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Author: Jeff Pierce

Leading Stocks

These two leaders have corrected recently and look to challenge their old highs as long as the market remains it bull mode. Viewing charts in weekly mode can let you see the bigger picture and you always want to focus on...

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Asset Bubbles

clipped from www.financialsense.com Most people cannot imagine a future any different from the present. For many people, the coming changes will bring unexpected shock, inconvenience, trauma, or worse. By thinking about these...

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Stocks Above 50day

Granted, just about every indicator that suggests the markets are overbought have been utterly useless, it’s not going to stop me from pointing them out. Sooner or later reality is going to hit these markets…. 8...

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Earnings Drive Coal Stocks

Coal stocks had a big day on Friday driven by JRCC’s bullish earnings. In fact, JRCC has a massive volume day (5x normal) and on a weekly chart broke out of previous resistance on the price by volume bars(seen below)....

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Small Divergence

I noticed today that when the Dow made a new high for the year yesterday, that the Vix failed to make a new low. This makes for an interesting divergence that could be worth paying attention to as the markets are starting...

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Flu Could Derail Recovery

By Don MillerAssociate EditorMoney Morning The delicate state of the global economy could be rocked by an outbreak of swine flu, which has killed over 100 people in Mexico and infected many others in the United States, Canada,...

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Bearish on Bonds

First chart is a weekly of TBT showing some serious resistance that we overcame today with volume increasing. It was all Fed generated, so to be safe I’ll monitor the action tomorrow to confirm today’s...

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EW – Stock to Watch

Earnings driven move today could be the catalyst for this stock to break out to new highs. Volume today was 3x the 50 day moving average as investors clearly liked what they saw from...

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