Archive for: January 2010

January 28, 2010

QLD Chart – Is Tech Braking?

Filed under: ETF, Technology - 28 Jan 2010

I charted the past year’s daily prices for the ProShares Ultra QQQ ETF (QLD) this morning while it was trading at $54.08.  I’ve seen a lot more charts that are starting to look this way recently.  They’ve ridden a long trend …

January 25, 2010

GS Chart – Touched Bottom Trend Line

Filed under: Financial - 25 Jan 2010

I charted Goldman Sachs (GS) before the markets opened on January 25, 2010 after GS closed on Friday at $154.12.  I was brought to this chart after I read the bullish story on GS in today’s issue of Barron’s.  While …

January 20, 2010

FDML Chart – Getting Tempting

Filed under: Consumer Goods - 20 Jan 2010

I charted Federal Mogul Corp (NASDAQ:FDML) when it was trading at $17.76 this afternoon.  FDML came onto my radar from reading about it in this week’s Barron’s as one of Mario Gabelli’s top picks.  It’s down almost 3% today, but found support …

January 19, 2010

SSO Chart – Found Support Again

Filed under: ETF - 19 Jan 2010

I charted SSO this morning when it was trading at $40.30, just above its 10 day moving average, after it found support at its trend line of higher lows once again.  SSO did not make it as low as Friday’s …

January 6, 2010

EEM Chart – Back to the Top of Trading Channel

Filed under: ETF - 06 Jan 2010

I charted EEM this morning when it was trading at $43.09.  I’m keeping my analysis simple on this one today.  EEM has been trading in a channel for a few months and it’s back to the trend line of higher …