Written by Taurus on December 21, 2009

This stock technical analysis update on SOL (ReneSola Ltd) is to answer a query from one of our supporter, Matthew. He has been tracking this stock for quite some time, and has recently posted that some of the technical indicators point UP. Let's take a closer look at this stock. [caption id="attachment_1399" align="aligncenter" width="600" caption="Stock Technical Analysis: SOL"][/caption] ...

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Stock Technical Analysis: Is it time to buy SOL?

Written by Sidney on December 13, 2009

The S&P 500 index continues its consolidation pattern since hitting the 1,100 level back in mid October 2009.  We believe that in the absence of any major news, the consolidation pattern is likely to continue going into the end of the year. Technical analysis of the S&P 500 index shows that the chart is working its way into a triangle, with the 50 day exponential moving average providi...

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Market is in Consolidation

Written by Lawrence on November 30, 2009

Every week we present an analysis of the previous week's market action as depicted by SPY (the index tracking ETF for the Standard and Poor's 500 index) and our outlook for the coming week. In the past holiday-shortened week, news of debt concerns in Dubai led to painful sell-offs in many stock markets in the US, Europe and Asia. SPY printed a new yearly high on Wed (25 Nov) but closed shar...

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S&P 500 Technical Analysis: Weekly Update

Written by Sidney on November 24, 2009

The price of gold has had a massive run-up of approximately 74% since bottoming out in Oct 2008.  This run-up was due to many reasons, from the decline of the dollar to inflation fears.  We first highlighted the potential of this precious metal on our Sep 4 post, but if you had not initiated a long position then using the Gold ETF (GLD), is it too late to buy now? From the log chart of GLD be...

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Is It Too Late to Buy Gold?

Written by Lawrence on November 13, 2009

It was a day of bleeding for the general stock market yesterday with significant losses across many sectors. Here, we highlight a short side play for short term traders who wish to capitalize the possible correction in the stock market over the few days to weeks. The small caps ETF (IWM) has been under-performing the larger cap ETFs (QQQQ, SPY etc) for some time and is now offering a low risk-rewa...

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ETF Market Trends: Shorting The Small Cap ETF (IWM)

Written by Sidney on November 10, 2009

This is a follow-up on my earlier post on Amazon.com (AMZN) on Oct 31, 2009.  Stocks of AMZN had broken out of its pennant formation 2 trading sessions ago on increased volume and is now hovering around all-time highs, triggering a buy signal. AMZN bought today at $127.84, and added to our portfolio!...

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Stock Technical Analysis: AMZN Breaks Out of Pennant

Written by Taurus on November 10, 2009

Here is a stock technical analysis on one of the biggest IT company dealing with development, manufacturing, marketing, sales, and support of computer systems and services worldwide - DELL Inc. (DELL). [caption id="attachment_1353" align="aligncenter" width="600" caption="Stock Technical Analysis: DELL"][/caption] DELL has been trending up steadily since March this year, and is currently abo...

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Stock Technical Analysis: Could DELL Burst Out of Bull Flag?

Written by Lawrence on November 8, 2009

It was a clear win for the bulls over the past week as the market rocketed more than 3% after a shaky start on Monday. But was it really a win for the bulls? In this weekly update on the S&P 500 index (as depicted by SPY), we will examine the technical action that took place in the previous week and discuss the possible trade setups going forward. As shown in the daily chart above, SPY ...

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S&P 500 Technical Analysis: Weekly Update

Written by Taurus on November 2, 2009

Hello guys, what a week it has been! It was a pretty bearish week, with the S&P 500 breaking a few supports along the way. Is it time to sell yet? Let's take a closer look! [caption id="attachment_1344" align="aligncenter" width="600" caption="ETF Market Trends: S&P 500"][/caption] The S&P 500 has been whipping around the 50-MA for the last couple of days. This 50-MA has been a s...

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S&P 500 Technical Analysis: Weekly Update

Written by Sidney on October 31, 2009

On Oct 23, stocks of Amazon.com (AMZN) surged 26.8% to all-time highs after the company announced Q3 earnings that blew way past analysts' expectations.  AMZN had achieved earnings of $0.45 per share, against a consensus of $0.328 by 29 analysts covering this company.  Given this strong rally, is it too late to buy into AMZN? History has proven that stocks that make such strong upward movements...

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Stock Technical Analysis: Amazing Amazon (AMZN)

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