May 04, 2004

A Look At The Dow -- Gary Grosschadl

The Dow has come down 500 points from last February. What's the current outlook?...(more)

A Megaphone Top For Anadarko Petroleum? -- Kevin Hopson

Anadarko Petroleum's broadening triangle formation indicates a potential forthcoming top in the stock price....(more)

Dow Utilities Form Massive Wedge -- Arthur Hill

With the prospects of higher interest rates down the road, it is little surprise that the Dow Utilities are forming a potentially bearish pattern with waning upside momentum....(more)

April 30, 2004

A Triangle On The U.S. Dollar Index Futures: Will It Flatter Or Deceive? -- Ashwani Gujral

The U.S. Dollar is perhaps the instrument most directly affecteted by an actual hike or indications of a hike in U.S. interest rates. The U.S. Dollar Index Futures chart is showing that traders expec...(more)

S&P 500 Index Testing Key Support -- Kevin Hopson

The S&P 500 Index has pulled back to significant support, which may provide a good buying opportunity in the near-term....(more)

Bullish Shakeout Pattern For Gold? -- Kevin Hopson

Gold's recent sell signal could actually be a reason to buy....(more)

April 29, 2004

RIG Returns To Resistance Break -- Arthur Hill

Transocean (RIG), a world leader in offshore drilling, broke major resistance in January and the current pullback looks like a classic throwback....(more)

Applying Bollinger Bands To Albertson's Inc. -- Luis Ferro

Bollinger Bands are highly flexible instruments and can be used in the forecasting of different aspects of market behavior....(more)

A Daily Chart Of The S&P 100 Index -- Koos van der Merwe

On April 22nd I presented an article "Gann, Elliott and the Dow Revisited." In it I argued that for the long-term, the trend is bearish, but for the short-term it could be bullish. Here is a chart of ...(more)

Semi's Drag Nasdaq Lower -- Arthur Hill

The Nasdaq broke above 2040 with a surge on high volume, but lack of help from the semiconductor group is weighing....(more)

April 27, 2004

Silver Breaks Down After A Vertical Rally -- Ashwani Gujral

Words from Alan Greenspan can often make or break a market. Silver has again proven this to be the case. Silver leads the commodity tailspin. But were there warnings of this crash?...(more)

Using The Lower Low Strategy Plus Volume -- Koos van der Merwe

Finding a share out of the many thousands listed on the exchanges that could be a profitable trade is a matter of determining a trading strategy to use. There are many out there, and I have written a ...(more)

April 26, 2004

Island Reversal In Yen Futures -- Luis Ferro

The yen has displayed volatile behavior lately, leading to the formation of two consecutive island reversals. While the short-term forecast is bearish, the long-term uptrend should still be considered...(more)

A Short-Term Bear Rally For Newmont Mining? -- Kevin Hopson

Newmont Mining has rebounded off of this month's lows but will likely make one final move to the downside before the short-term downtrend reverses....(more)

Gold Moves Sideways, May Be Distributing -- Ashwani Gujral

Except in extraordinary cases, tops and bottoms take time to form. This is because large traders and investors tend to distribute their holdings to retail traders just when these retail traders expec...(more)

April 23, 2004

Stryker Corp. Shows Long-Term Uptrend -- Ashwani Gujral

In a sideways market scenario, there are always stock-specific stories that emerge showing strong uptrends. They offer the lowest risk buying opportunities when the market has no underlying trend. (more)

Ford Motor Co. Approaching Key Resistance -- Kevin Hopson

Ford Motor Co. has spiked higher in recent days but the rally may not be over yet....(more)

Cup With Handle On Grant Prideco -- Luis Ferro

The formation of a cup with handle pattern indicates that the price of this oil-drilling pipes manufacturer will probably continue to rise....(more)

Apex Still In Long-Term Uptrend -- Arthur Hill

Apex Silver (SIL) suffered a big setback in mid-April, but the long-term picture is still bullish....(more)

