July 16, 2003

Nike Loses a Shoe -- Arthur Hill

Nike failed to recover from the 27-Jun gap down and the evidence points to further weakness....(more)

July 15, 2003

Nortel Network is Moving Higher -- Andrew Hetherington

Technicians love it: A bottom reversal pattern without any complications....(more)

Foundry Networks Has Turned the Corner -- Andrew Hetherington

Foundry Networks (FDRY) has bottomed just like most of the other networks. However, they all haven't had the same "pop" as Foundry. This equity rocketed off its bottom of $4.08 in October, 2002 and...(more)

The Nasdaq's "Don't Look Back" Breakout -- David Penn

A breakout beyond and test of resistance at a 20-day high signals more upside ahead for the Nasdaq....(more)

CMGI Begins Its Breakout -- Andrew Hetherington

As many as three different patterns can be found on CMGI's chart, all pointing to a sizeable move up....(more)

July 14, 2003

Apache Corp. on the Verge of Breaking Out -- Kevin Hopson

Apache Corp. looks to be completing a bullish triangle formation, indicating a potential break to the upside. However, I would wait for confirmation before jumping in....(more)

What's Up With Lucent? -- Andrew Hetherington

Lucent Technologies (LU) bottomed on October 11, 2002 at 0.55 cents. Since that time it bounced up as high as $2.75 on May 29, 2003. Of course, all equities have come way off of the bottom, but some...(more)

Sycamore Networks Has Seen the Light -- Andrew Hetherington

Like so many other stocks, Sycamore Networks (SCMR) has bottomed out. A 7-month bottom reversal-ascending triangle has formed on their daily chart with perfect volume on the creation of the pattern....(more)

S&P 500 Upside Targets -- Gary Grosschadl

The weekly chart shows upside potential....(more)

July 11, 2003

Dim View For General Electric -- Gary Grosschadl

This widely followed bell weather stock has trouble ahead if it dips below $28 and this is why....(more)

10 Year T-Note Yield Approaches Key Resistance -- Arthur Hill

The recent rally in interest rates (decline in bonds) looks explosive, but the long-term downtrend remains intact as resistance nears....(more)

Bombardier Makes a Strong Move -- Gary Grosschadl

Canada's builder of planes, trains and recreational products has surged past the $5 mark with some conviction but it's a long way back to the old highs of $25....(more)

A Different But Feasible Elliott Count for the Nasdaq -- Koos van der Merwe

As I have written before, Elliott wave analysis is far more obvious after an event than before an event. Forecasts using wave analysis to predict future movement in the market are always interspersed ...(more)

SPX: Triple Bottom Breakout or Belated Retracement -- Arthur Hill

Even though the recent resistance break at 965 is technically bullish, SPX is starting to get overbought and stalling around 1000....(more)

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?...(more)

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...(more)

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...(more)

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....(more)

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....(more)

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....(more)

Boeing Cruises Down to Support -- Gary Grosschadl

Boeing apparently has found support at its 20-day exponential moving average....(more)

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....(more)

December Cotton's June Flag -- David Penn

A two-week pullback in cotton futures anticipates higher prices in the near-term....(more)

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....(more)

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...(more)

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....(more)

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....(more)

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...(more)

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....(more)

June 30, 2003

Throwback For Siebel Systems -- Gary Grosschadl

Siebel's recent bearish action has bullish overtones when taking a chart pattern into consideration....(more)

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