Posts Tagged ‘NETL’

• Intra-day Memo 4/19/10
  Joe Fahmy, April 19th, 2010 at 12:18 pm, Comments: 0

  I 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 [...]

• Market Preview for the Week of 4/19/10
  Joe Fahmy, April 18th, 2010 at 11:40 pm, Comments: 0

  In the following video, I review some of the positive and negative signs I currently see in the market. For best results, I recommend maximizing your screen and watching the highest quality video setting (720p) so the charts are clearer. Please keep in mind that the purpose of this blog is to help people with [...]

• The Health Continues
  Joe Fahmy, April 6th, 2010 at 12:07 am, Comments: 0

  In 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 [...]

• Market Wants Higher
  Joe Fahmy, March 11th, 2010 at 2:53 pm, Comments: 0

  I 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 [...]

• 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, [...]

• Healthy Signs
  Joe Fahmy, March 4th, 2010 at 12:32 am, Comments: 0

  After 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 [...]

• 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 [...]

• Video Review 2-25-10
  Joe Fahmy, February 25th, 2010 at 10:23 pm, Comments: 0

  Going forward, I plan to implement videos into my blog. My purpose is to better explain some of my market thoughts and to review the stocks on my watch list. This is my first attempt at doing this so please bear with me. I recommend watching the video in the highest setting (720p) so the charts are clearer. [...]

• 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 [...]