Friday 4th July The three major US stock indices have made recent bullish breakouts and I am on the lookout for bullish continuation here. I have reviewed some stock indices and ETFs and then posted charts of some key US and Aussie stocks that I keep stalking and trading! S&P500 index: this has made a bullish […]
1st July 2014 June has now closed and we have yet to see the ‘Sell in May and Go Away’ phenomenon for 2014. In fact, it has been the quite the opposite. The S&P500 and DJIA have recently made bullish ascending triangle breakouts and the NASDAQ made a ‘Bull Flag’ breakout and has also made […]
Wed 18th June With the proverbial ‘calm’ before the ‘FOMC and BoE storm’ I thought I’d take a look at the S&P500 and try to identify potential targets for both bullish and bearish movement options. This heavy weight index is currently paused just under its major high but above a significant triangle breakout region:
Sunday 15th June Planned export of Australian LNG may trigger trading opportunities for those stocks within this sector. I have been advised that LNG exports from Queensland are scheduled to increase towards the end of the year and it was suggested that local gas prices might increase significantly to keep pace with prices that will be obtained for the export LNG. Thus, I thought […]
Sun 8th June Intel has made a rather bullish close to the week and has finished above the key resistance level of $28: