May 06, 2004

Why the Rally in Starbucks May Not be Over -- Kevin Hopson

Starbucks' bullish trading range and "out-of-favor" status with Wall Street may indicate higher prices ahead....(more)

Median Line Support for Calpine Corp. -- Kevin Hopson

Median lines can act as good reversal points, as illustrated by Calpine Corp....(more)

May 05, 2004

Nasdaq Forms Large Distribution -- Arthur Hill

After a strong finish in March, the Nasdaq Composite fell apart in April and a large reversal pattern is taking shape....(more)

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)

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