Posts Tagged ‘ISRG’

• 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 [...]

• Stocks to Watch
  Joe Fahmy, February 17th, 2010 at 9:54 pm, Comments: 0

  As I continue to wait patiently for the market to prove itself, here are some observations: 1) The light positions that I took over the past week have worked out well so far: $NETL $CAGC $ISRG $GMCR $NFLX. 2) I took some profits on $NETL into strength on Tuesday and it pulled back on light volume Wednesday. It's always [...]

• 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 [...]

• 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 [...]

• Observations so far this week
  Joe Fahmy, December 22nd, 2009 at 4:10 pm, Comments: 0

  Let's review some positives and negatives so far this week: Positive signs: The market continues to be resilient. The Big Caps are acting strong and many trading ideas are working out very well. Recent examples highlighted on this blog include $LULU +9.3% $HGSI +8.5% $CERN +4.9% $CML +3.8% $AAPL +2.5%. These are two-day gains! Negative [...]

• 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 [...]