Posts Tagged ‘GMCR’
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Intra-day Memo 4/19/10
Joe Fahmy, April 19th, 2010 at 12:18 pm, Comments: 0I 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 [...]
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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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The Market Tends to Fool the Majority
Joe Fahmy, March 22nd, 2010 at 8:45 pm, Comments: 0In my weekend blog post, I mentioned 3 possible scenarios: 1) The market could continue to be resilient and scream higher 2) The market could correct before heading higher or 3) We could possibly see an overall top. I thought we would see scenario #2. After my post, I received several emails in which everyone [...]
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Some Stocks to Watch
Joe Fahmy, March 15th, 2010 at 9:30 pm, Comments: 0The market continues to act well. In the following video, I go over some of the constructive signs I saw on Monday as well as some stocks to watch. For best results, I recommend maximizing your screen and watching the highest quality video setting (720p) so the charts are clearer. Follow me on Twitter @jfahmy
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A Good Entry Point is Everything!
Joe Fahmy, March 14th, 2010 at 5:41 pm, Comments: 0Whether you are a short, medium, or long-term trader, having a good entry point on your purchases is very important. It can help you sit through corrections in your stocks, many of which could be normal pullbacks or retracements in an overall strong uptrend. In the following video, I go over some keys to look for when buying a [...]
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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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Relative Strength Video
Joe Fahmy, March 7th, 2010 at 1:58 pm, Comments: 0Back 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, [...]
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Healthy Signs
Joe Fahmy, March 4th, 2010 at 12:32 am, Comments: 0After two big volume accumulation days on Monday and Tuesday, it was nice to see the market consolidate on low volume Wednesday. I always find it constructive when indexes make strong progress and barely give any of their gains back. Hopefully, you were able to take advantage of the abundance of breakouts the past few [...]
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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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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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