October 04, 2007
Bounding Into Resistance: Positive Divergences Send December Natural Gas Higher -- David Penn
Positive divergences in both the MACD histogram and the stochastic anticipated a move higher in natural gas futures in October....
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Lexmark Resumes Upward Track -- Chaitali Mohile
After forming a strong bottom, the security is set to move toward its old highs....
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Semis Are Lagging -- Arthur Hill
The Semiconductor Index did not participate in the September rally, and relative weakness is a bad omen as we head into October....
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October 03, 2007
Consumer Staples Select Sector Surges To Previous High -- Chaitali Mohile
XLP is heading toward new highs....
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A Breakout For Constellation Brands -- Arthur Hill
After breaking triangle resistance with a big surge, Constellation Brands is on the verge of breaking another resistance level to confirm an inverse head & shoulders pattern....
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October 02, 2007
Sprint: New Technology Not Paying Off So Far -- Paolo Pezzutti
The communications company plans a huge investment to implement a new technology to access the Internet....
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September 28, 2007
December Crude Crosses The Line: New Highs And Negative Divergences -- David Penn
A strong bull market in 2007 took December crude to levels not seen since August 2006. Is it time for crude to come in?...
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Ballard Power Systems Struggles With Bottom -- Gary Grosschadl
Over the last four months this alternative energy play has tested a bottom three times. Is this third time charmed?...
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September 27, 2007
S&P Chemical Index Breakout -- Chaitali Mohile
The long consolidation phase ends up with an encouraging breakout in the S&P Chemical Index....
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Time To Book Profits In Cisco -- Chaitali Mohile
A rising wedge formation and a triple-top resistance in two different time frames may spoil the party in Cisco. Profit-booking may be wise at this stage....
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BCRX Likely To See Further Downside -- Chaitali Mohile
The huge gap down has moved Biocrystal Pharmaceuticals below the support area, and weak breakout on the Health Care Select Sector Index may result in further downside....
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Breakout In GNK Fails -- Chaitali Mohile
Genco Shipping & Trading Ltd. formed a strong bullish continuation pattern, but the breakout turned sideways....
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A Cup-With-Handle For Intel -- Arthur Hill
Intel formed a bullish continuation pattern over the last two to three months, and a breakout would signal a continuation of the long-term uptrend....
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Pediment Exploration -- Koos van der Merwe
Are you an inveterate, addictive explorer? Here is a stock you could explore with success....
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Lilly Winds Up For The Pitch -- Arthur Hill
Eli Lilly has been consolidating since early June and the coil is winding ever tighter ahead of an impending breakout....
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September 26, 2007
Watching The Divergences: Picking A Short Point In The December T-Note Rally -- David Penn
Waiting for a confirming close can make all the difference between getting whipsawed and getting rewarded in the market....
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Beat The Breakout: Histogram Patterns Anticipate The Move Higher In High-Grade Copper -- David Penn
Wouldn't you rather already be long when the market breaks out?...
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MmM Pattern Breakout In December Silver Sends The Precious Metal Higher -- David Penn
A confirmed close serves as confirmation for a BOSO setup to the upside as well as a similarly bullish setup in the MACD histogram....
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A Stochastic Breakout In December Coffee: Better Late On The Break Than Never -- David Penn
A BOSO play in the stochastic helps traders climb on board a fast-moving market post-breakout....
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Dow Jones Utility Average Waits For The Breakout -- Chaitali Mohile
The Dow Jones Utility Average has narrowed its move with a smaller range and increasing uncertainty in market. The positive divergence provides an optimistic view....
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Alcatel-Lucent Has Vertical Fall -- Chaitali Mohile
ALU slipped faster with three gaps down. The return journey could begin soon, according to oscillators....
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A Support Test For THQI -- Arthur Hill
THQ Inc. is testing support from its prior low, and traders should be on guard for a bounce and a potential double bottom....
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Yahoo! Gaps Off Support -- Arthur Hill
Yahoo! had a rough summer, but the stock found support from last year's low and a gap-up kick started a breakout on good volume....
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The Falling US Dollar -- Koos van der Merwe
The darkest scenario of the past few years for the world has been a falling US dollar. How much farther?...
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September 19, 2007
PpP Patterns And The MACD Histogram: Soybean Meal Makes Its Move -- David Penn
A bullish pattern in the MACDH develops just as the December contract closes over its 50-day EMA, signaling an opportunity to the upside in bean meal....
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2B Bottoms And Positive Divergences: Cotton's August Bounce Buoys Commodity -- David Penn
A 2B bottom in the second half of August is confirmed by positive divergences, sending December cotton soaring into September....
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Trading Turns Quiet At Starbucks -- Arthur Hill
Trading in Starbucks has turned quiet the last few weeks, and traders should watch for a break from the current trading range for the next directional clues....
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An Oversold Breakout For Wachovia -- Arthur Hill
The long-term trend remains down, but Wachovia became oversold and a recent flag breakout suggests more room to the upside for this bounce....
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September 12, 2007
Overbought Breakout Sends Bean Oil Toward Contract Highs -- David Penn
A MmM pattern in the MACD histogram hints at a buying opportunity as December bean oil rallies into September....
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Sun Finds Some Java -- Arthur Hill
Sun Microsystems surged over the last four weeks and broke some key resistance levels to reverse a six-month downtrend....
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September 11, 2007
Not So High On The Hogs: Divergences And Breakdowns In The October Contract -- David Penn
Negative divergences in the stochastic and the MACD histogram anticipated a late summer correction in lean hog futures....
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A Cocoa Pop? Positive Divergence And Seasonal Trends -- David Penn
A positive divergence in the MACDH anticipates the seasonal "September rally" in cocoa futures....
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Russell 2000 Is Underperforming -- Chaitali Mohile
$RUT failed to overcome the bearish force even during a pullback rally in the entire market. Now we're likely to see its previous low....
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Apple Struggles Near Support -- Chaitali Mohile
A strong technology stock like Apple, Inc., can go jittery when volatility returns to the NASDAQ Composite....
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September 10, 2007
Time Warner Is Bottoming Out -- Chaitali Mohile
TWX moves in range under certain resistance; in addition, NYSE Composite holds onto the strong support of the moving average, and adds to the strength of the lower range of the security....
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A Gann Look At The S&P 500 -- Koos van der Merwe
Financial events of the past few weeks have suggested that the US economy is headed for a recession. What do Gann charts have to say about it?...
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September 07, 2007
Bearish mMm Pattern Breaks The Greenback/Swissy Down -- David Penn
A break below support at the 50-day EMA and a confirming close make for a lower USD/CHF....
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