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Equity Oracle: 08/12/2011

The long legged Doji seen on the weekly chart for SPY tells us the sellers are running against some buying pressure at this level. The 200-week moving average will most likely act as a support level but we have to remain cautious as we work our way back up to resistance. It looks as though […]

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Equity Oracle: 08/07/2011

This is the most technical market I’ve seen in my career and we are just getting warmed up. I expect severe volatility this week, which is why I’m asking all members to remain in cash until we get the buy signal. [hana-flv-player video=”http://themarketguys.wpengine.com/wp-content/uploads/videos/TEO_080711.mp4″ width=”650″ height=”450″ description=”” player=”4″ autoload=”true” autoplay=”false” loop=”false” autorewind=”true” /]  

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Equity Oracle: 07/23/2011

This week we got the set up we were looking for with the Home Depot trade that was sent out last week. We are seeing a slight increase in weekly volume as compared with last week’s volume, which is a signal that the buyers are starting to come in. [hana-flv-player video=”http://themarketguys.wpengine.com/wp-content/uploads/videos/TEO_072311.mp4″ width=”650″ height=”450″ description=”” player=”4″ […]

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Equity Oracle: 07/15/2011

It’s been a while since I last traded Home Depot but I think the time is right, as long as we are patient enough to wait for the buy signal. Home Depot has been in a very nice trading channel for the last three years, and I expect this year’s hurricane season to bode well […]

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Equity Oracle: 07/09/2011

Lifevantage, Inc is a very small company with big potential. They were featured in an ABC special in 2005 and the stock exploded to $20, thanks to the media hype, but it’s since pulled back to a point where I think it’s worth buying. [hana-flv-player video=”http://themarketguys.wpengine.com/wp-content/uploads/videos/TEO_070911.mp4″ width=”650″ height=”450″ description=”” player=”4″ autoload=”true” autoplay=”false” loop=”false” autorewind=”true” /]

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Equity Oracle: 07/01/2011

In this Oracle, we discuss the Commodity Indexed Trust (Ticker: GSG). In October, the price broke through a well defined resistance area, but now it’s come back to the $34 level, which is now acting as a role reversal support level. This is an opportunity for us to trade the channel with a target price of […]

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Equity Oracle: 06/25/2011

Personal care companies generally do well when the economy is sagging. When folks are under financial pressure, they manage to find ways to feel good about themselves, and Avon is one of those companies that caters to this idea.

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Equity Oracle: 06/18/2011

Last week we tried to get into Abraxas, but the hammer pattern didn’t hold by the end of the trading day. Don’t shy away from this one, because the stock has reached yet another support level on high volume.

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Equity Oracle: 06/10/2011

We like to trade the gap strategies and AXAS is giving us a nice opportunity for a short-term profit now that the gap has filled today. Most of the time a stock will reverse direction after the gap is filled; however, you need to be mindful of your stop loss strategy.

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Equity Oracle: 06/04/2011

There are some bullish signals showing up for the S&P ETF (SPY) and I think we are about to see a short term rally in the market. The inverted hammer at a role reversal support level is a good indication that the bulls are getting ready to charge. Our stop level would be at a […]

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