Posts Tagged ‘DNDN’

• Relative Strength Video
  Joe Fahmy, March 7th, 2010 at 1:58 pm, Comments: 0

  Back in October 2009, I posted an article titled: "The Three Ways I Use Relative Strength" (click here to read). During the recent Jan/Feb correction, I applied the concepts from this article to find a group of stocks that SIGNIFICANTLY outperformed the market. I describe the thought process in the video below. For best results, [...]

• Market Continues to Strengthen
  Joe Fahmy, March 1st, 2010 at 8:37 pm, Comments: 0

  On 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 [...]

• 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 [...]

• Slow and Steady
  Joe Fahmy, February 23rd, 2010 at 1:32 am, Comments: 0

  The NASDAQ Composite bounced off 2100 on February 5th and ran approximately 150 points in nine trading days. After these types of gains, it is normal to expect some form of consolidation. When the indexes barely pullback on light volume, as they did on Monday, I view this action as constructive and healthy.
  Over the past week, [...]

• Market Resilience
  Joe Fahmy, February 22nd, 2010 at 12:10 am, Comments: 0

  When the futures were down -1% last Thursday night, I mentioned that the market would "shake off" the Fed's discount rate increase. My reasoning was based on the strong price action of leading stocks and the number of stocks looking to complete the right side of their bases over the next 2-4 weeks. In other [...]

• What to look for on Friday…
  Joe Fahmy, February 19th, 2010 at 1:25 am, Comments: 0

  I believe in the phrase "stick to what you know." I am a stock trader and not an economist, so I try not to comment much about the Fed's actions. I prefer to "turn off the noise" and focus on the price action of leading stocks.
  Over the past few days, I mentioned to remain patient [...]

• Positive Signs But Be Patient
  Joe Fahmy, February 17th, 2010 at 2:07 am, Comments: 0

  I find it constructive that many stocks recently mentioned in this blog have performed well over the past few days. Examples include: $NETL $DNDN $ISRG $CAGC $GMCR $NFLX $BEXP. Assuming that you lightened up in mid-January and raised some cash, I still don't believe you should jump back into this market with both feet.
  After pullbacks, [...]

• Weekend Commentary and Watch List
  Joe Fahmy, February 13th, 2010 at 11:58 pm, Comments: 0

  As I wrote last week, this recent market pullback has the feel of an 8-12% intermediate-term correction rather than an overall top. I gave my reasoning in Thursday's blog post (click to read).
  While going over my weekend screens, I noticed that many stocks are putting in tight patterns on their Weekly charts and could be building new [...]

• Updated Market Thoughts
  Joe Fahmy, February 11th, 2010 at 2:32 pm, Comments: 0

  This 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 minor corrections [...]

• 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 [...]