Wyckoff Power Charting

WFM Is Swallowed Whole

by Bruce Fraser

Whole Foods Market agreed to be acquired by Amazon.com, Inc. on June 16, 2017. This ‘disruptive’ move by Amazon.com roiled the retail stocks, which were already sagging badly. The price drops extended throughout the retail brick-n-mortar stocks... Read More 

Wyckoff Power Charting

More Pie. Bigger Sky!

by Bruce Fraser

In 2011 Dr. Hank Pruden published a remarkable Point and Figure chart study, which called for a new bull market in stocks. The horizontal PnF counting method, as applied by Dr. Pruden, revealed a price objective of 17,600 / 19,200... Read More 

Wyckoff Power Charting

Shorts Find TSLA Shocking

by Bruce Fraser

Tesla has just achieved a market capitalization that is larger than either Ford or General Motors. Currently Tesla manufactures just two different models (with a third on the way)... Read More 

Wyckoff Power Charting

Another Stupid Chart Trick

by Bruce Fraser

Time for another ‘Stupid Chart Trick’ (click here for a prior chart trick). I have counted about one zillion (this might be a slight exaggeration, but barely) Point and Figure chart formations... Read More