I received an email about a week ago from a loyal reader. I was late in responding, but am glad I checked my email because it led to a pretty good analysis which you are about to read right here at Online Trading. I thank him for writing me because it led to this write … Read more
I apologize, but I must have accidentally deleted a previous posting on here which was a highlight of the steel stock TONS I profiled on January 28th, 2005. I don’t know what happened to the article and it is a shame I lost it because it was a good read and quite a good analysis. … Read more
You’ve heard me talk about commodities and inflation. And you have also heard me mention the natural gas stock NGAS. The fact that the CRB index has broken out, and crude oil is moving fast and furious seems to indicate for the moment anyway that commodities are hot, very hot. I believe that the Natural … Read more
The commodity research bureau index, a good leading indicator of future higher inflation has done the unthinkable. It has avoided a bearish divergence, and instead formed a bullish symmetrical triangle. A couple days it broke out of that symmetrical triangle in what I believe is an elliott 5th wave UP. I am no elliottwave expert, … Read more
Here are a few observations on a homebuilding stock. In particular I am talking about Ryland Group, a home builder. Even if you have only followed finance or the stock market occasionally over the last few years, you probably have heard about how great the real estate boom is. And yes, there were also plenty … Read more
I did not get a chance to post this chart 10 days ago. But I wanted to as the first entry into the before and after category. Before and after seems to be a decent way for me to look at any stock or index setup, make an observation on it or prediction, and then … Read more
Here is a natural gas stock I discovered after scanning through my database… You know, it is funny sometimes how I find stocks to study and examine further.. Sometimes they come from memory, ones that I have watched before but then forgotten about.. other times they come from a fresh stock scan. It really doesn’t … Read more
Dear Friend, I have been trading for about 11 years. I remember when I first started I went on an information gathering campaign so that I may discover whether or not technical analysis really works. I remember having some confusion about how to draw a basic trendline. Do you draw it over the highs of … Read more
For some reason I have always liked longer term stock charts. It is true that a long term stock chart does not give any satisfication of a quick trade or instant gratification. Instead what it does offer, is a big picture view and maybe some degree of longer term confidence in the true trend of … Read more
Dear Friend, In case some of you missed my special video report on the Japanese Nikkei, I am reposting the link here again for you to watch it. It was originally produced on December 30th, 2004. When I announced this special video report at the previous location I stated that I believe it could be … Read more