July 25, 2012

Xerox Setting Up For A Bullish Reversal? -- Donald W. Pendergast, Jr.

Shares of Xerox Corp. are in a near-term downtrend but may be approaching a key support and/or reversal zone soon....(more)

More Bearish Omens? -- Matt Blackman

Stock markets around the globe have been looking increasingly unhealthy in July. Here are some chart patterns that will interest the technical savvy searching for confirmation....(more)

PENDY'S PICKS: July 25, 2012 -- Donald W. Pendergast, Jr.

The .OEX pulls back a bit more on Tuesday, July 24, rebounding from the intraday lows by the close of the session....(more)

July 24, 2012

Walgreen's, Express Scripts Agreement Propels Breakout -- Donald W. Pendergast, Jr.

Traders and investors liked the news of Walgreen's agreement with Express Scripts so much that they boosted Walgreen's share price by nearly 12%....(more)

Market Challenges Are Not Limited To Politicos In Europe -- Matt Blackman

As the situation in Europe continues to deteriorate, there are signs that stock market challenges are not limited to bumbling politicians in that area alone....(more)

PENDY'S PICKS: July 24, 2012 -- Donald W. Pendergast, Jr.

Despite a deep intraday pullback, the .OEX staged an afternoon rebound as higher-degree cycles provided support....(more)

July 23, 2012

Honeywell Price And Volume Breakout -- Donald W. Pendergast, Jr.

Shares of Honeywell International leaped higher on Wednesday, July 18, with a massive volume increase to boot....(more)

PENDY'S PICKS: July 23, 2012 -- Donald W. Pendergast, Jr.

The .OEX pulls back on Friday, confirming a smaller-degree cycle high is now in place....(more)

July 20, 2012

GILD Raff Buy Signal And Pennant Breakout -- Donald W. Pendergast, Jr.

Shares of Gilead Sciences have just broken out of a multimonth triangle/pennant formation, receiving the benefit of a Raff MarketSpace Stock system buy signal in the process....(more)

PENDY'S PICKS: July 20, 2012 -- Donald W. Pendergast, Jr.

The .OEX continues with bullish follow-through, having now made a higher close in four of the last five trading sessions....(more)

July 19, 2012

Monsanto's 30-Month High -- Donald W. Pendergast, Jr.

Shares of Monsanto are up by more than 90% since July 2010 and are now trading at prices not seen since January 2010. Can this long-term uptrend continue?...(more)

PENDY'S PICKS: July 19, 2012 -- Donald W. Pendergast, Jr.

The .OEX continues to follow through in the wake of last week's bullish reversal....(more)

Cabela's Inc. Ready For A Breakout -- Chaitali Mohile

Cabela is a stock to watch. The potential bullish breakout is likely to attract many traders....(more)

July 18, 2012

JPMorganChase Bullish Reversal Takes Root -- Donald W. Pendergast, Jr.

After experiencing a sharp decline earlier this year, shares of JPMorganChase appear to be on the verge of making up even more of those losses....(more)

PENDY'S PICKS: July 18, 2012 -- Donald W. Pendergast, Jr.

The .OEX begins to follow through in the wake of last week's bullish reversal....(more)

The Fundamental Disconnect -- Matt Blackman

The technical versus fundamental argument has been around almost as long as the stock markets. But here is a reality that fundamental efficient market hypothesis devotees will be hard pressed to expla...(more)

July 17, 2012

Amgen Has Another New High -- Donald W. Pendergast, Jr.

Shares of Amgen are trading at the highest levels since early 2007, offering a low-risk covered-call setup for conservative traders....(more)

Simple Strategy Says To Buy The Dollar -- Mike Carr, CMT

While the direction of a trend can be dictated by difficult-to-understand economic concepts, there is a simple trend-following strategy that works and doesn't require any complex knowledge of economic...(more)

PENDY'S PICKS: July 17, 2012 -- Donald W. Pendergast, Jr.

After a wide-range reversal day on Friday, Monday's action in the .OEX was rather tame as short-term profit takers held back another daily gain....(more)

July 16, 2012

Apple Inc. Cycle High Soon? -- Donald W. Pendergast, Jr.

Shares of Apple Inc. rebounded nicely over the past eight weeks, but is the stock descending to the mid-$500 price zone?...(more)

PENDY'S PICKS: July 16, 2012 -- Donald W. Pendergast, Jr.

As expected, the .OEX and .SPX experienced substantial, bullish reversals after testing key support levels....(more)

Aruba Networks Remains Favorite Stock -- Chaitali Mohile

Aruba Networks has plunged below the important support levels....(more)

July 13, 2012

Major Cycle Low In Place For IEZ? -- Donald W. Pendergast, Jr.

Having endured a major correction since late February 2012, shares of the iShares oil equipment/services ETF may be at or near a major multicyle turning point....(more)

Two Long-Term Holds In Telecom -- Koos van der Merwe

The Internet and wireless business is growing exponentially, and here are two stocks that may be worth a long-term look....(more)

PENDY'S PICKS: July 13, 2012 -- Donald W. Pendergast, Jr.

With the 610.00/611.00 support holding up, which way now for the .OEX?...(more)

July 12, 2012

A Covered-Call Play For MRK? -- Donald W. Pendergast, Jr.

After breaking free from a long-running trading range, shares of Merck and Co. have gone on to make a new high....(more)

PENDY'S PICKS: July 12, 2012 -- Donald W. Pendergast, Jr.

The .OEX manages to find support near a key price level; meanwhile, gold miners take a real beating....(more)

Ford In Fresh Downtrend -- Chaitali Mohile

A bearish breakout of Ford Motor would initiate a new downtrend....(more)

July 11, 2012

Analyzing Stocks In Strong ETFs -- Donald W. Pendergast, Jr.

The 13-week relative strength of major ETFs versus the broad stock indexes reveals some interesting dynamics at work....(more)

Is It Time For Netflix? -- Koos van der Merwe

On June 25, I wrote that we should look at Netflix as a possible buy. Now may be that time....(more)

PENDY'S PICKS: July 11, 2012 -- Donald W. Pendergast, Jr.

With support at 618.00 having failed, the .OEX may now test the 610.00 area before turning higher....(more)

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