August 20, 2004

Merck and Company (MRK). . . What's Happened? -- Andrew Hetherington

The long-term trend for Merck and Company has been in jeopardy since it broke through its support line in December of 2001. What is the new outlook for this company?...(more)

Fedex's Hourly Head And Shoulders Top -- David Penn

What do you do when a pattern absolutely, positively has to be a reversal?...(more)

August 19, 2004

Juniper Networks (JNPR). . .What Is The Right Strategy? -- Andrew Hetherington

Juniper Networks (JNPR) is in the midst of confusion. There is a struggle between supply and demand with the supply side winning at this point....(more)

Lehman Treasury Bond Fund Bumping Up Against Key Resistance -- Kevin Hopson

The Lehman Treasury Bond Fund has rebounded nicely off of its May low but is the rally over?...(more)

If On An Intraday Correction A Divergence ... -- David Penn

How much of a surprise was the August 16th "surprise" rally?...(more)

UPS Forms Bearish Failure Swing -- Arthur Hill

UPS has been one of the top market performers, but waning volume and momentum could foreshadow a reversal....(more)

August 18, 2004

Gold Stock Looking To Bounce -- Gary Grosschadl

Many gold stocks are looking anemic but this Canadian gold company is due for an upleg attempt as suggested by this chart....(more)

August 17, 2004

UnumProvident Breaks Triple Top -- Arthur Hill

A recent recovery and PnF breakout point to higher prices down the road for UnumProvident....(more)

An Update On The Precious Metal Bullish Percent -- Kevin Hopson

The precious metal bullish percent continues to hover below the 30 percent level. As such, the sector has yet to give a buy signal....(more)

Small Caps Testing Important Support -- Arthur Hill

Small cap stocks, which led the market higher in 2003, are testing an important support level that could hold the key to the overall market....(more)

August 16, 2004

A Closer Look At
"A Developing Depression. . .Not A Boom" -- Koos van der Merwe

The above article appeared in the March 2004 issue of "Technical Analysis of STOCKS & COMMODITIES," by Robert R. Prechter and Peter Kendall....(more)

General Motors: A Leading Indicator? -- Koos van der Merwe

It is often said that General Motors (GM) is the Dow, and where GM goes, the Dow is sure to follow....(more)

Introgen's (INGN) Reversal Attempt -- Gary Grosschadl

Introgen Therapeutics recently established a 14-month low and is now attempting a reversal....(more)

What Happened To Hewlett-Packard? -- Andrew Hetherington

The last time I wrote on this equity it had a very nice head and shoulders bottom reversal pattern. I was anticipating it to go higher over the long-term, but. . . things change. The time to sell lo...(more)

For Feeder Cattle Futures Who Have Considered Cup With Handle Patterns When The Rally Wasn't Enuf -- David Penn

Has the bull market in cattle futures run out of steam? A look at the hourly chart of October feeder cattle suggests not....(more)

Imclone Systems (IMCL) From A Long-Term Perspective -- Andrew Hetherington

The long and the short of it for Imclone....(more)

Why Rowan's Breakdown Could Create The Ultimate Buying Opportunity -- Kevin Hopson

Rowan recently breached key support around the $23.00 level but the long-term technicals still point to higher prices....(more)

The Diamond In Lincoln National -- David Penn

Does the diamond top in Lincoln National anticipate broader weakness through the insurance industry?...(more)

August 13, 2004

Forecasting Boeing Turbulence -- Gary Grosschadl

Boeing's stock price has held up very well in the midst of recent market pain and high oil prices but this trader sees likely turbulence ahead....(more)

NYMEX Gas Making A Decision Soon -- Jason Braswell

NYMEX natural gas is hovering over a confluence of support, both long- and short-term. All signs point to a modest rise very soon, and unless long-term resistance can reign in the rally, it will like...(more)

Silver Futures Bottom Out After A Massive Fall -- Ashwani Gujral

Silver fell by 40% in April 2004, and then formed an accumulation pattern. If it breaks out above 6770, it should see a target of 7470. With the uncertainity in global markets and the terror alerts, ...(more)

Treasury Diamonds Are Forever -- David Penn

How much longer will long rates trend lower?...(more)

