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Ask The Chartman - Gary B. Smith
 
Do you have a stock or strategy idea based on technical analysis that you would like me to comment on?  Please submit them here!

I will choose weekly one or two ideas to that I love or hate with a detailed analysis of why.   So register today and show me charting skills!

Gary B. Smith
The Chartman

Last Three Alerts

 
 ZUMZALKSCPSI
Time 4:00pm ET4:00pm ET4:00pm ET
Trade 18.5912.6941.39
Change 0.000.000.00
% Chg 0.00%0.00%0.00%
Volume 000
Intraday 

Gary's Tweets

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    Daily picks, 07/30: They're coming outta the woodwork!

    I had a hunch we’d break out on Thursday.  We didn’t.  In fact, the market went down.  Oh well, I rely mainly on my picks anyway, and with only one long – that performed poorly – there wasn’t...

    Daily picks,07/29: One at a time

    I've been noticing that most of the picks lately have been working (more or less, and depending on your parameters.  That is, longs generally go up; shorts go down.  So, I hope to keep the streak alive...

    Daily picks,07/28: At least one long cares.

    I'm running low on battery power, going on 3+ days of no electricity.  So, I'll be brief.  Take a look at PVTB as a nice long pick.   And that is the final word from Brickyard Road where I'm not...

    Our volatile times.

     Reader Jeff writes,   Hi Gary,   Hope you got your power back!   Are you still an advocate of the 4%/3% stop/limit these days?  I'm noticing some of the recent picks get stopped...

    Daily picks,07/27: blame it on the weather

    Is rough weather causing a lack of picks?  Sounds as good as any other reason, although what's really behind it, is a market that acts like a missile going straight up, then down, the up again.  In...

    Daily picks, 07/23: Shorts??

    Daily picks, 07/22: Cash isn't bad right now.

    Daily picks, 07/21: Some interesting breakouts

    Daily picks, 07/20: A day of nothingness

    Daily picks, 07/19: Ugliness abounds

    Daily Picks, 07/16: another day….

    Daily picks, 07/15: It just looks strong

    Daily picks, 07/14: Don't hate me!

    Daily picks, 07/13: At least one long stood up.

    Daily picks, 07/12: Market must decide

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    Commentary

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    A patient bear gets the bird.

    I was getting worried there I was being much too pessimistic.  However, the market finally cooperated, showing the weak hand I thought it had.  In fact, if you were looking for the bear case, you pretty...

    This V rally can't last

    I've pointed out over the past few days that the current rally from an oversold position was unlikely to last.  Today may be the judgment day, as overhead resistance is just above.  Adding to my skepticism...

    Expecting a bounce.

    In the current "Ask the Chartman" I briefly define what I mean by "oversold."  Look no further than the chart below, thoujgh, to see an illustration.  Of course, "oversold" usually leads to some sort...

    Market looking to turn up.

    Last week was particularly nasty for the market as the gap up opening on Monday represented the highs for the week.  After that, it was straight down until Friday.  But on that day, the market seemed...

    Promise on the horizon?

    Let's face it: the bulls have struggled a bit the past few days.  Nothing serious, but enough non-action to have them questioning if the move was over.  Of course, the bears didn't get much of a break...

    Up but not attractive

    Hurtful

    Step carefully now

    A small sign of bullishness, but....

    Still ugly, but maybe a one-day reprieve.

    Market down...not out

    Is the market out of steam?

    UGH!

    It all bull now

    Ouija board says, "Turning point."

    Recent Winners

    Starting...