Archive for July, 2011
Two Homebuilders to Watch
Homebuilder stocks have suffered for some time now, with most of them unable to make any lasting progress on bounce attempts. Many of them have been trending lower, but there are a couple of standouts I’m keeping my eye on.
Day Trade or Swing Trade? Progression of a Play
An excellent example from last week of how a stock can go from being simply a day trade candidate to a swing trade candidate when the pattern matures.
Just What the Bulls Need
A day or two of rest are a healthy way to digest that move, particularly for the case of the bulls.
Upside Resolution
The wide trading ranges are still intact for now, but a continuation of the summer rally which started at the end of June is certainly a bullish technical event.
Pro’s Are Patient
The biggest sign of confidence that you know what you’re doing is having the guts to sit on your hands when you don’t see what you like.
Taking It to the Bank(s)
Are the banks no longer important, or is this a signal waiting to be recognized?
Strong Coffee
Truth be told, free Slurpee day is what’s actually on my mind, but if you’re looking at the charts of anything drinkable right now, it’s all about coffee. These things are hotter than a car hood in the Texas summer.
