April 29, 2005

A Head & Shoulders Top In Housing Stocks -- David Penn

The homebuilding boom bumps up against a classic reversal pattern....(more)

Overhead Challenges Facing Microsoft -- Gary Grosschadl

Microsoft Corp. fell below its 200-day EMA last February and now has several upside challenges weighing down this giant bellwether stock....(more)

Looking At Canada Through i-Shares' MSCI Canada Index Fund -- Koos van der Merwe

Canada is in the throes of a political crisis. How is this reflected in the market?...(more)

April 28, 2005

Intraday DLB Breakouts -- David Penn

An excellent example of the "Don't Look Back" breakout develops in a five-minute chart of the emini S&P....(more)

3M Teeters On The Edge Of The Abyss -- Arthur Hill

3M led the way lower in April, and further weakness would confirm a large bearish pattern that has been working since November....(more)

Rising Consolidations Haunt S&P 500 Equal Weight Index -- Arthur Hill

After a significant support break in mid-April, the Rydex Equal Weight S&P 500 (RSP) countered with a rising consolidation that looks bearish....(more)

Is Placer Dome Worth Buying? -- Koos van der Merwe

Is the stock worth buying? There are conflicting reports.

...(more)

Citigroup Aims Higher -- Gary Grosschadl

Last March, Citibank Inc. fell below its 200-day exponential moving average. Now it's pushed above this important marker once again....(more)

April 27, 2005

Pioneer Natural Resources Still Range-Bound -- Kevin Hopson

A bullish consolidation pattern and increasing pessimism may be a winning recipe for Pioneer....(more)

Bouncing Banks -- David Penn

Bulls longing for a bottom in the markets get optimistic signs from banks responding to positive divergences....(more)

April 26, 2005

July Cotton's Ascending Triangle Breakout -- David Penn

A failed 2B top reversal leads to an ascending triangle breakout....(more)

Fiserve Has A Mind Of Its Own -- Arthur Hill

While the Nasdaq wallows near its lows for the year, Fiserve (FSIV) is breaking resistance barriers on good volume....(more)

Alltel Forms A Big Bad Bearish Engulfing Pattern -- Arthur Hill

A negative divergence and a bearish engulfing at resistance spell reversal for Alltel....(more)

April 25, 2005

Crude Oil's Hourly Head And Shoulders Top -- David Penn

A look at crude oil through the lens of the 60-minute chart suggests a possible reversal in crude oil's bull run....(more)

Upside Targets For Millennium Pharmaceuticals -- Gary Grosschadl

Close to multiyear lows, this pharmaceutical company appears to be in accumulation. What are the possible upside targets?...(more)

April 22, 2005

A Developing Bottom For Wachovia Corp.? -- Kevin Hopson

Bullish divergences and pessimistic market sentiment both point to a forthcoming reversal....(more)

The Joys Of Juice -- David Penn

Wanna know where the bulls have been running recently? Try the orange groves....(more)

Canadian Dollar At Parity? -- Koos van der Merwe

A popular newsletter writer in his report has suggested that he believes the Canadian dollar will go to parity with the US dollar. I don't see it, but then......(more)

April 21, 2005

Interest Rate Advance Suddenly Stalls -- Arthur Hill

The uptrend in long-term rates remains intact, but a sudden lower high has put it in jeopardy....(more)

Nasdaq Breadth Joins Oversold Chorus -- Arthur Hill

Nasdaq breadth has become oversold, but a low in the index may still be a few days away....(more)

Beat The House! -- David Penn

Is this just the universal cry of gamblers, or what the bear market is doing to casino and gaming stocks?...(more)

April 20, 2005

Will Commodities Get A Bid? -- David Penn

A pair of positive stochastic divergences suggests, at minimum, a bounce for commodities--broadly speaking....(more)

Martha Stewart, The Comeback Kid -- Koos van der Merwe

Martha is definitely the comeback kid... and I can guarantee you that her ankle bracelet will soon be fashionable. What does the latest chart say?...(more)

NYMEX Crude Oil Continuous Contract: Down To Support -- Paolo Pezzutti

The Bollinger Bands suggest a trading range is developing....(more)

April 19, 2005

The 10-Year Treasury Note's Head And Shoulders Top -- David Penn

A temporary respite in long rates flows from a head and shoulders top....(more)

OEX Is Down, But Not Out Just Yet -- Arthur Hill

The S&P 100 broke key support last week, but the decline over the last two months could still turn out to be a normal correction....(more)

April 18, 2005

CME Euro FX Continuous Contract: Is The Trend Over? -- Paolo Pezzutti

The study of relationships between range and volume provides a valuable insight to market conditions....(more)

An Intraday Emini 2B Top -- David Penn

A classic reversal pattern anticipates weakness and a test of the lows....(more)

Nikkei Fails A Major Resistance -- Arthur Hill

The Nikkei 225 failed at neckline resistance and upside momentum continues to wane....(more)

April 15, 2005

Dow Theory To The Downside -- David Penn

Simultaneous closes below the January lows in the Dow industrials and transports is an unequivocally bearish development....(more)

Dell Testing Another Layer Of Support -- Kevin Hopson

One area of key support has already been taken out. Can Dell hold the next line?...(more)

Las Vegas From Home -- Koos van der Merwe

Gambling is a profession or an addiction, whether at a casino in Las Vegas or in Vancouver, BC, in Canada, where casinos are proliferating....(more)

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