I forgot to check this yesterday but not surprisingly over 92% of the volume was to the downside in the Obama induced sell-off. Good to keep tabs on extremely heavy buying or selling. clipped from www.market-harmonics.com...
Read MoreOver the weekend I was browsing through “Technical Analysis of Stock Trends” by Edwards and Magee, and I found myself researching bear flags.I had noticed this pattern forming on the major indexes and had drawn the...
Read MoreThe $DJTA is near lows and the RSI is heading straight down. Looks destined to tag it’s major trendline support and then who knows. This chart has extremely bearish implications for the overall...
Read MoreI’m not a follower of IBD anymore just because it got to be to much trying to read that paper everyday and they used to pile up everywhere, but I did learn a lot from them. I’m pretty sure they’re going to be...
Read MoreTempleton’s 22 Principles For Successful Investing There is only one long term investment objective, maximum total after tax return. Success requires study and work. It’s harder than you think. Outperforming the...
Read MoreSimple but profound article by Janice Dorn. My stock world revolves around my trade plan, blog and those who contribute in the form of feedback, twitter, and my continued education in the markets. I was told that it takes about...
Read MoreOne sector that has been standing out in my scans is the Biotech sector. While the Biotech Ishares (IBB) still has some work to do with the chart before it’s breaking out to new highs, there are a number of stocks breaking...
Read More“Every morning in Africa a gazelle wakes up. It knows it must run faster than the fastest lion or it will be killed. Every morning a lion wakes up. It knows it must run faster than the slowest gazelle or it will starve to...
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