… but at this point, I do believe the coming correction will be a buying opportunity. The only thing that could change my mind is multiple high volume selling days based on deteriorating macroeconomic news. Right now...
Read MoreI was running some scans and education stocks jumped out at me as looking particularly weak, despite their last few days of gains. Let’s look at COCO, but you can look at any other stock in this sector (APOL, CECO, DV)...
Read MoreThe stock has been on cruising lately. It dropped after raising it’s guidance on the 9th and bounced right back and closed higher the next day. This is the type of action of leading stocks. While these stores creep me...
Read MoreSince I just talked about this stock last night and it broke out today I figured I’d review some characteristics of winning stocks and what to look for to ensure you have proper risk/reward. Palm had everything going for...
Read MoreTextbook reverse head/shoulder pattern here on Palm with the type of volume you want to see. Palm’s weekly chart is displaying nice relative strength and appears to be gearing up for a big move to the upside if I’m...
Read MoreI uploaded a couple of new e-books for you to view in the Free Resources area. James Allen’s inspirational “As a Man Thinketh” and Alexander Elder’s popular “Trading for a Living”....
Read MoreI noticed a surprising divergence in the upside/downside volume tonight. The total up volume accounted for 56% today with is odd given the declines on the averages. One would think with the magnitude of today’s selling it...
Read MoreOne market that is retaining it’s bullish character is the bond market. It’s been bouncing off a bullish trendline and staying above it’s 200 ma while digesting it’s big gains from the end of last year....
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