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Joshua Hayes  

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  • Horrid Action In Chinese Stocks, Even Baidu [View article]
    Once again, BIDU SINA break down and the chart tells the tale before the news is released. TA 101 at work again.
    Sep 29, 2011. 02:15 PM | 1 Like Like |Link to Comment
  • 4 More Gold Stocks With Rock-Solid Fundamentals [View article]
    Every single gold stock's chart is COMPLETELY broken now. The trades will have to be revisited once these stocks can find some support. Once they do they will then need to shape out proper bases and breakout in a series of higher highs and higher lows before I will reconsider these trades. Gold will find a floor but right now it is in freefall off the highs. I expect the 200 day moving average area will act as strong support for the metal. No matter what, in time, it will move higher again. The problems the world faces can not be fixed any time soon. Once the trend turns up again I will look to get long the 2x bull ETF. Right now positions like ZSL for silver and GLL for gold (2x bear ETFs) are to be traded on the long side.
    Sep 23, 2011. 04:32 PM | 1 Like Like |Link to Comment
  • 6 Gold and Silver Gems Shining Bright Despite Volatile Market [View article]
    All of these gold stocks are now completely broken after today. We need to see another round of base building and support in the metal gold before these stocks can be considered by me. Right now, clearly, the trend is lower again and that means the biggest gains will come on the short side or being long inverse ETFs. As long as heavy distribution (heavy volume on days when we sell off) remains in this market with absolutely no accumulation being long is a dangerous game. Gold stocks were our leaders on this recent bounce and they got hacked up. That leaves us with Food and Medical stocks. Not the best scenario for bulls that is for sure.
    Sep 23, 2011. 02:25 PM | Likes Like |Link to Comment
  • 6 Gold and Silver Gems Shining Bright Despite Volatile Market [View article]
    MFN: breakout fakeout on heavy volume is a full cut loss signal.

    I will stick with my FAZ TZA TYP longs.

    Gold stocks are not even safe anymore. Nothing is.

    However, any pullback in gold and silver will be a buy for me as soon as any sign of solid support is evident off the 200 dma, or a breakotu above the 50 dma once it moves below it, or a pocket pivot point buy off the 10 DMA. I will be using the DGP and UGL 2x ETFs.
    Sep 22, 2011. 04:28 PM | Likes Like |Link to Comment
  • 4 High Quality Stocks Unfazed By The Volatile Tape [View article]
    18% loss not 11%. 11% just today. 8/31/11 classic possible topping signal was 100% correct this time around. Confirmation of top was yesterday's breakdown on huge volume following a low volume base. Our opinions about a stock never matter. What also doesn't matter is "why" the stock is going up. You just need to know it is and if it has the fundamentals and market moving in confirmation that is all you need to know to buy. This is baring that you know how to look for sell signals. If you don't know your history then obviously this can't be done. However, i want to remind everyone NOTHING has changed in 130 years of the stock market. Same patterns everyday. Just different players. You can say it is different this time around but long-time pros know it isn't and never is.
    Sep 21, 2011. 03:32 PM | Likes Like |Link to Comment
  • 4 High Quality Stocks Unfazed By The Volatile Tape [View article]
    Hello, poortorich.

    Two books not on that list that should be:

    Trend Following - Michael Covel

    Trade Like An O'Neil Disciple: How We Made 18,000%... - Gil Morales, Dr. Kacher
    Sep 21, 2011. 03:23 PM | Likes Like |Link to Comment
  • 4 High Quality Stocks Unfazed By The Volatile Tape [View article]
    Chart reading is very hard and it is never concrete. Making sure you are disciplined, have a money mangement strategy, and are flexible is the best approach to taking. No matter what though. Chart analysis needs to be combined with fundamental analysis to be the most effective.

    TNH: proving that dividends don't matter in bear markets. When the market wants to take stocks down. It is going to take stocks down. The 9% dividend can't make up for the 11% loss in two days. This stock is broken. There are better charts out there in the gold, medical, and food related sectors. Gold stocks continue to be the best setups. See my two articles on gold stocks to see what I am purchasing and watching for future purchases.
    Sep 21, 2011. 03:22 PM | Likes Like |Link to Comment
  • Why Apple Is Not In The Dow... And Should Not Be [View article]
    If AAPL fails this current breakout (looks like it might with its spinning top doji star--I dont even know if that is right anymore its been 16 years since I used a candlestick term) and the market breaksdown here on heavy volume, I will definitely not mind going short this stock. A failed breakout here would be a clear short for this general. Remember, the generals are always the last ones standing at the start of a bear market. NFLX was one of them. Not anymore. CMG is another. AMZN is another.
    Sep 20, 2011. 09:19 PM | Likes Like |Link to Comment
  • 6 Gold and Silver Gems Shining Bright Despite Volatile Market [View article]
    MFN -- another very heavy volume breakout to a new 52 week high today and a pocket pivot point buy signal off the 10 day moving average. Adding to my position.
    Sep 20, 2011. 04:51 PM | Likes Like |Link to Comment
  • 4 Leading Medical Stocks With A Healthy Future [View article]
    Note:

