Notable
When the history books are written or market participants look at charts three months from now, the past two weeks may go down as the most important of 2012 – aside from how the US Read More …
When the history books are written or market participants look at charts three months from now, the past two weeks may go down as the most important of 2012 – aside from how the US Read More …
AGX Argan, Inc. MATERIALS & CONSTRUCTION – Heavy Construction ALJ Alon USA Energy Inc ENERGY – Oil & Gas Refining & Marketing WDC Western Digital Corp COMPUTER HARDWARE – Data Storage Devices DXPE Dxp Enterprises Read More …
Top growth stocks faltering and heavy sell volume means we’re likely to see the major averages test below their 50-day moving averages. It could be a temporary visit or potentially longer. We’ll watch to see Read More …
Let’s see if Zillow (Z) can break out of its base.
Pattern remains the same. Our Buyer’s Bias sticks as long as the major indexes trend above their major moving averages and we don’t see any serious sell volume. It’s a sleepy summer week. Heavy players Read More …
Major indexes are at a key juncture with 20-day moving averages crossing above 50-day averages. We’re looking for these averages to hold firm to remain bulls. Modest distribution has set in with some light volume Read More …
Never count the Bear out of the picture. Sure, we’re feeling bullish with breakouts succeeding and several accumulation days notched in. But a heavy sell volume day, like Thursday, gives us pause. Not quite enough Read More …
The S&P 500 tells us it’s on firm footing while holding above its 50-day moving average. And strong it is after notching in high buy volume for a Follow Through Day last Friday. We’re hanging Read More …
The major indexes appear to be on the Bullish track after noting in a badly needed heavy up-volume day Monday. We’ll expect to see a pause, or perhaps some tease of reversal as they come Read More …
We’ll consider the recent low good for a Long trade only if we get Follow Through in the form of high volume supporting a near 2% upward move in one of the major indexes.
We see Apple (AAPL) as pulling back to its 50-day moving average. This would put it on par with the broader market, with the major indexes all hitting their 50-day MA marks, just as we Read More …
Zillow (Z) pops out of its base, albeit with a couple warning bars of Distribution in it’s handle, which just might not mean a thing if it doesn’t run into anymore heavy sellers. That’s free Read More …