January 30, 2004
Reckless Bonds -- Arthur Hill
The iShares 20-Year Treasury Fund (TLT) has turned violent over the last few months as bulls and bears slug it out for control. The medium-term trend is up, but the this appears to be a corrective mov...
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A Break Of Trendline Support For Magnum Hunter Resources? -- Kevin Hopson
Magnum Hunter Resources looks to have breached last July's uptrend line but a further pullback could represent a good buying opportunity....
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January 29, 2004
Precious Metals Turn Up -- David Penn
Tick ups in the MACD histogram and upward "buy hooks" in the stochastic oscillator point to higher prices for silver and gold in the near-term....
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MEDI and the MACD -- David Penn
The MACD histogram can be an effective tool in spotting short opportunities as well as longs....
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Gold Cycle Revisited -- Koos van der Merwe
On June 18, 2003 I presented a daily chart of the London PM Gold cycle with observations. Has gold stuck to that cycle?...
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January 27, 2004
RJR Tobacco Holders - Is That Smoke? -- Matt Blackman
They say where there is smoke, there is fire and this one could be getting out of hand....
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January 26, 2004
Has Sunopta Optimized Its Place In The Sun? -- Koos van der Merwe
Sunopta Inc. operates in three principal businesses: natural and organic food product sourcing, processing, and packaging; processing, distribution and recycling of environmentally responsible aggrega...
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Novellus Underperforms Nasdaq -- Arthur Hill
Novellus (NVLS), an integral part of the semiconductor group, has doubled since its Oct-02 lows, but has actually underperformed the Nasdaq since Nov-02. A little underperformance is negligible, howev...
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Ciena Signals A Continuation Higher -- Arthur Hill
While the Nasdaqs are trading well above their January 2003 highs, Ciena (CIEN) has struggled most of 2003 and only recently moved above its January 2003 reaction high. The stock forged a 52-week high...
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January 23, 2004
The Euro Pullback -- David Penn
The dollar strenghening, gold slipping ... euro bulls have seen this act before....
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Dundee Precious Metals Inc. And The ABCs of Elliott Wave -- Koos van der Merwe
Precious metals: To buy or not to buy -- that is the question. A look at this chart may give you the answer....
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Big Breakouts In Little Triangles -- David Penn
One tenet of swing trading suggests taking big gains as soon as you get them. The recent action in Rf Microdevices, Inc. (RFMD) is one example why....
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Corning Moves Up Sharply -- Ashwani Gujral
Corning has a failed daily head and shoulder pattern, but has a successful bullish flag breakout on the weekly chart. This example underlines the need to examine evidence across time frames and indic...
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January 22, 2004
When GE Bottoms Out, It Bodes Well For The Market -- Ashwani Gujral
GE broke out of weekly head and shoulders pattern and is now heading towards $44. When GE, a heavyweight on market indexes, bottoms out and breaks out into a new 52-week high, the entire market is st...
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Tyco International Breaks Higher -- Gary Grosschadl
Seemingly in sympathy with the overall markets, Tyco makes a move higher. What is the upside?...
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Has Pfizer Fizzled? -- Gary Grosschadl
Pfizer (PFE) has come off its recent peak. Is this the start of a bigger downleg or just a normal correction?...
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Bullish Signs Abound For The Oil Services Index -- Kevin Hopson
Lackluster performance by oil service stocks the past year has done little to attract investors but looking at the bigger picture, this is one place you will want to be when all is said and done....
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January 20, 2004
Strength In The U.S. Dollar Index -- Kevin Hopson
The U.S. Dollar Index has been showing signs of reversing for some time now but is the recent bounce the beginning of a more serious correction or is it just a weak attempt to push prices higher?...
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January 19, 2004
Looking For A Gold Bounce -- Gary Grosschadl
Gold has been battered lately so it's time once again to consider buying the next gold bounce....
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Biotechs Ready To Break Out Of Consolidation -- Ashwani Gujral
Biotechs are a key part of the Nasdaq index. The Nasdaq has broken out of its consolidation and its strength will naturally rub off on those constituent sectors that were also consolidating. The bio...
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How The U.S. Dollar Relates To Gold And Crude Oil -- Ashwani Gujral
The dollar is going through an upward technical correction while in a downtrend, whereas gold and crude oil are going through a downward correction in an uptrend. Has the downtrend ended for the doll...
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January 16, 2004
Charter Communications Inc. And The Golden Touch Of Paul Allen -- Koos van der Merwe
Although Paul Allen is majority stock holder in this company, it still has experienced significant losses in its stock value. Is it now on the rebound? A breakout from a triangle formation gives shar...
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A Double Head And Shoulders For Bombardier? -- Koos van der Merwe
Bombardier, Inc. is a manufacturer of business jets, regional aircraft, rail transportation equipment and motorized recreational products. In Canada it is considered a blue chip company, but since 911...
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American Eagle Outfitters Ready For Another Summit? -- Matt Blackman
It's had its ups and downs in the last few years but from a technical point, this stock could be getting ready for a summit attempt.
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Has Natural Gas Topped Out? -- Kevin Hopson
Natural gas prices have moved higher in recent weeks, as predicted, but has the uptrend reversed?...
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January 15, 2004
A Head And Shoulders Consolidation And Reversal -- Ashwani Gujral
A head and shoulders pattern can be both of the consolidation and the reversal variety. American Medical Systems Holdings Inc. has one of each in its daily and weekly chart, with both suggesting the ...
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Nokia Gaps Out Of A Basing Formation -- Ashwani Gujral
The telecom sector has been moving up recently, thanks to companies like Nokia. Ahead of the pack, Nokia broke out of a 2-year consolidationon on an upward gap. Here's how you can trade that gap....
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Entering The S&P 500 On Retracements -- Ashwani Gujral
Entering a trend on a retracement is a low risk strategy. But how do you know when a retracement will end? There is no one method that gives the exact answer but a variety of methods give a fair ide...
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January 13, 2004
Is Oil Headed Back Up? -- Ashwani Gujral
Traders should always be wary of trading patterns before they breakout/breakdown because failed patterns can lead to large moves in the opposite direction. In this article, I will demonstrate how a f...
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The LookSmart Squeeze -- Matt Blackman
During its heyday in March 2000, this stock hit a high of $69.50. By September 2001, it had plummeted to a meager $0.31. Slowly but surely, it has been making a comeback in both price and respectabili...
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Amazon's Sideways Correction -- David Penn
A double zigzag appears to be ending in Amazon (AMZN), which could mean new multi-month highs....
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ExxonMobil Corp.'s Trading Range Breakout -- Kevin Hopson
ExxonMobil Corp. broke out of bullish consolidation pattern back in mid-December, indicating the potential for higher prices in the near-term....
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