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Weekly Stock Charts review

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For the week that was - short as it was. What had the Stockchart.com ers to say about it? Yong Pan is looking for a higher low on the inevitable downward turn. More even split on bullish and bearish signals: Technicals set for a downward move; VIX oversold, CPC also in bear zone. But intermediate time frame looking good for a 'buy': Yong Pan has quite a few other charts worth seeing; particularly his Bonds:S&P relationships with NYAD resistance. Maurice Walker has eys on the next automaker grilling. Doesn't believe the worst of its has been priced into the market. But, has noted markets breaking resistance: Based on improving technicals and market breadth, it is my personal belief that the market will rise off these oversold levels on the daily chart. Now clean out your ears, and hear me correctly! THAT DOESN'T MEAN WE ARE GOING TO CONTINUE HIGHER WITHOUT PULLING BACK FIRST. The DJIA has just had it's best 5-day winning streak in 75 years. We are overdue for a

Holding Station: Watching Summation Indices with interest

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With Thanksgiving soon upon us there was little to add to yesterday's consolidation. Suffice to say, no existing resistance levels were breached. The best thing that could be said for Tuesday were the new MACD trigger 'buys': Summation indices shaping bullish divergences with respect to their parent indices as double tops develop in the VIX and VXN. Clearest case for a bottom yet: Get the Fallond Newsletter Dr. Declan Fallon, Senior Market Technician, Zignals.com the free stock alerts, market alerts and stock charts website

Zignals YourCall: AIB, BKIR, GOOG, MSFT

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The latest Zignals YourCall feature has three (well four) front-runners from our community. Heading the list with seven calls is Bank of Ireland ( BKIR ). Since my initial call, rumors of " investment " in the bank have helped push the stock out of its short term downward turn. The Zignals outlook based on the seven calls is 100% bullish: Second on the list is Microsoft ( MSFT ). Will a push towards home entertainment over the coming holidays help boost XBOX 360 sales? Of the four calls, one was bearish and four were bullish. All four calls exited with one by Milkob reaching its target (bullish) price for a 2.9% gain in one day. Third on the list was Allied Irish Banks ( AIB ). Tuesday looks to have cleared a resistance level dating back to early October. This comes after Credit Suisse revised targets for AIB down to €1.00 from €3.20 and Bank of Ireland to €0.80 from €2.00. On the Zignals community I have entered a 6-month call for a push back into the supply zone in th

Difficult week to gauge

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With Thanksgiving soon upon us it's going to be hard to read too much into this weeks' action. Monday at least finished stronger than prior two rally attempts in October, but for the tech indices it only brought them back to what was my former double bottom support. Money flow is exhibiting a bullish divergence which may help more than it has in the past. The S&P finished bang on resistance (based on closing price): Transports generatead a 'buy' trigger in stochastics from oversold levels Can the indices mark a third day of gains? Otherwise a tight trading day around resistance to consolidate the past two days of gains would be a welcome alternative. Get the Fallond Newsletter Dr. Declan Fallon, Senior Market Technician, Zignals.com the free stock alerts, market alerts and stock charts website

Weekly Stock Charts review

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Friday's bright finish couldn't undo another depressing weak for the averages. How did the Stockchart.com ers see it. Yong Pan has seen a broadening of the 'sell' triggers in the S&P with a couple of breadth indicators shifting to neutral from their prior bullishness. Once again, there is another 'bottom' signal - but we have seen similar ones of these fail in the past. It looks like a significant bullish divergence to the early October bottom but will it play like one? This would mean a sharp rally past 1,000 (seems highly unlikely under the circumstances): Yong Pan draws the line in the sand for the short term: No shortage of bullish divergences in the charts - but only have to look at July to see what can happen when they don't play out: Maurice Walker open with FDR's quote on fear and makes fear the focus of his weekend commentary. His lead charts show the fear all too well: I don't believe in his thesis of people selling because of fear of

New KIVA loan from W. Reeves.

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The latest loan comes courtesy of a subscription payment by W. Reeves . If you would like to support KIVA you can do so directly, or by subscribing to my newsletter. I have added a second loan from an earlier repayment. The list of loans active and completed is available here . Altogether, $2,000 has been lent since the start of this promotion. Thanks to all subscribers, current and past, for their support. Hoa is married and the mother of 4 children. She is uneducated and works in tailoring. She has been involved in this business for more than 5 years but has not been able to expand her business. Now she plans to enlarge her business and rent a shop so she completed all the documents and applied for a loan. She requested an individual loan of 40000 Afghans for the term of 10 months to complete her stock and start working hard to attract a good number of clients and make good monthly income for her family to support them better. It is one of her fond wishes and she is sure that she ca

Zignals: Depression Investments

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Republished from Zignals : Drake Bennett at Boston.com penned an article on what a new Depression would like to us. In it were some interesting thoughts, and from that, ideas for investments: Instead of dusty farm families, the icon of a modern-day depression might be something as subtle as the flickering glow of millions of televisions glimpsed through living room windows, as the nation's unemployed sit at home filling their days with the cheapest form of distraction available. Today, a depression could reverse that process altogether. In a deep and sustained downturn, home prices would likely sink further and not rise, dimming the appeal of homeownership, a large part of suburbia's draw. Renting an apartment - perhaps in a city, where commuting costs are lower - might be more tempting. If we look closely, however, we might see more former lawyers wearing knockoffs, doing their back-to-school shopping at Target or Wal-Mart rather than Banana Republic and Abercrombie

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