June 18, 2008
Forest Oil Set To Move -- James Kupfer
A convergence of technical indicators suggests that Forest Oil Corp. is ready to continue its trend up....
(more)
Coal: The Forgotten Commodity -- Mike Carr, CMT
A relatively new ETF provides investors with a way to bet on the price of coal, a valuable commodity but historically tough to trade....
(more)
A Pair Of Flags For Newmont -- Arthur Hill
Newmont Mining has falling flags working on two time frames, and a breakout on the daily chart would have long-term implications....
(more)
June 17, 2008
Citigroup — The Beginning Of The Beginning? -- Koos van der Merwe
Is a buy signal given by Citigroup the start of a recovery for financial institutions?...
(more)
Utilities Select Sector In Trading Range -- Paolo Pezzutti
An increase in volatility could initiate a new directional move....
(more)
TradeStation, A Potential Long Trade -- Mike Carr, CMT
This well-known trading platform and brokerage firm is trading at a price equal to less than the cash on its books, and is a technical buy....
(more)
June 13, 2008
Inside Days For USO -- Arthur Hill
While the long-term trend for the United States Oil Fund ETF is certainly up, an extended harami shows hesitation that could foreshadow a correction....
(more)
Using Sector Strength To Identify Buys -- Mike Carr, CMT
Relative strength offers traders a way to identify top-performing sectors, and exchange traded funds offer a way for investors to trade these ideas....
(more)
Homebuilders Headed South -- Alan R. Northam
The SPDR S&P Homebuilders Index has completed its corrective wave pattern, signaling that this index of homebuilders is now headed south....
(more)
June 12, 2008
Pep Boys Get Some Pep -- Arthur Hill
With a big move off support, Pep Boys Manny Moe & Jack looks primed for further gains and a challenge to the next resistance level....
(more)
June 11, 2008
Shanda Interactive: A Short Setup -- Mike Carr, CMT
With the market looking vulnerable, an online gaming company based in China is worth looking at as a short candidate....
(more)
June 10, 2008
Potential Short Squeeze In Jefferies -- Mike Carr, CMT
This investment bank may see at least a short-term rise if short-sellers are forced to buy in at current levels....
(more)
Schwab Holds The Breakout -- Arthur Hill
Charles Schwab Corp. is holding its resistance breakout with a consolidation, and traders should watch the consolidation highs for a bullish continuation signal....
(more)
June 09, 2008
DBC Fails To Hold Lifetime High -- Chaitali Mohile
The breakout leads the DB Commodities Tracking Index Fund to a lifetime high. The index slipped below the new high and the slide may continue on weak trend notes....
(more)
XRT Forms An Ending Diagonal -- Alan R. Northam
The SPDR S&P Retail Index is forming an ending diagonal corrective wave pattern, signaling that the retail index will continue to move lower in price once this corrective pattern is complete....
(more)
Bed Bath & Breakdown -- Arthur Hill
After failing at long-term resistance, Bed Bath & Beyond broke pennant support to signal a continuation of the May decline....
(more)
June 05, 2008
$NDX Resumes Bullish Path -- Chaitali Mohile
NASDAQ 100 formed a strong round bottom and the breakout has retraced to the previous support. The index is ready to begin its upward journey soon....
(more)
An Advance Block For The S&P 500 -- Ron Walker
The Standard & Poor's 500 is forming a head & shoulders top near the 200-day simple moving average. An advance block pattern is helping to complete the right shoulder....
(more)
June 04, 2008
Interest Rates Heading Higher? -- Mike Carr, CMT
With the Fed signaling that short-term rate cuts may have ended, the market is signaling that long-term rates are ready to rise....
(more)
Energy Select Sector Has Robust Breakout -- Chaitali Mohile
XLE shows the bullish symptoms to continue the upward rally by entering the new uptrend with a gap-up breakout....
(more)
$TRAN Sees Huge Selloff -- Chaitali Mohile
Entire gains of the early trading hours vanished by end of the day, and the Dow Jones Transportation Average may move flat further to the lower support....
(more)
XLF Starting Downward Spiral -- Alan R. Northam
The Financials Select Sector SPDR has now been in a downtrend for more than a year, but the worst is yet to come. XLF is on the verge of spiraling down as Elliott wave 3 gets under way....
(more)
June 03, 2008
The Developing Uptrend In IWR Seems Weak -- Chaitali Mohile
The Russell Mid-Cap iShares has weak indicators and slowly developing uptrend to pull bullish rally higher....
(more)
A Fragile Dollar Uptrend -- James Kupfer
The US Dollar Index recently created an upward sloping linear regression channel....
(more)
Seasonal Trading Strategy: Buy STZ -- Mike Carr, CMT
This stock has gone up more than 70% of the time in June, and it is a potential winner in the month ahead....
(more)
June 02, 2008
Google May Retrace Back To Support Zone -- Chaitali Mohile
The uptrend in Google is well developed and easily sustainable. Some minor twists suggest profit-booking for safe trade, as support can get retested....
(more)
Surprising Research On Mid-Caps -- Mike Carr, CMT
It is well known that small-cap stocks outperform large-caps over the long term. A recent analysis showed that mid-caps are actually the biggest long-term winners, and technicals support taking a posi...
(more)
Is USO Ready To Turn Lower? -- Alan R. Northam
USO has been in a bull market since 1999. However, there is a high probability of overhead resistance that could turn this fund downward for a selloff of as much as 62%....
(more)
...More Articles