<p>Here is an Introduction to charting a mini <a href="http://www.drummondgeometry.com/">technical analysis course</a>.</p><p style="background: #ffffff; margin-bottom: 0in; margin-left: 0.03in">In the reading of any chart formation, it is important…
Learning About Moving Aver [...]
Support and ResistanceNever in my life have I seen something like all the methods that are c [...]
Drummond Geometry Pipes IndicatorThe chartist can either take atechnic [...]
Long Term ChartA technical ana [...]
Resistance LevelsIt needs to be pointed out that as more people are participating in the mar [...]
Technical analysis is for the short ter [...]
In order to ascertain price movement &n [...]
A study of market action is an investig [...]
The chartist is always concerned with h [...]
The speculator need not be a statistici [...]
A technical analysis course will give you the knowledge that there are sayings out there that can justify most things. A plausible maxim is always there that seems to take opposed actions and justify them . No matter what the event a descript... Read and post comments | Send to a friend
With foodgrain stocks mounting and good monsoons promising yet another bumper harvest, government has decided to export around 300,000 tonne of wheat and rice to Bangladesh and Nepal through diplomatic channels.
Anxious that interest rates may move up quickly and that they may have to pay more to attract deposits later, banks on Wednesday rushed to announce higher deposit rates. Among the banks that announced an increase were HDFC Bank, Central Bank and Laxmi Vilas Bank. Bank of India executive director M…
Social networking websites such as Facebook and Twitter are gradually emerging as important shopping tools as the majority of users now rely upon them to help make their purchasing decisions, a new survey has found.
George Osborne, chancellor of exchequer, UK, has asked India to liberalise licensing norms for the UK banks through the....
Banks will get more time and leeway to introduce new global capital rules but calls to lend more freely may be harder to resist as a result and the new regime will still be far tougher than anything that exists now.
A day after the Reserve Bank of India raised key policy rates, deputy governor Subir Gokarn said he expected ..
The net profit of Corporation Bank for the quarter ended June 30 rose 27.76% to Rs 333.78 crore from Rs 261.25 crore recorded in the corresponding period of the last fiscal.
A universal food security Act remains an important agenda item for the National Advisory Council and the UPA...
Rupee fell from near a one-week high on speculation local companies stepped up imports to take advantage of a decline in global commodity prices, boosting demand for foreign exchange.
The customs department has received a shot in the arm with the Supreme Court asking liquor major Pernod Ricard India (P) to pay huge amount towards differential customs duty on import of concentrate of alcoholic beverages.
Hinting at further moderation in the industrial growth as measured by the index of industrial production,....
The government on Wednesday said it is mulling over steps to give a further push to exports, which have grown by over...
Europe's largest defense companies appear likely to rely more heavily on exports in the months ahead as cash-strapped governments reign in arms spending.
Bad spending habits like overdrawing a checking account are good for banks, and for technology and marketing companies trying to help them preserve billions of dollars in overdraft fees.
When Apple Inc. launched the iPhone 4 and its FaceTime videoconference feature, Adult-entertainment cos made quick progress in developing video-sex chat services and hiring workers through Craigslist.
Shares of mid-sized banks have risen more than their larger peers in 3 months & could continue to perform better in near-term. Chart: Mid-cap bank stocks buzzing
Punjab National Bank on Wednesday raised 4.8 billion rupees via certificates of deposit (CDs), Thomson Reuters data showed.
Financial inclusion and financial literacy will be the paramount objective while implementing reforms along with UID project to protect the interests of poor.
The RBI recently cut interest rates by 50 bps, primarily looking at concerns over lingering global economic slowdown and worsening domestic economic situation.
Having good social relationships - friends, marriage or children - may be every bit as important to a healthy lifespan as quitting smoking, losing weight or taking certain medications, US researchers reported on Tuesday.
Anshu Jain - Deutsche Bank , shares his views on the Euro and Deutsche's businesses. Gainers & losers | Mid-term Picks | Top 5 picks | Q1 Earnings
Etios is specifically made for India, Toyota is taking it across the country under the 'World First, India First' tagline that has gained tremendous response. Etios
Watch out. Indexing methods have become more complex--and more costly.
