There were some interesting signals that showed up this week in the markets. I’ve outlined a few of them for you in this very short educational video:
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Equity Oracle: 09/07/2012
As you can see from the weekly candle chart of General Electric, the price closed exactly at the resistance high. The volume for this week was slightly higher, indicating that the buyers are showing more interest at the higher price levels, but we still have to wait for the breakout before we buy the stock. Watch this week’s video »
Equity Oracle: 08/31/2012
It’s hard to find a buy candidate when you are expecting a pullback in the general market but this is one that is showing enough positive signals to warrant a long position in the stock. The price action on Thursday closed with a bullish engulfing pattern on strong volume which suggests the buyers are moving in. This bullish engulfing […]
MARKET INSIGHT DATED 8/25/12
The market reports that I’ve been sending out have been extremely accurate. Last week I raised the caution flag for the market and the market dropped just like I said it would. The link above will give you some insight to the activity we expect to see next week. Click below to view the very […]
Equity Oracle: 08/22/2012 (Part 2)
Agilent has a price to earnings ratio of 12.87. This tells us the earnings are fairly strong at these price levels. It’s feels good when the fundamentals match up with the technicals, so I think it’s a buy at these levels. Follow along with the video so you’ll know how to manage the risk. Watch this week’s video »
Equity Oracle: 08/22/2012
Huntsman is up 14.6% since we bought it on August 3rd. The stock is now hitting resistance so we will be getting out to take the profits. I’d stay in the stock if the volume was increasing but it looks to me like the stock may pull back from the short-term resistance before making a move to […]
Open House Webinar: 08/20/12
AJ goes over this month’s stock picks. Watch this month’s webinar »