Last night’s registration was close to an all time high for our Open House Q&A Sessions. I haven’t gone back to listen to the recording yet, but I think I was well above my target for analyzing 20 stocks. Now all we have to do is wait for the results. Once the market makes its […]
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Equity Oracle: 11/18/2011
This week we saw a respectible bullback in the metals market but I think it’s time for a bounce. I’ve outlined the key support and resistance levels for Freeport McMoran Copper & Gold (FCX) along with my short-term price target for the stock. My support level is drawn from the gap fill point and my target area is measured […]
Equity Oracle: 11/09/2011
This week, we take a look at Microsoft (MSFT). If you have been following along with the Market Guys strategies for trading, you will know that we normally don’t buy a stock when it is trading at, or near, a resistance area. This stock isn’t any different, which is why we are waiting for the […]
Equity Oracle: 11/04/2011
This market has been trading perfectly in line with the technical signals. We pulled back this week to fill the upside gap from last week. Yesterday we filled the downside gap that was left on Tuesday and now we are on our way to test the resistance role reversal high. If we break out over […]
Equity Oracle: 10/28/2011
In this week’s Oracle, we analyze Boise (BZ) and Gold Miners ETF (GDX). Although we are showing a strong green candle with the latter, the volume is not supporting the price action. This tells me it is time for us to take a profit in the stock. It will probably pull back a little bit […]
Open House Webinar: 10/25/11
In this month’s open house, AJ discusses the DJIA ETF (DIA), the Russell 2000 (RUT), Crocs (CROX), and Apple (AAPL), among others.