March 18, 2004

A Simple Way To Use Money Flow -- Kevin Hopson

Money flow for XTO Energy has been negative recently but the trend may be ready to reverse....(more)

Japanese Yen Futures Ready For More Downside -- Ashwani Gujral

The Japanese yen futures are in a deep downtrend. The recent respite appears to be forming a bear flag, the breakdown of which will lead to a level of 8500....(more)

Boeing Co. Tries To Hammer Out A Bottom -- Gary Grosschadl

Boeing, like many others, fell below its 50-day EMA as the overall markets tunrned south. The hammer signal formed on March 16, hints at a possible bounce here....(more)

Gann, Elliott And The Dow -- Koos van der Merwe

The terrorist act in Spain has led to a change in government and the threat of a withdrawal of troops from Iraq. Has Al Qaeda won? What does the Dow say?...(more)

Newmont Mining's Bullish Gap -- Kevin Hopson

Though Newmont Mining faces further obstacles in the short-term, bearishness in the stock is starting to subside....(more)

March 17, 2004

Barr Labs Breaks Down From Consolidation Pattern -- Ashwani Gujral

Most stocks or commodities cannot maintain a sharp rise or fall for an extended period of time. Sharp moves in any direction are often followed by a consolidation pattern, with an eventual breakout or...(more)

Copper's Relentless Uptrend -- Ashwani Gujral

The ADX on the copper chart is at extraordinarily high levels. Profit booking and consolidation should be expected at this point....(more)

March 16, 2004

Barrick Gold Stalls At Key Retracement -- Arthur Hill

Barrick Gold (ABX) suffered a sharp decline in January and the current advance looks like a corrective rally....(more)

What's Next For Natural Gas? -- Kevin Hopson

As expected, natural gas prices broke to the upside from a falling wedge formation but is there more steam left in the rally?...(more)

General Electric Co. Testing Major Support -- Gary Grosschadl

General Electric (GE), one of the market's bellweather stocks, has been sliding down hard. It has now reached an important support level, will it hold?...(more)

FTSE 100 Nears Double Fibo Zone -- Arthur Hill

FTSE 100 works its way high towards key retracements and remains in uptrend....(more)

March 15, 2004

No Fun In Toyland -- Arthur Hill

Both Mattel (MAT) and the Dow Jones Toy Index broke important support levels to signal a continuation lower....(more)

The Nasdaq: A Tough Call -- Koos van der Merwe

"Further, of bearish importance is that the Nasdaq has itself failed for the second time at a level below the previous top, while making new and lower lows. Bull markets make higher highs and higher l...(more)

March 12, 2004

Squeeze, Pop Goes The S&P -- Matt Blackman

For those who have been following volatility using Bollinger Bands, an interesting thing happened to the S&P500. . ....(more)

OTC Cousin Leads Nikkei 225 -- Arthur Hill

The Nikkei 225 was profiled on February 18, with a potential head and shoulders brewing. Now that the index broke above neckline resistance, it is time to consider what it would take to prove the brea...(more)

Stochastic Divergences, Diamonds And Elliott Waves -- David Penn

Once again, a positive stochastic divergence suggests a low in the S&P 500....(more)

March 11, 2004

Ruby Tuesday Back In A Trend -- Ashwani Gujral

Ruby Tuesday had been consolidating for over three months and recently broke to the upside. The ADX has started rising after being below both the +DI and -DI. This indicates that the stock is going t...(more)

Broadcom Corp. Looking Bearish -- Gary Grosschadl

Broadcom enjoyed a two month gain taking it from $34 to $44. Since then it has consolidated in a recognizable pattern....(more)

Air Freight And Dow Transports -- Arthur Hill

Dominated by FedEx (FDX), the Dow Jones Air Freight Index could hold the key to the Dow Transports over the next few weeks....(more)

Are Utility Stocks Headed Even Higher? -- Kevin Hopson

The Utilities Holders recently broke out of a bullish trading range, indicating the potential for higher prices. Could this be true in light of the Dow's recent breakdown?...(more)

Insiders Aren't Buying The Bull... -- Matt Blackman

Insider selling hit another extreme level in February. If we are in a long-term bull market, insiders aren't buying it....(more)

March 09, 2004

Evergreen Resources' Bullish Triangle Formation -- Kevin Hopson

Evergreen's bullish consolidation pattern and pessimistic market sentiment could indicate a further move to the upside....(more)

Siebel Systems Inc. Shows Trend Change -- Gary Grosschadl

Has this high tech favorite topped out or is it reloading for another run?...(more)

Temporary Triangle Trouble In The Hourly S&P 500 -- David Penn

A symmetrical triangle in the hourly S&P 500 suggests higher volatility in the near-term. But is direction a complete unknown?...(more)

March 08, 2004

The Canadian Dollar Topping Out -- Ashwani Gujral

A head and shoulders pattern is a very powerful accumulation and distribution pattern. The Canadian dollar futures are showing just such a distribution pattern, both on the daily and weekly chart. T...(more)

A "Watch" For Cardiome Pharma Corporation -- Koos van der Merwe

Putting it all together, I've written a case study of Cardiome Pharma Corp. (COM-T) using a number of my previously explained stock strategies and come up with a "watch me" rating for this stock....(more)

The Triangle In Ten-Year Yields -- David Penn

As the homebuilders' index breaks out on the upside, are yields on ten-year notes headed lower?...(more)

Bud Bubbles Over -- Arthur Hill

Anheuser Busch (BUD) is one of the leading stocks in the Consumer Staples sector and the recent breakout speaks volumes on the state of the overall market....(more)

March 05, 2004

A Developing Bottom For Ford Motor Co.? -- Kevin Hopson

Analysts and investors have been betting against Ford Motor Co. in recent months but don't let the negative sentiment fool you....(more)

Misleading Divergences In The S&P SmallCap Index -- Arthur Hill

When the trend is strong and up, bearish divergences in MACD and other momentum oscillators are often misleading....(more)

March 04, 2004

Euro Pain, Dollar Gain, Gold Disdain -- Gary Grosschadl

Things heat up in this ever-present love triangle....(more)

Platinum Futures Break Out Ahead Of The Pack -- Ashwani Gujral

Platinum futures have broken out of a consolidation pattern while their more illustrious cousins gold and silver continue to consolidate. Breakouts of stocks and commodities in the same sector should...(more)

Intel Turns Bearish -- Arthur Hill

In an ominous sign for the semi-conductor group and Nasdaq, Intel (INTC) broke double top support and the trend has turned bearish....(more)

March 02, 2004

XTO Energy's Inverse Head And Shoulders Breakout -- Kevin Hopson

Though some traders may have considered the recent triple top in XTO Energy as being negative, pattern watchers would have recognized the true upside potential of the stock....(more)

Enzon Pharmaceuticals Bottoming Out? -- Matt Blackman

From the slow but steady build in stock price, it appears that something is in the wind. Whether it is the potential launch of a new product or other positive corporate news, this could be an interest...(more)

Is March The Month For Higher Dow Highs? -- David Penn

If both the Industrials and Transports take out their February highs, then the bull market will be confirmed once again....(more)

...More Articles