September 15, 2003
IBM's $90 Curse -- Gary Grosschadl
IBM is still caught in a trading range, being repelled from $90 once again....
(more)
Things Are Going Better For Coke -- Andrew Hetherington
A large head and shoulders formation in the making gives a possible buy signal for those willing to take a risk....
(more)
Insider Sales Figures Tell A Troubling Tale -- Matt Blackman
The ratio of insider sales to purchases remained relatively steady in May and June. They started to creep up in August. In early September they went ballistic. What does it mean?...
(more)
SPY Flag -- Still Awaiting Confirmation -- Matt Blackman
On September 2, the chart pattern on the SPY broke out on higher volume giving a bullish signal. But the 102-support line was broken a week later. Until we see higher volumes and a sustained move abov...
(more)
September 12, 2003
A "GOLD"en Hope -- Koos van der Merwe
Yes, gold is on the way up, and I believe that it will break above $400 sometime in the future, and yes, it will be a very volatile ride up....
(more)
Yahoo: A Double Top In The Making -- Arthur Hill
Even though it is far from confirmed, the early signs suggest a double top for Yahoo. Yahoo (YHOO) and a host of internet stocks have been star performers over the last 9-12 months....
(more)
Put/Call Ratio On Target -- Koos van der Merwe
The put/call ratio is simply the number of put options contracts traded in a given day divided by the number of call options contracts traded that same day. The put volume divided by the call volume y...
(more)
September 11, 2003
Swing Low Swiss Franc -- David Penn
A bounce in the September Swiss franc may set up further declines....
(more)
September 09, 2003
Crude Oil Finally Cracks -- David Penn
A negative divergence sets up a sharply downward turn in crude oil futures....
(more)
SBC Works On A Bullish Reversal -- Arthur Hill
SBC traced out a falling wedge and has yet to reverse the current decline, but signs of a reversal are starting to appear....
(more)
Mediacom Moves Off Bottom -- Gary Grosschadl
Mediacom Communications breaks out of a low trading range but what comes next?...
(more)
Andrew Corporation Working On A Double Bottom -- Gary Grosschadl
The weekly chart shows this stock at a key level with upside implications....
(more)
Brigham Exploration's Triangle Breakout -- Kevin Hopson
Brigham Exploration has broken out of an eight-month bullish triangle formation, indicating higher prices ahead....
(more)
September 08, 2003
JDS Uniphase: A Lesson In Frustration -- Koos van der Merwe
JDS Uniphase is listed both in Canada and the U.S., with Canada its primary base. With the Canadian market faltering because of a slowing economy while the U.S. market is recovering far better than an...
(more)
Hewlett Has Been Revving Up -- Andrew Hetherington
In my previous article at the end of February I suggested that the small head and shoulders top pattern would have a pullback into the $17.00 area and then drop to the buy long position of $14.00. Th...
(more)
What Will Devon Energy Do Next? -- Kevin Hopson
Devon Energy looks to be forming a bullish triangle but the stock has little margin for error if higher prices are going to prevail....
(more)
Manhattan Associates Has Broken Out -- Andrew Hetherington
Watch to take a long position in this stock on the strength of a near-perfect ascending triangle....
(more)
QQQ Approaches Key Retracement -- Arthur Hill
Both the weekly chart and overall trend for QQQ are clearly bullish, but the retracement, pattern, and resistance-turned-support could spell trouble in the weeks and months ahead....
(more)
September 05, 2003
Break Out The Cigars - It's A Flag! -- Matt Blackman
August was a period of consolidation for the market. Two patterns were in the process of forming, one bullish and one bearish. Score one for the bulls!...
(more)
Revisiting Our Old Friend Juniper Networks -- Andrew Hetherington
Six months ago I wrote an article about Juniper Networks (JNPR). I examined the ascending triangle and prognosticated a breakout that came to fruition. In addition, I recommended caution since Junip...