Peter Voser, chief executive, says deep-water drilling has important role to play in global energy supply, as the Anglo-Dutch oil group announces a near-doubling in second-quarter profit to $4.53bn
Push to boost transparency of regions’ securities markets includes call for a ‘consolidated tape’ for pricing data to tackle lack of transparency as part of biggest regulatory overhaul in years
With foodgrain stocks mounting and good monsoons promising yet another bumper harvest, government has decided to export around 300,000 tonne of wheat and rice to Bangladesh and Nepal through diplomatic channels.
Anxious that interest rates may move up quickly and that they may have to pay more to attract deposits later, banks on Wednesday rushed to announce higher deposit rates. Among the banks that announced an increase were HDFC Bank, Central Bank and Laxmi Vilas Bank. Bank of India executive director M…
Social networking websites such as Facebook and Twitter are gradually emerging as important shopping tools as the majority of users now rely upon them to help make their purchasing decisions, a new survey has found.
George Osborne, chancellor of exchequer, UK, has asked India to liberalise licensing norms for the UK banks through the....
Banks will get more time and leeway to introduce new global capital rules but calls to lend more freely may be harder to resist as a result and the new regime will still be far tougher than anything that exists now.
A day after the Reserve Bank of India raised key policy rates, deputy governor Subir Gokarn said he expected ..
The net profit of Corporation Bank for the quarter ended June 30 rose 27.76% to Rs 333.78 crore from Rs 261.25 crore recorded in the corresponding period of the last fiscal.
A universal food security Act remains an important agenda item for the National Advisory Council and the UPA...
Rupee fell from near a one-week high on speculation local companies stepped up imports to take advantage of a decline in global commodity prices, boosting demand for foreign exchange.
The customs department has received a shot in the arm with the Supreme Court asking liquor major Pernod Ricard India (P) to pay huge amount towards differential customs duty on import of concentrate of alcoholic beverages.
Hinting at further moderation in the industrial growth as measured by the index of industrial production,....
The government on Wednesday said it is mulling over steps to give a further push to exports, which have grown by over...
Europe's largest defense companies appear likely to rely more heavily on exports in the months ahead as cash-strapped governments reign in arms spending.
Bad spending habits like overdrawing a checking account are good for banks, and for technology and marketing companies trying to help them preserve billions of dollars in overdraft fees.
When Apple Inc. launched the iPhone 4 and its FaceTime videoconference feature, Adult-entertainment cos made quick progress in developing video-sex chat services and hiring workers through Craigslist.
Shares of mid-sized banks have risen more than their larger peers in 3 months & could continue to perform better in near-term. Chart: Mid-cap bank stocks buzzing
Punjab National Bank on Wednesday raised 4.8 billion rupees via certificates of deposit (CDs), Thomson Reuters data showed.
Financial inclusion and financial literacy will be the paramount objective while implementing reforms along with UID project to protect the interests of poor.
The RBI recently cut interest rates by 50 bps, primarily looking at concerns over lingering global economic slowdown and worsening domestic economic situation.
Having good social relationships - friends, marriage or children - may be every bit as important to a healthy lifespan as quitting smoking, losing weight or taking certain medications, US researchers reported on Tuesday.
Anshu Jain - Deutsche Bank , shares his views on the Euro and Deutsche's businesses. Gainers & losers | Mid-term Picks | Top 5 picks | Q1 Earnings
Etios is specifically made for India, Toyota is taking it across the country under the 'World First, India First' tagline that has gained tremendous response. Etios
Watch out. Indexing methods have become more complex--and more costly.
Peter Voser, chief executive, says deep-water drilling has important role to play in global energy supply, as the Anglo-Dutch oil group announces a near-doubling in second-quarter profit to $4.53bn
Push to boost transparency of regions’ securities markets includes call for a ‘consolidated tape’ for pricing data to tackle lack of transparency as part of biggest regulatory overhaul in years
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Term of the Day for Thursday, July 29, 2010
A new name may make a fund look fresh and exciting, but has anything really changed?
Choosing either ETF options or index options can make the difference between big profits or a big bust.
