Wow - this week gave us some fascinating action on the US Stock Market indexes. Let’s look quickly at the state of the S&P (daily and monthly chart) and then take a peek at what I saw and commented yesterday on the Russell, ... Go to Full Article

Consumer staples (defensive sector) stock Johnson and Johnson has performed rather well in the current uncertain economic environment, as funds and investors have rotated into perceived stable sectors as of late. ... Go to Full Article

In a shocking past, DT regularly watched the soap opera General Hospital, and had a fabulous Barbie collection. If I remember correctly, Ken was his favorite. I would beg him to play Star Wars, GI Joe, or Matchbox cars with me instead, ... Go to Full Article

* Forex Trading Expo in Las Vegas - Just a quick reminder that I'll be delivering a keynote address at the conference on Saturday, September 13th at 8:45 AM. My topic will cover some of the themes from my new book and will illustrate ... Go to Full Article

I received an email which asked me if my prior post indicated that I turned bullish on the financials. One day's bullish action does not change the ugly mess on the daily chart below. With declining 10, 20 and 50 day moving averages I ... Go to Full Article

gapped higher at the open and overcame the recent resistance at 20.30. These stocks have shown a short term pattern of higher highs and higher lows today (see inset). With the inability of the market to break down below the important ... Go to Full Article

Nothing is so easy as to deceive one's self; for what we wish, we readily believe. ~Demosthenes, Greek Orator. Go to Full Article

Here is a HIGH RESOLUTION VIDEO DOWNLOAD for today. I was impressed with the report they send you when you sign up for a "free instant analysis" of a chart symbol. Go to Full Article

Good morning. Premarket trading suggests a positive day following news that Korea Development Bank is open to a potential acquisition of Lehman Brothers and oil prices pull back. In other news, negative comments by Goldman Sachs that ... Go to Full Article

We have had our first Blogger review from Alex Kirkland entitled "Charting from Zignals...Argh!". The review has a good demonstration video of an unusual 'bug', which has since been solved. As the title suggests it's not a glowing ... Go to Full Article

My Netvibes feeder has seen a drop in activity from some key financial blogs. Known early day casualties included Trader X amongst others, but the past 4 months have seen another swather of blogs go silent. Many without reason. ... Go to Full Article

* Tough Trading - Quantifiable Edges looks at the challenges of trading a choppy market environment; see the commentary also from Afraid to Trade. * No Decoupling in an Information Age - Excellent perspective from Paul McCulley, ... Go to Full Article

IPHS broke out in early August and is now developing a trading range between the breakout highs and lows. This has created a low risk set up. I would like to buy on a pullback to the $33-35 range with a target of $40 and a stop around ... Go to Full Article

As noted in my the setup post for the UTHR trade, I had placed my stop below the August 14th confirmation candle. I was stopped out today for a small loss. I highlight this trade because, frankly, it was not one of my better entries. ... Go to Full Article

Stock Chart Analysis NETL NetLogic Microsystems, Inc. (Public, NASDAQ:NETL) Add NETL to the list of cup and handle charts currently forming in the markets. One thing I like about this chart is while it hasn't cleared the overall cup and ... Go to Full Article