Blog Detail
Wishing Wealth Blog
http://wishingwealthblog.com
An educational blog written by a professor who teaches technical analysis and the stock market as a college course at the University of Maryland.
- Added on: Mar 5th, 2009
- Country: United States
- Language: English
- Author: Eric Wish
- Listed in: Investing Stocks & Bonds
- Tags: Software Options stock market trends technical analysis indicators
Recent Posts
AAPL comes back, restart of short term up-trend?
With AAPL now closing above its 30 day average (red line), the short term trend is up again. A close back below the average (currently 199.02) would cancel this up-trend signal. The longer term trend remains up. gmi: 6 gmi-r: 10 t2108: 70 ...
Some new rocket stocks to watch
I used TC2007 to scan the market for stocks that meet my most stringent fundamental and technical criteria for rockets. These stocks have great fundamentals and technicals, have already doubled their price a year ago and are near 5 year or all-tim...
AAPL still a concern; QQQQ holding up
I am still concerned that AAPL (and NFLX) is showing technical weakness. On Friday, the stock could not hold its 30 day average and its 10 day average (blue dotted line) remains below its 30 day average. See the daily chart for AAPL below. While...
AAPL at critical point today
Since I posted a few days ago a Guppy chart showing short term weakness in AAPL, the stock declined and then bounced on Wednesday. The stock did reach a very low level on its daily stochastics (10,4,4) indicator and a reversal of the short term ...
AAPL daily Guppy chart looks ominous short term
While still in a longer term up-trend, AAPL has closed below its critical 10 week average for the first time since its rise began last March. (Daily volume has also tended to spike on the down days.) Since March, AAPL has more than doubled. The ...
All indicators positive; beware of gold, STEC, GMCR
My indicators are all positive again. There were an amazing 398 stocks in my universe of 4,000 that hit a new high on Friday. 59% of the 4,000 stocks closed above their 10 week averages. Nevertheless, two rocket stocks I have written about wee...
