RECENT NEWS AND PICKS

Penny Stock List

Chip Anderson | ChartWatchers

This is the first part of a series of articles about Technical Analysis from a new course we're developing. If you are new to charting, these articles will give you the "big picture" behind the charts on our site. if you are an "old hand", these articles will help ensure you haven't "strayed too far" from the basics. Enjoy!

Technical analysis is the study of price and volume changes over time. Technical analysis usually involves the use of financial charts to help study these changes. Any person who analyzes financial charts can be called a Technical Analyst.

read more

John Murphy | The Market Message

I recently wrote about how investment grade corporate bonds were starting to gain some ground on Treasury bonds. Today, I'm adding two other bond categories to that list. The flat line in Chart 1 is the 20+Year Treasury Bond iShares (TLT) which has been the strongest part of the yield curve over the past few months. That's been partly due to a flight to safety and deflationary concerns. The three other lines in Chart 1 are relative strength ratios versus the TLT. All three bond ETFs have been gaining ground on Treasury Bonds since mid-December. The strongest has been the LQD (blue line) which I wrote about in the earlier article. The next strongest is National Muni Bond Fund (PZA) which is the green line. The next in line is the High Yield Corporate Bond Fund (HYG).

read more

Richard Rhodes | The Rhodes Report

Richard Rhodes will be back in the next issue.

Carl Swenlin | DecisionPoint

In my January 2 article I pointed out that the stock market was overbought by bear market standards, but that the rally had plenty of internal room for prices to expand upward if bullish forces were to persist. There was a brief rally and a small breakout, but then the rally failed, breaking down from an ascending wedge formation. I wasn't really expecting a bullish resolution, but one must keep an open mind when appropriate conditions appear.

On the chart below you can see the short-term declining tops line through which the breakout occurred. Instead of a buying opportunity, it was a bull trap. At this point we must assume that the November low will be tested. Note also that the PMO has crossed down through its 10-EMA, generating a sell signal.

read more

Arthur Hill | TD Trader

With a bounce on Friday, the Euro Trust ETF (FXE) found support from a confluence of indicators and chart features. First, broken resistance turns into support in 130-132 area. Second, there is support in this area from the 50-day moving average. Third, the decline over the last few weeks retraced around 62% of the prior advance. The ETF was also oversold after a rather sharp decline from 145 to 130. This combination of conditions and chart features made FXE ripe for a bounce.

read more

Thomas J. Bowley | Invested Central

An interesting result of the government bailout of the financials and automakers, along with the huge economic stimulus package will be the long-term impact on the U.S. dollar. Can the dollar maintain its relative value as interest rates fall and deficits mount? Let's take a look at a few charts regarding the dollar and how we can profit if the dollar does plunge. First, let's take a look at the long-term picture of the dollar:

read more

Mickey Levy: Bloomberg On the Economy With Tom Keene

David Resler: Bloomberg On the Economy With Tom Keene

Sophia Drossos: Bloomberg On the Economy With Tom Keene

Merk and Maki: Bloomberg On the Economy With Tom Keene

Josh Shapiro: Bloomberg On the Economy With Tom Keene

Marco Annunziata: Bloomberg On the Economy With Tom Keene

Ward McCarthy: Bloomberg On the Economy With Tom Keene

Gerald O'Driscoll: Bloomberg On the Economy With Tom Keene

Peter Wallison: Bloomberg On the Economy With Tom Keene

Daniel Clifton: Bloomberg On the Economy With Tom Keene

Malpass and Meltzer: Bloomberg On the Economy With Tom Keene

Catherine Mann: Bloomberg On the Economy With Tom Keene

Roy Smith: Bloomberg On the Economy With Tom Keene

Peter Orszag: Bloomberg On the Economy With Tom Keene

Peter Hessler: Bloomberg On the Economy With Tom Keene

Raymond Stone: Bloomberg On the Economy With Tom Keene

Charles Peabody: Bloomberg On the Economy With Tom Keene

Stiglitz, Wachter, Wei on Economy, Jobs, China: On the Economy

Ellen Zentner: Bloomberg On the Economy With Tom Keene

Alan Ruskin: Bloomberg On the Economy With Tom Keene