You do not have to be a Chartered Market Technician to understand how market context can influence the price behavior of stocks. No stock is an island, and how a stock behaves is often a function of the market at large, which in turn is a function of underlying conditions — the context within which any particular market environment is developing. Read an excerpt from this article article here.
With everybody piling into silver it’s time to sell.
Silver has received a great deal of press lately with its recent move to 31-year highs, and is now all the rage as more and more TV commercials admonish viewers that “there has never been a better time to own silver.”
Read the full article here.
Selling silver and other precious metals is often a smart thing when everyone wants to own it all at once and buying reaches capitulation levels. Read the full article here.
How to Make Money in the Stock Market by Trading Like an O’Neil Disciple--Profitable Techniques for Buying Gap-Up
Wednesday, May 11, 2011 | 11:30 am – 12:15 pm - Speakers: Chris Kacher and Gil Morales
Most investors are fearful of buying into a stock that is gapping up sharply, but few know that these gap-up moves often lead to some of the most buyable and rewarding upside price moves any investor could hope to capitalize on--if they know the proper techniques. Dr. Chris Kacher and Gil Morales explained their very simple, yet highly effective methods for buying into and capitalizing on big gap-up moves in leading stocks, and the optimal conditions under which they should be implemented.
Understanding the Effects of “Market Context” on the Chart Patterns of Individual Stocks
Thursday, May 12, 2011 | 7:45 am – 8:30 am - Speakers: Chris Kacher and Gil Morales
Successful investing depends on understanding how the price/volume action and chart patterns of potential and actual leading stocks are affected by contextual factors. Dr. Chris Kacher and Gil Morales provided a detailed discussion of how news events, general market volatility, and sudden economic developments can impact the shape of a price base or consolidation, as well as account for anomalous or unusual price/volume behavior observed in individual stocks. They explained how they implement the concept of understanding market context in their analysis of price/volume action and chart patterns of leading stocks through the use of recent historical examples.
Gil Morales talks about his stock picks, Molycorp (MCP) and Amazon (AMZN).
Challenging markets test our resolve and our patience and our strategy.
It is during such markets that traders who lack patience often abandon their strategy or change something fundamental about their strategy.
Read the full article here.
Since silver topped a couple of weeks ago, we have received many questions from members as to whether they should buy back into silver at cheaper prices.
Read the full article here.
Dr K talks about the luxury retail and financial sectors, and discusses a number of stocks including Saks (SKS), Tootsie Roll (TR) and Citigroup (C).
Everybody loves a bull market. A bull market is defined as a period of time during which major market indexes, like the Dow Jones Industrials, the S&P 500, and the NASDAQ Composite, along with the general mass of stocks, trend upward. Quite simply, that means that during a bull market stock prices generally go higher, and with them so go the values of 401(k), IRA, and other investment portfolios. Bull markets makes for great press and provide consumers with confidence thanks to the psychological “wealth effect” of higher stock prices. No doubt about it, bull markets are good! Read the full article here.
Thursday’s Initial Public Offering of social media firm LinkedIn, Corp. (LNKD) provided the financial media and investors with a lot of hype and excitement in what has been an otherwise choppy and non-descript general market environment.
As we watched LNKD’s share price convulse on Thursday as the opposing forces of greed and fear pushed the stock back and forth, as we can see on the 15-minute interval intra-day candlestick chart of LNKD, below, it became clear that trying to buy the stock within a day or two of its over-hyped IPO amounted to little more than throwing darts at a rapidly moving target.
Read the full article here.
Price/volume seems deceptive in 2011, and leading stocks that hold strong fundamentals often sell off hard when the major averages reverse even a couple percent. One might ask themselves what can be done in this environment which seems unusually challenging. Read the full article here.