Coca-Cola Breaks Falling Wedge Trendline -- Arthur Hill

Coca-Cola (KO) sports a long-long term falling wedge breakout confirmed by MACD....(more)

April 22, 2004

Failure Of A Bottoming Out Pattern In Peoplesoft Inc. -- Ashwani Gujral

Peoplesoft Inc. was forming a head and shoulders pattern on the weekly chart, indicating a bottom formation. But the pattern seems to be failing as prices refuse to cross the neckline....(more)

W.W. Grainger Inc. Breaks Out -- Ashwani Gujral

Symmetrical triangles are difficult to trade because they do not give any directional information about their breakouts. But they occur far too frequently for traders to ignore them. In this article...(more)

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

Popular for their predictive power/capacity, Gann and Elliott wave methods reach similar conclusions in their forecasts for the spring of 2004....(more)

Silver's Slippery Symmetrical Triangle -- David Penn

An early April symmetrical triangle in silver futures produced a vertigo-inducing collapse by mid-month....(more)

April 20, 2004

U.S. Dollar Index Contemplates Target Zone -- Gary Grosschadl

After coming off a double bottom, USD nears a target zone.
Is it falling just short or reloading for another go?...(more)

EnCana's Bullish Flag Breakout -- Kevin Hopson

EnCana's bullish flag breakout and recent pullback to key support levels has provided a great buying opportunity for the stock....(more)

April 19, 2004

Euro Index Primed For Likely Rise -- Gary Grosschadl

After a strong rise the Euro Index has corrected to meaningful support....(more)

Vaxgen Inc. Has Breakout Potential -- Gary Grosschadl

Vaxgen (VXGN) is looking bullish -- provided a breakout on good volume ensues....(more)

April 16, 2004

Is Coffee Percolating Higher? -- David Penn

If coffee futures hold support at 6930, then a third wave of much higher prices could be right around the corner....(more)

Yahoo!? Now Hold On Just A Minute -- Matt Blackman

Yahoo gapped up 14% from $48.35 to close at $56.21 in the wake of better than expected earnings. But this looks like a better short than long candidate and proof that markets are more emotional than e...(more)

2K Market Deja Vu - Good News, Bad Action -- Matt Blackman

How markets interpret news tells much about underlying investor sentiment. Bull markets ignore bad news. Bear markets ignore good news. It appears that of late, we may have fallen back into the latter...(more)

An Early Trend Failure For Gold Or A Bounce Setting Up? -- Gary Grosschadl

Traders who anticipated the likelihood of a possible double top move towards the troughline test were rewarded....(more)

State Street Forms Large Head And Shoulders Reversal -- Arthur Hill

With the prospects of higher interest rates on the horizon, key banking stocks like State Street (STT) could come under selling pressure....(more)

April 15, 2004

Infospace Gains Momentum -- Ashwani Gujral

Infospace has completed a head and shoulder bottom formed over the last two years and broken out to the upside. The target could be $50, with further upside possible.

...(more)

eMAGIN Corporation.... Not That Imaginary -- Koos van der Merwe

In today's market, with the liberation and occupation of Iraq affecting the market adversely, it is not easy finding a company that looks interesting as far as good profits are concerned. Here is one ...(more)

Fuelcell Energy's Bullish Triangle Breakout -- Kevin Hopson

Fuelcell Energy recently broke out of a large bullish triangle formation, indicating much higher prices down the road....(more)

Lehman Treasury Bond Fund Finally Breaks Down -- Kevin Hopson

The Lehman Treasury Bond Fund was recently turned back at a key resistance level, confirming a significant top in prices....(more)

Alcoa Drags Materials Lower -- Arthur Hill

Even though Dow and Dupont are the two biggest components of the Materials SPDR (XLB), recent weakness in Alcoa (AA) is pulling the sector lower....(more)

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