(more)
Canadian Nickel Giant, Inco Ltd. At A Crossroads -- Gary Grosschadl
The world's second largest nickel producer is at a crucial point in its chart formation....
(more)
September 04, 2003
Will The S&P 500 Confirm The Recent Dow Thrust? -- Gary Grosschadl
The S&P 500 (SPX) needs to confirm the Dow's move above its recent trading range, otherwise the move is questionable....
(more)
What's Up With Cisco Systems? -- Andrew Hetherington
A triangle formation bodes well for higher prices in the near-term for Cisco....
(more)
Apache Corporation Testing Key Resistance -- Kevin Hopson
Apache Corp. has been in a steady uptrend for the last 10 months but is now approaching a key resistance level....
(more)
September 02, 2003
Pulte Advance to Make or Break Level -- Arthur Hill
The long-term trend for Pulte (PHM) is clearly bullish, but the daily chart shows a potentially bearish setup....
(more)
US Dollar And Euro Fighting Same Battle -- Gary Grosschadl
These big currencies often battle each other for supremacy, moving most times as mirror images....
(more)
Time To Buy Spinnaker Exploration? -- Kevin Hopson
Spinnaker Exploration looks to have completed the second wave of an uptrend, meaning that the stock should eventually take out June's high....
(more)
August 29, 2003
Nasdaq And Its Cycle: Is There A Joker In The Pack? -- Koos van der Merwe
Last week I discussed the Dow and its cycle, the week before, the S&P 100 index and its cycle. This week I am looking at the Nasdaq index, its cycle and other technical tools....
(more)
Bye, Bye Banks? -- David Penn
A head and shoulders top in the regional banks HOLDR suggests a correction is near....
(more)
Schlumberger Stalls At 50 -- Arthur Hill
Schlumberger broke double bottom resistance at 47 way back in May, 2003, but cannot seem to shake this level for good....
(more)
Comstock Resources' Falling Wedge And Trading Range Breakout -- Kevin Hopson
Comstock Resources broke out of a falling wedge formation earlier this month and has now broken to the upside from its recent trading range....
(more)
August 28, 2003
Clue Hunting Through Commitment Of Traders' Data -- Matt Blackman
Like any indicator, Commitment of Traders (COT) data has its followers. For those who know how to read between the lines, there is always an interesting story to be had.
...
(more)
Triple Top Or Flag? -- Matt Blackman
No matter which way you believe it is headed, from both a fundamental and technical perspective, the market is at a critical juncture....
(more)
Natural Gas: Another Look At The Top -- David Penn
Was the summer correction in natural gas only the beginning of an even deeper descent?...
(more)
Is Berry Petroleum Preparing To Break Out? -- Kevin Hopson
Berry Petroleum continues to be stuck in a trading range but the technicals point to higher prices down the road....
(more)
August 25, 2003
Gold & Silver Index Could Be Topping Out -- Kevin Hopson
The Gold & Silver Index has been chugging higher the last several months but the technicals are indicating a potential reversal in the near future....
(more)
A Head And Shoulders Bottom In Natural Gas -- David Penn
Countertrend bounce or new bull market, natural gas is poised to move higher....
(more)
Microsoft Makes Two Big Breaks -- Arthur Hill
A symmetrical triangle breakout on the weekly chart and falling wedge breakout on the daily chart point to higher prices for Microsoft....
(more)
Zarlink Semiconductor May Be Fighting An Uphill Battle -- Gary Grosschadl
This Canadian semiconductor stock has been enjoying a rising trend but what is the bigger picture revealing?...
(more)
Dow Likely To Test Downside Support -- Gary Grosschadl
The candlestick formations, tweezer top and bearish engulfing pattern, have the Dow primed for some downside action....
(more)
Will Fannie Mae Bounce? -- David Penn
A major test of the lows looms for mortgage finance titan Fannie Mae....
(more)
...More Articles