It's likely that Seth Klarman believes Multimedia is worth much more than $4 a share to anyone interested in purchasing the company.
Masco has no choice but to bide its time until the sales and demand climate improves.
Making bets on stocks that have been driven down too far can be a great way to catch some of the next batch of winners.
The strong results coming out of names like Cummins and other industrial giants are a sign that these businesses will lead the economy back to growth.
Israel offers solid fundamentals with the high-growth potential of a tech economy.
Occidental Petroleum is exploring and developing its acreage in California as it examines both unconventional and conventional opportunities.
When dividends are raised in the midst of a market correction, it's especially comforting.
None of the steelmakers are looking for a great second half, but is this part of a larger problem?
Wall Street is giving investors the chance to purchase a top-tier generics company at a discount price.
Wall Street did not like Thermo's guidance, but that could be an opportunity for patient investors looking for a low-beta life sciences play.
Despite being a tech company and trading for nearly 20 times earnings, Apple may be the one tech play that provides a great blend of both value and growth.
Cramer says it's time for investors to stop selling at any sign of weakness and to return to a sane investing strategy.
Of all the stocks to short, why do people want to short Apple?
Term of the Day for Wednesday, July 28, 2010
This simple ratio will tell you how much that extra return is really worth.
In the long run, one of the best approaches to successful trading might be melding these two seemingly disparate methods together.
Value investor Seth Klarman owns 2.6 million shares of the paper company that reverse split 1:12 in 2009.
This drug distribution company is reaping the benefits of drug patent expiration and the government's new focus on healthcare.
This earnings breakdown and discussion of machinery and foreign demand should give you an idea of the company's short-term future.
Arch Capital continues to manage a soft rate cycle, but eventually it will constrain the company's ability to grow.
Fluor is staying active, but will future margins weigh down the stock?
Illumina is leading the way in sequencing, but are investors profiting as well?
KVHI should have no troubles finding areas of growth for the foreseeable future.
Post-Earnings Stocks To Watch
Term of the Day for Tuesday, July 27, 2010
Learn the difference between correspondence and sales literature, according to NASD rules.
Find out the real cost of buying on a delayed interest plan.
Transports Shaping Up
Term of the Day for Monday, July 26, 2010
Despite its historic and symbolic appeal, this metal is simply a commodity. Here we explore its meaning as an investment.
Changing the way you think about time and risk can change the way you invest.
Frequently Asked Investing Question
Frequently Asked Investing Question
Forex trading with the martingale strategy comes with a sure payoff, but only if you have infinite resources.
What do elves have to do with investing? Meet the fairytale creatures running around Wall Street.
These funds seem simple, but there is more going on behind the scenes.
Term of the Day for Friday, July 23, 2010
Find out how a currency's relative value reflects a country's economic health and impacts your investment returns.
Get to know the basic, time-tested strategies that any investor or trader can use to profit in a rising interest rate environment.
Frequently Asked Investing Question
Frequently Asked Investing Question
Term of the Day for Thursday, July 22, 2010
These securities are meant to be held until maturity, removing the burden of complex pricing that sometimes plagues bonds.
All investors should be aware that the best time to buy stocks is when the market is tanking, according to history.
Term of the Day for Wednesday, July 21, 2010
Can your forex broker offer you the most competitive pricing? Learn how the market's biggest players affect you.
Many would-be, first-time investors in the stock market do not believe it is a fair playing field.
