Understanding what a support line is and also how it is used as a vital tool to manage your money is important. Knowing things like, why it is a pretty big deal when a support line is broken, can help you to better understand the moves that we make in the market here at Mullooly… [Read More] The Importance of a Broken Support Line
Technical analysis is a skill that we use everyday at Mullooly Asset Management. This category page is designed to educate individuals on some of the basics of technical analysis, specifically point and figure charting.
Bell curves are an integral part of point & figure charting, and Tom and Brendan will discuss why in this video. As promised in our previous podcast, you will be able to view some visual examples of charts in this week’s video. Tom will talk you through the charts and help make all the X’s… [Read More] Bell Curves: How They Are Used in Point & Figure Charting
Bullish percent is something that many people do not fully comprehend. Tom and Brendan will discuss many aspects of bullish percent in this Mullooly Asset Management video. They explain the “dimmer switch” approach which bullish percent is a part of. Bullish percent has a history as well, and Tom will share his knowledge on the… [Read More] Bullish Percent: A Risk Indicator But Not A Market Timing Trigger
In this video, we take a look at the POWER of support lines. Some support lines will cause changes in your 401(k) if broken. Support lines often act like brick walls, meaning we tend to get a bounce off a support line. And it takes a LOT to break a support line. Here the Dow… [Read More] Where is the Support Line for the Dow Jones
Point and Figure Charting is not simply for stocks, mutual funds or exchange-traded funds. Of course, if you have an investment in your 401k or your retirement account at work, we would be happy to analyze the funds and investments in your account for you. But we can analyze so many other topics, for example… [Read More] Point and Figure Charting: Not Just For Stocks
Weekly Commentary for February 15, 2011 ***** ***** ***** Each week, John Dorfman (syndicated columnist from Bloomberg.com and chairman of Thunderstorm Capital in Boston) publishes a weekly column. If you live in central NJ, his column is carried each week on Sunday in the Asbury Park Depress. His column is published in many papers around… [Read More] Point and Figure Charts vs Other Investment Advice