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Jeff Pierce
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I’m a swing trader of momentum stocks with a holding period of anywhere from a few hours to a few months. I run a number of screens to locate the strongest/weakest stocks out there, using technical analysis to determine my entries and exits. Trying to calculate the intrinsic value of stocks in... More
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  • Bullish Outlook Remains Intact 0 comments
    Aug 3, 2013 12:44 AM

    By Jeff Pierce

    I've been at a 4 day intense personal development course that ended yesterday at 7pm, so needless to say I've been a bit wiped and have had little time to do research or even think about doing a post. I just wanted to do a quick update and say the markets remain in a very bullish state per my timing signals and when you look at the Nasdaq chart below you see that we were slightly when the 4ema moved over the upper Keltner channel but we have consolidated and look ready to push higher. I personally hold more stocks long than I have for a long time and my bullish outlook applies to the Dow as well as the TSX.

    If we do decide to have any more sell offs this week I would view them as a buying opportunity.

    (click to enlarge)

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