Posted on May 1, 2009 by Adam
I love the semis! The semiconductors that is. These stocks have been on fire - so much so that they have been hard to buy. But now we’re seeing a real pullback and buying opportunities in semiconductor stocks are starting to emerge.
What you will notice in these stocks is a strong upward trend followed by [...]
Posted on February 23, 2009 by Adam
I’ve been watching the following pattern develop for a long time now - almost a year. I’m talking about the massive double top that’s been forming in the S&P. This is a pattern that’s been forming since 1997! If we close below support, we will have confirmed this horrible pattern.
Based on the price pattern measuring [...]
Posted on February 16, 2009 by Adam
Good evening, traders.
As we gear up for the start of the trading week, I was going through some charts to look for setups. Last week we saw a lot of strength among the refiners and technology. We saw weakness in the REITs, and the rest was meh.
I won’t be around to trade tomorrow - instead [...]
Be on the lookout for an extended pullback.