Technical Analysis
Price Action Points to More Drawdowns. Stocks to watch out for $SPY $EWS $AAPL
I did not make much changes to the portfolio but this week have been brutal in a subtle way. I highlighted in last week’s long term analysis this week should confirm more things and true enough this week’s price action shows remarkable formation similar to that in May 2008 where the market retest the weekly [...]
Long Term Market Analysis: Caution. May not be out of the woods yet. $SPY $STI
Drizzt: long term market analysis is a series once or twice a month where we take a look at longer term trends in the market to get our bearings right on the general direction of where market prices is going. In our last long term analysis 20 days ago [analysis here >>], I mentioned we [...]
Long Term Market Analysis:Overwhelming Analysis showing market will resume the uptrend
Drizzt: long term market analysis is a series once or twice a month where we take a look at longer term trends in the market to get our bearings right on the general direction of where market prices is going. Remember my last analysis that says in the past 20 years we have not seen [...]
Apple ($AAPL) Misses Earnings–Buy on the dip opportunity
Apple after hours announces an earnings that beats their forecasts but misses Wallstreet’s consensus. Stock is down 6.14% in after hours trading. I think Apple is providing a very conservative forecast but at the same time a lot of people are expecting them to sell more, yet many could be holding back in anticipation for [...]
Long Term Market Analysis: Are we out of the woods yet? $SPY $AAPL $KO
S&P 500 Wow we got a great week that bargain hunters must be feeling great with their purchase last week. The good For the longer term investors, are we out of the woods yet? I find that currently, we can be in the same situation at May 2008. The Market made a strong push up [...]
