Les and Simon are a couple of “Stock Capitalists” that scour thru literally hundreds of stock market related sites, newsletters, e-mails, blogs, etc… and “siphon” out great ideas, quotes, recommendations, and stock market related information. They have been trading the stock market for more than 20 years and offer some of their insight and best articles of interest.
In my previous blog post ‘Dow gets close to Feb lows’I mentioned we were due for an oversold reversal. This was a strong move up today so i’m thinking this could be the trigger day. I’m really waiting for the DOW to cross it’s 20 period moving average on it’s 6 month chart, with a [...]
We had another large selloff on the DOW today bringing us back close to February lows. Dow also closed below the 200 day moving average. I know i’ve been warning this market is overbought for the last couple months with some of the articles i’ve posted… but my feeling is that we get some massive [...]
Here is a great website for identifying chart patterns on a specific stock.
go to www.finviz.com and type in your favorite stock.
You will see that it displays the trend lines, and any chart patterns associated with the stock to aid in technical analysis.
Check it out!
Great artice by Chris Rowe. Based on this i’m lightening up a few of my bearish positions and hedging with some bullish ones.
“If you’re like me and just about every trader/investor I know in the market right now, you’ve been looking at one “false market signal” after another, one “whipsaw” after another, and one “head [...]
Last week, 11%of all stocks (net)on the New York Stock Exchange broke through support levels, putting them on sell signals.
I’ll make the importance of this event very simple.
All you have to understand is that, if a stock declines and breaks through a key level, the stock is much more likely to continue lower (because the [...]
Just a quick market caution… i received a report that as of yesterday morning the New York stock exchange bullish percent index has reversed to “O’s”, meaning that the sediment has changed from a “bullish” stance to a “bearish” stance and the bears have taken control of the market.
The last time this happened was in [...]
Just a quick note… recieved an alert that the NYSE BPI Reversed to O’s and supply has taken control! This means that there is a high probablility that the market will reverse into a downward trend again.
Sometimes these are false alarms… but still it warrent’s proceeding with caution.
MARKET WARNING
This is not hype or sales pitch. It’s a FACT. The market could very easily — and probably will — (what every investor would have considered, by historical standards) crash! When we managed money on WallStreet through the ’90s and halfway through the 2000s, this is the kind of market we would lick our [...]
Special thanks to my friend Alan for turning me on to this one.
“The chart of volatility compared to put call ratio is interesting also andcan also be compared back to 1999 to see similarities with where we are today and what this chart looked like at end of Oct 2002, when bull market started.”
CLICK HERE
Enjoy!!
[...]
Before the Internet and books and training courses and other resources that we have readily available today to enhance our trading profits, charting has been used for investing and trading for hundreds of years. Charting market transactions is very similar to charting human emotions such as greed, fear, ignorance and hope. These human emotions have [...]
These Emini’s trade 24 hours… so here is a cool trick. If you look at this s&p 500 Emini at about 7:00 am… you can see if the market will likely open either up or down based on where it’s trading. That way you can prepare yourself for your trading strategy!
Click Here for Chart
You can [...]
What i get out of this recent and very important email by Chris Rowe at The Tycoon Report is:
The long term trend is still down (or bearish)
The intermediate term trend is up (or bullish), and even with the recent sell yesterday, internal market indicators thell us that demand is still in control.
Read the Article
Enjoy
[...]
Special thanks to M.G. for forwarding this video!
Click for Video
Enjoy!
Last week we looked at P&Fcharts and went over the basics — how they work and how to read them.
Today we’re going to dig a little deeper and look at buy and sell signals, support and resistance, and bagels and lox. (Just wanted to see if you were paying attention!)
P&Fcharts are excellent for determining support [...]
The most popular posts, which you select, appear here. This is a way of getting those old classics you wrote out of the dusty archives.
