Posts Tagged ‘BCSI’

• Intra-day Memo 4/19/10
  Joe Fahmy, April 19th, 2010 at 12:18 pm, Comments: 0

  I pointed out the positive and negative market signs in my video this weekend. I was thinking two scenarios could develop this week: 1) We could shake off the Goldman news and head higher because the damage wasn't too severe last Friday and the market has been incredibly resilient. 2) Many stocks that were technically [...]

• Market Preview for the Week of 4/19/10
  Joe Fahmy, April 18th, 2010 at 11:40 pm, Comments: 0

  In the following video, I review some of the positive and negative signs I currently see in the market. For best results, I recommend maximizing your screen and watching the highest quality video setting (720p) so the charts are clearer. Please keep in mind that the purpose of this blog is to help people with [...]

• Market Wants Higher
  Joe Fahmy, March 11th, 2010 at 2:53 pm, Comments: 0

  I see two scenarios from here: 1) The market goes higher or 2) We have a quick pullback and the market goes higher. My point is...I feel the market will continue higher over the next 4-6 weeks. I am basing this on the following observations: 1) Stocks are acting very strong technically. Over the past 3-4 weeks, I [...]

• 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 [...]

• 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. [...]

• Nothing But Stocks
  Joe Fahmy, December 27th, 2009 at 12:34 am, Comments: 0

  I'm going to keep the Market Commentary brief because I have many stocks to cover. I mentioned in last weekend's blog (click here to read) that the market would breakout to the upside over the next 3-6 weeks. Last week, this upside move began with a +3.3% gain on the NASDAQ Composite. Of course, the market will back [...]

• Stock to Watch for Tuesday 12/22/09
  Joe Fahmy, December 21st, 2009 at 5:22 pm, Comments: 0

  Many of the stocks I highlighted in my weekend blog significantly outperformed the market on Monday. Examples include: $HGSI +5.1%, $BCSI +3.9%, $LULU +2.9%, $CML +2.4%, and $AAPL +1.4%. It would have been nice to see stronger volume in the overall market on Monday, however, the action of leading stocks keeps me positive. Here are a [...]

• The Upcoming Rally
  Joe Fahmy, December 19th, 2009 at 12:55 am, Comments: 0

  I feel the market will breakout to the upside over the next 3-6 weeks. Here are my reasons and some stocks to watch: 1) Big Caps: I have said all along "watch the action of the Big Caps." Why? Because the large institutions traffic in this area and watching these stocks usually shows us what they [...]

• 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. [...]

• Market Notes (11/22/09)
  Joe Fahmy, November 22nd, 2009 at 4:45 pm, Comments: 0

  My apologies for the infrequent updates last week as I attended the Traders Expo in Las Vegas. I am pleased to have met some great traders from the StockTwits Network. I look forward to continuing to build strong friendships and networking with more sharp traders. On to my review of last week's market action: Overall, I feel [...]