks in the natural gas industry group have fallen sharply, they, along with natural gas futures, may be near critical support....
Golden Ratios And Market Dynamics
ARTICLE SYNOPSIS ...Three distinct ratio views of gold suggest that silver and the stocks within XAU may soon outperform gold. Meanwhile, gold has trounced crude oil for more than four months....
UAL Outperforming The XAL And The NYA
ARTICLE SYNOPSIS ...Having made its low months before the broad market did, it's little wonder that UAL Corp. looks poised to soar in the wake of falling energy prices....
Is Worthington Industries Stronger Than Steel?
ARTICLE SYNOPSIS ...It's no surprise that most steel-manufacturing stocks have been bludgeoned, but at least one is holding up better than might be expected....
The Gold/US Dollar Ratio At Major Support
ARTICLE SYNOPSIS ...After completing a major third wave up, the gold/US dollar ratio sits right at major support, which may also be the low of corrective wave A....
Oil Services Vs. Banks -- Who's Stronger?
ARTICLE SYNOPSIS ...At first glance, the Oil Service Index/Bank Index Ratio chartwould seem to imply strength in the banking sector, but that's not the case....
The NYSE Composite Has Bullish Divergences In Two Time Frames
ARTICLE SYNOPSIS ...Like every other broad market index, the NYSE Composite has taken a severe beating. However, signs of life on both the daily and weekly time frames suggest that a significant low has been made....
Australian Dollar -- Support Test In Progress
ARTICLE SYNOPSIS ...The Australian dollar appears to be successfully testing important support levels now and may be in position to recover as the US dollar falters....
The Keys To Trend-Following by Donald W. Pendergast Jr.
A High-Yield Dividend Play For Energy Bulls
ARTICLE SYNOPSIS ...The energy sector is still struggling to find a solid base to build upon after falling for the better part of five months. Here's a setup on an ultra-high yield stock in the oil & gas pipeline industry group....
Dollar Dazed, Yen Unfazed -- For Now
ARTICLE SYNOPSIS ...Now that the highly anticipated reversal of the recent US dollar rally has occurred, how low might it go? Will the mighty yen keep on rising, without any setbacks?...
Kinross Gold Has Short Strangle Op
ARTICLE SYNOPSIS ...Option volatilities are still high, and here's an interesting trade setup in one of the gold mining industry's better-performing stocks....
iShares Silver Trust Races For A Pennant
ARTICLE SYNOPSIS ...After enduring a major multimonth bear market, iShares Silver Trust is forming a potentially bullish pattern....
Elliott Third Wave In Progress For DROOY
ARTICLE SYNOPSIS ...Gold and silver mining shares are now leading the markets in terms of 13-week relative strength. DRDGold Ltd. appears to be forming an Elliott third wave, which may carry this stock significantly higher....
Aqua America Close To A Buy?
ARTICLE SYNOPSIS ...Aqua America, one of the strongest stocks in one of the strongest industry groups, is getting close to a buy setup as it pulls back in a strong uptrend....
Newmont Mining: A Rising Weekly Cycle
ARTICLE SYNOPSIS ...With gold stocks moving higher again, Newmont Mining, one of the the world's mining giants, is signaling a daily-based swing trade, a setup enhanced by a rising weekly price cycle....
Betting On Crude Oil, With Favorable Odds
ARTICLE SYNOPSIS ...On December 5, 2008, front-month crude oil closed below $41, the lowest price in nearly four and a half years. Does the bear market in oil have more downside, or is selling an out-of-the-money put a relatively safe bet?...
ORH: Superior Relative Strength Vs. Broad Market
ARTICLE SYNOPSIS ...Here's a look at Odyssey Re Holdings, the strongest stock in the strongest industry group compared with the New York Composite Index....
A Harmonious Relationship: HMY and XAU
ARTICLE SYNOPSIS ...Harmony Gold Mining, one of the better-performing gold stocks in the Philadelphia Gold and Silver Index, may have fairly low-risk trade setups going for both long- and short-term traders....
With IEO, Calculated Bet On A Technical Rally
ARTICLE SYNOPSIS ...With crude oil off by $100 since its all-time high and natural gas cut in half, some technicians believe a technical relief rally is all but inevitable for the energy sector....
High Volatility Makes GM A Purchase Possibility
ARTICLE SYNOPSIS ...For aggressive traders who are hopeful of an eventual turnaround in General Motors, ultra-high volatility opens up the possibility of acquiring GM shares very cheaply very soon....
Playing Both Sides Of The Gold Market
ARTICLE SYNOPSIS ...For traders who are unsure of market direction, selling high-volatility, deferred-month options can be an interesting and potentially profitable alternative....
Archer Daniels Midland: Momentum Vs. Resistance
ARTICLE SYNOPSIS ...Will strong overhead Fibonacci resistance turn ADM back down, or will the power of an established trend power right on through the barrier?...
Gold Outperforming Crude By Wide Margin
ARTICLE SYNOPSIS ...Though each of these inflation-sensitive commodities has fallen from their respective highs, gold is outperforming crude oil by a wide margin....
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