December 17, 2008
iShares Silver Trust Races For A Pennant -- Donald W. Pendergast, Jr.
After enduring a major multimonth bear market, iShares Silver Trust is forming a potentially bullish pattern....
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Solar Energy Update -- James Kupfer
After a significant fall in solar energy stocks, is this the time to go long?...
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Is The DJIA Starting A New Leg Up? -- James Kupfer
The DJ 30 appears to have started a new leg up. How much further might be left?...
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Is Silver Wheaton Making A Play? -- Koos van der Merwe
With US automakers holding out tin cups and former NASDAQ chairman Bernard Madoff alleged to have paupered his clients via a giant Ponzi scheme, we can understand why investors are scared to invest. H...
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A High Tight Flag For LNC -- Arthur Hill
After a sharp advance with big volume, Lincoln National formed a high and tight flag that acts as a consolidation before a continuation higher....
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December 16, 2008
High Volatility Makes GM A Purchase Possibility -- Donald W. Pendergast, Jr.
For aggressive traders who are hopeful of an eventual turnaround in General Motors, ultra-high volatility opens up the possibility of acquiring GM shares very cheaply very soon....
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Kinross Gold Has Short Strangle Op -- Donald W. Pendergast, Jr.
Option volatilities are still high, and here's an interesting trade setup in one of the gold mining industry's better-performing stocks....
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VIX In Double Jeopardy -- Ron Walker
The VIX, a contrarian indicator, measures the implied volatility of the S&P 500 index options and can be used for spotting turning points in the market. When it peaks, the stock market is near a botto...
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Betting On Bonds -- James Kupfer
Bonds have had a huge price spike over the last few weeks. Is there more upside left?...
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December 15, 2008
Cisco Opens Fresh Selling Opportunities -- Chaitali Mohile
Cisco has breached a head & shoulders neckline support. The stock has turned significantly weak as a result, and no bullish efforts can sustain....
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Emini S&P Rebound Could Continue -- Paolo Pezzutti
The breakout of the head & shoulders neckline at 900 would be an important indication for the continuation of the up leg....
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Anglogold Leading Gold Higher -- Mike Carr, CMT
As the price of gold seems to have found a bottom, some gold mining stocks have shown strength and are worth buying....
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December 12, 2008
Colgate Breaks After Volatility Contraction -- Arthur Hill
After going through a Bollinger band contraction, Colgate-Palmolive broke support to signal the start of a leg lower....
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Hewlett-Packard Hits Resistance -- Arthur Hill
After an oversold bounce the last few weeks, Hewlett-Packard is meeting resistance near a key moving average and an ominous chart pattern is taking shape....
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Energy Sector SPDR Undergoing Trend Reversal -- Chaitali Mohile
The Energy Select Sector SPDR has formed a descending triangle. Can the upward breakout of the bearish pattern sustain, indicating a major trend reversal?...
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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...
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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 ...
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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?
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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....
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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....
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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....
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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....
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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...
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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 ...
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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?...
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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....
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Breakout For Bristol-Myers -- Arthur Hill
A high-volume resistance break and relative strength point to further upside for Bristol-Myers Squibb....
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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?...
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The DJIA's RSI Divergence -- James Kupfer
The DJIA and other major equity indexes appear to be forming a bullish RSI divergence....
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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.
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Amazon Bottoming? -- Mike Carr, CMT
Amazon is showing signs of strength as the market shows signs of a bottom....
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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....
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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....
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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....
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