Blog Post: 1,011 new yearly lows for US stocks on Thursday; I am so sorry for those well meaning but uninformed people who did not exit this market more than 9 months ago when the technicals signaled trouble. This quote from Jesse Livermore says it all.
[ad_1] “Finally there came the awful day of reckoning for the bulls and the optimists and the wishful thinkers and those vast hordes that, dreading the pain of a small…
Blog Post; 35 US new highs and 438 new lows; $INSW is one of 4 stocks at ATH, see daily chart of $INSW and how I evaluated it
[ad_1] I am writing this post to show my students a way to evaluate a company that comes to one’s attention because of strong technical action. TC2000 showed me that…
Blog Post: Day: Day 14 of $QQQ short term down-trend; Where is $QQQ likely to bottom? See how technical analysis could have helped you to avoid the $FDX debacle
[ad_1] Will QQQ stop at the June low or will it decline to the trend channel line (237.47) and former green line top or go further below? Note the above …
Blog Post: Day 13 of $QQQ short term down-trend; weekly chart of $DIA suggests re-test of last June’s lows; how to discern a market bottom–it’s easy with a weekly 10:30 chart!
[ad_1] Market could fall to last green line break-out at 295.87 (GLB) which occurred after the pandemic decline, in November, 2020. A decline below that green line could induce heavy…
Blog Post: Day 9 of $QQQ short term down-trend; 64 US new highs and 62 new lows; see list of 18 stocks at ATHs; analysis of $ENPH; critical week coming of $QQQ
[ad_1] Here are the 18 stocks on my IBD/MS watchlist that reached ATHs on Friday. They are sorted by Friday’s close/close 250 days ago. None of them have doubled. CEG…