Volume in the market is as important as fuel to your car. Prices do not move without buyers and/or sellers. This series is aimed at giving you fundamental understanding volume behaviors. Each week we will add to the information from the previous week. To help in understanding typical volume and ...
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This little treatise was prompted, in the beginning, by recurrent published stories having to do with the airlines’ difficulties in coping with extraordinarily high, and “volatile,” jet fuel costs. Even so, it applies with equal force to users of Heating Oil and Diesel fuel, which of course ...
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HAPPY 4th of JULY UNCOMMON COMMON SENSE For People Who Think INDEPENDENCE DAY: CELEBRATION OR WAKE? The central theme behind every one of my missives is an attempt to peer into the future by evaluating the Government’s fiscal and monetary actions of today. It is an accepted fact that there ...
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HAPPY 4th of JULY UNCOMMON COMMON SENSE For People Who Think INDEPENDENCE DAY: CELEBRATION OR WAKE? The central theme behind every one of my missives is an attempt to peer into the future by evaluating the Government’s fiscal and monetary actions of today. It is an accepted fact that there ...
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One of the outstanding attributes of Candlestick analysis is its utilization of candle charts in order to ferret out reversals of trend, either as they are nearing completion or even earlier. When we find a candlestick formation which we know has been a proven performer over the years, we are sure ...
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Everyone who is familiar with Japanese Candlesticks knows about the “Morning Star,” because it is one of the most familiar bullish reversal patterns. A variant of the Morning Star set off the Great Rally of 2009. When we see it appear, we await expectantly for good things to happen. Here are ...
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Low gasoline prices were a nice Christmas present seven months ago, but – like some Christmas presents – they didn’t last long. After a long “third wave down” from $3.2571 last September to a low of $0.7877 in December, prices marked a Candlestick bullish “Hammer” pattern for the week ...
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The Dow Jones Industrials Index fell out of bed on July 2 on the basis of a terrible unemployment report. In so doing, it left in its wake a tall black Candlestick bar, which denotes a decline of 223 points on the day. This followed an outside-down day on June 11 which bearishly engulfed the ...
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UNCOMMON COMMON SENSE For People Who Think HEALTH CARE REFORM For the next few weeks the topic de jour will be Health Care Reform. So I thought a few good talking points might be useful especially if its helps you to get on the phone to your congressman and let them know what you think. And ...
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Here we go again. Economists and other observers of many persuasions are dead-on certain that the price of Gold is headed to the stratosphere, because the fundamentals demand it. Demand for physical Gold is up; production has tailed off and cannot keep up with demand; inflation and even hyperinflation ...
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UNCOMMON COMMON SENSE For People Who Think “EVERYBODY KNOWS THE DICE ARE LOADED” “The Poor Stay Poor & the Rich Get Rich” IT’S THE ONLY GAME IN TOWN Today’s situation reminds me of a time back in the 1960’s when I owned a cigarette vending machine business. As I was ...
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It was surely negative news on June 15, 2009 when the Dow Industrials price bar made an “outside-down” day and, in so doing, bearishly engulfed the Candlestick “real bodies” of the nine preceding days. I do not recall ever having seen such a bearish pattern, anywhere. That was the “left ...
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UNCOMMON COMMON SENSE For People Who Think WAKE UP AND SMELL THE COFFEE The excitement in the stock market these days is not whether the economy will rebound the later part of his year, but by how much. However, after looking at some of the compelling data being used over the past couple of ...
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The weekly charts of U.S. Treasury Bond prices told quite a story in Candlestick language. Specifically, the weeks of December 19 and December 26, 2008 and January 2, 2009 formed a very large “Evening Star” pattern, which was extremely bearish. The prediction has come true: from a top of 139^04 ...
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UNCOMMON COMMON SENSE For People Who Think WAKE UP AND SMELL THE COFFEE The excitement in the stock market these days is not whether the economy will rebound the later part of his year, but by how much. However, after looking at some of the compelling data being used over the past couple of ...
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