- YI: +0.5
- Possible bottom here for: PDS
- Trying to bottom out in this area: ADP and the DRG index.
- Standard oversold: CBK
- Moderately oversold: GPC, IFN, and KFT
- Trying to hold some rising trend line support: CDE, CLF, the DJ-30, MFE, NST, SHI, SKS, SPC, STX, and WSO
- Trying to hold falling trend line support: AMAT, ERIE, GIS, MRVL, NAT, TICC, and VFC
- Attempting to hold the 28 DMA here: CSTR, IDU, SKS, and SPC
- Trying to break above some falling trend line resistance: EWU and FCX
- Attempting to break above the 28 DMA here: ERF
- Up against rising trend line resistance: NOK
- Moderately overbought now: FRO and T2118
- Anything here may be off base.
Monday, December 31, 2007
Based on EOD Dec. 28, 2007.
Friday, December 28, 2007
Based on EOD Dec. 28, 2007.
- YI: +0.5
- Moderately oversold: STX
- Trying to hold some rising trend line support: EJ, ENER, HMC, LOW, and PEP
- Trying to hold falling trend line support: BAC, C, OCR, and WPL
- Attempting to hold the 28 DMA here: ALEX and FBR
- Trying to break above some falling trend line resistance: ASA
- Attempting to break above the 28 DMA here: NSC
- Moderately overbought now: ABX, CREE, GG, RGLD, TOT, TTH, WTS, and XSLV
- Standard overbought: GLD, T, and the XOI index.
- Toppy here: HIT and UN
- A break out in either direction is on the way for: OGE
- Anything here may be off base.
Based on EOD Dec. 28, 2007.
- YI: +0.5
- Trying to hold some rising trend line support: EJ, ENER, HMC, and LOW
- Trying to hold falling trend line support: BAC, C, and OCR
- Attempting to hold the 28 DMA here: ALEX and FBR
- Trying to break above some falling trend line resistance: ASA
- Attempting to break above the 28 DMA here: NSC
- Moderately overbought now: ABX, CREE, and GG
- Standard overbought: GLD
- Toppy here: HIT
- A break out in either direction is on the way for: OGE
- More later.
Thursday, December 27, 2007
Based on EOD Dec. 26, 2007.
- YI: +2.5
- Trying to bottom out: XMSR
- Trying to hold some rising trend line support: BMY, EXP, and HON
- Trying to hold falling trend line support: TLB
- Trying to break above some falling trend line resistance: AAUK, AIG, AXP, BGF, CSL, EEM, ERIC, FTO, GOOG, GT, the IIX index, LEN, the OEX index, OKE, PCU, PDS, PEG, PTR, QCOM, RIO, ROK, SUN, and TSU
- Attempting to break above the 28 DMA here: ACH, ADP, AMAT, BHP, EEFT, KEY, KFT, NSM, NWL, PBY, SVU, SYY, TCK, and UGP
- Up against rising trend line resistance: IDA, MEOH, and NLY
- Moderately overbought now: The DJ-30, EBAY, FXC, IRF, PLT, and the S&P-500.
- Standard overbought: OXY
- Extremely overbought: SOLF
- Toppy here: AAPL, MPG, PHI, and STP
- A break out in either direction is on the way for: CPB and SMTC
- Anything here could be off base.
Wednesday, December 26, 2007
Based on EOD Dec. 24, 2007.
- YI: +2
- Trying to bottom out here: KMX
- Standard oversold now: FXY
- Trying to hold some rising trend line support: BGF, CBK, and WDC
- Trying to hold falling trend line support: XMSR
- Trying to break above some falling trend line resistance: AA, AAUK, BPOP, DFG, EWI, GFI, GLD, GPC, REDF, SNA, STMP, T, TASR, TICC, and XSLV
- Attempting to break above the 28 DMA here: ABX, ARM, BA, CREE, DVY, GE, GF, GLW, HMC, the IIX index, JCP, MER, RGLD, SHI, SEE, TSM, and WIRE
- Up against rising trend line resistance: IYM, MTD, PEP, PG, and WTS
- Moderately overbought now: AEM, AMTD, AVP, CMI, GGB, HIT, IBM, IWM, JOSB, MMC, PXD, QQQQ, SKS, the VXO, WSO, and WY
- Standard overbought: CLF, SUN, and X
- Extremely overbought now: PHI and UN
- Toppy here: LUFK and MKC
- A break out in either direction is on the way for: GM
- Anything here could be off base.
