The charts are showing strong evidence of selling activity. If you look at the 10 year (monthly) candle chart above you will see that I’ve pointed out the main signals that have brought me to our long put position. The steep angle of the most recent up leg is being threatened and once the price […]
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Equity Oracle: 06/04/13
The big news today was that investors fear the Fed may start to ease up on their economic support as early as September. This should not come as a surprise to our members because I announced this weeks ago when I said that there was a chance Fed Chairman Bernanke would be relieved as early […]
Weekly Market Report: 05/31/13
Click the video link to watch this week’s market report, which contains helpful, in-depth stock analysis.
Equity Oracle: 05/29/13
Coffee has taken a beating over the past couple of weeks but the Bulls are coming back into the market to buy it up. Take a look at the chart above and you will see a perfectly formed bullish engulfing pattern. This, along with the gaps above the market, tells me that we have enough […]
Equity Oracle: 05/24/13
It’s been a long while since I put out an alert on a “Pairs Trade”. This is nothing more than trading two stocks at the same time. However, you are buying one stock and shorting the other. You can see from the chart that the US Dollar (Blue line) is inversely related to Carnival, Corp […]
Open House Webinar: 05/20/13
AJ goes over this month’s stock picks.
Equity Oracle: 05/17/13
With the Dow being as overextended as it is, it becomes harder to find stocks that I would feel comfortable owning at this point. My strategy is to find stocks with repeating price patterns, where buyers have come in at key support levels. If you look at the chart, you will see that Alcoa, Inc. […]