October 08, 2004

Oil Stocks And Oil -- Chris Manuell

Recently, three big US-based oil companies demonstrated candlestick reversal patterns at the same time. What's that signify?...(more)

Why Oil Service Stocks Are Still The Place To Be -- Kevin Hopson

Until investors become more optimistic on oil services stocks, this group has higher to go....(more)

Profiting With Nortel Using Point And Figure And The Horizontal Target Count -- Koos van der Merwe

In analysis of stocks today, point and figure analysis is rarely used. Yet if used correctly, it is very helpful. Here is a chart of Nortel and my analysis techniques using the strategies I teethed on...(more)

October 07, 2004

Silver: Up For The Downstroke? -- David Penn

With a completed breakdown from a rising wedge, silver has moved to multimonth highs. Does that make it time to turn bullish?...(more)

Two Gold Stocks, Two Breakouts, And Two 52-Week Highs -- Arthur Hill

Gold stocks have shown good strength over the last few weeks and months, but two in particular stand out from the crowd....(more)

The Nikkei's Potential Triangle -- Chris Manuell

The Japanese financial markets are a technician's ideal stage. The Nikkei is no exception and is currently manifesting a symmetrical triangle formation....(more)

October 06, 2004

Next Resistance For The NASDAQ 100 Shares -- Kevin Hopson

The NASDAQ 100 shares have overcome several short-term obstacles....(more)

Crude Oil Trying To Overcome Key Resistance -- Kevin Hopson

Will a potentially bullish consolidation pattern finally lead to a break of key resistance?...(more)

Unisys And The Three White Soldiers -- Arthur Hill

After basing and underperforming over the last three months, Unisys (UIS) is starting to show signs of life....(more)

PPH And The Three Bears -- Arthur Hill

Three bearish patterns point to further weakness in the Pharmaceutical HOLDRs (PPH)....(more)

October 05, 2004

From Flat To Zigzag -- David Penn

How the rule of alternation warned bears of a sharp reversal near the end of September....(more)

Dow Theory And The September Highs -- David Penn

Another nonconfirmation to the upside keeps the question marks in place....(more)

The Dollar's Triangle Breakdown -- David Penn

If you found yourself missing the glory days of greenback gloom and doom, then have I got a symmetrical triangle for YOU!...(more)

October 04, 2004

Keep Your Eye On The Moving Target -- Kevin Hopson

Target's significant bottom reversal and potentially bullish trading range could point to higher prices ahead....(more)

Bullish Engulfing & Rising Window In Libbey -- Chris Manuell

Libbey has endured a steady downtrend since July, punctuated with a high-volume collapse, down 14% on August 17. Bulls appear to be mounting a challenge, with a couple of candlestick patterns emerging...(more)

IBM: Head & Shoulders, The Sequel -- Chris Manuell

IBM continues to develop characteristics that suggest it is attempting to arrest the slide from this past February, and price activity in the coming days could qualify its trend....(more)

September 30, 2004

Biomira Inc. -- Koos van der Merwe

Biomira Inc. is a biotechnology company specializing in immunotherapy and organic chemistry for the development of cancer therapeutics. The company's commitment to the development of products for the ...(more)

Big MO's Double Bottom: 2B Or Not 2B? -- David Penn

Declines in September test lows were established in May. Will a lack of downside followthrough spell a reversal and double bottom for shares of Altria Group?...(more)

Biovail (BVF) Hints At Upleg -- Gary Grosschadl

Biovail's stock has been battered over the past year due to missed financial targets, regulatory investigations, and revelations that its chairman-CEO had sold millions of his Biovail shares....(more)

Terra Nitrogen And The Evening Star Formation -- Chris Manuell

Terra Nitrogen, which produces and distributes nitrogen fertilizer products, has appreciated 88% since October 2002. But a major candlestick formation has emerged to stall that rally....(more)

RF Micro Devices's Chart Shows An Upleg Developing -- Gary Grosschadl

This Nasdaq-traded stock may be working on a large double bottom pattern. If so, attractive upside targets may present themselves....(more)

September 29, 2004

Hammering Out A Potential Double Bottom With Wal-Mart -- Chris Manuell

Wal-Mart completed a powerful candlestick reversal pattern, the hammer, on September 23, 2004, which was reinforced by the fact that it marked a rejection of yearly lows at 51.08 from August 9....(more)

Down Goes Disney! -- David Penn

Big volume on a 2.5% down day does not bode well for the guardians of the Magic Kingdom....(more)

Vodafone On Hold -- Arthur Hill

Wireless behemoth Vodafone (VOD) has rallied sharply since late July and is closing in on an important resistance level that could make or break the current rally....(more)

Thunder Energy Long-Term View -- Gary Grosschadl

With oil markets heating up again the past several weeks, many traders are looking at oil stocks....(more)

Phelps Dodge -- Wave Five Unfolding? -- Chris Manuell

As a major industrial commodity, copper is linked to the economy and the stock market. As a result, copper producer Phelps Dodge should be able to guide market participants....(more)

September 28, 2004

Is Honeywell International Ready to Break Down? -- Kevin Hopson

Is Honeywell ready to resume its long-term uptrend or will the short-term bears sink the stock price?...(more)

Orange Juice's Triangle Triumph -- David Penn

A few thoughts on the perfection of imperfect chart patterns as orange juice futures rally to new highs....(more)

Defying The Divergences -- David Penn

Everybody hates drug stocks. But for weeks, the pharmaceutical HOLDRS resisted succumbing to repeated negative stochastic divergences. At least, until now....(more)

Ivanhoe Mines Climbing Higher? -- Gary Grosschadl

After a parabolic rise in share price in 2003 ($3-$15), this mining play (gold and copper) had a severe correction back down to $5. Now it appears to be in play again....(more)

September 27, 2004

A Material World -- Arthur Hill

While the Materials SPDR (XLB) is challenging its 2004 highs, the world's leading aluminum company, Alcoa (AA), is consolidating well below its 2004 high. Is this a buying opportunity for Alcoa or a s...(more)

Ceramic Protection Corp. Is Profiting -- Koos van der Merwe

One small company is profiting from the war in Iraq....(more)

Bollinger Band Signal Brewing On The Nasdaq -- Arthur Hill

The Nasdaq advance since mid-August is beginning to stall out and the index is on the verge of a Bollinger Band sell signal....(more)

September 24, 2004

Outlook For JDS Uniphase Still Bearish -- Arthur Hill

Despite what appears to be a four to five month base for JDS Uniphase, the outlook clearly favors the bears....(more)

The Return Of How The Dollar Gets Its Groove Back -- David Penn

Will a positive stochastic divergence in September result in a rally in U.S. dollar futures?...(more)

Back To The August Lows? -- David Penn

Failing new year-to-date highs in the Industrials, the next Dow theory event could well be a test of the August lows....(more)

September 23, 2004

Is Cocoa Ripe For Collapse? -- David Penn

A summer rally breaks up the monotony of an 18-month bear market. But are further declines ahead?...(more)

Is Intel Setting Up For Another Leg Down? -- David Penn

Follow-through to the downside in this leading semiconductor stock could mean an especially bearish October for Intel....(more)

Gold & Silver Index -Ascending Triangle -- Chris Manuell

Gold is a widely followed and important commodity in the financial market jigsaw puzzle. While a popular trading vehicle in its own right, it also has a strong inverse relationship with the US dollar....(more)

NYSE Composite Outperforms Nasdaq -- Arthur Hill

The Nasdaq advance since mid-August may seem impressive on an absolute basis, but the real strength resides in the NYSE Composite....(more)

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