Posts Tagged ‘ technical trading ’
The amount of damage done to stocks last week was quite impressive in such a short period of time. Over the course of the last five trading days, the S&P 500 shed 2.38%, adding to last week’s dismal performance.
It should come as no surprise then, that we see more long ...read more
How to Read the Market for Short-Sell Signals
Jul 6th, 2009 | By David Grandey | Category: Featured, Technical Analysis
What started out as a hopeful week for investors turned sour Thursday as the markets sold off, leaving investors running for the sell button. The Dow, NASDAQ, and S&P 500 all triggered short-sells last week. The Dow staged a 5-waves up pattern, and then sold off as shown in the ...read more
Be the First to Know When the Bull Dies
Jun 29th, 2009 | By David Grandey | Category: Featured, Investing Strategies, Macroeconomics, Technical Analysis
Many are suggesting that the recent bull market is over and the time to sell is here. Let’s let the charts do the talking…
The Dow Industrials MAY be in the process of forming a potential Head and Shoulders Top as shown below. A break of the green support line opens ...read more
Is It Time for Another Gold Rush?
Jun 22nd, 2009 | By David Grandey | Category: Featured, Technical Analysis
Looking at the index charts over the last few days, we've got some cross currents going into next week. While the daily charts show everything still intact and the Full Stohcastics being in the near to oversold zone with a lift off of Wednesday’s lows, we've still not made it ...read more
The Market’s New Trading Opportunities
Jun 15th, 2009 | By David Grandey | Category: Featured, Technical Analysis
If you just look at the daily closes on the indexes, one would conclude that the market is relatively healthy and is still providing opportunities to buy. But when you look at it from other perspectives, you could draw a conclusion that is much different.
You’ve seen charts of the market ...read more
Has the Market Rally Lost Its Steam?
Jun 9th, 2009 | By David Grandey | Category: Featured, Technical Analysis
When I look at the markets, I can't help but be reminded of the old Wendy's commercial -- where's the beef?
By that, I mean where are the good stocks that you can safely buy right now? Just look at some of the names below -- from a technical perspective, you ...read more
How To Trade In Tandem With The Market
May 26th, 2009 | By David Grandey | Category: Featured, Technical Analysis
On Wednesday of last week, the market staged a “negative reversal” as it found resistance at the place it formed a double top (often the first sign that a change in trend – from up to down – is near).
The market wasted little time as, on Thursday, the markets ...read more
Pullbacks Create Buying Opportunities
May 18th, 2009 | By David Grandey | Category: Featured, Technical Analysis
Last week, we talked about whether or not this sell-off in the markets is a constructive pullback off highs pattern or the start of something larger that will ultimately kill the rally.
Well, when looking at the charts of the indexes from a pure pattern standpoint, we see a nice, orderly ...read more
How to Trade an Extended Market
May 4th, 2009 | By David Grandey | Category: Featured, Technical Analysis
The further the market goes without some sort of healthy pullback increases the odds that when we do get one, it'll be fast and furious and feel like the apex of a rollercoaster.
But don't be afraid-- it will be a healthy occurrence. It brings the extended names back into line ...read more
Why It Doesn’t Matter if the Market Goes Up or Down
Apr 27th, 2009 | By David Grandey | Category: Featured, Technical Analysis
At the beginning of the year we talked a lot about focus and resolutions. With so much going on these days on both sides of the market we thought now would be a good time to review some of those key tenets.
To be successful in today's market, it all comes ...read more
