Stock Investment

I charted the Dow Jones Industrial Average (DJIA, $INDU, $DJI) after the index closed on Friday, August 13, 2010, at 10,303.15.
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Two weeks ago I questioned if the DJIA chart had just swung its third strike and was heading lower.  We’re only about 160 points below that mark Read More

I charted the Dow Jones Industrial Average (DJIA, $INDU, $DJI) after the index closed for the month on 7/30/10 at 10,465.94.
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The Dow Jones was stopped once again at the top of its trading channel (strike one).  The index made a solid attempt to climb above its 100 day moving Read More

I charted the Dow Jones Industrial Average ($INDU, DJIA, $DJI) after the markets closed on Friday, 7/2/10, after it finished the week at 9,686.48.
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The chart doesn’t paint a longer term bullish view, but the short term might allow for a small pop.  The upside is limited Read More

I charted the Dow Jones (aka DJIA, $INDU or $DJI) after the markets closed on Friday, 5/14/10, when the index finished the week at 10,620.16.
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The chart leaves a lot to be desired this week.  I noted two weeks ago that my favorite indicator, Williams %R, was giving the sell signal.  Read More

I charted the Dow Jones Industrial Average (aka $INDU or $DJI) after the markets closed when the index finished the week at 11,008.61.
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After eight straight weeks of moving higher the Dow Jones finally decided that was enough and took a break this week.  A down day or week after Read More