Archive for February, 2012

  • Divergence food for thought
    Posted by on February 29th, 2012 at 2:49 pm, Comments: 0

    Not sure how to interpret this chart (lack of belief in China growth?) but the divergence between $QQQ and the metal miners $XME hasn’t been […]

  • Two big caps that should be on your radar
    Posted by on February 27th, 2012 at 3:58 pm, Comments: 0

      Two companies we’re watching for break-outs are Exxon Mobil ($XOM) and Goldman Sachs ($GS).   They’re both close to coming out of major patterns. XOM […]

  • Refiners coming into important zones
    Posted by on February 26th, 2012 at 2:12 pm, Comments: 0

      Refiners had a hard reversal on Friday and look like they want to test their respective 20SMA averages on daily.   Let’s take a look […]

  • Market hasn’t done anything but look at these stocks
    Posted by on February 23rd, 2012 at 12:27 pm, Comments: 0

      We have referred to this market as “benign” as a while now and one of the features of a kind bull market is even […]

  • Daytrader chart AAPL
    Posted by on February 15th, 2012 at 3:06 pm, Comments: 0

      Every day-trader we know was involved in $AAPL today and it’s no coincidence  how dominated the chart is by day-trading strategies.  This is what […]

  • Update on that record
    Posted by on February 15th, 2012 at 1:59 pm, Comments: 0

    After 15 days above the 60min/20ema and an incredible 8 days above the 60min/9ema   $AAPL finally broke the short-term trend today.     Now it has to […]

  • 8 day record?
    Posted by on February 14th, 2012 at 4:41 pm, Comments: 0

        We can’t remember the last time we saw a stock trend above the 20EMA chart for 15 days and even more impressive trend […]

  • This is how we trade
    Posted by on February 13th, 2012 at 12:54 pm, Comments: 0

    We keep things very simple for our trading.   Every day after the close we manually scan through our universe of stocks looking for patterns to […]

  • All about the 20ema/ 60min chart
    Posted by on February 9th, 2012 at 11:11 am, Comments: 0

    For short-term traders have this chart on your screens: We are basing at the very important 135 $SPY area while trending higher on the 20ema […]

  • Sticky level
    Posted by on February 7th, 2012 at 1:35 pm, Comments: 0

      The bulls couldn’t ask for better price-action thus far as the market is refusing to pull-back and instead is constantly digesting thru time and […]