July 10, 2003
International Look at Indexes -- Gary Grosschadl
It's not hard to figure out who's leading the pack but are they leaders or going against the grain and due to expire?...
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Nexen Inc. Pulling Back to a Key Support Zone -- Kevin Hopson
Nexen Inc. has been on a tear after breaking out of a seven-month trading range back in May. Now that the stock has proceeded to pull back, I would look to accumulate shares at near-term support level...
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July 08, 2003
What Can Fibonacci and Candlesticks Tell Us About This Rally? -- Matt Blackman
It's been a good run since March 11 for the major indexes. They recently moved from overbought into oversold on the daily charts without the serious meltdown that many were expecting. Here is what two...
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Is Denbury Resources Breaking Down? -- Kevin Hopson
Bearish divergences on the chart and a recent close below the 20-day moving average could indicate further downside potential for Denbury Resources in the near-term....
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September Crude's 2B Test of Top -- David Penn
While the world waits anxiously for thousands of barrels of Iraqi oil to enter the market, this technical indicator suggests that cheaper oil may be coming--one way or the other....
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July 07, 2003
A Top in Transports? -- David Penn
How the Dow Transports handle a nearby resistance level might tell investors all they need to know about the resilience of this bear market rally....
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Boeing Cruises Down to Support -- Gary Grosschadl
Boeing apparently has found support at its 20-day exponential moving average....
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July 03, 2003
Oil Index Shows Possible Bottom Hammer -- Gary Grosschadl
After a very good run this index has retraced and now the previous bull run may resume....
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December Cotton's June Flag -- David Penn
A two-week pullback in cotton futures anticipates higher prices in the near-term....
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July 02, 2003
Swing Time for Currencies and Gold? -- Gary Grosschadl
Gold often swings with the US dollar and the Euro, and it looks like this dance may continue....
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CMGI Consolidated -- Koos van der Merwe
CMGI is a global internet operating and development company. Companies in the CMGI network span a range of verticle market segments including search and portals, e-business interactive marketing and i...
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July 01, 2003
Key Outside Reversal Rattles Bonds -- Arthur Hill
The long-term trend for the iShares 7-10 Year Treasury Bond Fund (IEF) remains up, but a key outside reversal week suggests further downside before a resumption higher is possible....
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Mixed Signals for Denbury Resources -- Kevin Hopson
Denbury Resources broke out of a long-term bullish triangle in May but now that the stock has proceeded higher, there are conflicting signs as to which way prices will move in the near-term....
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ExxonMobil Corp. Approaching Key Support -- Kevin Hopson
ExxonMobil Corp. recently broke out of a long-term triangle formation. Now that the stock has proceeded to pull back and key support is coming into play, a good buying opportunity has presented itself...
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Lexmark Starts Losing the Plot -- Arthur Hill
Lexmark (LXK) has been a stellar performer over the last few months, but a series of bearish divergences in a number of indicators suggests that a top is near....
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June 30, 2003
Throwback For Siebel Systems -- Gary Grosschadl
Siebel's recent bearish action has bullish overtones when taking a chart pattern into consideration....
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June 27, 2003
Coolbrands Revisited. -- Koos van der Merwe
On April 18, 2003 I submitted an article on Coolbrands (Is Coolbrands Cooling Down) I concluded 'I would suggest buying on any pullback...' Was I correct in my analysis?
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The Gold Bug and the Ascending Triangle -- David Penn
The triangle in the gold bugs index ($HUI) is the best thing going for gold bulls. But the index's bearish divergence with the MACD--along with a declining gold price--give plenty of pause for though...
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June 26, 2003
Island Reversal For Sun Microsystems (SUNW) -- Gary Grosschadl
A powerful topping pattern hits this high tech stock....
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Bombardier And Point And Figure -- Koos van der Merwe
When I first started trading the stock market back when, I looked around for a way to interpret charts as an addition to the fundamental analysis I then used. I discovered point and figure charting as...
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An Intermediate Double Top in September Wheat -- David Penn
After a short, sharp rally at the beginning of May, wheat futures are headed back down....
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The September Greenback's 1-2-3 Reversal? -- David Penn
With the world tilted toward expectations of a lower dollar, this trend reversal strategy will help tell a mere bounce from a real reversal in the greenback's fortunes....
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June 24, 2003
July Platinum's 2B Test of Top -- David Penn
Does a successful test of the May highs mean lower prices for platinum?...
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Have the Energies Had Enough? -- David Penn
Six-week trendline breaks to the downside and volume oscillators turning lower are among the factors that contribute to a bearish outlook on the energies....
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June 23, 2003
Coffee Grinding Down -- David Penn
After a rally in late spring, coffee futures are making new contract lows. What will it take for a turnaround?...
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The S&P 500 Weekly Chart -- Koos van der Merwe
Following up on my Nasdaq chart of the June 10th, where I suggested that the Nasdaq does look bullish, but with nothing cast in stone, here is a chart and analysis of the S&P500 index....
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Is Nasdaq Due For Retracement? -- Gary Grosschadl
Too many negative divergences to recent movement has this index due for a haircut....
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Falling Wedge Formation for the AMEX Oil Index -- Kevin Hopson
The AMEX Oil Index looks to be completing a falling wedge formation, which would indicate a potential upside breakout in the near-term....
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Oil Services Index Bounces of Key Support -- Kevin Hopson
The Oil Services Index bounced off key support in the 92-93 range last week. Though a further pull back is possible in the near-term, the long-term technicals point to higher prices down the road....
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Head and Shoulders Top in European Currencies -- David Penn
Look out below for the euro ... and the Swiss franc, too. Both of these alternatives to the American dollar appear headed for correction....
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