Wyckoff Power Charting

February 2018

Wyckoff Power Charting

Bonds Get Clipped

by Bruce Fraser

As stocks have been getting roiled over the last two weeks, bonds have been somewhat overlooked. Bond prices began dropping in December 2017, and possibly contributed to the weakness in stock prices weeks later. It has been about a year since we have looked at treasury bonds. What are they indicating now, and could they impact the future direction of stock prices?                                (click on chart for active version) A monthly vertical chart illustrates the secular Read More 

Wyckoff Power Charting

AAPL Pie

by Bruce Fraser

Apple, Inc. has been an endlessly illuminating Wyckoff Method case study during this bull market advance. The ascension of AAPL demonstrates the power of large institutional sponsorship. The top echelon of this sponsorship is what Wyckoffians call the ‘Composite Operator’ (C.O.). The footprints of the C.O. can be identified in the vertical price charts. The objective is to determine the motives of the C.O. (from the price chart) and then to interpret when the stock is ready to emerge into a phase of markup (or markdown). AAPL has been an instructive case study for us as it has very large Read More