Sell Signals: Not to be ignored Netflix (symbol NFLX) is a great example (at the present time) of what happens if investors ignore sell signals. One of the great features of point and figure charts is that they often have clear actionable points along the way. Netflix (NFLX) gave several sell signals throughout July, August… [Read More] Point and Figure Charts Comments On Netflix (NFLX)
Weekly Commentary for July 11, 2011 Recently, in one of the larger retirement plans where I have many participants as clients, I sold one small-cap fund, but kept another. But wait… last week, I wrote small caps are where we want to be in the stock market. So why sell a small cap fund? This… [Read More] Relative Strength: One Of The Strongest Tools
https://media.blubrry.com/invest/p/content.blubrry.com/invest/2011_02_25_Podcast.mp3Subscribe: Android | RSSWe encourage our readers and listeners to our podcast to consult with their investment adviser before making a decision to buy or sell any investment. If you do not have an investment adviser, we encourage you to contact Mullooly Asset Management at 732-223-9000 or through our website. There are two primary topics… [Read More] Relative Strength Podcast: One Of Our Strongest Indicators
We saw a pretty significant signal recently from the oil sector. A relative strength sell signal. This does not mean oil immediately becomes a terrible place to have money at work in March or April 2010. But longer term, it suggests oil will (likely) under-perform the overall markets. And, it’s possible the sector could… [Read More] Oil’s Recent Relative Strength Sell Signal: Changes Ahead?
Don’t worry about “why” your investment is falling. Focus on “what” instead. What is happening now. Don’t worry about “WHY”…everyone is doing that. Gyrating stock prices are getting swung around by deceptive news headlines, faulty stories — all designed to play on your emotions. Do we really NEED to know “why?” If a chart is… [Read More] Stock Prices Dropped: How This Affects Your Investments
Exxon reported nearly $12 billion in profits for the previous quarter recently. $12 billion! More net profits in one quarter, than ever recorded in the history of mankind. And what did the stock do? It went down. Numbers like $12 billion generate emotional responses: anger, jealousy, envy, and even pride. The media does a good… [Read More] Exxon Stock : Quarterly Earnings and Performance