SPY Technical Analysis November 29 2011
SPY Technical Analysis shows that market is still in sell mode but is still on the tipping point of either major bull or bear type of move.
Tom
SPY Technical Analysis
SPY technical analysis suggests that teh SPY could move swiftly down into the early October 2011 swing low. The technical price action the longer term time frames remains bearish.
sp500 Technical Analysis November 23 2011
The sp500 weakness continued today as forecasted previously. The tape on the sp500 remains weak on the short term, intermediate term and longer term price charts.
sp500 Technical Analysis November 22 2011
sp500 Technical Analysis for today November 22, 2011 shows that the market declined again on light volume and is likely to wait for the decisive move until next week.
Volume and Price Analysis and What it Means
Price and volume analysis shows that the current downward market trend is down but without volume conviction.
A Black Thanksgiving for the Stock Market BOT Short Signal 1215
The tape action on the sp500 is not looking so great lately. We are coming into the end of the month of November and so the price action over the course of the next 8 trading days will be very important determinant of the longer term trend of the sp500. The reason why is because … Read more
BAMM Books a Million a Possible Thanksgiving Small Cap Runner
BAMM Books-A-Million, Inc. is a stock that came up on one of my Metastock scans as a price and volume breakout stock. This is a small cap stock and seems to be the alternative to Barnes and Noble. The stock has been in a bear market for a long time but the weekly chart shows … Read more
November a Key Month for the sp500
November is shaping up to be quite a key month for the sp500 index. We are moving into a juncture of determination on whether we continue to drift/correct in downward bear market fashion, or bust out north in new bullish fashion. The monthly MACD has been in a bearish crossover mode for several months. This … Read more
Just went Long the GLD 170 November Call Options
I just went long the November GLD 170 Call Options at 3.30. I think gold is about to bounce back up to the old highs like a boomerang. We are still in the very favorable seasonal time frame for precious metals. Yes, September was a disaster for the precious metals which is astonishing since it … Read more
AG First Majestic Silver Looks Good Into End of Year
AG First Majestic Silver Corp. looks like it is setting up into a good run into the end of the year. AG took a huge beating with the silver crash and has been drifting at the lows recently. But now it looks like it is going to make an attack on the apex of the … Read more