ChartWatchers September 16, 2006 at 10:05 PM
The Dow Transportation iShares (IYT) recovered nicely this week, but the ETF is meeting resistance from broken support and a little more work is required for an upside breakout... Read More
ChartWatchers September 16, 2006 at 10:04 PM
The S&P 500 Index is approaching new 52-week highs, but there is short-term overhead resistance immediately ahead, and our primary medium-term indicators are becoming modestly overbought. Does this spell trouble for the bulls? Probably not... Read More
ChartWatchers September 16, 2006 at 10:03 PM
Last week's commodity market decline was the most severe since 1980; which of course begs the question "is the correction over"? We don't believe that to be the case, as follow on selling will materialize taking prices far lower than one can believe... Read More
ChartWatchers September 16, 2006 at 10:01 PM
I've received a number of questions on the status of the four-year cycle. The stock market has shown a very consistent pattern of forming important bottoms every four years – usually during the fourth quarter... Read More
ChartWatchers September 16, 2006 at 10:00 PM
Hello Fellow ChartWatchers! OK, do I really need to write an article explaining this picture? Seriously, there are more than the proverbial thousand words in the chart above... Read More
ChartWatchers September 02, 2006 at 10:04 PM
After the decline that lasted from the beginning of May to mid-June, a second bottom was made in July, from which the current rally emerged... Read More
ChartWatchers September 02, 2006 at 10:03 PM
While many believe a "goldlilocks" soft-landing is forthcoming for the US economy; we think the probability of this occurring is rather small given the ongoing weakness in the housing market... Read More
ChartWatchers September 02, 2006 at 10:01 PM
It's very hard for the stock market to stage a major advance without help from the Nasdaq market. Fortunately, it's been getting some Nasdaq help since mid-July. The chart below shows the Nasdaq Composite gaining nearly 200 points (10%) since mid-July... Read More
ChartWatchers September 02, 2006 at 10:00 PM
Trend analysis is one of the most important technical analysis skills anyone can have. Knowing if a stock is trending or oscillating can have a big impact on what kind of approach you take to trading it... Read More
