May 14, 2004

Xerox Corporation -- Koos van der Merwe

Xerox is a company that has been through the worst, and came out smiling. Anne Mulcahy, the company's chief executive, recently made the announcement, ". . . there is no question that we are open to ...(more)

Shanghai Composite Remains Range Bound -- Arthur Hill

The Shanghai Composite suffered a serious setback over the last few months, but the index has reached an important retracement level within a larger trading range....(more)

Gaming The Mid-May Bounce -- David Penn

The three major averages have all traced out hourly bottoming patterns in the middle of May....(more)

H&R Block Showing Positive Signs Of Reversal -- Steven Coffey

Plenty of divergences are pointing toward an upswing....(more)

May 13, 2004

The Return Of The Son Of The Bearish Confirmations -- David Penn

It's all about the March 2004 lows for the Dow Transports and Industrials....(more)

Halliburton's Bullish Consolidation Pattern -- Kevin Hopson

Halliburton's potentially bullish trading range could mean much higher prices in the long-term....(more)

Two Bearish Patterns for Software HOLDRS -- Arthur Hill

Two bearish patterns are taking shape in the Software HOLDRS (SWH) and these point to much lower prices over the next few months....(more)

Wireless Index Still Holding Important Trendlines -- Arthur Hill

The Dow Jones Wireless Communications Index (DJUSWC) remains in both a long-term and medium-term uptrend with important trendlines still holding....(more)

May 12, 2004

Weekly Chart For Gold Shows Danger -- Gary Grosschadl

The price of gold violates a major pattern. Unless it bounces immediately, more downside is in store....(more)

Crude Oil Futures Break Out -- Ashwani Gujral

Crude oil has broken out of consolidation patterns both on the weekly and daily charts. Breakouts on two time frames simultaneously lead to powerful moves. One thing is sure: Crude oil has broken ou...(more)

May 11, 2004

Weakness In Steel Index Suggests Shorting Opportunities -- Luis Ferro

After a prolonged uptrend the Dow Jones Steel Index formed a double top pattern. A trend reversal seems to be the most likely outcome, but how do you take advantage of this situation? By looking throu...(more)

Amgen Breakdown Likely -- Ashwani Gujral

Amgen (AMGN) has formed a bearish descending triangle pattern on the weekly chart, very similar to the Nasdaq composite, while the daily chart seems to be consolidating. When two time frames support ...(more)

Canadian Dollar Futures Lead Bearishness In Commodities -- Ashwani Gujral

The Canadian dollar had shown bearish patterns long before the commodities started their downtrends. Canadian dollar futures have broken down from a head and shoulders pattern, indicating that commod...(more)

What The VIX Could Be Telling Us -- Kevin Hopson

Though pessimism is growing in the marketplace, the S&P 500 could see further weakness before putting in a temporary bottom....(more)

Nextel Partners Inc. Just Broke New Two Year High -- Steven Coffey

With price slightly above breakout point, this trade presents an excellent risk/reward ratio....(more)

Key Support For The AMEX Oil Index -- Kevin Hopson

Limited downside potential offers a good buying opportunity in integrated oil companies....(more)

May 10, 2004

What Now For Martha Stewart Living? -- Koos van der Merwe

Everyone knows who Martha Stewart is, and the legal problems she faces. Many investors took a gamble and bought shares of her company, Martha Stewart Living (MSO) when it fell dramatically to a low of...(more)

May 07, 2004

Sierra Wireless Inc. (SW.TO) Tries To Bounce -- Gary Grosschadl

A dramatic fall the past several weeks has cut the stock price in half and bargain hunting buyers could be stepping in....(more)

Alcoa Inc. In Trouble -- Gary Grosschadl

Alcoa, the dominant aluminum giant, has a heavy chart....(more)

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)

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