June 11, 2007

A 2B Bounce In Johnson & Johnson -- David Penn

Corrections following surge peaks in the MACD histogram are worth watching....(more)

It's USO, Not UFO -- Koos van der Merwe

The tradable could start flying and soon, but it will not be unidentified. Now, where it could fly to is the real question....(more)

June 08, 2007

Correction Targets For The DJIA -- Arthur Hill

The Dow Jones Industrial Average is up substantially over the last few months, and a correction back toward its resistance breakout is a plausible scenario....(more)

Oil On The Verge Of A Breakout -- Arthur Hill

The US Oil Fund ETF (USO) surged off support over the last few days, and the exchange traded fund is on the verge of a breakout that would signal a continuation of the prior advance....(more)

Semiconductor Index May Get Churned -- Chaitali Mohile

The Philadelphia Semiconductor Index is in a strong support/resistance zone....(more)

June 07, 2007

Airline Index Underperforming -- Chaitali Mohile

$XAL has formed multiple bearish flag & pennant formations....(more)

A Reversal In Housing Stocks -- David Penn

The measured move in the housing index takes a hit as interest rates spike higher....(more)

A Big Bearish Engulfing For Big Lots -- Arthur Hill

Big Lots broke out to a new high at the end of May, but a massive bearish engulfing pattern triggered a bull trap, and the forecast is for further downside....(more)

June 06, 2007

A Breakout For COCO -- Arthur Hill

After consolidating for a few months, Corinthian Colleges is breaking resistance, and signs of accumulation point to further gains....(more)

Health Care Select Sector Awaits The Breakout -- Chaitali Mohile

Examining different charts of the same sector suggests various technical resistances....(more)

June 05, 2007

Testing The Breakout -- David Penn

The NASDAQ 100 drifts toward support at the level of its recent breakout....(more)

Can CNQ Make A New High? -- Chaitali Mohile

Canadian Natural Resources made a double top at its highest level last year. Will it make a new high in its current period?...(more)

June 04, 2007

The Golden Bounce -- David Penn

Hourly charts of gold and gold stocks underscore the turnaround in late May....(more)

American Semiconductor Comes Out Of Consolidation -- Chaitali Mohile

American Superconductor Corp. has finally emerged from long consolidation....(more)

Biotechnology Index Completes Reaction Move -- Chaitali Mohile

By forming a bullish wedge, the biotechnology index gets ready to continue the bull run....(more)

June 01, 2007

Smells Like Reflation -- David Penn

An early test of the rally in rates looms on the horizon....(more)

Microsoft Double Top? -- Gary Grosschadl

Microsoft has hit a previous resistance level just above $31. A confluence of candlesticks, symmetry, and indicators suggests a possible early warning of potential double top on this 17-month weekly c...(more)

Relative Weakness Weighs On Cymer -- Arthur Hill

Cymer has been underperforming the market for months, and the stock is on the verge of a support break that would signal a continuation lower....(more)

The Advance-Decline Line -- Koos van der Merwe

Is the current chart of the advance-decline line of the Dow Jones Industrial Average trying to tell us something?...(more)

May 31, 2007

Russell 2000 Gets Cold Feet -- Arthur Hill

The Russell 2000 broke consolidation resistance, but immediately pulled back, and now, waning momentum points to a bull trap....(more)

Tuning In To XM Satellite Radio -- Gary Grosschadl

Has a bottom finally shown up to produce a tradable bounce?...(more)

US Paper Index Beats Rock And Scissors -- Gary Grosschadl

This Dow Jones index is in a breakout pattern. So what is the upside target?...(more)

Should You Buy The Dollar? -- David Penn

Positive divergences, bullish moving average alignments, and overbought conditions combine to make the greenback attractive....(more)

A Cup With Handle In Transports -- David Penn

As crude oil breaks down, the consolidation in the Dow Jones transports hints at a move higher....(more)

May 30, 2007

A Head & Shoulders Top In REITs -- David Penn

Has the great REIT rally finally run out of upside?...(more)

Ranged Break -- Austin Passamonte

An expanding wedge coupled with a narrow-range channel spelled imminent action for the S&P....(more)

S&P Seeking Support -- Austin Passamonte

Measuring support and resistance zones via Fibonacci and retracement tools....(more)

Candlestick Warning For The NASDAQ Composite -- Gary Grosschadl

The high-tech index looks vulnerable here. A downturn would not be a surprise, but what are the targets?
...(more)

Blowing Bubbles -- Koos van der Merwe

Everyone's talking about a bubble, whether there's one ready to burst or there's one expanding.
...(more)

XAU Lags And Drags -- Arthur Hill

The Philadelphia Gold & Silver Index ($XAU) has been stuck in a rut the last 15 months, and relative weakness remains a serious drag. Here are the levels to watch....(more)

May 24, 2007

A Lift In Lumber -- David Penn

Positive divergences and a stochastic pop lead lumber higher in May....(more)

Nike Looks Ready To Run -- Arthur Hill

After a long consolidation period, Nike gapped up off support and looks ready for a run to new highs....(more)

Biogen Returns To The Breakout -- Arthur Hill

After breaking resistance with a gap and a surge in April, Biogen Idec returned to the scene of the crime. This level should offer support....(more)

$DJUSCH Readies To Break Out From Ascending Triangle -- Chaitali Mohile

The US Chemical Index has formed an ascending triangle on daily and weekly time frames and is now ready to break out....(more)

Cascade Bancorp Has A Bullish Engulfing Pattern -- Chaitali Mohile

CACB is in an intermediate downtrend. Will a bullish engulfing pattern really offer a reliable buying opportunity?...(more)

Reversal Warnings -- Austin Passamonte

Pure price action can tell us a great deal about pending market direction. Intraday emini traders can see clear reversal signal patterns almost every session -- fair warning to exit existing trades an...(more)

Predictable Patterns Period -- Austin Passamonte

Since mid-March 2007, big-cap stock index markets seem to have a constant bid beneath them. Any intraday selloff that lasts into the closing bell is immediately reversed the next session. Most other d...(more)

May 23, 2007

A Crude Pause -- David Penn

A pause in the crude oil bounce as oil stocks test historic highs....(more)

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