Some Charts to Start off 2007

I hate to add to the bearish consensus but I have to call ‘em like I see ‘em. Right now I’m seeing a lot of charts which look ready to roll over. A good number of them look a lot like the QQQQ chart — a weak bounce back to the 50-day moving average which [...]

Chart Request: Google (GOOG) Plus Some Fugly Net Stocks

Jerry wrote: I wanted to know your option on GOOG. For the first time GOOG posted good earnings and the stock goes down… I’m not sure if this is the first time it dropped post-earnings but I could be wrong… I’ve been watching GOOG the last several days as it’s tried to climb back above [...]

Chart Request: Rackable Systems, Inc. (Nasdaq:RACK)

Daniel asked about RACK this morning before its nice 7% gain today: If possible I would like a chart request upon RACK. To be truthful, I believe in the company and its products, and having seen that it has gone down I jumped in, and to be truthful I am down now. I was up [...]

Swing Trade Setups & Scans

I often get asked about how I find swing trade candidates. Hopefully this post will answer those questions. As I’ve written before, most of the stocks I track initially came up on one of my candlestick pattern scans. (Please feel free to search the archives and/or use the subject index) My process is no different [...]