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Join Live Chat with Corey on Trading Tactics Tuesday 1pm EST

I’m pleased to announce that the Money Show.com Virtual Studio will be hosting a brief Live Chat and Q&A with me Tuesday, March 23 at 1:00pm EST / 12:00 CST entitled: “Quick Tips on Enhancing Breakout, Reversal, and Retracement Trading Strategies.” Click the image for more information: I’m excited to participate in this new “Virtual…

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Technician’s Edge: Sector Return Model YTD Shows Strange Utility Behavior

Today’s “Technician’s Edge” post at GreenFaucet.com is entitled “Sector Return Model Year-to-Date Shows Strange Behavior in Utilities XLU,” which not only looks at the 2010 returns so far from the Sector Rotation Model, but at the current daily chart of the XLU Utilities Sector SPDR. Here is a chart of the current Year-to-Date Sector Returns…

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Technician’s Edge: Gold Successfully Defends Critical Support

Today’s article for the Technician’s Edge column at the Green Faucet Financial Website is entitled “Gold Successfully Defends Critical Support,” where I define why $1,075 is the critical level to watch and how today’s bounce – and potential rally from this point – was anticipated from this support level and a lower timeframe positive divergence….

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Apple AAPL Update: Daily Support but Monthly Bearish Engulfing

Apple (AAPL) investors rode a roller-coaster of news and stock price action last week, culminating in a massive sell-off in four days from the $215 area to the present $190 level. Let’s take a quick look at the Daily chart to highlight a key support level and then link to a video analysis by Adam Hewison who notes the “Bearish Engulfing Line” on the Monthly frame.

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Indicators the Disciplined Investor is Watching

I wanted to call attention to a weekly piece usually published each Monday by Andrew Horowitz of the Disciplined Investor entitled “Indicators We Are Watching.” Today’s update is entitled “Expect a Bounce, Then….” which highlights some key points that warrant attention. The above charts are a sample of his report, and clicking the image will…