Another frustrating week for the bears. Bears continue to pound their heads against the wall as nothing seems strong enough to take the markets down. Weaker-than-expected GDP did not even phase the markets much on Friday. With...
Read MoreReferencing the weekly homework and stock radar, I am highlighting a few of the charts below for potential trades in undervalued stocks. On the outside, it may look like Monday was a flat day in the markets, but the underlying...
Read MoreThe trend continues and bonds sold off this week helping fuel more upside gains in the stock market. As noted in last week’s homework, a weekly trend has developed in bonds as they strengthen one week only to sell off the...
Read MoreReferencing the weekly stock radar, I am highlighting a few of the charts below for potential trades. On better than expected China GDP data, the markets gapped-up with enthusiasm. The day was looking to be very bullish, but...
Read MoreOur first full week of the new year and even with some red flags, we ended the week slightly higher. The Europe crisis has shown its face once again and Friday saw a list of credit downgrades dominate the headlines all day long....
Read MoreOn 12/25/2011, I wrote about AAPL hitting $410 and $420 resistance areas several times in the past and then turned back down. See the post here. The following is an updated weekly chart, extending the support and resistance...
Read MoreReferencing the weekly stock radar, I am highlighting a few of the charts below for potential trades. We started out the day flat but when treasuries started to run higher, stocks started to pullback for much of the day. This...
Read MoreFor the first week of 2012, it was not a bad week at all. The action wasn’t overly impressive for the bulls, but considering most were expecting a pullback, the bulls held strong. The question everyone is pondering is...
Read MoreReferencing the weekly stock radar, I am highlighting a few of the charts below for potential trades. Bonds finally started to sell-off today and combined with the Santa Claus rally that historically has positive seasonality...
Read MoreA new year begins and 2011 is old news, regardless if it was good or bad. You must forget about it either way. If you had a bad year, learn from it and make 2012 better. If you had a good year, figure out why it wasn’t...
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