T2108 Update (April 30, 2013): Almost Overbought (includes chart reviews for Apple and Amazon)

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are highly likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades … Read more

The Amazon.com Post-Earnings Trade Quickly Turns Bearish

(This is an excerpt from an article I originally published on Seeking Alpha on February 3, 2013. Click here to read the entire piece.) {snip} Another Amazon.com (AMZN) earnings call, more unimpressive guidance (this time, Q1 guidance for $15.0 to 16.6B revenue below expectations and for operating income -$285 to 65M around expectations), an immediate … Read more

Chart Review: BlackBerry, Fossil, Amazon.com, Devry, CSX, Coach, Capital One Financial, Apple

For this chartfest, I do not have time to provide extensive commentary. So, this is mostly a visual presentation of the charts with some labels or notes to point your attention to what I think is most interesting from a trading perspective. Feel free to post questions if anything is not clear. Enjoy…! I have … Read more

Amazon Post-Earnings Trade Ends Negatively But Stock Remains Bullish

(This is an excerpt from an article I originally published on Seeking Alpha on December 6, 2012. Click here to read the entire piece.) The Amazon.com post-earnings trade ended down for this final quarter of the year. It was a rare miss that included some important moves in the stock. The chart below shows the … Read more

Amazon.com Reports First Net Loss In Nine Years, So Buy the Stock Of Course!

(This is an excerpt from an article I originally published on Seeking Alpha on October 29, 2012. Click here to read the entire piece.) “If Amazon were an ordinary company, investors would long ago have strapped its management to a rocket ship and sent it far, far away.” From “Amazon and Its Admirers Shrug Off … Read more