Friday, March 1, 2013

DailyMarkets.com - Apple Inc Speed Test

DailyMarkets.com - Apple Inc Speed Test


Apple Inc Speed Test

Posted: 01 Mar 2013 03:48 PM PST

At readtheticker.com we like Gann tools that work, and at the top of the list are Gann Angles. Most folks use trendlines and channels, but they dont give you a speed test of price action. Man, you gotta have a speed test!

The weekly Apple chart below shows that price is falling at 8 units of price to 1 unit in time, that is very fast. The pure fundamental money managers are on TV promoting Apple Inc cash balance and new product this and that, but as we all know this company success has … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Week Ahead: US Jobs Report, Central Banks

Posted: 01 Mar 2013 12:51 PM PST

03/01/13 Several central banks will announce rate decisions in the upcoming trading week. The US employment report will be closely watched on … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

One Chart May Explain Why Gold Stocks Are Lagging Bullion

Posted: 01 Mar 2013 11:45 AM PST

It may be time for certain gold stocks to shine, writes Bryan Borzykowski in a Canadian Business article this week. He highlights many of the issues that have come to the surface over the past few years, including the bad decisions made by management, capital cost increases, and the birth of the gold bullion exchange traded fund.
But there's a sea change occurring, as the industry has had executive turnover and many write downs in an effort to right the wrongs. "If gold companies continue … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

March Crude Oil Structure Update And One Of My Favorite Chart Patterns

Posted: 01 Mar 2013 11:35 AM PST

As we did with the recent update on Gold's structure and key levels, let's take a look at the current progression and price structure that's developing in Crude Oil.
As an educational bonus, we'll review one of my favorite chart patterns that completed with a powerful outcome.
First, the Hourly Intraday Structure Chart of Crude Oil:

To recap, Market Structure refers to the progression of price swing highs and swing lows that define a trend in motion or else a consolidation phase in a … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Cardillo: “Sensible Spending Cuts…expect Modest Growth In U.S.”

Posted: 01 Mar 2013 11:09 AM PST

03/01/13 Rockwell Global Capital’s Peter Cardillo discusses the latest economic data and what government spending cuts mean for the US … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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