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Archive for April, 2008

Bias to Upside

After gapping up at the open, the market sold off mid-morning on rumors of US Navy contractors firing on Iranian gunboats (story was later refuted).  As of the lunch hour, we’re back to flatline.
I remain in a bullish mindset for two reasons.  First and foremost, there are lots of great looking individual stock charts available […]

Good Looking Stocks Emerge

The past few weeks have produced a variety of chart setups that represent solid opportunities. Itron (ITRI) is one that we bought shares in today.

ITRI’s stock price just launched above $100 for the first time in months. We are looking to make several dollars per share from the trade in less than a […]