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Technical Tuesday - Mess With The Bull, Get The Horns!
Chris Rowe | August 7, 2012
Was the October, 2011 low the lowest level you'll see the stock market hit for many years to come? After a whopping 25% gain from the October low to the recent April high, the stock market certainly needed to digest that bullish feast. But how do we know if it was a healthy pullback or the first sign of the next…
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Technical Tuesday - Beware of Today's Bearish Reversal Pattern!
Chris Rowe | July 31, 2012
If you understand what a reversal day looks like, trading can be simple! Some people email me asking how I "knew" the market was about to reverse. I've been getting emails like that for well over a decade (don't forget when most people really started using email!). I never know for sure, but as students of my Technical Analysis Millionaire program…
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Technical Tuesday - Bearish Reversal or Bullish Godsend?
Chris Rowe | July 24, 2012
An old Wall Street saying: "If you don't buy it when it looks like crap, you'll never buy a bargain." Prices look awful here, if you're a bull. But the biggest bullish reversals happen when the bullish trend is right on the brink of breaking down. That's because people and computers have already started taking bearish positions; they see the…
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Technical Tuesday - Where the Smartest Traders Will Sell Stock
Chris Rowe | July 17, 2012
If you focus on the key price levels that institutional traders focus on, you'll make profits the way institutional traders do. At least in percentage terms anyway. Last week the title of my article was simple: "Be Bullish Here. Period.". Costas Bocelli also sent out a bullish trade alert in his trading service Profit Skimmer. (I obviously can't reveal the…
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Technical Tuesday - Be Bullish Here. Period.
Chris Rowe | July 10, 2012
Be bullish here. Period. If you buy the stock market (such as the SPY, which is an exchange traded fund that tracks the S&P 500), odds strongly favor that you'll make money. As long as you use proper risk management, this is the time investors and traders alike should have no problem taking on a little risk in order to…
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Technical Tuesday - Healthcare Sector Breaks All Time Highs. To Buy or Not to Buy...
Chris Rowe | July 3, 2012
Some have argued that the recent Obamacare Supreme Court ruling is a win for everyone, even conservatives, because they can run against the "largest tax increase in US history". There are a lot of traders eyeing the pop in the price of the iShares Dow Jones Healthcare Sector ETF "IYH" after the ruling, and saying that the healthcare sector certainly…
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Technical Tuesday - How to Play a Fakeout
Chris Rowe | June 26, 2012
After spending well over $2,000 on trading education instead of a vacation, a needed car part, or savings for her children, the most beautiful woman from her skin to her soul waits patiently for that "buy signal" she spent months learning about. She's gotten rid of her newbie trader jitters. She has "let the game come to her". And then,…
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Technical Tuesday - Big Buy Signal Before the Fed Announcement
Chris Rowe | June 19, 2012
One of the smartest investors I know said "you can almost smell the quantitative easing in the air." For sure, investors are fully focused on tomorrow's Fed decision, outlook and press conference. But, even ahead of the Fed's meeting announcement at 12:30, the FOMC forecasts at 2:00, or the chairman's press conference at 2:15, we will have a KEY indication…
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Excessive Bearishness - Here's How to Play It
Chris Rowe | June 12, 2012
I took a poll in one of my recent webinars asking how many people use sentiment indicators, and more than half said they did NOT!! Words can’t describe how surprised I was, as these are some of the most important indicators an investor can use. Too much bearishness is bullish -- but there is one important caveat. This caveat is…
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Technical Tuesday - Here's Why I Love GLD Right Now
Chris Rowe | June 5, 2012
Are you one of the Tycoon Report readers who enjoyed the 69% advance in GLD in 9 short months? If you didn't act on my March 2, 2010 article "5 Reasons Gold Explodes - 4 Ways to Profit From It", then you'll be glad to read about your second chance below... What is GLD? According to Yahoo! Finance: "This investment…
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