28FEB12Friday’s close on the 4hr/day/week/month charts were at the following fib levels: 1.618, 1.27, .786, and 1.13. The last, 1.13 is a new level I’m looking at. A twitter trader, @FractalHIS, has been pointing it out recently and I’ve se…
28FEB12Friday’s close on the 4hr/day/week/month charts were at the following fib levels: 1.618, 1.27, .786, and 1.13. The last, 1.13 is a new level I’m looking at. A twitter trader, @FractalHIS, has been pointing it out recently and I’ve se…
28APR12Apple AAPL had a good amount of range this past week. My thoughts last weekend before the earnings report is that the daily could make a 3drives down (bullish pattern in that the end result of the pattern is a bullish reversal) and looking…
When the CBOE made a push to expand interest in weekly options about two years ago, their efforts were initially met with a fair degree of skepticism. Over time, however, weekly options have found a dedicated following, with the CBOE “weeklys” grow…
Back in October 2007, sensing a little too much froth in the stock market, I created something I called the OHFdex, which began as a “watch list of Overripe High Fliers” and quickly evolved into an index designed to track 14 such stocks. When the m…
If a picture is worth a thousand words, then perhaps I can save quite a few keystrokes and maybe even a few tweets with the compendium below. This is a visual post, so I will keep my comments brief, except to note that the graphics below originate fro…
22APR12Below is a chart I drew last night, updated with candles since the open a few hours ago. The hourly candle currently hit the .786 retrace (red levels). Its move down was from the donut edge (.886 fib arc). On the…
Following my recent post on energy related companies and specifically on ConocoPhillips I have compiled a paper revisiting all COP models. Please follow the link to download the full text. ConocoPhillips’ share price model revisited Abstract Three ye…
22APR12A lot of selling recently has finally given this stock some movement for longer timeframe fibs and ichimoku. I haven’t trading this stock in almost a year. Did pretty well on an expiring weekly call, but also got burned a couple of t…
Lately it seems as if everyone with a keyboard is aflutter about the two weeks of selling in Apple (AAPL). I was about to label this a correction, but really, which is more correct: AAPL at 644 or AAPL at 582? How about the Topeka Capital Markets analy…