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Tom Dorsey interviewed by Steve Forbes

by Thomas Mullooly | Dec 27, 2016 | Asset Management, Point and Figure

Tom Dorsey, founder of Dorsey Wright & Associates, was recently interviewed by Steve Forbes. http://www.riachannel.com/steve-forbes-interviews-tom-dorsey-founder-dorsey-wright-associates/

How Can You Be So Sure?

by Thomas Mullooly | Jan 5, 2016 | Asset Management, News, Point and Figure, Stock Market Comments

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...

Point and Figure Update: March 23, 2015

by Brendan Mullooly, CFP® | Mar 23, 2015 | Point and Figure, Stock Market Comments, Technical Analysis

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

by Thomas Mullooly | Mar 10, 2015 | Asset Management, News, Point and Figure, Stock Market Comments

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. There is no “magic formula” for how a company gets added to...

Crude Oil Chart February 2015: which way?

by Thomas Mullooly | Feb 21, 2015 | Asset Management, Point and Figure, Stock Market Comments

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...
Bad Things Happen in Negative Trends

Bad Things Happen in Negative Trends

by Thomas Mullooly | Jan 14, 2015 | Podcasts, Point and Figure

Subscribe: RSSHere 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...
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The information on this website and blog do not involve the rendering of personalized investment advice. A professional advisor should be consulted before implementing any of the options presented. None of the content contained in this website should be construed as legal or tax advice. Always consult an attorney or tax professional regarding your specific legal or tax situation.