Monday, December 24, 2007
A Christmas Carol Trailer
Christmas, bah humbug I say! Not even another lump of coal on the fire for you! Get back to work you stock market slave traders!
Based on EOD Dec. 21, 2007.
- YI: +1
- Possible bottom here for ERIC
- Trying to bottom out in this area: EWI, EWP, and PNRA
- Extremely oversold now: RT
- Trying to hold falling trend line support: KEY and PDS
- Attempting to hold the 28 DMA here: FRO
- Trying to break above some falling trend line resistance: ABX, AVP, CREE, the DRG index, FBR, IWM, PLL, PTEN, QQQQ, SMTC, TKR, and WIRE
- Attempting to break above the 28 DMA here: DELL, MOT, and NEM
- Up against rising trend line resistance: ADP, AMAT, MKC, and STP
- Moderately overbought now: CDE, CY, ELY, GOOG, and ROK
- Toppy here: CSTR
- Anything here could be off base.
Thursday, December 20, 2007
Based on EOD Dec.20, 2007.
- YI: -0.5, and T2118 indicates the correction may be stalling out in this area.
- Possible bottom here for: CSL and SNDK
- Trying to bottom out now: GF, LEN, MER, OKE, and SGP
- Standard oversold at this point: KMX, OCR, WOR, and XMSR
- Moderately oversold: GIS, NTES, and TTH
- Trying to hold some rising trend line support: FRO and PXD
- Trying to hold falling trend line support: AXP
- Attempting to hold the 28 DMA here: PEP and T
- Trying to break above some falling trend line resistance: AEM, ALD, AMD, CLF, EBAY, NAT, OXY, QLGC, ROK, and WSO
- Attempting to break above the 28 DMA here: AIG, BGF, FBR, FXC, MSCC, PLT, VFC, and WPL
- Moderately overbought now: CAKE, CSTR, LUFK, MKC, and PHG
- Standard overbought at this point: HON
- Anything here could be off base.
Based on EOD Dec. 19, 2007.
- YI: -1
- Trying to bottom out now: ACAS, ELN, IRF, and NSM
- Moderately oversold: GLW
- Trying to hold some rising trend line support: MFE, NSC, and PEP
- Trying to hold falling trend line support: CREE and GF
- Attempting to hold the 28 DMA here: IDU, PG, and PHI
- Trying to break above some falling trend line resistance: ERIE, GE, MRVL, MSCC, NEM, RGLD, SNA, the S&P-500, and SUN
- Moderately overbought: RYL
- Toppy here: XPLT
- Anything here could be off base.
Wednesday, December 19, 2007
Based on EOD Dec. 18, 2007.
The ol' traditional "Santa Claus rally" time may finally be here now...
- YI: -0.5
- Trying to bottom out: AAUK, ABX, ACH, AEM, AMAT, ARM, BHP, the BKX index, EJ, ERIC, EWA, EWD, EXP, GFI, MSCC, NYB, PCU, PTR, SHI, STMP, SYY, TICC, TLB, TZOO, UGP, WOR, and WPL
- Standard oversold: ADP, BA, and UGP
- Moderately oversold: CAT, CMI, the DJ-30, the DRG index, DVY, EBAY, EEM, ELN, EWJ, EWU, FCX, GF, GG, the IIX index, KFT, MER, NSC, NSM, the OEX index, PAYX, QQQQ, RIO, SNA, the S&P-500, TKR, TOT, TSM, the VXO, WTS, WY, and XLF
- Trying to hold some rising trend line support: CDE, KO, NTES, SNE, STX, X, and XMSR
- Trying to hold falling trend line support: AA, AMD, CREE, EWJ, GLW, MOT, the OEX index, PTEN, REDF, SGP, SMTC, the S&P-500, and TSU
- Attempting to hold the 28 DMA here: AAPL, CY, IYM, JNJ, KO, MCD, and PLL
- Trying to break above some falling trend line resistance: BMY, CAKE, HMC, IDU, and SKS
- Standard overbought: MPG and XPLT
- Anything here could be off base.
