The Market Guys

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 […]

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 […]

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 […]

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. […]

Last week, I put out an alert to buy the stock only after it crossed over the 20-day moving average. If you followed the risk management strategy for this position then you did NOT buy it because the stock never closed over the SMA. This week we are getting into the stock because there are […]

This stock will help us stay in shape (financially). This is the time of year when many people are thinking about getting in shape for the summer months. This is a cycle that you can depend on in the market and Vitamin Shoppe, Inc. is a perfect candidate for us to be able to capture […]

On April 11th a contingent buy alert went out for Vringo (Ticker: VRNG). The instructions were to buy the stock on a break out over the upper triangle line but the stock never got over that point. Instead the stock broke below the support level and fell to the support level seen in the chart […]

Last week we never got the buy signal for Vringo (Ticker: VRNG) so we did not take a new position. As it turned out, this was a good thing because the markets have since gone through a wave of volatility that’s left even the experts scratching their heads. Now it’s time to take a new position in […]

The Symmetrical Triangle pattern is identified by drawing two trendlines that connect a series of sequentially lower peaks and a series of sequentially higher troughs. Both trendlines act as barriers that prevent the price from heading higher or lower, but once the price breaches one of these levels, a sharp movement often follows. This is why we […]

On March 15th I put out an alert to buy UDN and the stock has since stayed pretty much in that price range. The reason I’m putting out a secondary alert on the same stock is because the buy signal today came in loud and clear and I wouldn’t want anyone to miss out on […]