The Long Set Up On ES From Hamzei Analytics Indicators 11.24.09
I do this every now and then, take a quick picture of Fari’s indicators and the buy or sell signal they offer when a good trade sets up. Here is a screen capture of this am’s long trade in the ES and one of the reasons Fari was long long and stayed with the trade. There were other rea

Daily Log and Journal 11/18/09
Why I am a Gold Bull Earlier this year in April, I projected that Gold would surpass $1,000 per troy oz. and reach a target of $1,200 later this year or by April of next year. Those targets are still on. If you look at the chart for the gold ETF (GLD), you’ll see a strong up

State of the Chart: AMZN
As $AMZN has recently ripped to new all-time highs after a post earnings explosion, it is worth a closer look on multiple time frames to see if the move is sustainable.  Let’s begin with the monthly chart:

Daily Log and Journal for 11/17/09
Futures are down a little this AM, as international markets and international futures are down also. This is reflected in The Dow World Index, which is down –0.59% as of 7:27 AM. On today’s Economic Calendar, we have the Producer Price Index at 8:30 AM, and Industrial Production at 9:1

Daily Log and Journal for 11/16/09
Pre-Market: Today looks up, as the SPX turned a white candlestick on Friday, fooling my forecast for a bearish day. The candlesticks forecast on 11/12/09 close was bearish, but we finished up for the day Friday. Today the forecast is bullish with a 50 count bullish engulfing patterns to