This move certainly isn’t a strong trend up. A four day retrace is not a good sign - but not the end of the world. The chart from the October 10th low shows somewhat of a cup-with-handle formation. Today was inside the second day of the retrace on lower volume. While not bullish, it does setup a bullish thrust (if that is what the market wants to do). Continue reading
Day Four Retrace of Six Day Swing
November 10th, 2008 2 Comments
Tags: Cup with Handle · Market Internals · Standard and Poor's 500 (S&P500) · Swing Charts
The NDX is Coiled and the RUT has Cup-with-Handle
July 29th, 2008 No Comments
The NDX is in a strong position while the RUT has formed an upside down cup-with-handle which is not bullish at all. Continue reading
Tags: Cup with Handle · Gann Angle Fan · Narrow Range · Nasdaq Charts · Russell 2000 Smallcaps · Volume
AAPL Looking Better in the Short Term
July 9th, 2008 No Comments
While I continue to be long term bearish, in the short term, AAPL is looking very bullish. Continue reading
Tags: AAPL · Cup with Handle · Gann Angle Fan · Growth Stocks · Price-Time Balance · Square of Range
PTV-Investing Top 100 Growth Stocks
June 21st, 2008 1 Comment
In general, the concept is to find the best fundamental stocks that have the highest relative strength and momentum. The list has worked well for me for me over the years. There are several fundamental calculations I use, but the main effort is to find the best Year over Year growth stocks with a ROE over 15. Continue reading
Tags: About · Cup with Handle · Growth Stocks
Weekend Outlook - 07Jun08
June 7th, 2008 17 Comments
I started out in the investing/trading world as a price and volume guy. Almost everything you need is in the price and volume. Continue reading
Tags: Accumulation Day · Breakout · Cup with Handle · Distribution Day · Market Outlook · Roadmap · Slope · Standard and Poor's 500 (S&P500) · Volume
SPX Cup with Handle in Correct Time Frame
April 25th, 2008 No Comments
If you look at the first chart in my public chart list you will see a good example of a bullish chart. The thrust up from March ended on April 7th. Price needed an equal amount of time to work off this move. Continue reading
Tags: Breakout · Cup with Handle · Growth Stocks · Square of Range