Google (GOOG) and Apple Computer (AAPL) were leaders in the bull market from 2002-2007. It is a good idea to keep an eye on them as the leaders will turn before the general market. Continue reading
Entries Tagged as 'Stock Cycle'
GOOG and AAPL Show Continued Weakness
October 8th, 2008 2 Comments
Gold In Weak Position
October 6th, 2008 12 Comments
StreetTracks Gold ETF (GLD) shows price has made two runs at the 1×1 Gann angle. The first try did break through but price quickly lost momentum. The second try also failed with last week showing a large outside range bar to the downside. Continue reading
Tags: Gann Angle Fan · Gold
CHK Gives Back Entire Breakout Move
October 2nd, 2008 No Comments
Chesapeake Energy (CHK) has given up the all the gains of the breakout from the Oct05-Feb08 move. Price looks to me as if it will hit the upper right hand connect of the box which is at the Oct05 high. Continue reading
Two Stocks in Strong Position - Update
September 29th, 2008 No Comments
I posted the charts of two strong looking stocks at the end of July. I noticed that both remain is a strong position. One stock is a home builder and the other is a technology stock. Continue reading
Tags: Breakout · Double Bottom · Growth Stocks · MSCC · NVR
US Dollar Retracing Recent Move
September 24th, 2008 No Comments
The US Dollar (USD) began a long drop in 2001 after a big run up. Using that slope at the low in March shows the 1:1 Gann angle near $73 which is a 75% retrace of the short term move. Continue reading
Tags: Financials
Gold Update
September 23rd, 2008 No Comments
As an update to a post last week on gold, price remains at the 1:2 Gann angle but looks strong in the short term. Continue reading
Tags: Gann Angle Fan · Gold
Gold at 1×2 Gann Angle
September 19th, 2008 2 Comments
Gold has moved back to the 1:2 descending Gann angle. Price may stop here or move back to the 1:1 angle. Continue reading
Tags: Gold
Apple Computer Visits the 50/50 Point
September 17th, 2008 7 Comments
Another AAPL update as it has come close enough to the 50/50 point of the 2006-2007 range for me. Continue reading
Tags: AAPL · Gann Angle Fan · Market Cycles · Square of Range
RIMM Correction Complete?
September 11th, 2008 2 Comments
RIMM is in position to move higher after an A-B-C correction. Continue reading
Tags: A-B-C Correction · Elliott Wave Analysis · RIMM · Square of Range
Apple Computer (AAPL) Analysis Update
September 9th, 2008 8 Comments
It has been about a month since we looked at Apple (AAPL) so let’s look at an update. My previous guess was the AAPL was in a down trend until the 50/50 point on the intermediate term chart. September 21st is 50% of the time cycle and price is setup well at this time. Continue reading
Tags: AAPL · Gann Angle Fan
NVIDIA (NVDA) With Five Waves Down
August 28th, 2008 No Comments
NVDA has made 5 waves down from the high and currently sits on the 1:1 ascending Gann angle. Continue reading
Tags: A-B-C Correction · Elliott Wave Analysis · NVDA · Square of Range
Microsoft At Resistance
August 26th, 2008 No Comments
Microsoft (MSFT) is at resistance at the 1:1 Gann angle. Continue reading
Tags: Gann Angle Fan · MSFT · Square of Range
Monster (MNST) as a Employment Tell
August 21st, 2008 No Comments
Monster has not shown much strength since 2007 and is a big tell for employment. Once this chart starts making higher swings then the job market will most likely be in better shape. Continue reading
Tags: Square of Range
Oil and Gold Charts - Ready for a Bounce?
August 19th, 2008 No Comments
The Gold ETF (GLD) hit the 150 calendar day cycle yesterday and may be ready for a bounce. Crude could move back to the 50% retrace of the range of the move starting in 1999. Continue reading
Tags: Energy · Gold · Slope · Square of Range
Low Volume Consolidation in Progress
August 18th, 2008 No Comments
I read today that the next couple weeks are very low volume affairs. I guess everyone is shopping at the back to school specials. It sure looks that way according to the Aeropostale Inc (ARO) long term chart. Continue reading
Tags: Growth Stocks · Nasdaq Charts · Volume
Google (GOOG) Updated Range Square
August 14th, 2008 No Comments
Google (GOOG) is in position to move to 550-600. Continue reading
Tags: Gann Angle Fan · GOOG · Volume
Agriculture Stock Near the 1:2 Gann Angle
August 13th, 2008 No Comments
The Powershares DB Multi-Sector Commodity Trust Agriculture Fund (DBA) is nearing the 1:2 ascending Gann angle at the 50% price retrace. The Ag stocks have been under pressure for several weeks and are setup to bounce from here. Continue reading
Tags: A-B-C Correction · Gann Angle Fan · Price Retrace