I went to my neighborhood IBD meet-up last night and we spent a lot of time talking about Internet stocks. Investors who buy breakouts were excited about Facebook, but there are other stocks in the sector that offer a...
Read MoreSuccess in the market is all about being prepared in advance vs. being a deer in a headlights when the market decides it wants to pullback. While the indexes continue to pullback, leading stocks continue to...
Read MoreWOW! A breakout of a base let’s BUY BUY BUY right? Not so fast. Before you just get impulsive look at the chart below that really shows today’s breakout action. As you can see, you had all of about 30 seconds to pick...
Read MoreOver the weekend, we addressed the news from Spain. But we didn’t obsess about the news itself — instead we talked about how we were going to use REACTIONS to the news in the indexes to form our game plan to profit...
Read MoreWe’ve shown you how to profit from short-sell set-ups the past two weeks. But the next pattern that will yield profits in the near future is the Coming Up The Right Side Of The Cup pattern which we’ll talk about and...
Read MoreAs we go through the charts of the daily indexes and individual names we see a lot of Pullback Off Lows (POL) patterns emerging. Much like in uptrending markets Pullback Off Highs (POH) patterns are the only pattern you need to...
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