The Market Guys

Our last trade worked out perfectly. You can see from the most current chart of CORN that the price is quickly approaching our price target. I’m not a greedy trader which is why I think now is a good time to take our profits. Why try to squeeze out a few more pennies when we […]

Our latest trade candidate is looking bullish, not only on the daily charts but on the weekly charts as well. Take a look at the chart above and you will see a bullish engulfing pattern as the stock bounces off of a key support around the $38 level. One of my favorite strategies is to trade the gaps. […]

As you can see from the weekly candle chart above, this week’s candle pattern shows a hammer pattern as it bounces off of support. The confirmation signal is the increase in volume. If you look at the previous volume spikes you will see that most high volume weeks took place near key pivot points to the upside. This helps […]

Our last three trade alerts in ABX, SLV and MSFT have resulted in profits to the upside but I think it’s time to take our profits in Microsoft. As you can see from the candle chart above the stock gapped up three days ago and went vertical, bringing us right to the price target I outlined for you […]

This week, we take a look at the iShares Silver Trust (SLV). With SLV down by more than 44% from it’s yearly high, I think it’s time we took another position in this precious metal ETF. To me it feels as though the institutions are pushing it down in order to buy it and there are too […]

On November 9th an alert went out on Microsoft (MSFT) when I suggested a contingent buy if the stock moved up and closed over the 27.50 resistance area. The stock never closed over that price after the alert went out, and it was a good thing we set it up as a contingent buy, because […]

In this week’s Oracle, we take a look at Barrick Gold (ABX). There are a few signs that lead me to believe we are primed for a rally in this stock. The first sign is the drop in volume, as the stock forms its pivot point. This tells us the sellers are easing up on […]

In this week’s Equity Oracle, we review Abraxas Petroleum Corp (AXAS) and Diamonds (DIA). Abraxas is a low priced stock that we’ve traded before and it looks as though we are getting ashort-term buy signal after the stock filled the gap yesterday.

If you have been following along with the Market Guys, you will know that we make it a point to document as much as we can, so you can go back and check the record. In our last Open House Q&A, I set a goal to analyze at least 20 stocks in the one hour […]

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 […]