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...

Continue Reading >>
Market is in Consolidation

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...

Continue Reading >>
ETF Market Trends: Shorting The Small Cap ETF (IWM)

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...

Continue Reading >>
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 ...

Continue Reading >>
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...

Continue Reading >>
Stock Technical Analysis: Amazing Amazon (AMZN)

Written by Lawrence on October 29, 2009

This is a stock technical analysis of a potential short play: Research in Motion (RIMM). The market has been ripped apart in recent days and according to our scans, we are beginning to witness several stocks with bearish technical patterns which may be suitable for low risk-reward trade setups on the short side. Research in Motion (RIMM) - the well known developer of the Blackberry series of smart...

Continue Reading >>
Stock Technical Analysis: Shorting Research In Motion (RIMM)

Written by Taurus on October 8, 2009

Here's a stock technical analysis on GOOG (Google Inc.), the technology company that needs no further introduction. [caption id="attachment_1267" align="aligncenter" width="600" caption="Stock Technical Analysis: GOOG"][/caption] While many stocks have fallen due to the recent stock market correction, GOOG has proven to be pretty resilient and managed to break out of a bull flag just 2 days ...

Continue Reading >>
Stock Technical Analysis: Go Go GOOGLE!

Written by Taurus on October 6, 2009

Here is a stock technical analysis of GS (Goldman Sachs), a very popular stock pick this week. While the broader stock market is experiencing a correction, this stock has shown much resilience, and is raring to go! [caption id="attachment_1244" align="aligncenter" width="600" caption="Stock Technical Analysis of GS"][/caption] Prices have been consolidating for the last two weeks, trending ...

Continue Reading >>
Stock Technical Analysis: Goldman (GS) Shines in Stock Market Correction

Written by Taurus on September 27, 2009

Another request for a stock technical analysis update on LVS , (Las Vegas Sands Corp), so here we go! [caption id="attachment_1095" align="aligncenter" width="600" caption="Stock Technical Analysis of LVS"][/caption] While still maintaining its upwards move, LVS has retraced around 23.6% (an important fibonacci level) last week, forming a bull flag (shown in black). It came close to the u...

Continue Reading >>
Stock Technical Analysis: LVS Forming a Bull Flag

Written by Lawrence on September 25, 2009

HSTX is one stock that should be on your watch list. Thanks to one of our astute readers who had recently requested for an analysis of Harris Stratex Networks (HSTX), we now have a bullish stock play for the next few days. As shown in the chart, HSTX has pulled back sharply over the last few days after gapping up over $7.50 in early Sep. Recent price action, however, indicate that the stock may be...

Continue Reading >>
Stock Technical Analysis: Getting Explosive With HSTX

« Older Entries