Tuesday, October 17, 2017

Author Archive

New Highs Coming in Market Indices

New Highs Coming in Market Indices

IWM is the ETF for the Russell 2000 Index.  The Russell is a leading indicator for the stock market, since speculative money tends to move in and out of small cap stocks first. Below is a Friday’s daily chart of the IWM.  Look at the beautiful parallel bullish channel that just bottomed with the recent […]

No Christmas Rally this Year

No Christmas Rally this Year

The last post analysis identified a symmetrical triangle pattern in the SPY (ETF for S&P 500).  This triangle was formed after a huge rally in the month of October.  All signs were pointed toward an upward breakout leading us into the end of the year with a nice Santa rally.  Well, symmetrical triangles can break […]

Christmas Rally Coming?

Christmas Rally Coming?

With the exception of more shockingly bad news on the European debt front, the chart pattern in setting up perfectly for an end of the year Christmas rally. After a huge pullback late spring and through most of the summer, the S&P 500 staged an incredible rally in the month of October. Then, the past […]

When is it Safe to Buy Stocks Again!

When is it Safe to Buy Stocks Again!

We have technically entered a bear market as defined by most leading chartists.  The criteria of a bear market is when the indices are trading below both their 50 day moving average and 200 day moving average AND the 50 day moving average has crossed down beneath the 200 day moving average. All the major […]

Perfect Timing on A Great Stock (BRCM)

Perfect Timing on A Great Stock (BRCM)

Today’s Company Invest pick is Broadcom (BRCM).  Broadcom is a very high quality Nasdaq stock.  This is an exciting pick.  Unlike many shorter term trades, this stock pick could be set up for a multi-week or multi-month hold here. BROADCOM PROFILE (BRCM) Broadcom Corporation designs, develops, and supplies semiconductors for wired and wireless communications. It […]

Perfect Timing on A Great Stock (BRCM)

Perfect Timing on A Great Stock (BRCM)

Today’s Company Invest pick is Broadcom (BRCM).  Broadcom is a very high quality Nasdaq stock.  This is an exciting pick.  Unlike many shorter term trades, this stock pick could be set up for a multi-week or multi-month hold here. BROADCOM PROFILE (BRCM) Broadcom Corporation designs, develops, and supplies semiconductors for wired and wireless communications. It […]

Platinum Could be Hot (PLG)

Platinum Could be Hot (PLG)

COMPANY INVEST STOCK PROFILE Today’s pick is a platinum miner in the metals and mining sector.  The company is Platinum Group Metals, Ltd (PLG). Platinum Group Metals Ltd. explores and develops mineral properties in Canada and South Africa, primarily platinum. It holds interests in the Western Bushveld Joint Venture, War Springs, and Tweespalk properties in […]

Recent Company Invest Stock Picks

Recent Company Invest Stock Picks

As mentioned in the last post, the S&P 500 is again in bullish mode, having flashed several buy indicators in the past week and a half.  And 3 out of every 4 stocks move along with the S&P.  Our job: Use technical analysis for the S&P 500 and company stocks in the hottest sectors to […]

Bulls Win! Market Now Bullish!

Bulls Win!  Market Now Bullish!

Even though we just ran an article about the market folling the bearish pattern of 2010, that pattern was busted today with a breakout on the Dow Jones Industrial Average ($INDU).  We are now in “buy ” mode once again and will be looking to get into stocks with good setups, or add to recent […]

History Repeating Itself? Technical Analysis for $SPX

History Repeating Itself?  Technical Analysis for $SPX

CURRENT $SPX ENVIRONMENT It has been quite volatile in the $SPX from the end of February until now.  There has been all kinds of unrest in the world in that short time period from the food cost riots in Egypt, to the unrest (and later military campaign) in Libya, to the disaster in Japan with […]

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