Tuesday, December 18, 2007
Monday, December 17, 2007
Based on EOD Dec. 17, 2007.
- YI: -1.5
- Trying to bottom out in this area: AIG, ALD, FXY, LOW, MRVL, RGLD, SNDK, and WB
- Standard oversold now: BAC, BGF, and CAKE
- Moderately oversold: AAUK, AVP, BMY, EWA, EWP, GPC, HMC, IBM, IRF, JWN, KMX, MEOH, NOK, and XSLV
- Trying to hold some rising trend line support: GGB, GLW, GOOG, IDA, MKC, MMC, MTD, NEM, NST, TOT, WTS, and XLU
- Trying to hold falling trend line support: ACH, ASA, BHP, ERIC, EXP, NYB, OKE, RT, SEE, TCK, TICC, and TLB
- Attempting to hold the 28 DMA here: ALEX, IFN, NST, and PEG
- Attempting to break above the 28 DMA here: ERIE
- Moderately overbought now: RMBS and SUN
- Anything here may be off base.
Based on EOD Dec. 14, 2007.
- YI: 0
- Trying to bottom out: MRVL and TCK
- Standard oversold: ACH, DELL, and PLT
- Moderately oversold now: AIG, ASA, BHP, the BKX index, CBK, EXP, GGB, GT, IWM, PNRA, QCOM, RIO, and WOR
- Trying to hold some rising trend line support: ADP, EEFT, EWI, IRF, LUFK, MCD, and MEOH
- Trying to hold falling trend line support: ABX, AEM, AMAT, EWP, FTO, PDS, and XSLV
- Attempting to hold the 28 DMA here: BPOP, CAT, COPS, CPB, FCX, GLD, GLW, GOOG, NSM, and TASR
- Trying to break above some falling trend line resistance: LMT, OGE, SMTC, and SOLF
- Toppy here: BKC, KO, and PEP
- More later. Anything here may be off base.
Sunday, December 16, 2007
Friday, December 14, 2007
Based on EOD Dec. 12, 2007.
- YI: +1.5
- Trying to bottom out here: BAC, BGF, C, CSL, GM, KEY, NWL, SVU, and WIRE
- Standard oversold: ALD, BA, MRVL, and TSU
- Moderately oversold now: AXP, FXY, NYB, PTR, and WB
- Trying to hold some rising trend line support: AA, ERIC, FCX, GG, GOOG, GT, IFN, JCP, JWN, MSCC, NOK, NSM, OGE, PBY, QLGC, STMP, STP, TOL, TSM, and WPL
- Trying to hold falling trend line support: ACAS, the BKX index, DELL, DFG, EWJ, LOW, MER, RGLD, and XLF
- Attempting to hold the 28 DMA here: EWP, HIT, IRF, KFT, KMX, MMC, NTES, PAYX, QQQQ, RNR, TKR, UN, and WTS
- Trying to break above some falling trend line resistance: HON, MPG, and XPLT
- Attempting to break above the 28 DMA here: MFE and the VXO
- Moderately overbought now: AMTD
- Standard overbought: ENER
- Possible top here for: T2118
- Toppy here: T
- Anything here may be off base.
Thursday, December 13, 2007
Based on EOD Dec. 12, 2007.
- YI: +1.5
- Possible bottom here for: ERF
- Trying to bottom out in this area: OKE
- Moderately oversold now: DFG, LOW, RGLD, SGP, and SVU
- Trying to hold some rising trend line support: ABX, ASA, BHP, BPOP, HMC, MTD, SKS, XLU, and XMSR
- Trying to hold horizontal trend line support: WIRE
- Trying to hold falling trend line support: ACH, GOOG, JOSB, NWL, and OCR
- Attempting to hold the 28 DMA here: AVP, BMY, the DJ-30, DVY, EJ, EXP, GIS, IDA, MDC, MTD, NSC, the OEX index, OGE, PCU, RIO, the S&P-500, TOL, WHR, and WOR
- Trying to break above some falling trend line resistance: EEM, EWD, PLL, SPC, and T
- Attempting to break above the 28 DMA here: GE
- Up against rising trend line resistance: PEP
- Moderately overbought now: CDE, FRO, GF, and TTH
- Standard overbought: SNE
- A break out in either direction is on the way for: AMAT
- Anything here could be off base.
