October 28th, 2007 by Corey Rosenbloom
Inter-market relationships have been performing somewhat according to script lately, so let’s look quickly at what we might learn from the current posture.
An overview:
Bond prices and stock prices move together (though bonds often lead stocks)
The US Dollar Index moves inversely to most commodity prices (inflation based factors)
Commodities and bond prices often move inversely
The US Dollar […]
October 26th, 2007 by Corey Rosenbloom
Quick – what would imagine as the worst looking chart ever?
I’m sure a lot of images come to mind, and while this example might not be the worst ever, it is definitely worth noting, at least from a ‘trivia’ standpoint.
The stock is WellCare Group (WCG) and the price closed Wednesday at $115 and opened Thursday […]
October 25th, 2007 by Corey Rosenbloom
Excluding Island Reversals, there are three major types of gaps that occur in technical analysis. Amazon.com does a great job of teaching us the difference between these gaps, as price has presented a near textbook example of the normal progression of the three gap types. Let’s look closer.
1. Breakaway Gap
Breakaway gaps occur […]