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The Chart Whisperer
Last week, markets were able to add to recent gains but just slightly. Volume was higher across the board for the indexes but action in individual stocks was less impressive. Increasing oil prices add to pressure at the pump and
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The markets were able to tack on another positive week, making three in a row since the brief pause we saw a few weeks back. That time political unrest within Egypt’s borders was the
Read More »The Chart Whisperer – 2/22/2011
The markets were able to tack on another positive week, making three in a row since the brief pause we saw a few weeks back. That time political unrest within Egypt’s borders was the
Read More »The Chart Whisperer
Another strong showing for the financial markets. Each of the major indexes continue to extend their gains marking the second week in a row after a brief consolidation. While this week’s gain came in
Read More »The Chart Whisperer – 2/7/2011
For the past few weeks I have urged caution due to a few hints of weakness here and there. Caution, not panic. A few bumps in the road don’t necessarily take you off course
Read More »The Chart Whisperer – 1/31/2011
The markets were jolted on Friday. Political unrest in Egypt seems to be the general consensus on the reason for the sell off. For the past two weeks caution has been a general theme
Read More »The Chart Whisperer – 1/24/2011
Last week I had mentioned the 10 day moving average line. A line I don’t offer refer to because of the short duration and the potential for mixed signals. I mentioned it because of
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The markets continue to travel the path of least resistance, currently in the upwards direction. Friday’s show of strength in higher trade confirmed that and the distribution count that I drew attention to with
Read More »The Chart Whisperer – 1/10/2011
After Monday’s pop in the indexes, sideways action followed with some signs of Institutional selling. We also were disappointed with the jobs report on Friday but October and November’s upward revisions calmed the markets.
Read More »The Chart Whisperer – 1/3/2011
2010 was a volatile year offering many opportunities regardless of your trading style. The NASDAQ was up 16.9%. The S&P was up 12.8% and the Dow added 11% for the year. Whether your methodologies
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