Tuesday, December 11, 2007
Based on EOD Dec. 11, 2007.
We had some excellent "stock market blues" today, as the crowd at the Blue Note Cave were jamming away like crazy...
- YI: +1
- Trying to hold some rising trend line support: MMC, REDF, and TKR
- Attempting to hold the 28 DMA here: EEFT
- Up against rising trend line resistance: PLT
- Moderately overbought now: BKC and PHG
- Standard overbought: X
- Possible top here for: STX
- Probable top here for: IFN
- A break out in either direction is on the way for: QCOM, TICC, and XPLT
- Anything here may be off base.
Monday, December 10, 2007
Based on EOD Dec. 10, 2007.
- YI: +2.5
- Trying to hold some rising trend line support: KFT and NSC
- Trying to hold falling trend line support: AXP
- Trying to break above some falling trend line resistance: BA, CREE, DELL, GPC, NAT, NOK, PTEN, QQQQ, the S&P-500, TSU, and WB
- Attempting to break above the 28 DMA here: ACAS, AEM, BA, JCP, LUFK, MSCC, TCK, and TZOO
- Up against rising trend line resistance: GF and PNRA
- Moderately overbought now: BHP, BPOP, GGB, MPG, NLY, NSM, the OEX index, PCU, PNRA, and WOR
- Standard overbought: ALEX, CORS, GOOG, and MCD
- Toppy here: NX and WDC
- Anything here may be off base.
Based on EOD Dec. 7, 2007.
- YI: +1.5
- Standard oversold: GFI
- Trying to hold some rising trend line support: OKE
- Trying to break above some falling trend line resistance: ABX, AMTD, AVP, BAC, BGF, EWI, FRO, FXC, KEY, MFE, MRVL, NYB, the OEX index, PAYX, PDS, RGLD, RT, TASR, WIRE, and XMSR
- Attempting to break above the 28 DMA: ADP, ARM, C, CSTR, EWA, EWD, the IIX index, MOT, PTR, SEE, SHI, SNDK, T2118, TTH, and WPL
- Up against rising trend line resistance: BHP, KO, MTD, NWL, and NX
- Moderately overbought now: AAUK, ACH, AIG, CAKE, CAT, CMI, the DJ-30, DVY, ELY, ENER, FCX, GPC, HON, IRF, IWM, JWN, MDC, MER, OXY, QLGC, QQQQ, RIO, RMBS, RNR, ROK, RYL, the SP-500, TKR, TOL, TSM, the VXO, WB, WHR, and the XOI index.
- Standard overbought: CLF, EXP, HIT, and NSC
- Extremely overbought: AAPL
- Possible top here for: IFN
- Toppy here: EEFT, ELN, and IYM
- A break out in either direction is on the way for: PHG
- Anything here could be off base.
Friday, December 7, 2007
Based on EOD Dec. 6, 2007.
- YI: +1.5
- Trying to bottom out: FXC
- Moderately oversold: ABX and FTO
- Trying to hold some rising trend line support: CREE and KMX
- Trying to hold some falling trend line support: GFI and TICC
- Attempting to hold the 28 DMA here: CBK, FXY, GT, and TLB
- Trying to break above some falling trend line resistance: AAUK, EWP, EWU, GM, MDC, T2118, TCK, and WSO
- Attempting to break above the 28 DMA here: AMAT, PTEN, PXD, REDF, UGP, and WSO
- Up against some rising trend line resistance: EEFT, GGB, MKC, RYL, TKR, and WY
- Moderately overbought now: CORS, EEM, PLL, SMTC, and STX
- Standard overbought: IFN, NST, and NX
- Extremely overbought: IDU and WDC
- Toppy here: The DRG index, and XLU
- Anything here may be off base.