Lonesome Oil -- David Penn

Oil prices are rocketing to new highs nearly every day. So why aren't the oil stocks going along for the ride?...(more)

Gold Likely To Remain Sideways -- Ashwani Gujral

Gold seems to be in a $60 range for the foreseeable future, with both the daily and weekly charts showing weak trends. As long as there are the opposite pulls and pushes from interest rate hikes and ...(more)

Honeywell Is A Diamond In The Rough! -- Andrew Hetherington

Honeywell (HON) is definitely on the move higher, but the question is when to jump into a long position while the general market conditions are short. Examining the monthly, weekly and daily charts w...(more)

Catch 1-2-3 -- David Penn

Yahoo (YHOO) makes a 1-2-3 trend reversal, gapping down all the way....(more)

August 12, 2004

Toronto (TSX) In Trouble? -- Gary Grosschadl

The Toronto Stock Index (TSX) has been safely above its 200-day exponential moving average for the past 15 months. Now it's being tested with a recent close below that mark....(more)

Lucent Technologies Making A Slow Move Down -- Andrew Hetherington

A head and shoulders points to downside for Lucent Technologies....(more)

Nasdaq Composite Breaks Down From A Bearish Pattern -- Ashwani Gujral

The Nasdaq composite broke down from a bearish head and shoulders pattern on both the daily and weekly pattern. It has returned from the upper end of its weekly range to continue trading in a consolid...(more)

Pulte Plays with Double Top -- Arthur Hill

The homebuilders have been leading the market for some time, but signs of distribution are starting to surface in one of the leaders....(more)

August 10, 2004

Oil Services Not Impressed With Oil -- Arthur Hill

While oil exceeded its March high with ease, the Oil Service HOLDRS (OIH) is having a little more trouble and meeting resistance from its March high....(more)

Is Natural Gas Ready For A Bounce? -- Kevin Hopson

Natural gas has corrected significantly since the May high but prices could be due for a bounce in the near-term....(more)

Dr. Resistance And Mr. Support -- David Penn

After breaking down from an intraday triangle, prices rallied back toward the breakdown point in a classic example of support turning into resistance....(more)

Research In Motion -- Koos van der Merwe

BlackBerry - those popular wireless handlends. Anyone who has one is quick to whip it out as a status symbol. What do the charts tell us?...(more)

The Volatility Index Continues To Point To Lower Stock Prices -- Kevin Hopson

Despite last week's sharp correction in the equity market, current volatility levels do not indicate a significant bottom in the S&P 100....(more)

August 09, 2004

July Insider Update -- Matt Blackman

For the month of July, insider selling fell to the lowest level in more than a year. It was the largest July decline in seven years. What does it mean?...(more)

Gone With The Triangle -- David Penn

That's the answer. The question? Where did any hope of a week-ending rally in the $OEX go?...(more)

Oil And Gas Stocks Approaching Key Support -- Kevin Hopson

The Oil Services Index and AMEX Oil Index could be due for a bounce....(more)

Bearish Candlesticks Point To Reversal In JB Hunt -- Arthur Hill

Even though the broader indexes have been weak in 2004, truckers just kept on trucking. However, recent bearish candlesticks point to resistance and a reversal for JB Hunt (JBHT)....(more)

August 05, 2004

A Bearish Trading Range For The Nasdaq 100? -- Kevin Hopson

The Nasdaq 100 shares have bounced off the $34.00 level several times the past year but the current consolidation pattern may point to a break of support here....(more)

Bel-20 Bucks The Trend -- Arthur Hill

Despite weakness in French and German stocks, the Belgian stocks are finding a bid as the Bel-20 breaks symmetrical triangle resistance....(more)

IBM Forms Yet Another Rising Flag -- Arthur Hill

IBM remains in a downtrend punctuated by rising flags and the stock looks ripe for yet another continuation lower....(more)

The Head And The Shoulders -- David Penn

The market sold into the Democratic national convention and rallied during and out of it. Does the hourly head and shoulders top in the $OEX mean that a similar market move will take place in advance...(more)

August 04, 2004

Return Of The Son Of Denying The Divergence -- David Penn

A double negative divergence signaled a market top in June. Will another double negative divergence signal another top in August?...(more)

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