December 11, 2008

Elliott Third Wave In Progress For DROOY -- Donald W. Pendergast, Jr.

Gold and silver mining shares are now leading the markets in terms of 13-week relative strength. DRDGold Ltd. appears to be forming an Elliott third wave, which may carry this stock significantly high...(more)

Three White Soldier Candlesticks For S&P 500 -- Ron Walker

Over the years, candlestick patterns have proven to be a reliable source of information, giving advanced warning when reversals were about to transpire. Candlesticks have many strong patterns, but it ...(more)

Checking Out Retail -- Alan R. Northam

XRT made a market low in mid-November 2008 and has been rallying higher over the last month. Is this rally a market correction or the beginning of a new bull market trend?
...(more)

December 10, 2008

Newmont Mining: A Rising Weekly Cycle -- Donald W. Pendergast, Jr.

With gold stocks moving higher again, Newmont Mining, one of the the world's mining giants, is signaling a daily-based swing trade, a setup enhanced by a rising weekly price cycle....(more)

Aqua America Close To A Buy? -- Donald W. Pendergast, Jr.

Aqua America, one of the strongest stocks in one of the strongest industry groups, is getting close to a buy setup as it pulls back in a strong uptrend....(more)

High-Volume Surge For Broadcom -- Arthur Hill

Broadcom surged off support with high volume and looks poised to break its 50-day moving average for the first time since August....(more)

December 09, 2008

ORH: Superior Relative Strength Vs. Broad Market -- Donald W. Pendergast, Jr.

Here's a look at Odyssey Re Holdings, the strongest stock in the strongest industry group compared with the New York Composite Index....(more)

Betting On Crude Oil, With Favorable Odds -- Donald W. Pendergast, Jr.

On December 5, 2008, front-month crude oil closed below $41, the lowest price in nearly four and a half years. Does the bear market in oil have more downside, or is selling an out-of-the-money put a r...(more)

December 08, 2008

A Trend Is A Trend Until It Isn't -- Ron Walker

The trendline is the fulcrum of power, and the longer it lingers on a chart, the stronger it becomes. The current intermediate downtrend has proved to be a stumbling block to the bulls time and again ...(more)

Is Kensey Nash Ready To Surge? -- Chaitali Mohile

Kensey Nash has been in a robust downtrend for more than three months. Will the oversold stock resume the bullish rally, or is it forming a strong bottom?...(more)

December 05, 2008

ACIW Loses Momentum At Resistance -- Arthur Hill

After bouncing back to broken support, ACI Worldwide formed a bearish candlestick pattern and the MACD turned lower. This all suggests that resistance will hold and that the stock is headed lower....(more)

Breakout For Bristol-Myers -- Arthur Hill

A high-volume resistance break and relative strength point to further upside for Bristol-Myers Squibb....(more)

Which Daisy Do You Pick? -- Koos van der Merwe

The bear is dead but the corpse has yet to be buried, and the daisies on the grave have still to grow. When they do, which is the daisy you should pick?...(more)

The DJIA's RSI Divergence -- James Kupfer

The DJIA and other major equity indexes appear to be forming a bullish RSI divergence....(more)

December 04, 2008

Intel Under Pressure -- Chaitali Mohile

The rally in Intel Corp. failed under the key resistance levels on the intraday charts, but the long-term movement could decide future price action.
...(more)

Amazon Bottoming? -- Mike Carr, CMT

Amazon is showing signs of strength as the market shows signs of a bottom....(more)

A Harmonious Relationship: HMY and XAU -- Donald W. Pendergast, Jr.

Harmony Gold Mining, one of the better-performing gold stocks in the Philadelphia Gold and Silver Index, may have fairly low-risk trade setups going for both long- and short-term traders....(more)

December 03, 2008

Zenn Motor Co. Worth A Look -- Koos van der Merwe

The stock of this Canadian-based company, which develops small, all-electric vehicles, may bear some examination....(more)

With IEO, Calculated Bet On A Technical Rally -- Donald W. Pendergast, Jr.

With crude oil off by $100 since its all-time high and natural gas cut in half, some technicians believe a technical relief rally is all but inevitable for the energy sector....(more)

December 02, 2008

The DJIA's Moment Of Truth -- Arthur Hill

After a sharp four-day rally, the Dow Jones Industrial Average is nearing resistance, and the moment of truth is approaching for the bulls....(more)

Bond Yields Headed Lower -- Arthur Hill

The 10-year Treasury note yield broke long-term support to confirm a bearish continuation pattern that points to sharply lower yields over the next few weeks and months....(more)

Playing Both Sides Of The Gold Market -- Donald W. Pendergast, Jr.

For traders who are unsure of market direction, selling high-volatility, deferred-month options can be an interesting and potentially profitable alternative....(more)

December 01, 2008

Gold Outperforming Crude By Wide Margin -- Donald W. Pendergast, Jr.

Though each of these inflation-sensitive commodities has fallen from their respective highs, gold is outperforming crude oil by a wide margin....(more)

Archer Daniels Midland: Momentum Vs. Resistance -- Donald W. Pendergast, Jr.

Will strong overhead Fibonacci resistance turn ADM back down, or will the power of an established trend power right on through the barrier?...(more)

The DJIA's Divergence And Descending Triangle -- Ron Walker

The DJIA's descending triangle may turn sour if the bulls continue to thrust prices higher above key areas of resistance. However, prices could be extending their pullback....(more)

November 26, 2008

Financial Select Sector Completing Final Leg Down -- Alan R. Northam

XLF has now completed all the Elliott wave rules and guidelines for the completion of the ABC zigzag market correction. The financial market could be on the cusp of a new bull market.
...(more)

Commodity Update -- James Kupfer

Are commodities finally a buy?...(more)

Enerplus Resources Fund: Three Chances to Gain, Modest Risk -- Donald W. Pendergast, Jr.

For those still bullish on the North American oil and gas sector, Enerplus offers a chance to profit in three ways....(more)

Torrential Toronto TSX300 Index Troubles -- Koos van der Merwe

How long till the bottom?...(more)

November 25, 2008

Technically Challenged Cameco Yields Option Opportunity -- Donald W. Pendergast, Jr.

After an 80% plunge in five months, Cameco's inflated option premiums may offer creative profit opportunities for traders and investors....(more)

Royal Gold Outperforming Its Peers -- Donald W. Pendergast, Jr.

Gold is back, screaming upward in the wake of even more government bailouts, which many believe will lead to much higher inflation in the years to come. Royal Gold is the leader of the pack in the gol...(more)

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