New Ideas What a difference a week makes. Last week's market activity was dominated by declining prices, including a lot of "breakout fake-outs". Which are never fun to deal with, but are an unavoidable part of participation in the stock market. This is when trade management skills pay off, not necessarily in terms of making …
Category: Trading
Ideas – January 25, 2020
New Ideas Last week ended on a weak note, so let's start with a short. Comp De Minas Buenaventura ADS (BVN) has broken down out of a 10 month triangle. Potential target is 10.25. Consolidated Edison (ED) had a very strong break out of a symmetrical triangle. Utilities in general seem to be on a …
Ideas – January 19, 2020
New Ideas General comment before I get into the charts. On Friday, there were 857 new highs and 27 new lows. My first pass long list had over 200 stocks. The first pass short list had less than 30 stocks (the short list was dominated by oils and oil services). So even though the market …
Ideas – December 28, 2019
Review EWY - Nice advance by the South Korea ETF through a somewhat choppy week, most of the advance was on Friday. Volume was light as expected during a holiday week. EWZ - The Brazil ETF is testing the top of the pattern boundary and has not "officially" broken out. AD - The Australian dollar …
The Chart Analyst 