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Equity Oracle: 07/10/14

Profire Energy Inc. (PFIE) is a stock that trades in the Oil & Gas sector. With all of the news that’s coming out of Iraq, the Oil Sector has really been heating up. This added volatility gives us a chance to profit from a fairly cheap stock that shows a history of technical signals that have been reliable. Today, […]

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Equity Oracle: 07/03/14

Last week, on June 26th, an alert went out to buy Conagra Foods, Inc. (CAG). This was a contingent buy alert, which meant that we had to wait for the green candle before getting into the position. On the very next day the stock formed a bullish engulfing pattern and we jumped in. The stock rallied nicely for a […]

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Equity Oracle: 06/26/14

This is a stock that came up during the Open House Q&A session last Monday. I’ve never traded this one but the technical signals look promising. Notice the very obvious gap that occurred when the company lowered its earning expectations. I love trading the gaps but you need to have patience in order to pick your spots.

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Equity Oracle: 06/20/14

This stock has been in a narrow trading range for about three months now. The price action is showing signs of a potential break out but we have to be patient. Our goal is to wait for a green candle before we buy it and take a ride. Once you have bought the stock, it’s important for you […]

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Equity Oracle: 06/13/14

I like trading the cheap stocks when the market is in an overextended condition. Should the markets go through a corrective move to the downside, like I expect it will, the cheaper stocks tend to hold well in the storm. Last year when we traded this stock we had a good return and I’m expecting the same to happen […]

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Equity Oracle: 06/05/14

It’s been a couple of years since we last traded AT&T but today we are seeing a sign that tells us we should get back into this position. As you can see from the chart, above, the stock is showing a candle pattern today. On top of that, the stock is trading just above the 200-day moving average […]

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Equity Oracle: 05/29/14

It’s been a long time since we last traded JC Penny (JCP) but it’s one I never took off of my watch list. One of the most important reasons for having a watch list is because stocks tend to cycle. If you have a list of stocks that you are familiar with, eventually those stocks will give off […]

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Equity Oracle: 05/21/14

We’ve successfully traded Highpower International, Inc. (Ticker: HPJ) in the past and had great results. Once again the stock is giving us a buy signal as it bounces off the 200-day moving average. The secondary confirmation that shows us the buyers are coming in is through the strong green candle as it moves up and away from a well-established […]

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Equity Oracle: 05/16/14

We have done very well lately trading the cheaper stocks and EGLE looks like it’s going to be another good one for us. Today the stock closed with a solid green candle on higher volume. The higher volume suggests that the buyers are building momentum that could lead to a breakout of the near term resistance level.

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Equity Oracle: 05/09/14

We have been very successful trading COCO on the bounces. This week the stock took a dive and left a gap in the process. This gap has not become our target point around 1.20. Today the stock looks like it is going to close with a bullish engulfing pattern. If the candle is still green by the time […]

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