    QCOR was a full sell on 9/12 due to it closing below its 50 dma on heavy volume.

    JAZZ is still a long

    ATHN i am still waiting for a low volume calm pullback to a logical support area

    MAKO is basing out brialliantly here and if it can continue to move sideways or slightly lower on low volume the next high volume bounce off support will be my entry.
    Sep 16, 2011. 03:52 PM | Likes Like |Link to Comment
  • 4 Under-The-Radar Stocks Under Massive Accumulation [View article]
    The way I track accumulation is the same way every professional that I know that uses my methodology does. Accumulation comes across the charts very clearly as volume that is well above the 50 day volume average. In a chart like SIMO and FLT you can see that during the market pullback and these stocks pullbacks that there is no heavy volume red bars (distribution) and only tall heavy volume green bars (accumulation). This is clear accumulation by big money as their buying and selling can not go unnoticed on a chart. After doing this for so many years and seeing so many charts I can tell at a quick glance if a stock is under accumulation, distribution, or neither. However, Investors Business Daily has something for new investors called the Acc/Dis rating and that goes from a scale of A to F. A is a stock under strong accumulation. C is neural. and F is distribution. This helps new investors at first. Bottom line is you want to see price rally on heavy volume and decline on low volume. That is accumulation. Prices rising on low volume and moving to lower lows on heavy volume. That is distribution.
    Sep 16, 2011. 03:28 PM | Likes Like |Link to Comment
  • 4 High Quality Stocks Unfazed By The Volatile Tape [View article]
    DMND breakout from cup with handle and AH earnings beat gap up was one of the strongest buy signals you can receive in the market. This stock was given as a new long to subscribers of Big Wave Trading yesterday before the close and was a market order buy in the morning. As you can see, just like history has shown over the past 130 years with leading stocks, this pattern works with the best of the best. The only problem with loading up on it from my perspective was the tape. Despite it clearly being a leading stock the tape is not the most friendly and that has to bring caution up. Therefore, this stock was not purchased in the IRA and was a smaller market order than I wanted. The point I want to make to readers here is never fear a gap up breakout from a well sound base in a leading stock in a leading group.
    Sep 16, 2011. 02:52 PM | Likes Like |Link to Comment
  • 4 High Quality Stocks Unfazed By The Volatile Tape [View article]
    History has proven that riding out dividends is not how the big money is made in the stock market. The big money is made by following growth companies along the ride as they grow. TNH happens to be growing and offering a dividend. Still why would I want to hold on to a 8-15% dividend in a market that could destroy a stock by 30-50%. It doesn't make sense. Trend following is the only way to make big money Michael Covel, William O'Neil, Nic Darvas, and Jesse Livermore and many others have made this beyond clear. TNH is still in an uptrend so it is good. But once it moves lower I don't want to lose money to make a paltry dividend. I want to move my money to the next leading stock in a leading sector that can produce huge outstanding gains.
    Sep 16, 2011. 02:50 PM | Likes Like |Link to Comment
  • Netflix Plummets As It Revises Subscriber Estimates [View article]
    Kept waiting for a proper short setup and the dang thing never gave me a signal. Now that neckline is broken next logical area to short NFLX is back at the neckline which is a long way from here to 200. If this market moves back lower, following this low volume bounce, I'll focus on AAPL instead.
    Sep 15, 2011. 03:28 PM | Likes Like |Link to Comment
  • 4 Under-The-Radar Stocks Under Massive Accumulation [View article]
    Hi Ed. Yes, I know. It is what Seeking Alpha has on its site. If you put in MITK it does not "tag" it. You have to "tag" it as MITK.ob.

    Thank you for noting that however. Much appreciated.
    Sep 9, 2011. 05:57 PM | Likes Like |Link to Comment
COMMENTS STATS
362 Comments
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