LNG Cheniere Energy – Chart Technicals Are Broken

March 8, 2011

Today LNG – Cheniere Energy got killed. There is no other way to describe what happened. Everybody wanted out. It was the classic: “Sell first – ask questions later.” The chart illustrates why it is crucial to cultivate a disciplined approach to trading. Always use stop losses. If you are not in front of your […]

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Market Tone Has Changed

March 7, 2011

Not exactly my best day ever. Then again, as a technical trader you have to embrace pullbacks and consolidations as they will provide the fuel for new moves to the upside. That being said, we are witnessing a change in tone in the market. The aggressive momentum driving up stocks is gone for now. As […]

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SOLR GT Solar – Emerging Solar And LED Market Leader

March 3, 2011

After monitoring the solar sector for quite a while, I decided to initiate a position in SOLR – GT Solar. There are several reasons why I like the company. The first one is the fact most solar stocks look like they are poised to break out of long bases. This is what Stan Weinstein refers […]

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Jeffrey Gundlach Predicts Municipal Bond Market Crisis – MUB ETF

March 2, 2011

Municipal bonds are a part of the market I am not monitoring very closely. That’s why I read a lot of websites that cover topics which are not part of my main focus. Not too long ago Meredith Whitney came out predicting a municipal bond crisis. Now Jeffrey Gundlach, who has built a track record […]

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Joe Fahmy Video – Relative Strength Concept And Market Leaders

March 1, 2011

Just finished watching this outstanding Joe Fahmy video. This is one of the best videos I have had the pleasure to watch in quite a while. If you want to speed up your trading education make sure to watch it. I agree with almost everything he has to say, but consider myself more of a […]

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Uranium Participation U.TO TSX Chart Analysis – Technical Price Target

February 28, 2011

More thoughts on U.TO – Uranium Participation the proxy I use in order to stay on top of what looks to be a very promising bull market in Uranium. I updated the U.TO chart on my public list as the first price target for the next leg up is now becoming more obvious. Up-to-date U.TO […]

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Tony Oz Trading Wisdom – The Stock Trader

February 27, 2011

Tonight I am posting an excerpt from one of my favourite books. Tony Oz: ‘The Stock Trader’. I loved reading it some 10 years ago. No fancy stuff, straight forward talking, objective observations and self-conversation of a real trader. There is a reason why it is part of my recommended trading books section. In the subsequent excerpt […]

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RGX.V Argex Mining – Titanium Vanadium Stock With Bullish Volume Trading Pattern

February 23, 2011

Today I got stopped into a new position. I wasn’t in front of my screens at the end of the day so I put in a stink bid for RGX.V – Argex Mining, (formerly ‘Argex Silver Capital’) which was executed @ 0.69 CDN$. I usually don’t make extensive use of placing bids below the market while […]

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Uranium Offering Low Risk Technical Buying Opportunity In Promising New Bull Market

February 22, 2011

Hope you all had a great long weekend. Always a good thing to spend time away from the markets every now and then. On to the markets. Today we saw a sea of red. There was literally no place to hide. So much for what happened on the surface. Looking under the hood I cannot […]

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S&P 500 Technical Price Targets – Weekly And Daily Chart Analysis

February 16, 2011

It looks like nothing can stop this freight train. In my last S&P 500 Chart Analysis I said the path of least resistance was still up. The S&P 500 then kept on marching higher. There is not much else I have to say. Unless the charts tell you otherwise you have to be a fool […]

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