Posts Tagged ‘DNDN’

• 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 [...]

• 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 [...]

• 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 [...]

• 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 [...]

• 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 [...]

• 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. [...]

• 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 [...]

• Market Notes (11/17/09)
  Joe Fahmy, November 17th, 2009 at 4:01 pm, Comments: 0

  As I mentioned over the weekend, a strong volume move above 2190 on the NASDAQ Composite would be very constructive for this market. We got that on Monday. My main concern is that since we started this 150 point rally on 11/3, EVERY trading day has occurred on below-average volume. However, I remain optimistic because [...]

• Market Notes (11/15/09)
  Joe Fahmy, November 15th, 2009 at 11:15 pm, Comments: 0

  Some observations while doing my weekend stock work: 1) Big Caps: $AAPL $AMZN $GOOG $PCLN $ISRG $BIDU. Although leadership seems to be getting narrower, I believe these stocks will continue higher into the end of the year. We could possibly repeat a 2007 scenario where the NASDAQ topped in October 2007, but stocks such as [...]

• Market Notes (11/11/09)
  Joe Fahmy, November 11th, 2009 at 8:46 pm, Comments: 0

  I always try to keep an open mind when it comes to the market. I constantly say "never get too bullish or too bearish." Just do your homework, look objectively at both the positive and negative signs, and invest accordingly. That being said, let's review what the market has shown us the past few days. [...]