April 21, 2009

PBG Scores New High On Buyout News -- Donald W. Pendergast, Jr.

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 abo...(more)

After A 3.5% One-Day Decline... -- Mike Carr, CMT

The Dow Jones Industrial Average is generally lower a week later....(more)

April 20, 2009

CASY Bullish Breakout Setup -- Donald W. Pendergast, Jr.

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....(more)

After Six Up Weeks In A Row ... -- Mike Carr, CMT

The broad market has been up six weeks in a row. We look at what happens after a run like that and discover it's bearish and bullish....(more)

April 17, 2009

Retail Index In New Uptrend -- Chaitali Mohile

The bullish rally of the S&P Retail Index looks promising, with new support levels likely to boost the rally....(more)

Darden Restaurants Eating Up The Competition -- Donald W. Pendergast, Jr.

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 ev...(more)

April 16, 2009

What Big Rally? -- James Kupfer

Step back to look at the recent rally....(more)

How Does The Canadian Financial System Stack Up? -- Koos van der Merwe

Canadian banks have taken less risk than those in the United States, and so do not need the massive bailout that US banks have received, but how are they doing?...(more)

Falling Wedge Signals NASDAQ Reversal -- Alan R. Northam

The NASDAQ has been in a downward trend since October 2007, but now, this market has broken out of a falling wedge pattern. This breakout is signaling a reversal in trend from down to up....(more)

April 15, 2009

NASDAQ 100 Outperforming Russell 2000, Has Breakout Potential -- Donald W. Pendergast, Jr.

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....(more)

Yahoo Gaps Up -- Chaitali Mohile

Will the trend reversal breakout pull Yahoo higher?...(more)

April 14, 2009

Gold Is The Big Picture -- James Kupfer

Having turned the corner, gold is headed back down....(more)

Oil, All Dried Up -- James Kupfer

The uptrend in oil appears to be all dried up....(more)

Ameritrade 1999: A Hot Tip Proved Out -- Donald W. Pendergast, Jr.

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....(more)

April 13, 2009

A Trade For Harmony Gold Mines -- Koos van der Merwe

In fiscal year 2008, Harmony produced 1.55 million ounces of gold, making it one of the world's largest gold mining companies. How do the shares look?...(more)

Trading Systems 101: Can You Handle The Drawdowns? -- Donald W. Pendergast, Jr.

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 ...(more)

April 09, 2009

A New Short Signal For LLY -- Donald W. Pendergast, Jr.

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....(more)

USO Three-Minute Chart Pivot -- Donald W. Pendergast, Jr.

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 a...(more)

Is Cato Corp.'s Breakout Rally Under Siege? -- Chaitali Mohile

Cato Corp. has moved out of two strong bullish patterns and breached the long-term moving average resistance....(more)

April 08, 2009

SNN At Support -- Chaitali Mohile

The head & shoulders continuation pattern has extended strong neckline support for Smith & Nephew PLC. Will the stock form multiple shoulders or breach the neckline support?...(more)

April 07, 2009

A Daytrading Primer For CTSH -- Donald W. Pendergast, Jr.

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....(more)

LORL Undergoes Bullish Breakout -- Chaitali Mohile

After violating a few strong resistance levels, Loral Space & Communications has formed a bullish flag & pennant pattern. What can be the potential target for the breakout rally?...(more)

April 06, 2009

My Problem With Gold -- Koos van der Merwe

With the world in recession, common belief is that investors should flock to gold to protect their wealth. Research suggests otherwise....(more)

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