Chip Anderson

May 2010

Chip Anderson

A Big Thanks to the Calgary CSTA

by Chip Anderson

I had a great visit with the Calgary CSTA chapter last night and I wanted to thank everyone who attended for coming to listen to my presentation.  Also a big thanks to Greg Schnell and everyone else who helped make the event happen.  I had a wonderful time and I am looking forward to coming back at some point in the future. For those that couldn't attend here's one of the slides that I used.  It shows the relationship between the Bullish Percent Index for TSE stocks and the Bullish Percent Index of the NYSE over the past couple of years.   Read More 

Chip Anderson

On to Calgary!

by Chip Anderson

Look out Alberta, I'm heading your way! I'm looking forward to my upcoming presentation to the Calgary Chapter of the CSTA on Tuesday.  I greatly enjoyed my recent visits with investors in Portland, Phoenix and Dallas however my presentation in Calgary will be my first to Canadian ChartWatchers. Did you know that Canadian investors make up almost 20% of our total site traffic?  Did you know that Calgary is our second most popular Canadian city (behind Toronto and just ahead of Vancouver)?  Did you know that we have 9 hardy members that live in Canada's Northern Territories? Read More 

Chip Anderson

Adrift in Uncharted Charting Territory

by Chip Anderson

The big downward spike last Thursday has led to a lot of confusion among technical analysts.  Is Thursday's data correct?  Should it be removed?  Should it be adjusted?  etc. Here at StockCharts.com we are getting lots of questions from our users about the down spikes that Thursday has left on our charts.  Many people are asking that we remove those spikes because they are "obviously wrong." Well it's not that simple. We are trying very hard to "do the right thing" here but almost everyone agrees that this is uncharted charting territory.  Philosophically Read More 

Chip Anderson

Wild Day Leads to Wild Data

by Chip Anderson

Today's huge stock market swing is still being sorted out by the various stock exchanges.  That is leading to lots of cancelled trades and updated stock quotes.  We are trying to collect and post the most accurate data available right now, but it is hard and getting harder.  Please be conscious of the fact that the data on our charts may change over the next couple of hours.  We are at the mercy of the exchanges at this point. Read More