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Archive for August, 2009

GLD

Sunday, August 30th, 2009

I have been posting about (GLD: 122.71 +0.01) over the last couple of months.  My latest post was here.  Let’s take a look at the exchange traded fund on gold.

(GLD: 122.71 +0.01) looks to be coiling in a symmetrical triangle pattern.  Which way will this one break?  Look for $95 on the upside or [...]

AAPL

Thursday, August 27th, 2009

(AAPL: 262.92 +5.11) acted pretty well in the second half of the day.  Volume looked better than usual as well.  Here is a chart.

Look for heavy volume and a break of $170-$171 level.

$SPX, GS, MA, CTSH, ISRG

Wednesday, August 26th, 2009

Tonight’s blog post is going to be a little more advanced that usual.  I will do my best to explain things.  The first chart is the S&P500 over the last 2 years or so.

I have talked a bit about Fibonnaci retracement levels over the past few weeks.  Tonight,I have overlaid those retracement levels on [...]

Tuesday Notes

Tuesday, August 25th, 2009

As I have said in the past, I eagerly await the notes written by Frank Barbera each week.  Today, he wrote a column entitled  The Wall Street-Main Street Paradox.  He discusses the dilemma of the current rise on Wall Street, while today’s headlines still appear to be glum.  Here are few of his thoughts, first [...]

Good News, Bad News

Sunday, August 23rd, 2009

The Daily Show With Jon Stewart
Mon – Thurs 11p / 10c