Posts Tagged ‘ASH’

• Possible Rally Coming Soon
  Joe Fahmy, February 28th, 2010 at 11:06 pm, Comments: 0

  While going over my weekend screens, I noticed a number of stocks "setting up" technically across several different sectors. I feel that many of these stocks still need some time to build the right side of their bases. The market could consolidate while this happens and possibly breakout to the upside over the next 2-6 [...]

• Stocks Holding Up Well
  Joe Fahmy, February 2nd, 2010 at 1:26 pm, Comments: 0

  I constantly use the phrase: "Don't get too bullish or too bearish." It doesn’t make sense to always be Bullish or Bearish because the market is not always in an uptrend or a downtrend. I prefer to look objectively at both the positive and negative signs, and invest accordingly.
  Although I feel there may be more [...]

• Recommending Caution and Patience
  Joe Fahmy, January 20th, 2010 at 7:18 pm, Comments: 0

  My apologies for not writing in a while. As I mentioned in my last post, I have been focusing my attention on my growing money management business. We recently partnered with a well established RIA (Registered Investment Advisor). If anyone is interested in any of our managed account products, please email me directly at jfahmy@zenithasset.com.
  Also, [...]

• Observations so far this week
  Joe Fahmy, December 22nd, 2009 at 4:10 pm, Comments: 0

  Let's review some positives and negatives so far this week:
  Positive signs: The market continues to be resilient. The Big Caps are acting strong and many trading ideas are working out very well. Recent examples highlighted on this blog include $LULU +9.3% $HGSI +8.5% $CERN +4.9% $CML +3.8% $AAPL +2.5%. These are two-day gains!
  Negative signs: The [...]

• Trading Ideas
  Joe Fahmy, December 16th, 2009 at 8:29 pm, Comments: 0

  As I mentioned yesterday, the market continues in a trading range but individual stock ideas are working out. For example, some of the stocks I discussed in my blog Tuesday night performed very well on Wednesday: $FIRE +7%, $RAX +5.6%, $JST +4.3%, $DRWI +4%, $ASH 2.1%.
  As expected on Wednesday, the Federal Reserve neither changed interest [...]

• Stuck in a Trading Range
  Joe Fahmy, December 15th, 2009 at 11:45 pm, Comments: 0

  The market continues its same pattern: rally for 2-3 days, stall for 2-3 days, selloff for 2-3 days, stabilize for 2-3 days, and then rally back for 2-3 days. The result is a three-month trading range between 2000-2200 on the NASDAQ Composite. So what do we do? The key is stock selection.
  Stock selection is always [...]

• Stocks on my Watch List
  Joe Fahmy, December 13th, 2009 at 11:45 pm, Comments: 0

  Over the past month, I have pointed out that the trend of low volume bothers me because it shows a lack of conviction from the large institutions. One thing that would give me more confidence in the stock market would be finding stocks that are building sound technical bases and breaking out on strong volume. [...]