Here’s ABI for Seamus: Usually when i look at a chart the first thing I do is look for a moving average that’s been a good ‘fit’ for the stock. Both the 20 and 50-day moving averages have provided support to ABI during its recent rally. So what strikes me now is that it just [...]
Posted by 17 December 2005
Beat the S&P 500 by Investing in the S&P 500
I saw this article in the January issue of Active Trader Magazine: “Trading a different S&P 500: The RSP vs. the SPY“. The RSP ETF contains the same 500 stocks that make up the S&P 500 but they are equally weighted as opposed to the S&P’s capitalization weighting. The interesting part is that the RSP [...]
Posted by 17 December 2005
How Cool is That?
Earlier today I was in a bookstore flipping through the new, expanded version of Trend Following to see what was in the new edition. (Here’s my review of the original edition.) I almost fell over when I saw my name in the acknowledgments. Thanks for the shout out Michael! Now I have to buy that [...]
Posted by 16 December 2005
Watchlist for December 16, 2005
I had some more chart requests to do this morning but StockCharts’ SharpCharts isn’t cooperating with me today. I’ll post those other charts over the weekend. I’m outta here, have a good weekend folks… Potential swing trades: See one of the recent ‘Chart Reading‘ posts for some potential swing candidates. Potential day trades:
Posted by 15 December 2005
