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Equity Oracle: 08/16/13

Abbott Labs (ABT) is one we have not yet traded but it’s one that I’ve tracked for years. I’ve noticed that this stock does a good job following the technical signals and seems to hold a strong line of support. Today, the stock is right on the trend line with a hammer pattern showing at […]

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Equity Oracle: 08/07/13

I will always look at the technical charts before investigating the fundamental reports because the technicals tell us “when” to buy the stock. The fundamental reports usually lag the price but from time to time I will weigh them into my decision process. The 12-month trailing 11.47 P/E ratio for Potash is well below the […]

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Equity Oracle: 08/01/13

Solar Winds, Com. (Ticker: SWI) gapped down last week and have fallen below the 20-day moving average. Normally we would not buy a stock that has broken down below its SMA, but in this case the gap makes this a very attractive candidate. Take a look at the chart and you will see several bullish […]

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Equity Oracle: 07/26/13

Broadcom has recently taken a hit as sellers caused the stock to gap down 3 times in just 8 days. This last gap is what I would call an exhaustion gap and the drop in volume indicates that the sellers are slowing down in their selling activity. Our strategy is to buy the stock now, […]

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Equity Oracle: 07/17/13

I will often refer to the “rubber band theory” which is when a stock makes a big move away from its moving average. In this stock, the price has moved well below the 20-week moving average and it looks like the buyers are coming in to rally the stock. Our goal is to buy INFY […]

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Equity Oracle: 07/12/13

Since the end of May Cirrus Logic (CRUS) has been bumping its head against a well-established resistance area. On Wednesday the stock closed with a bullish engulfing pattern and when I took this snapshot of the stock’s chart it was just making a break above resistance. It’s important that you wait until the end of […]

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Equity Oracle: 07/04/13

The US Dollar trades actively around the world and there are a couple of ways we can position ourselves to make a profit from the price fluctuations in the dollar versus other global currencies. If you think the dollar will go up, then you can buy the PowerShares US Dollar Bullish Fund (Ticker: UUP) however […]

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Equity Oracle: 06/28/13

Today we are showing a Bullish Engulfing Pattern with a Gap above the market. This, combined with the wide divergence from the moving average, tells us that it’s time to buy ABX. The video I’ve produced for you also shows the extreme divergence on the 10-Year monthly candle charts which give long-term investors a good reason to buy, hold, […]

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Equity Oracle: 06/20/13

The chart is a 10-year monthly of the iShares Silver Trust (SLV). There are four things taking place that cannot be ignored. (1) this month marks the seventh consecutive month where we’ve had a red candle; (2) the divergence from the 20-period moving average is the widest it’s been in 10 years; (3) the divergence […]

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Equity Oracle: 06/13/13

The above chart was a snapshot of UUP and CCL the day I sent out the alert for the pairs trade on May 24th. The strategy was to short the US Dollar through UUP and simultaneously buy Carnival Corp. (CCL). Once the lines converged we would buy back our short position in UUP, sell the CCL shares and walk […]

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