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Guy Cohen

Market Update 7 July 2009

by Guy Cohen 7. July 2009 20:28
Hi Everyone The markets haven't disappointed!  As I mentioned last time, they were more likely to come down and so they have done just that. If we do have a prolonged downtrend, that can only be good for us as there will be some great bear flags for us to trade. What we need to see now is a c... [More]
Guy Cohen

Market Update 2nd July 2009

by Guy Cohen 3. July 2009 20:31
Hi Everyone Earnings season is around the corner, and after an unhelpful rangebound two month period since the last earnings season I expect to see a long-awaited market move by the end of July.  The last couple of months have see the market stall somewhat, with a greater number of whipsaws an... [More]
Guy Cohen

Market Update June 17

by Guy Cohen 17. June 2009 20:35
Hi Everyone I've been meaning to write an update for a few days, but now is as timely as ever. For some time I've been extolling the virtues of caution in this peculiar market rally, and the last couple of days explains exactly why ... Basically, what we witnessed up to last Friday was a protract... [More]
Guy Cohen

Market Update - the S&P and Dow

by Guy Cohen 27. May 2009 20:38
Hi Everyone Just a quick update on the major indices and the main markets. For the second week running the first trading day of the week spiked up on pretty non-descript news, having followed a bearish week before. Yesterday, the market ignored the woeful housing figures and instead jumped on the... [More]
Guy Cohen

It's Ugly Out There - But Not for Long!

by Guy Cohen 22. May 2009 20:41
Hi Everyone Ugly charts prevail right now.  Many bull flags have been turning into rounded tops and early market gains have wilted as the trading days reach their close. These are not the signs of a strong market, but for us we still need the patterns to shape up neatly until we trade them. &... [More]