August 08, 2008

Sears Holding Corp. Topping? -- James Kupfer

Sears is approaching a convergence of multiple factors that indicate it may be ready to resume its downtrend....(more)

Limiting Risk In China -- Mike Carr, CMT

The Chinese stock market is among the most volatile in the world. Yet an Internet stock may offer a conservative way to gain exposure to this market....(more)

NASDAQ Double Bottom? -- Alan R. Northam

The NASDAQ appears to be forming a double-bottom trend reversal pattern, but by a more detailed analysis, the future direction of this market still looks downward.
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Dollar Bottom? -- Mike Carr, CMT

While analysts have been calling for a bottom in the US dollar for some time, this time might be different....(more)

August 07, 2008

Apache Hits Support -- Arthur Hill

Apache Corp. declined sharply with the rest of the energy sector, but a bounce could be in the cards now that the stock is oversold and at support....(more)

S&P 500 Flagging For Help -- James Kupfer

The S&P 500 as well as the DJIA appear to be forming flag formations. What does this portend for the market?...(more)

Bearish Signals Point To New Lows For AIG -- Arthur Hill

After a very short oversold bounce, a host of short-term bearish indications surfaced on the AIG chart, and the stock looks like it is headed for new lows....(more)

August 06, 2008

A Big Support Break For GDX -- Arthur Hill

After forming a massive head & shoulders pattern, the Gold Miners ETF broke support to confirm the reversal and establish a long-term downtrend....(more)

Delta Forms A Bullish Pennant -- Arthur Hill

Delta Airlines surged in mid-July with a sharp advance on high volume. A pennant formed to signal a rest along the way, and traders should watch for a continuation breakout....(more)

Utilities Select SPDR Head & Shoulders -- Alan R. Northam

XLU has been in a bull market trend since 2002, but that trend looks to be ending with a head & shoulders trend reversal pattern.
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August 05, 2008

If the Bear Has Really Ended... -- Mike Carr, CMT

Early market leadership indicates small-cap value is the best area for new investments if stocks are headed higher....(more)

August 04, 2008

Can GME Continue The Rally? -- Chaitali Mohile

Gamestop Corp. is standing in strong support, waiting for the breakout. Will this rally establish the support and move ahead?...(more)

Exelon At Trendline Support -- James Kupfer

Exelon is sitting on a long-term trendline and may be ready to continue its trend....(more)

ExxonMobil Surges Off Support -- Arthur Hill

After a rather sharp correction from mid-May to July, ExxonMobil found support and surged on good volume. A little follow through would trigger a breakout....(more)

Silver Ready To Move Lower -- Alan R. Northam

Silver Standard Resources made a market top in late 2007 and has been trading lower this year. Over the last few months, SSRI has been in a narrow trading range that looks ready to break down and move...(more)

Is This The End Of An Era For GM? -- Koos van der Merwe

GM losses reach US$15.5 billion – is this the end of the American automaker?...(more)

Up Goes Titan Machinery? -- Koos van der Merwe

Titan Machinery represents a diversified mix of agricultural, construction, and consumer products dealership across much of the upper Midwest. Is it going up?...(more)

August 01, 2008

A Warning On American Express -- James Kupfer

American Express stands at a critical Fibonacci retracement level, but will it hold?...(more)

The Alarming Oil-Light Crude Move -- Chaitali Mohile

After a long rally, crude oil is consolidating and is ready for breakout. This breakout may lead to a bloodbath in global financial markets....(more)

A Double Bottom For Hovnanian? -- Arthur Hill

Hovnanian has a huge double-bottom pattern working over the last seven months and a high-volume surge off support points to a big resistance test ahead....(more)

July 29, 2008

Can RGNC Become A Strong Bullish Stock? -- Chaitali Mohile

RGNC has moved up from the descending triangle. But is this reversal breakout robust enough to climb back up to the bullish levels?...(more)

Big Blue Hits Major Resistance -- Alan R. Northam

IBM made a market peak in 1999, a price minimum in 2002, and has been in a recovery rally since. Now, however, IBM has run back up to its market price peak set in 1999 and may not be able to break out...(more)

Gold Tests The Breakout -- Arthur Hill

After returning to broken resistance with a sharp decline in July, the streetTRACKS Gold ETF formed a small consolidation, and there is a big test at hand....(more)

July 28, 2008

French Index Under Bearish Pressure -- Chaitali Mohile

French CAC 40 Index had a huge gap down followed by a bearish trading session. The gap down resistance may restrict the breakout....(more)

Book Profit With Addax Petroleum -- Chaitali Mohile

Addax Petroleum failed to establish support at 52-week highs. Profit booking might be a wise decision at this point....(more)

July 25, 2008

Comerica May Undergo Relief Rally -- Chaitali Mohile

Comerica is in an intermediate downtrend, and the highly bearish indicators suggest a relief rally could be under way....(more)

Pharma Index Shows Relative Strength -- Arthur Hill

While the market recently bounces off multimonth lows, the Amex Pharmaceutical Index is challenging resistance and showing relative strength....(more)

Picking Winners In The Present Market -- Koos van der Merwe

There are many programs in the marketplace that are designed to pick winners. Some work, others don't, but the expense outlay can be worth it. Below are three companies that could be winners....(more)

Betting On An Oil Rebound -- James Kupfer

With the recent drop in oil prices, is USO a good short-term buy?...(more)

July 24, 2008

Copart Forms An Ominous Wedge -- Arthur Hill

After a sharp decline in June, Copart bounced in July and hit a key retracement zone that could spell the end of the bounce....(more)

July 23, 2008

Is The Oil Uptrend Over? -- Alan R. Northam

USO has been in an uptrend since 1999, but it now looks like the upward trend is over and a sizable correction in oil is at hand, one that could drop the price of oil to as low as $53 per barrel.
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Apple Selloff Under Way -- Alan R. Northam

Apple has been in a bull market since 2003, but it now appears that this bull market ended at the end of 2007, and Apple could sell off to as low as $80 per share.
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Bank of America Charges To Resistance -- Arthur Hill

Despite an impressive surge over the last two weeks, Bank of America remains in a downtrend overall with resistance close at hand....(more)

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