Daily dose of inspiration here, especially for you basketball fans….

29
Apr

By Don Miller Associate Editor Money Morning The delicate state of the global economy could be rocked by an outbreak of swine flu, which has killed over 100 people in Mexico and infected many others in the United States, Canada, Spain and New Zealand.  Underscoring the serious nature of an outbreak is a study conducted [...]

29
Apr
stored in: Sector review and tagged: ,

First chart is a weekly of TBT showing some serious resistance that we overcame today with volume increasing. It was all Fed generated, so to be safe I’ll monitor the action tomorrow to confirm today’s move. If we can stay above these levels, build a base, then we have a real shot to see this chart making some [...]

29
Apr
stored in: Uncategorized and tagged:

Earnings driven move today could be the catalyst for this stock to break out to new highs. Volume today was 3x the 50 day moving average as investors clearly liked what they saw from earnings.

By Keith Fitz-Gerald Investment Director Money Morning/The Money Map Report BEIJING, The People’s Republic of China – It’s Day Two of my three-week trip here, and already I feel myself getting quickly reacquainted with this capital city. If you’ve never been here, it’s hard to do this city justice with simple prose – and without [...]

28
Apr
stored in: Uncategorized and tagged:

Judging by the amount of shares that have changed hands by the price volume bars we’re in limbo right now. If we can overcome the 8250 area with high volume then I think we have a shot at hitting 9k on the Dow, which would be right around it’s 200 moving average. As bearish as I’ve [...]

27
Apr
stored in: Uncategorized and tagged: ,

The Vix is finding support near previous tops in the high 30′s. The RSI fails to fall below the 40 area and stay there, indicating it’s still in a bullish trading range, which typcially is in the 40-80 range. On the flip side a bearish trading range would be 20-60. The ADX has been slowly [...]

27
Apr

This would be monumental.

27
Apr
stored in: Beta Watchlist and tagged:

I don’t need to warn anybody that tomorrow could be an extremely volatile day with all of this swine flu news that is out there right now. Add in the fact we had a new moon over the weekend and the Fed is due to meet this week and we have a recipes for whipsaws [...]

26
Apr
stored in: Sector review and tagged:

Uranium has been moving sharply higher throughout the month of April. CCJ pierced it’s 200 ma on Friday and if it’s able to remain above this key moving average than uranium has a chance to continue on it’s bullish ways. The charts beneath CCJ are all Canadian companies but their volumes are quite high and [...]