Well, we will finally see if the iPad success is already built into the stock’s price.  While a lot of pundits think that the stock is over priced, a look at the monthly chart suggests to me that the stock has just broken out of a 2 year base.  This stock may have a long [...]

It will be interesting to see whether fears of higher taxes from the passage of the health care bill will cause a downward reaction in the market this week. Jim Cramer thinks so.  But I am a trend follower and will wait for the market to signal its intentions.  I had moved my stops up [...]

I am dumbfounded!   I recently taped some of Cramer’s shows and reviewed Friday’s show this weekend.  At about 10 minutes into his show, Cramer responded to a caller who asked him about the use of stop loss orders.  Cramer ranted on about how he did not want his “home gamers” to put their orders on [...]

With the GMI and GMI-R at their maximum levels, growth stocks continue to rise.  AAPL continues to rise, along with PCLN, RMD, GMCR, NFLX  and CREE, all of which I own.  As you know, I concentrate my trading in stocks at or near their all-time highs.  I also like to see good earnings trends.  Some [...]

The market closed strong on Friday, as AAPL broke out to a new high.  Technology is where the action is right now.  However, one caution flag is that the T2108 is now at 81%, very near to being in overbought territory.  Last May, the T2108 reached a peak at 92%.  Meanwhile, the GMI

The short term up-trend in the QQQQ finished its 6th day on Friday.  I like the fact that AAPL is holding up.  We need to watch the leaders for signs of where the market is headed. I went through the new highs on Friday using the methodology I described last week.  In doing so, I [...]