
Since Jack was discussing Intel INTC stock on his blog yesterday twice, I figured I would post up a chart so readers could see the damage Bank of America caused the chip giant.
According to Jack the Bank of America downgrade is laughable, they simply want shares for themselves though selfish “son of a Bs”!
Click to [...]

Easy to see trendline of lower highs for Goldman Sachs, GS stock.
The stock closed down today $7.45 to $207.60 on distribution volume (though it was below average volume).
Click to view, click again to zoom
Based on this move today the stock’s next stop should be revisiting $200.

Google, GOOG closed today at the 50 day moving average, key support line for the stock as it has trended up over the last few months.
The stock closed today at $685.19. If it opens above $685, you can buy and place a stop loss below today’s low of $677.73 as a safety net. My first [...]
    If you are bullish, this is no way to start a new trading year. Initially the market looked to be treading water and trying to determine which direction to take. Around 10am, stocks started to crack and have not stopped. Looking at my screens, very little is showing positive momentum. The few stock heading [...]

Research in Motion, RIMM looks to be basing out after gapping up on December 20th from positive earnings.
Support is at the 50 day moving average, and resistance seems to be at about $120. A strong accumulation move through $120 would make RIMM a buy.
Click to view, click again to zoom
On the downside RIMM needs to [...]
The SYNA falling knife I reported on New Years eve has panned out.
The stock is up nearly 8% on the day today moving up over 3 points to a real time last of $44.36 after bottoming at $40.65 on December 31st.
Lucky for me no one bet me $5 bucks .
AMZN has officially broke out today, hopefully your limit orders to buy were at $96, the stock has already broke above $97, and is sitting at a real time last of $96.65.
Check out my original AMZN stock chart which I posted on December 30th including analysis.
Look for volume today to push over 9 million.
    With the start of a new trading year upon us, many questions need answering. Currently, the media has focused upon how we saw a number of negative economic developments during 2007 yet finished modestly higher. The hope is that most of the bad news is now and the past and we can take this [...]