September 18, 2003

Are Hogs Headed Higher? -- David Penn

A mid-summer double top leads to a late summer double bottom as the rally in lean hog futures continues....(more)

The Jean Coutu Group -- Koos van der Merwe

The Jean Coutu Group (CA: PJCA) is the second largest drugstore chain in Canada and the eighth-largest in North America, with 311 pharmacy stores in Quebec, Ontario, New Brunswick, and 332 Brooks phar...(more)

September 16, 2003

How High Can the S&P 500 Index Go? -- Kevin Hopson

The S&P 500 broke out of two-and-a-half month trading range early this month, indicating the potential for higher prices in the near-term....(more)

Toward A Temporary Yield Top? -- David Penn

A late summer consolidation in 10-year Treasury yields may point to a long, waited-for bounce in government long bonds....(more)

Weekly Nasdaq Hits The Wall -- Gary Grosschadl

The strongest reason for the overall markets to stall can be found on this weekly chart. If The Nasdaq stalls here and stumbles, the others will likely follow....(more)

The Bank Index Fails To Confirm Dow -- Gary Grosschadl

The Philadelphia Bank Index is a broad financial index that usually mirrors the Dow....(more)

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)

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