For the second time in two months, Akamai (AKAM) gapped down from resistance at 46. The stock first hit resistance here in mid June and gapped down in late June. AKAM moved back to resistance in July, but failed again with another gap and high-volume decline. Click this image for details
Flowserve (FLS) came across the bullish triangle alert page from the P&F pattern scans . On the P&F chart, notice how the stock broke above the bearish resistance line with a surge above 98. As far as Point & Figure is concerned, this chart remains bullish as long as the blue bullish…
While the market continued higher the last three days, Apple (AAPL) stalled with three inside days. This stall comes after last week's wedge breakout, which is still holding. A move below last week's gap (252) would negate the breakout. Click this image for details
The US Dollar Index ($USD) became oversold as RSI moved below 30 last week. In addition, notice that the index has retraced just over 62% of the March-June advance. A channel has taken shape since early June and traders should watch for a channel breakout to reverse this downtrend. Click this…
DO YOU LIKE US? DO YOU REALLY, REALLY LIKE US? - StockCharts now has an official page on FaceBook that FaceBook users can use to keep up with the latest site developments and articles. Just visit http://facebook.com/stockchartscom and click the "Like" button at the top of the page.…
Hello Fellow ChartWatchers! Are you feeling more bullish now? Last week's rallies have put some needed energy back into the traders that haven't gone on vacation this summer. Technically the market is mixed and you can see evidence of that in the articles below - John Murphy talks about a…
On the monthly chart, the S&P 500 broke below its 12-month moving average for the first time since July 2009. Even though moving average crossovers do not pick exact bottoms or tops, this moving average cross captured the major moves over the last eight years. As with all moving average…
Stocks turned in a strong performance Thursday. The three major stock indexes shown below closed back over their 50-day moving averages. The S&P 500 (Chart 2) and the Nasdaq Composite (Chart 3) did so for the first time since early May. Another positive sign is the ability of all three indexes…
Divergences are among the most misused technical analysis tool anywhere, in my opinion. The first step in successful trading using divergences is understanding both their strengths and their limitations. My preference is to focus on divergences as they relate to the Moving Average Convergence…
After a horrid 2nd quarter, the S&P 500 is sure making up it's losses at a rapid rate. We've been rather bearish of late given the S&P was trading below its major moving averages that delineate bull & bear markets, with the prospect of these important resistance levels proving…
We have added a new page of charts to help us monitor the relative strength of equal-weighted indexes against their capitalization-weighted counterparts. Cap-weighted index values are dominated by the larger-cap stocks in the index. For example, the 50 largest-cap stocks in the S&P 500 represent…
The AD Line and AD Volume Line are both breadth indicators, but the AD Line favors small-mid caps and the AD Volume Line favors large-caps. Every day there are some 3000 stocks traded on the NYSE and 2700 stocks traded on the Nasdaq. The vast majority of these are small and mid-cap issues.…
Despite all the troubles in Europe, the German DAX ($DAX) remains in a uptrend since March 2009 and has yet to roll over. The index is above its 12-month moving average and MACD(5,35,5) is positive. However, notice that index retraced 50-62% of its prior decline and is starting to stall. This is a…
The 20+ Year T-Bond ETF (TLT) continues to trend higher within a large rising price channel. The ETF surged above the channel during the finance crisis of 2008, but returned to this channel in 2009 and resumed its rise in 2010. Long-term support is set at 85. Click this image for details
The monthly chart below shows the S&P 500 holding its 12-month moving average throughout long-term moves over the last 9 years. A decisive close above or below this 12-month moving average has been indicative of a long-term trend change, which occurred last month. Also notice that MACD(5,35,5)…
Believe it or not, the Technology SPDR (XLK) is outperforming the S&P 500 ETF (SPY) in July. The chart below shows four price relatives comparing the performance of the Technology SPDR (XLK), Industrials SPDR (XLI), Financials SPDR (XLF) and Consumer Discretionary SPDR (XLY) to the S&P 500…
The PerfChart below shows the percentage change for the nine sector SPDRs over the last five days (last week). Stocks were holding up well until Friday. With Friday's sharp decline, finance is now showing relative weakness because it declined more than the S&P 500 and more than any other…
Attention Facebook Users! Be sure to visit our new Facebook page click the "Like" button to let everyone know about your favorite charting website!
Currency movements can enhance or detract from the performance of ETFs based on foreign indices. In general, the ETFs outperform the underlying index when their currency is strong and underperform when their currency is weak. Let's compare the Euro Stoxx 50 SPDR (FEZ) with the Euro Stoxx 50…
Cummins Engine came across the bearish engulfing scan as it opened strong and closed weak near resistance. The stock failed in the 74-76 area in April, May and June. July marks the fourth attempt. A move above resistance would break resistance from a rather large symmetrical triangle. Click this…
