Is Gold Ready To Rally Again?
We have all heard the numerous reasons to buy and hold gold. They include: Hedge against geopolitical unrest Hedge against the sliding dollar Inflation and deflation hedge Diversification …and many more The trade I am looking at and hence the charts here are on the popular gold etf; GLD It’s no secret and the […]
Dollar Correlation With Stocks
it's almost uncanny, check out this inverse correlation of the dollar index bs the s&p 500 on a 10 day 60 minute chart:
Humana (HUM) Attacking 2008 Highs
Although healthcare underperformed on a relative basis yesterday, Humana (HUM) and its peer such as UnitedHealth Group (UNH) started breaking out of some nice bases technically. Humana as a company offers health insurance and is a provider of Medicare Advantage health plans for seniors. From a fundamental long-term point of view there are plenty […]
Healthcare Will Break Out In Either Direction Soon
here's a chart of the healthcare ETF; XLV. this consolidation phase can be looked at as a bullish flag. but it almost doesn't matter what it is because once it breaks in either direction the move should last for a while.
Dollar Tree (DLTR) Long-Side Try
It should not come to many people’s surprise that the stock price of Dollar Tree Inc (DLTR) rose 200% off the 2009 bottom. The difficult economic environment led many people to cut down on household expenses and as such the dollar stores – where most items are priced around 1 U.S. dollar – saw increased […]
Today’s Morning Market Video Is Uploaded And Ready To Watch
http://steadytrader.wpengine.com/video-2/video-june-2011/
Buffalo Wild Wings Shorting Opportunity
Chicken wings, just about every Sunday afternoon sports enthusiast loves them and according to some surveys not many places make them better than Buffalo Wild Wings (BWLD). Longer term this stock seems to be a further growth story as the company plans to open about 100 new restaurants in 2011. Short term however there […]
Yahoo (YHOO) At Critical Support Level
Yahoo’s (YHOO) share price took a serious beating since early May as the company got caught up in one of the many business shenanigans in China that broke news as of late. The issue in specific was that the successful Internet entrepreneur and stakeholder in Alibaba, Jack Ma, secretly transferred Alibaba’s online payment service […]
How Is Pandora Holding Up?
nice one bankers! take your IPO fees and flee the scene of the crime…. well, market making will make money too
Dollar Looking Solid
after putting in higher low in the early part of June the dollar index rallied well above the 50 sma yesterday. A break out of this wedge here could lead us significantly higher.