February 17, 2004

XAU Gold Index Caught Between Support And Resistance -- Gary Grosschadl

This widely followed index of gold stocks finds itself at a level where the next move can go either way....(more)

Microsoft Trend Change -- Gary Grosschadl

Microsoft slid under its 200-day moving average on higher than average volume. That should send alarm bells ringing....(more)

Pessimism Grows Towards Integrated Oil Stocks -- Kevin Hopson

Though the AMEX Oil Index has appreciated roughly 45 percent over the past year, there are still signs of higher prices ahead....(more)

February 13, 2004

Dow Reaches Major Resistance -- Arthur Hill

There are resistance zones and then there are big resistance zones. After a 3288 point advance in less than a year (7417 to 10705), the Dow has reached a big resistance zone and further upside is goin...(more)

February 12, 2004

Transocean's Long-Term Channel Breakout -- Kevin Hopson

Transocean Inc. recently broke out of a long-term bottoming pattern, indicating significantly higher prices down the road....(more)

A Dilemma For Dell -- Gary Grosschadl

Dell may be toying with a head and shoulders top but for now it has gained the upper hand....(more)

Diamond Offshore Getting Ready To Blow? -- Matt Blackman

With a number of factors in its favor, not the least of which is upward pressure on oil prices, is this stock getting ready to break out?...(more)

Genuine Parts Breaks Out On Good Volume -- Arthur Hill

After a long consolidation, Genuine Parts (GPC) broke resistance to confirm a bullish continuation pattern....(more)

Confirmations And The January Highs -- David Penn

With the Transports' move down unconfirmed by the Industrials, will a rising Transports Average confirm the Industrials' rally above the January highs?...(more)

February 10, 2004

Insider Year-End Wrap -- Matt Blackman

Insider buying provides a great signal to follow when market conditions are right. Insider selling is less reliable. Here is the insider transaction year in review. It was very different than 2002. Wh...(more)

Retail HOLDERs Heading for Neckline Test -- Arthur Hill

The Retail HOLDRs (RTH) kept pace with the broader market from March to October, but the stock has faltered over the last three months. Volume is increasing on the downside and a potential head and sh...(more)

Telecom HOLDRs Take A Breather -- Arthur Hill

After being one of the worst performers over the last few years, the Telecom HOLDRs (TTH) sprang to life from late November to early January. The stock is now consolidating with a bullish continuation...(more)

Is Lucent Worth Watching? -- Koos van der Merwe

When Nortel broke out of its consolidation triangle (see "Nortel, Something To Look At?" December 23, 2003), the profits that were made on a buy signal were excellent. Is Lucent now offering the same ...(more)

February 09, 2004

CNET Breaks Out To New 52-Week Highs -- Ashwani Gujral

Stocks breaking out of consolidation or continuation patterns are always the surest trades. In this example, CNET breaks out of a flag pattern on very heavy volume to hit new 52-week highs....(more)

Insider Update -- Matt Blackman

Insiders continue to unload in January....(more)

Bullish Divergences For Newmont Mining Corp. -- Kevin Hopson

Newmont Mining Corp. (NEM) has pulled back roughly 20 percent over the past month but there are signs of the short-term downtrend reversing....(more)

Boeing Looks Toppy -- Gary Grosschadl

Boeing (BA) has bounced a few days ahead of the airline index and now finds itself challenging a previous top....(more)

February 06, 2004

Best Buy Leading Retail Lower -- Arthur Hill

Best Buy (BBY), an important retailer and cyclical stock, led the market higher in 2003, but the early signals in 2004 point to weakness that could extend into the industry and sector....(more)

Opportunity In The Networking Sector -- Ashwani Gujral

The Networking sector is undergoing a correction after a huge rally to the upside. This correction is happening on a bullish falling wedge pattern....(more)

February 05, 2004

Is Gold Ready To Test New Highs? -- Koos van der Merwe

The AMEX Gold BUGS Index says it is....(more)

Nasdaq Headed For A Pattern Test -- Gary Grosschadl

Is the party over or is this a normal and healthy correction for the tech index?...(more)

Dow Theory Divergences -- David Penn

As the Transports plunge toward multi-month lows, what happens if the Industrials fail to follow suit?...(more)

February 03, 2004

The Dollar Firms Up And Gold Melts -- Ashwani Gujral

The U.S. interest rate scenario has a profound effect on the U.S. dollar as well as gold. As the Fed changed a couple of words in its policy statement, the effect on the charts is clearly visible. W...(more)

Ameristar Casinos Inc. Breaks Out -- Gary Grosschadl

ASCA breaks into an 18-month high....(more)

Another Bullish Holding Pattern For ExxonMobil? -- Kevin Hopson

As expected, ExxonMobil Corp. has proceeded higher after last December's channel breakout. Oddly enough, the stock has formed another bullish trading range, indicating more upside potential in the nea...(more)

February 02, 2004

GM Giving Early Market Warning? -- Matt Blackman

The four-month rule relies on the premise that what is good for GM is good for America. It also says that GM leads the market down at market tops. Are we at one now?...(more)

Buying Into The Nasdaq On A Dip -- Ashwani Gujral

One of the key elements of swing trading and the lowest risk method of trading is buying on a retracement to the main trend. The Nasdaq composite has been correcting for the last few days -- at which...(more)

Bearish Failure Swing For The Dow -- Arthur Hill

The Dow suffered its largest two-day decline since 26-Sept and a key momentum oscillator flashed a sell signal. Even though the near-term outlook is cloudy, any decline from current levels would still...(more)

Are Natural Gas Prices Ready To Move Higher Again? -- Kevin Hopson

Natural gas may have put in a significant top earlier this month but there are a number of signs pointing to higher prices in the near-term....(more)

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...(more)

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....(more)

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....(more)

MEDI and the MACD -- David Penn

The MACD histogram can be an effective tool in spotting short opportunities as well as longs....(more)

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?...(more)

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