Jerry wanted a chart of SIRI. It’s broken out of the trend channel I pointed out a couple of weeks ago. Teresa nailed it.) It looking much stronger now. The only question is finding a low risk spot to jump in. (Yesterday morning would have been good.)
Posted by 26 June 2006
June 26, 2006 Stock Market Recap
This is getting tedious! We had another low volume day in which the indices stayed in their recent trading ranges. Dr. Brett mentioned last week’s double inside days and I’ll be interested to see what he has to say about the triple inside days that formed today. This must be a very rare occurrence. I [...]
Posted by 26 June 2006
Watchlist for June 26, 2006
Posted by 26 June 2006
Trading Starbucks Last Friday
Posted by 26 June 2006
Chart Request: Freeport-McMoran Copper & Gold Inc. (FCX)
Here’s another chart for Nicole. FCX continued to fall after I posted its chart with that nice double-top back in May. The stock is beginning to recover but, like in May, I don’t like the volume on this move higher. It’s near overbought territory and approaching its 200-day moving average. As long as it’s under [...]
