Posted on Tuesday, 14th October 2008 by Steve Warshaw

In his article: 10 Bullish Charts, Signals, Indicators, Barry Ritholtz gives 10 compelling technical reasons why were are close to a market bottom. I completely agree with his assessment as I stated in my prediction for the market bottom, we are close.
Notice I said CLOSE! I know today was an 11% bounce, and everyone is [...]

Tags: bottom, forecast, s&p 500, short, transport, trend
Posted in Diversification, Market Updates, Stock Screens, Technical Analysis, Uncategorized | Comments (0)

Posted on Thursday, 4th September 2008 by Steve Warshaw

This stock pick is going against the overall trend in the Market, but is showing good enough promise that I’m willing to take the risk.
Technicals

The AROON is showing a strong uptrend is in place
The PPO confirms the AROON and shows absolutely no divergence between the indicator and price action
The Williams %R shows no divergence Either.
The [...]

Tags: advice., pick, stock, tip
Posted in Diversification, Stock Picks & Tips, Technical Analysis | Comments (0)

Posted on Tuesday, 5th August 2008 by Steve Warshaw

ISM Reading
Today, the Institute for Supply Management will release it’s services sector index reading. This covers items such as new orders, employment, inventories, prices and exports and imports. Analysts are expecting a reading of 49. Any number below 50 signifies contraction, so any reading about 49 should be considered bullish.
Fed Meeting
Later in the the day, [...]

Tags: Fed, market, stock
Posted in Diversification, Market Updates | Comments (0)