Posts Tagged ‘BIDU’
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THE NEXT BIG MOVE: Aired 7/25/10, 8PM
Joe Fahmy, July 26th, 2010 at 12:46 am, Comments: 0 -
THE NEXT BIG MOVE: Aired 6/27/10, 8PM
Joe Fahmy, June 27th, 2010 at 11:45 pm, Comments: 0 -
A Few Market Thoughts…
Joe Fahmy, June 23rd, 2010 at 9:02 pm, Comments: 01) My feeling is that trading this market over the next 3-6 weeks will be a total waste of time. 2) Stocks are forming bases right now, but they need more time to set up properly. PATIENCE is so important right now! 3) I wouldn't be surprised to see the market chop around through July. By [...]
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The Health Continues
Joe Fahmy, April 6th, 2010 at 12:07 am, Comments: 0In 3 of the past 7 days, we have seen some "churning" in the market. By this, I am referring to days where the market opened strong but closed near the lower end of its range. Although this was a bit concerning, I remained positive because I was still finding a number of strong fundamental [...]
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Just When We Can’t Go Higher…
Joe Fahmy, March 29th, 2010 at 6:22 pm, Comments: 0One of my favorite stock market sayings is: "Just when you think something can't go higher, it usually does, and just when you think something can't go lower, it usually does." A perfect example of this is the price of oil over the past few years. When oil went from $40 to $100, many market [...]
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Market Wants Higher
Joe Fahmy, March 11th, 2010 at 2:53 pm, Comments: 0I 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 [...]
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Market Continues to Strengthen
Joe Fahmy, March 1st, 2010 at 8:37 pm, Comments: 0On February 11th, I wrote that the market pullback of late Jan/early February had the feel of an 8-12% intermediate-term correction rather than an overall top (click here to read). Since then, I recommended to SLOWLY get back into the market and increase your investment levels as you begin to see a profit. Assuming you [...]
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Possible Rally Coming Soon
Joe Fahmy, February 28th, 2010 at 11:06 pm, Comments: 0While 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 [...]
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Updated Market Thoughts
Joe Fahmy, February 11th, 2010 at 2:32 pm, Comments: 0This recent market pullback has the feel of an 8-12% intermediate-term correction rather than an overall top. I am basing this on a several observations: 1) For the most part, stocks are holding up well. 2) After major Bear Market declines of 50% or more, the average new Bull Market lasts for 18-24 months with [...]
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Nothing But Stocks
Joe Fahmy, December 27th, 2009 at 12:34 am, Comments: 0I'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 [...]
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Based in Boston, MA, Joseph Fahmy is the Chief Investment Strategist of Zenith Asset Management, LLC. Joe has over 14 years of trading experience during which he developed his investment strategy... ... More » -
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