Tom Dorsey, founder of Dorsey Wright & Associates, was recently interviewed by Steve Forbes.
Tom Dorsey interviewed by Steve Forbes
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How Can You Be So Sure?
We get asked -- often -- "how can you be so sure about these charts? Look at what the market did yesterday! Are you sure we're doing the right thing?" Now, one of our favorite movies is "My Cousin Vinny" And when we hear these questions, it sounds a lot like the...
Point and Figure Update: March 23, 2015
We have two quick updates on the S&P 500 and NASDAQ Composite indices today. Both are sending encouraging signals on their point and figure charts. They seem to be setting up for one of two potential patterns: the bullish catapult or the shakeout. Both the bullish...
Apple Getting Added to the Dow Jones Industrial Average
Last week, it was announced Apple will be added to the Dow Jones Industrial Average on March 19th. Since the Dow Jones holds just 30 stocks, one has to go. AT&T is being dropped on that day.
Crude Oil Chart February 2015: which way?
The Crude Oil chart over the past six months (since August 2014) has been in a free fall. The question now, is the crude oil chart merely glancing off the third floor awning (on the way to a splat on the sidewalk)? Or is crude oil forming a base that might become a new floor?
Bad Things Happen in Negative Trends
Here at Mullooly Asset Management we use a form of technical analysis called point and figure charting to manage investments. In point and figure, one of the main purposes the chart has it to help us identify trends. Whether we're looking at a stock, index, mutual...
Playing By the Rules
I read a really good post today written by Greg Harmon of Dragonfly Capital Management. It reminded me of something we say repeatedly on our podcasts, videos and posts: When the charts change, we will change. Greg's post is all about the investing process. No matter...
2014 Dorsey Wright Point and Figure Institute
Earlier this month, Tom and I had the pleasure to spend three days at the Dorsey Wright Point and Figure Institute. This was Tom's second time traveling down to Richmond for the event and my first. These kind of experiences help us to hone our skills in point and...
Relative Strength: It Is What It Is, Until It Isn’t
If you're a regular visitor to our site, you've probably heard us mention Tom Dorsey and his team over at Dorsey Wright and Associates before. Today the Wall Street Journal featured a great article profiling Tom and the team. They discussed, among other things, their...
Relative Strength and Fantasy Football
When discussing point and figure charts, we've always found that people understand them better when they're compared to something they know. With week 5 of the NFL season about to get underway, we wanted to explain relative strength through a fantasy football analogy....
