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After a False Breakout, the Topping Pattern in the #StockMarket Continues
Plus: Despite heading lower, the Nasdaq Composite still hasn’t entered a technical correction. Excerpt from FindLeadingStocks.com’s Intraweek Update:That didn’t take long. On Monday, May 12, the S&P 500 (INDEXSP:.INX) and the Dow Jones Industrial Average (INDEXDJX:.DJI) broke out to fresh record highs, but then both stalled on Tuesday, rolled over, and negated their “obvious” breakouts on Wednesday, May 14. Remember that…
A Better Way To Bottom Fish?
LIKE THIS? SIGN UP FOR OUR FREE NEWSLETTER Infinite Opportunities: Those of you who know me know that I focus heavily on leading stocks. Why? Because by definition, leading stocks out-perform the market. So my chances for success are skewed in my favor when I focus on leading stocks. That is one tool in my…
These Stocks Are Running Out Of Fuel
Running out of Fuel There is no question that the strongest area of the market in the past week or so has been the Fuel Cell Stocks: PLUG, FCEL, BLDP. Their moves were simply not sustainable and the action today (big negative/outside reversals- after a big move) typically suggests it is time for these stocks…
3 Things I’ve Learned From Warren Buffett
By Bill Gates June 12, 2013 In May, I went to Omaha for the annual Berkshire Hathaway shareholders meeting. It’s always a lot of fun, and not just because of the ping-pong matches and the newspaper-throwing contest I have with Warren Buffett. It’s also fun because I get to learn from Warren and gain insight into how…
Interior of BURJ DUBAI
Interior of BURJ DUBAI
10 Reasons Why The Fed Will Not Raise Rates Next Week
Where’s the Data? & Would You Place This Trade? We know anything is possible but based on the “data” we don’t see a powerful reason for the Fed to raise rates when they meet on Thursday and here are 10 reasons why: First and foremost – The Fed is data dependent – Where’s the “data” that…
