Note: I have an appointment in the morning so there won’t be watchlist for Monday.
Obviously last week was bad for the bulls. There was a lot of technical damage done on higher than average volume. The usual index charts are below along with a bunch of individual stock charts. [...]

(Note: I’m still on semi-vacation. Posting will resume its normal pace in September.)
The Roof! The Roof! The Roof is on fire! We don’t need no water, let the mutha-f#^*@ burn. Burn mutha-f#^*@, burn!
Apparently the Fed (aka The Plunge Protection Team (PPT)) isn’t down with “letting it burn”. The US Fed joined [...]

I’ve gotten a few emails asking me where I see support on Apple (AAPL). Ideally, It would have found support right at the November highs but it sliced right through that area. Now I think the logical area to expect buyers to step up is at the 50-day moving average, which is currently [...]

Today was practically a replay of yesterday for the major indices. Volume did increase today and I think a good portion of that increase is due to all the action around Apple Computer Inc. and its iPhone announcement. It had a slight influence on trading in RIMM and PALM today:

I’ve included charts [...]

I hate to add to the bearish consensus but I have to call ‘em like I see ‘em. Right now I’m seeing a lot of charts which look ready to roll over. A good number of them look a lot like the QQQQ chart — a weak bounce back to the 50-day [...]

Juan wanted me to take a look at Apple “into the January quarter” so I thought I’d post the weekly chart:

Apple bulls who are long from much lower don’t have anything to worry about just yet. It’s up about 80% from the July lows so it could certainly be subject to some healthy profit-taking.. [...]

I got another request for a Chart of the ever popular Apple. After yesterday’s close Louis wrote:

I have a new request for your chart view on AAPL. In the coming 2 weeks, do you see Apple bouncing off a bit to the 70 resistance or going down to the next support level at 62? [...]

I got this message about Apple on Monday night but since I couldn’t upload charts yesterday I’m just now getting to it:
I have a request for your chart view on AAPL. I feel it’s currently overbought at short term based on 14 period RSI. Though, Bank of America upgraded it today. What’s your view on [...]

Duru wanted me to take a look at Apple Computer. How things have changed. This stock was so good to me (and my IRA) last year but now it’s 26% off the 2006 high. As Cramer would say, it’s turned into a serious house of pain. The stock is below all [...]

Speaking of Apple Computer, I just saw this on Briefing.com:

11:15 AAPL Apple Computer chatter (63.66 -1.29) -Update-
We are hearing some chatter this morning about AAPL that we can’t confirm, but found interesting nonetheless. The rumor is that DIS could buy a stake in AAPL’s iTunes, which could then be a first step towards an [...]