ChartWatchers

September 2009

ChartWatchers

As Risks Rise, Discipline and Stock Selection are Critical

by Tom Bowley

In a perfect world, we'd all invest every dime in winning stocks each and every trading day. Unfortunately, I haven't seen that kind of trading world yet. So as we approach each day, we must assess the risks in the market and determine an appropriate trading strategy... Read More 

ChartWatchers

LOWER PRICES AHEAD FOR XLY?

by Richard Rhodes

The insatiable need to own stocks has manifested itself in most S&P sectors, in which the Consumer Discretionary sector is doing far better than anyone can believe... Read More 

ChartWatchers

FALLING DOLLAR FAVORS FOREIGN STOCKS

by John Murphy

Arthur Hill reviewed some standard intermarket relationships on Thursday. One of the best known is the inverse relationship between the U.S. Dollar and commodity prices. That's why a falling dollar has had a bullish impact on commodity prices since the spring... Read More 

ChartWatchers

TRIALS AND TRIBULATIONS

by Chip Anderson

Hello Fellow ChartWatchers, We're taking a break from our on-going Technical Analysis 101 series to give you an update on the two disruptions that happened last week. I want to make sure everyone understands what happened and what we are doing to prevent it from happening again... Read More 

ChartWatchers

Breadth Remains Bullish

by Arthur Hill

With a surge over the last two weeks, the AD Line and AD Volume Line for the NYSE hit new reaction highs. The first chart shows the NYSE AD Line moving above its August highs with a sharp advance this month... Read More 

ChartWatchers

BULL MARKET RULES STILL APPLY

by Carl Swenlin

For weeks we have been looking for a correction, and a time or two we experienced some trepidation that the bull market might be over, but all the market has done is produce a series of minor pullbacks... Read More 

ChartWatchers

GOLD AND SILVER HAVE BIG WEEK

by John Murphy

GOLD TESTING ALL-TIME HIGH... Last Friday I wrote about the bullish potential in gold and gold shares. That optimism was based on two bullish chart patterns which are shown below. The first is the bullish symmetrical triangle shown in Chart 1 for the Gold Trust ETF (GLD)... Read More 

ChartWatchers

TECHNICAL ANALYSIS 101 - PART 12

by Chip Anderson

This is the next part of a series of articles about Technical Analysis from a new course we're developing. If you are new to charting, these articles will give you the "big picture" behind the charts on our site... Read More 

ChartWatchers

ON HIATUS THIS WEEK

by Richard Rhodes

Richard will return for our next issue... Read More 

ChartWatchers

CHINA MAY HOLD SOME CLUES

by Tom Bowley

China's Shanghai Composite index is swinging wildly in both directions, reminiscent of the 1999-2002 moves by the NASDAQ. From a long-term perspective, you can clearly see that trends in both directions have been exaggerated... Read More 

ChartWatchers

LOOKING BACK

by Carl Swenlin

I continue to get mail from people who question how it is possible to be bullish in the face of the worst fundamentals since the Great Depression, so I thought it would be useful to look at a chart of the 1929 Crash and the decade that followed it... Read More 

ChartWatchers

BONDS AND GOLD LEAD THE WAY HIGHER

by Arthur Hill

Intermarket analysis shows strength in bonds and gold, but weakness in the Dollar and oil. Strange days indeed. The Intermarket Perfchart below shows performance over the last sixty days, from June 11th to September 3rd... Read More