Posted by 28 September 2007

Watchlist for September 28, 2007

I’m still on new high/double-top watch for the Nasdaq. I can’t complain about the price action but as you know I’m alwasy suspect of a lack of volume at or near an old high. That never seems to matter until it all of a sudden does so I’ll try not to focus on it right [...]

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Posted by 27 September 2007

Watchlist for September 27, 2007

I think we’re going to find out real soon whether the Nasdaq can break its 2007 high. This gap up should put it real close to that resistance level. On Today’s Calendar: 10:00 — New Home Sales 10:00 — Help-Wanted Index More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic Potential [...]

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Posted by 26 September 2007

September 26, 2007 Stock Market Recap

It was a good day for the bulls although the charts show we’ve got a bit of a mixed market. The Nasdaq, and especially the Nasdaq-100 (QQQQ) is moving higher while the S&P is stuck in congestion. Last week I mentioned QQQQ possibly making a double top with its July high. It broke through that [...]

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Posted by 26 September 2007

Watchlist for September 26, 2007

We’ve got some strength this morning but if today is like the last week we may reverse early and fall back into the range… On Today’s Calendar: 10:30 — Crude Inventories More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic Potential swing trades: See one of the recent ‘Chart Reading‘ posts [...]

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Posted by 25 September 2007

InfoNgen Tour

Here’s a video walk-through of a very powerful tool for investors called InfoNgen. The founder, John Mahoney, who you may remember from a WallStrip episode, just posted this tour of their latest version on his blog: SHOW NOTES: In this show, I demonstrate the free version of InfoNgen, a high-end feed reader/web discovery tool targeted [...]

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