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Author Archive




Strategies for Trading Stock Pivot Points

The team at High Chart Patterns, a stock newsletter service, wrote in with tips on trading stock pivot prices.

We wanted to discuss today the various ways you can use our entry prices; numbers which are always representative of an important spot, be it resistance, break of downtrend line, etc, and which often act like magnets for stocks.
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IGR Symmetrical Triangle Breakout

IGR, ING CLARION GLBOBAL REAL ESTATE, showed up on my symmetrical triangle stock trading program.

stock trading investing

I like the bull flag breakout that happened in July, and I like the symmetrical breakout that happened today. I'm not sure if this is a real stock or an ETF, but I just like the chart.



WCG Stock Trading Chart

WCG, Wellcare Health Plans Inc, has a good looking stock chart after a making a runaway gap. Here is the stock trading chart technical analysis.

stock trading chart technical analysis

I like how the support is still holding strong on this chart. WCG made a bullish candle after retesting the support today. The trend is your friend until it ends.



CXW Runaway Gap-Up

CXW, Corrections Corp or America, is in a bullish uptrend after making a runaway gapup.

STOCK TRADING INVESTING

CXW formed a bullish hammer today after making a test of the uptrending support. The trend is your friend until it ends.  



RGA Ascending Triangle Breakout

RGA, Reinsurance Group of America, stock has made an ascending triangle breakout, closing at new highs.

STOCK TRADING INVESTING

I like ascending triangles, so keep this on your watchlists.  



Stock Trading Giveaway

Don't forget, the stock trading book giveaway ends TOMORROW, 8/1 at 11:59pm PST. Enter now!!



Equinix Server Migration

Last weekend, I had the site moved to Steadfast Networks, our new hosting provider.

DATACENTER

thebulltrader.com is now hosted at the prestigious Equinix datacenter in Chicago, IL. I hope this move will fix all the downtime problems that the site has been having lately.



MRO Bull Flag Breakout

MRO, Marathon Oil Corp., has showed up once again on my technical analysis stock screen. 

mro_072906.PNG

I highlighted the stock a few weeks ago when MRO broke out of a downtrend. Keep MRO on your watchlists. I'm bullish on the energy, utilities, and oil sectors.



NVDA Technical Analysis

NVDA, Nvidia Corp., has been in the news lately because of possible buyout rumors from semiconductor giant INTC, Intel Corp.

The stock technical analysis for NVDA looks bearish. Although they have broken up above a downtrending resistance, it has formed a bearish "shooting star" type of candlestick today. Demand for the stock right now is probably driven largely in part by short covering & speculation. Keep it on your watchlists.



DLLR Bull Flag Breakout

The stock chart for DLLR, Dollar Financial Corp., is looking very clean and bullish.

I like the bull flag breakout on the stock. Keep DLLR on your watchlists because it is on fire! 



GOOG 200DMA Retest

GOOG, Google Inc., made a sell signal a few days ago before their earnings report. Since then, GOOG has failed to recover from the breakdown.

GOOG stock chart trading

In March 06, GOOG made a similar style of breakdown below the 200DMA. The price patterns and Full STO look similar, so keep an eye on it to see if history repeats itself. GOOG is neutral-bullish if it can close above the 200DMA and very bearish if it closes below $380.



Best Mutual Funds of 2006

I found a cool article with the top 10 mutual funds of 2006. Here are the top 10 winners.

  1. American Funds Growth Fund of America's AGTHX
  2. PIMCO Total Return PTTRX
  3. American Funds EuroPacific Growth's AEPGX
  4. American Funds Investment Company of America AIVSX
  5. American Funds Washington Mutual AWSHX
  6. American Funds Income Fund of America AMECX
  7. American Funds Capital World Growth & Income's CWGIX
  8. American Funds Capital Income Builder CAIBX
  9. Fidelity Contrafund FCNTX
  10. Dodge & Cox Stock DODGX

It's always good to have a piece of your investments stashed away in mutual funds or ETFs.



LRY Consolidation Breakout

LRY, Liberty Property Trust, has bottomed out and has made a bullish consolidation breakout.

Liberty Property Trust operates as a real estate investment trust. I like the long stock trading range the last few months because long bases make for big breakouts. 



LNT Ascending Triangle Breakout

LNT, Alliant Energy Corp., has broken out of an ascending triangle stock chart formation.

LNT has a good support, and it is in the energy industry, which is very strong right now. Keep LNT on your watchlists; ascending triangles are my favorite setup.



ESRX Inverse Head & Shoulders

The gap up on ESRX, Express Scripts Inc., caught my eye today.

ESRX has broken out of a downtrend and what appears to be an inverse head and shoulders stock chart setup. Also notice the symmetrical triangle upside breakout. 



REY All Time High

REY, Reynolds and Reynolds Co., has broken out to all time highs. Here is the stock chart analysis.

This stock chart looks awesome. Keep in mind this is a weekly chart. REY has support right now at around $31, so keep it on your watchlists for a swing trading setup.



BK Bullish Reversal Breakout

BK, Bank of New York Co. Inc., has broken out of a death spiral sell off.

The chart is a classic bullish reversal chart pattern.



DOX Downtrend Breakout

DOX, Amdocs Ltd., has broken out of a downtrend.

It also looks like the stock formed a double bottom stock chart pattern at around $33.50. Keep DOX on your watchlists as long as it stays above the yellow support. Otherwise, it may drift lower to fill the gap. 



IDA Consolidation Breakout

IDA, IdaCorp Inc., showed up on my stock breakout scan.

IDA is a utilities company, and that sector has been hot lately, so keep IDA on your watchlists. 



* * * Stock Trading Book Giveaway! * * *

To celebrate the blogiversary of thebulltrader.com, I am going to give away stock trading books to my readers! I already have all the prizes in my possession, and I am ready get this giveaway going!

Giveaway Prizes for Readers of The Bull Trader

Grand Prize: "Entries & Exits: Visits to 16 Trading Rooms" by Dr. Alexander Elder (retails for $60 on Amazon).

1st Prize: "Getting Started in Chart Patterns" by Tom Bulkowski (retails for $13 on Amazon). 

Runner up Prize #1: One 2 week subscription to UCLA Trader's stock picks service. ($20 value)

Runner up Prize #2: THREE readers each get a 1 month subscription to High Chart Patterns stock picks newsletter. ($30 value)

Runner up Prize #3: One 6 MONTH subscription to Fallond Stock Picks ($80 value!)

Runner up Prize #4: One 1 MONTH subscription to Stock Insight Blog

UPDATE 7/26/06: 160+ entrants so far! The drawing will end on 8/1/06, so enter now!!

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