Posts Tagged ‘JAZZ’
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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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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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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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Stocks on my Watch List
Joe Fahmy, December 13th, 2009 at 11:45 pm, Comments: 0Over the past month, I have pointed out that the trend of low volume bothers me because it shows a lack of conviction from the large institutions. One thing that would give me more confidence in the stock market would be finding stocks that are building sound technical bases and breaking out on strong volume. [...]
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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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