We all spend inordinate amounts of valuable time stressing over things we cannot control. This is especially true for investors. No matter how hard we try, we cannot control what the market does. The market will do what it wants to, when it wants to. Here at Mullooly...
We've already explained how we calculate relative strength readings for securities and how we plot those readings onto point and figure charts. In this video, Tim explains how to interpret a point and figure relative strength chart. Unlike point and figure trend...
In this video, I explain how we take relative strength readings and plot them onto a point and figure chart. Point and figure charts are the method we use to organize these readings and interpret their meaning. For a review on how we calculate relative strength...
Relative strength is an integral part of our portfolio management strategy at Mullooly Asset Management. To put it plainly, relative strength allows us to compare investments. It's our way of sizing up stocks, bonds, mutual funds, ETFs, and even asset classes. We can...
Recently, Tim explained the bull trap pattern. In this video, I describe the opposite of that pattern: the bear trap. Steps of the Bear Trap Pattern - Must form (at least) a triple bottom - additional columns are permitted, but not fewer! - The security breaks below...
A topic we can't seem to discuss enough here at Mullooly Asset Management is relative strength. Relative strength refers to the momentum factor. As John Lewis, CMT of Dorsey Wright Money Management described in a recent whitepaper: "Relative Strength (momentum)...
On this video, Tim explains a point and figure charting pattern known as the bull trap. Steps of the Bull Trap Pattern - Must form (at least) a triple top - additional columns are permitted, but not fewer! - The security breaks above its top by one box - cannot be...
Support lines tend to act like brick walls. We learned that from our friend and point and figure charting expert Tom Dorsey. This has proven to be true time and time again. On this video, Tom shows the bullish support line's power through an example. Brendan described...
What is a bearish resistance line? It's a very important element of any point and figure chart. Bullish support lines and bearish resistance lines help us to identify a security's trend. Knowing whether a potential investment is in a positive or negative trend can...
Our portfolio management strategy at Mullooly Asset Management has two main parts: point and figure charting and relative strength. Relative strength is also referred to by academics as the momentum factor. To put it plainly, relative strength (or momentum) is...
