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,...
People are starting to notice that it costs less to fill up their car at the gas station, and it’s due to the considerable drop we’ve seen in oil prices. A story line that’s been circulating centers around US fracking and its devastating effects on...
Weekly Commentary for February 8, 2011 As you might have discovered, I have been in favor of selling a little lately in the stock market. Not a lot. The selling has been primarily in the emerging stock market areas. Part of the reason is because this...
Weekly Commentary for March 22, 2011 Lots of chatter about how Japan will be rebuilt, and who is going to benefit. Hold on, cowboy. ***** ***** ***** The speculation swirls around heavy machinery, and earth-movers for example. Others are talking up the idea Japan will...
Weekly Commentary for April 12, 2011 Lesson #1: Commodity prices can rise sharply. Lesson #2: Commodity prices can fall sharply. July 11 2008: Crude trades at $147 July 18 2008: Crude closes at $129 This was a quintuple-bottom break. Bad. Two WEEKS after reaching...