Thursday, December 6, 2007
Based on EOD December 5, 2007.
- YI: -0.5
- Probable bottom here for: ARM
- Trying to bottom out now: ERF and WIRE
- Extremely oversold: RT
- Standard oversold: DELL and GE
- Moderately oversold: GG
- Trying to hold horizontal trend line support: FTO
- Trying to hold falling trend line support: KEY, PDS, SUN, TSS, and VFC
- Attempting to hold the 28 DMA here: CDE, FRO, and NOK
- Trying to break above some falling trend line resistance: AIG, CAT, CLF, CSTR, DVY, GF, IBM, the IIX index, IRF, LUFK, MMC, MSCC, NSM, PLT, QQQQ, TTH, WB, and XSLV
- Attempting to break above the 28 DMA here: AIG, ASA, JWN, OKE, SYY, and WOR
- Now up against rising trend line resistance: GLD, HON, and IDA
- Moderately overbought now: ALEX, CY, EJ, ELN, OGE, TASR, and XPLT
- Extremely overbought: PEG
- A break out in either direction is on the way for: BPOP, OXY, and WTS
- Anything here may be off base.
Wednesday, December 5, 2007
Based on EOD Dec. 4, 2007.
- YI: -2
- Trying to bottom out here: MOT, MSCC, and PBY
- Moderately oversold now: AVP, NAT, and QCOM
- Trying to hold some rising trend line support: AA, AAPL, AMAT, AVP, BHP, CDE, HIT, LMT, MFE, PG, PHG, PHI, ROK, and STX
- Trying to hold falling trend line support: AIG, OCR, and TZOO
- Attempting to hold the 28 DMA here: SPC and SVU
- Trying to break above some falling trend line resistance: AEM, BKC, JCP, and JOSB
- Attempting to break above the 28 DMA here: JOSB and RYL
- Up against rising trend line resistance: NST
- Moderately overbought: SKS
- Standard overbought: XLU
- Toppy here: MCD
- A break out in either direction is on the way for: AMTD
- Anything here may be off base.
Tuesday, December 4, 2007
Based on EOD Dec. 3, 2007.
- YI: -1.5
- Standard oversold: LUFK
- Trying to hold some rising trend line support: ALD, GIS, KO, RGLD, and X
- Trying to hold falling trend line support: BA, CSTR, and WSO
- TTBAFTLR: CDE, DRG, GGB, MDC, T2118
- Attempting to break above the 28 DMA here: The BKX index, MDC, and TOL
- Up against rising trend line resistance: ELY and XMSR
- Moderately overbought now: AXP and EXP
- Toppy here: GLW, HIT, IFN, and PEP
- Anything here may be off base.
Monday, December 3, 2007
Based on EOD Nov. 30, 2007
- YI: -1, so since we are getting close to the YI zero line again, which often acts as an area of resistance or support, we may be in store for some type of pullback in the market fairly soon.
- Trying to bottom out: ERIE
- Standard oversold: AMD, FXC, and PBY
- Moderately oversold: XSLV
- Trying to hold some rising trend line support: ABX and MKC
- Attempting to hold the 28 DMA here: FXY and OGE
- Trying to break above some falling trend line resistance: ACAS, AIG, CMI, CPB, ELN, ERIC, GE, MSCC, NYB, SUN, TOT, and WY
- Attempting to break above the 28 DMA here: AA, ACF, ACH, BPOP, CORS, EJ, ENER, EWD, FCX, GF, HON, IWM, KEY, LOW, MMC, PAYX, PCU, TSM, WB, XLF, and the XOI index.
- Up against rising trend line resistance: AAPL and LMT
- Moderately overbought: AAUK, BMY, the DJ-30, DVY, EWI, EWJ, IYM, KFT, KMX, MCD, MEOH, NLY, NSC, NTES, PNRA, SNA, and X
- Standard overbought: AAPL, EEFT, IDU, IFN, and PG
- Toppy here: CLF, GIS, GOOG, JNJ, and MTD
- Going parabolic: STP
- Anything here may be off base.
Subscribe to:
Posts (Atom)