Archive for: August 2009

In honor of my first day of work at AT&T today, I’m posting a six month stock chart of T before it opens, after closing at $26.21 last week.  The Dow Jones component might have more downside coming in the …

I charted Boeing (NYSE: BA) a few minutes after 3 pm on Friday, August 28, 2009 when it was trading at $50.75.  I sold naked puts on BA yesterday at the October $50 strike, mainly …

I charted IWM on August 25, 2009 just before 11 am when it was trading at $58.43.  Just as the past two days of trading found resistance, so has today.  The line that keeps holding back the Russell 2000 ETF …

I charted EBAY on August 19, 2009 at 1:10 pm when it was trading at $21.10, off its low of $20.55 earlier in the morning.

I’m debating if I should enter a half order here.  EBAY found support off of the …

I charted SPY this morning at 10:37 when the S&P 500 ETF was trading at $101.14.  After the better than expected jobs report this morning SPY still couldn’t make it through the line of resistance it’s been bumping against all …

I charted Alcoa (NYSE: AA) this morning when it was trading at $13.02.  Thanks to Qmar who suggested through Twitter I check out AA and the “huge inverse head and shoulders”.  I highlighted what I think …

I charted the S&P 500 ETF, SPY, this morning at 11:25 when it was trading at 100.33.  To my eyes, this highlights some of the uncertainty in the markets right now.  If you only drew the one month chart you’d see clear support at …

I charted Bank of America (BAC) on August 3, 2009 when it was trading at $15.32.  I see two main lines worth noting.  The lower horizontal line is around $14.00.  It was a high in May and again in June.  …