Technical Analysis

Day Trading Guide (The Hindu)
12 May 2008
Buy the stock with tight stop at Rs 862 level. Fresh long position can be initiated only if the stock moves above Rs 1,800 level, with stiff stop-loss.

MBIA (MBI) hits technical resistance following earnings-induced rally (Schaeffers Research)
12 May 2008
Losses Pile Up at MBIA Before the open this morning, MBIA (MBI: sentiment, chart, options) reported a first-quarter loss of %242.41 billion, or %2413.03 per share...( Read More )...

JA Solar's Profit Soars While the Stock Slumps (Schaeffers Research)
12 May 2008
JA Solar Holdings (JASO: sentiment, chart, options) is down more than 5% at midday, despite a forecast-beating first-quarter earnings report...( Read More )...

Chesapeake Energy (CHK) tests support at the 55 level, consolidating gains (Schaeffers Research)
12 May 2008
Chesapeake Energy (CHK: sentiment, chart, options) has once again caught my attention as the shares have been upgraded this morning by Calyon Securities from "add" to "buy." The stock is popular on Wa...

Bargain Hunting May Lift Markets as Oil Prices Recoil (Nasdaq)
12 May 2008
(RTTNews) - The major U.S. index futures are pointing to a higher opening on Monday. Stocks remain on track for a rebound after sharp declines at the end of last week.

Indian shares rise 0.7 pct, weak rupee lifts techs (Reuters via Yahoo! Singapore News)
12 May 2008
BANGALORE, May 12 - Indian shares rose 0.74 percent on Monday, with Reliance Industries and outsourcers leading as the market snapped a five-day losing streak, but trade was choppy after industrial ou...

Stocks point to higher open, oil eyed (Reuters via Yahoo! News)
12 May 2008
Stock index futures edged up early on Monday, suggesting a Wall Street open in line with robust global equities, as a stronger dollar depressed crude prices.

EIH (Rs 141.45): Sell (The Hindu)
11 May 2008
We recommend a sell in EIH from a short-term perspective. From charts of the EIH, we note that the stock has been on a downtrend (forming lower peaks and lower troughs) form its 52-week high of Rs 246...

Harry Domash, Online Investing: Safe stock picks could net better than savings account (Santa Cruz Sentinel)
11 May 2008
Depending on when you turn on the TV, you'll hear that the market is headed up, headed down or in a trading range.

Credit crisis? Will someone please tell the stock market (Independent)
10 May 2008
It was a trip to China that showed Tom Ewing, the head of Fidelity's UK growth fund, which British companies should receive his investment money. Along with his wife, Clare, he spent six weeks travell...

Why Investors Fail (GoldSeek.com)
10 May 2008
This week I am in South Africa and am not as connected as I would like to be due to meetings and slow Internet, so we are going to look at some material from my book, Bull's Eye Investing, which I thi...

Index Outlook (The Hindu)
10 May 2008
Stock markets wilted last week as market participants decided to follow the maxim, ?sell in May?, at least partly, by taking some profit off the table. With the simmering crude oil prices stoking infl...

Russell 2000: Sell in May and go away? (SmallCapInvestor.com via Yahoo! Finance)
10 May 2008
"Sell in May and go away?" Not in small caps.

Big Upside for Big Blue
9 May 2008
There are lots of things to like about IBM as the stock continues to climb higher.

Fitz Bits: Wait for the Right Entry in Johnson & Johnson
9 May 2008
The stock needs to pull back a bit so entry can be made closer to where there were buyers rather than sellers.

Sensex battle with BSE (The Telegraph)
8 May 2008
Mumbai, May 8: A stock analyst from Pune has decided to take the Dalal Street Bronze Bull by its horns in a legal battle over the term ?sensex?, the biggest brand identity of Asia?s oldest bourse.

Why a Top in Oil is Bullish for Gold Stocks (GoldSeek.com)
8 May 2008
Technical analysis isn?t just a study of price action of a single stock or market. It involves much more. It has been a while since I?ve written about intermarket analysis, which studies and compares ...

Fitz Bits: The Shine Is Off of Goldcorp
8 May 2008
After a volatile move upward, the stock has broken down and looks to be a good short on strength.

Stocks retreat as oil prices creep higher (AP via Yahoo! Finance)
8 May 2008
Wall Street tumbled Wednesday as the price of a barrel of oil soared to a record near $124 and touched off concerns that the stock market's recent gains might have been premature as consumers grapple ...

Stocks retreat as oil prices creep higher (AP via Yahoo! News)
8 May 2008
Wall Street tumbled Wednesday as the price of a barrel of oil soared to a record near $124 and touched off concerns that the stock market's recent gains might have been premature as consumers grapple ...

Fitz Bits: Solid Signal for NYX
7 May 2008
But the stock has run too far to go long here. Here's how to play it.

Gammon Gold Jumps Above Moving Averages (Nasdaq)
7 May 2008
(RTTNews) - Gammon Gold (GRS) has risen steadily throughout most of the first hour and a half of trading. The stock broke resistance and surpassed both its 50-day and 200-day moving averages, up 83 ce...

Indicators Suggest Time for Caution
6 May 2008
Despite the move up, we are starting to approach resistance and overbought levels, and time may not be on our side.

Energy Still Has Juice
6 May 2008
The technicals show yet more upside in these leaders.

FWLT Preview: Favorable Lumpiness?
6 May 2008
Consensus estimates are for EPS of 73 cents on revenue of $1.48 billion.

Wait for FNM's Next Capital Raise
6 May 2008
The government-sponsored enterprise reported a loss of $2.57 per share on $3.8 billion in net revenue.

Fits Bits: Get on Board With Diana Shipping
6 May 2008
The stock's latest breakout above resistance in another bullish move to the upside.

Still a Short-Term Correction
6 May 2008
But keep an eye on the dollar/yen. If it comes down hard, watch out.

CBOT Corn Outlook: Up 1-2 Cents On Overnight Gains (INO News)
30 Apr 2008
U.S. corn futures are expected to open 1-2 cents a bushel higher on follow-through buying from overnight gains and spillover support from expected firmer soybean and wheat futures, analysts said Wedne...