It's nothing new for us who keep track of this stuff regularly. We're seeing a lot of new highs. In fact, we saw more new highs in November on both the New York Stock Exchange and the Nasdaq than we've seen since early 2018.
We've been keeping tabs on a stock that we traded successfully earlier this fall. The stock hit our price objective, our spread hit our profit target, and we moved on.
Lo and behold, the stock consolidated around that last price target as we...
For those new to this exercise, we take a chart of interest and remove the x/y-axes and any other labels that would help identify it. The chart can be any security in...
Something we’ve been working on internally this year is using various bottoms-up tools and scans to complement our top-down approach. One way we’re doing...
For those new to this exercise, we take a chart of interest and remove the x/y-axes and any other labels that would help identify it. The chart can be any security in...
For years, Domino's Pizza has been one of those stocks where I've remarked every time I look at a long term chart: "Holy Cow!" Ok, honestly, it usually involved more words in the f-bomb category of expletives. But man, what a monster run! Who...
Is it time to buy the Travel, Leisure & Entertainment stocks?
I don't necessarily think we need to own all of them. But if we focus on the ones with the most relative strength and positive momentum, we should be in a much better position...