User Charts

Sell in May and go away?

It is do or die for the markets right now with “sell in May and…

Doc Dow’s Chart of the Week: SPY

The Original Red Dot ( first )on Spy chart signals a Weekly sell signal …As…

FTSE100 – Higher or Lower? Place Your Bets…

FTSE has been making hard work of any decisive direction and remains sandwiched in between…

LSE:DEB – Ascending Triangle

Trend: – Short/Medium-Term bullish – Established ascending trendline – Trading above 8/21/50/200eMA’s Volume: – Volume…

LSE:SPD Channel Breakout

Sports Direct International (LSE:SPD) broke out of the channel to the upside on Friday to…

DAX seeing a move?

The DAX is also seeing a move which could still be impulsive if we adopt…

Is it worth shorting Groupon?

After an initial burst through the eagerly anticipated IPO offering price of $20 and trading…

Why I bought McKesson (MCK)

Read more on Bob’s main blog, Stock Picks Bob’s Advice!  As always, please remember that I…

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FX

Chart of the day: Hang Seng tries to find a footing

Asian markets tumbled today. However, there is some light at the end of the tunnel for some. Take Hong Kong’s Hang Seng index. The market gapped downwards. Of course this is displays weakness, but on occasions, a gap can be interpreted as a form of acceleration, which is a trend-ending feature in technical analysis. Other…

Chart of the day: XAU deeply oversold

The Philadelphia Gold & Silver Index shed 3.8% on Tuesday. The decline from the large top is quite clearly stretched out, and the RSI momentum indicator confirms an oversold situation. Therefore, one would have to ask the question of how much lower can valuations get before a correction is witnessed? There is probably limited downside…

Chart of the day: Breakout by US$ v Swissie, but…

After the briefest of hesitations, the US Dollar cleared the late-January/mid-May range highs against the Swiss Franc. In the hotline for 9 May, we said it would be worth buying such a breakout for the upside potential towards the January peak near SF0.95. However, with the RSI momentum indicator now in overbought territory, the risk…

Chart of the day: XAU deeply oversold

The Philadelphia Gold & Silver Index shed 3.8% on Tuesday. The decline from the large top is quite clearly stretched out, and the RSI momentum indicator confirms an oversold situation. Therefore, one would have to ask the question of how much lower can valuations get before a correction is witnessed? There is probably limited downside…

Experian: Sell Strength?

Experian Group has had a strong uptrend during 4Q of 2011 and 1Q of 2012, where prices rose by more than 40% (see right). This orderly uptrend, however, is largely behind us. Prices encountered strong resistance at the psychological level at 1000p and suffered a sharp correction of late. When a stock breaks its consistent…

Commodities

Chart of the day: XAU deeply oversold

The Philadelphia Gold & Silver Index shed 3.8% on Tuesday. The decline from the large top is quite clearly stretched out, and the RSI momentum indicator confirms an oversold situation. Therefore, one would have to ask the question of how…

Chart of the day: Gold renews downtrend

Metals sectors deteriorated on Tuesday. Gold suffered a sharp fall to break support at the…

Chart of the day: Crude breaks resistance

The price of the Crude contract has managed to push past sideways resistance near 105,…

Chart of the day: Soybean issues jump

The Soybeans complex picked up on Friday. The Soybeans contract itself is listed in the…

Indices

Chart of the day: African index reasserts uptrend

The JSE African Industrial 25 index has managed to find support at 50-day moving average during the…

Sell in May and go away?

It is do or die for the markets right now with “sell in May and…

Chart of the day: Top by SMI

This chart of Switzerland’s SMI index last appeared in the hotline for 24 April. It…

Chart of the day: Hang Seng tries to find a footing

Asian markets tumbled today. However, there is some light at the end of the tunnel for some. Take Hong Kong’s Hang Seng index. The market gapped downwards. Of course this is displays weakness, but on occasions, a gap can be…

Fixed Income