Gnothisafton

Gnothisafton

PYPL has just broken the 200d SMA. It's time to buy and hold.

Gnothisafton

It's time to keep a close eye on FAANGT stocks to be ready to reposition once the rules I've outlined in my post “A trading system for rookies” are met. I also urge you to consider positions in the Greek Stock Exchange where there are now many reliable and safe shares that are in a mature phase of growth. Some of them are presented below. For more...

Gnothisafton

It's time to keep a close eye on HERCULES portfolio stocks to be ready to reposition once the rules I've outlined in my post “A trading system for rookies” are met. I also urge you to consider positions in the Greek Stock Exchange where there are now many reliable and safe stocks that are in a mature phase of rise. Some of them are presented below. For...

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The Greek economy is accelerating its growth, significant foreign investments are being made in the country (Microsoft, Pfizer, Digital Realty, Amazon, Cisco, JP Morgan, Deutche Telekom and others), in 2023 Greece is expected to return to the investment grade and the stock market is preparing to capture all the above. The chart shows the course of the Greek...

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In December 2021 S&P 500 touched DJI. The past reveals that every time S&P 500 touches DJI a major correction starts. That happened in 1929, in 2000 and in 2008 as the following chart shows. The only thing I have to add is that it looks like we're at the beginning of the current major correction.

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The market has entered in a correction phase from the mid of February ‘21. Although the indexes continued their rising course, many stocks began falling from then. In February ‘21 90% of the stocks were above their 200 days SMA and now this percentage has fallen to 30% (See the Percent of stocks above 200-days average chart – the decline began in Feb 11, '21)....

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Disclaimer The author of this idea is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only. It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances, it is very important to do your own research...

Gnothisafton

Disclaimer The author of this idea is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only. It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances, it is very important to do your own research and...

Gnothisafton

Disclaimer The author of this idea is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only. It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances, it is very important to do your own research...

Gnothisafton

Disclaimer The author of this idea is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only. It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances, it is very important to do your own research...

Gnothisafton

FAANGT’s long- and mid-term trend charts are presented. Also the mid-term trend charts of FB, AMZN, AAPL, NFLX, GOOG and TSLA are presented. ___ Comments on the weekly chart: * This week the price crossed upwards the 9w SMA. * The technical picture of all the indicators on the weekly chart remain negative but, as the daily chart shows, this is...

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HERCULES’ mid-term trend chart is presented. Also the mid-term trend charts of the stocks that make up the portfolio are presented. ___ Comments on the chart: * This week the portfolio's price closed +1.2% higher. * The price met the resistance of the 30d SMA and retreated but now stands over the 9d SMA. * The "head and shoulders" pattern scenario...

Gnothisafton Updated 

After Thursday’s close all the major indexes of the market, on the daily charts, are above their 30d and 50d SMAs and their MACD indicators either have already given a buy signal or they are ready to do so. If on Monday the market rises and closes with a positive sign, the technical analysis will give us a time-filtered signal to reposition ourselves in...

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HERCULES’ mid-term trend chart is presented. Also the mid-term trend charts of the stocks that make up the portfolio are presented. ___ Comments on the chart: * This week the portfolio's price closed -3.6% lower. * The price is still under the 9d SMA and the latter has a declining slope again. * The 30d SMA has decisively crossed downwards the 50d SMA...

Gnothisafton Updated 

The fall started from the Nasdaq (tech stocks) index, passed to the Russell index (small caps) and now it seems to spread across the whole market. The overall market’s index DSIR is below its 30d and 50d SMAs and shows large bearish divergences whilst its MACD gave a strong sell signal. IXIC, FAANGT and RUT are below both their 30d and 50d SMAs, SPX it’s below...

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HERCULES’ mid-term trend chart is presented. Also the mid-term trend charts of the stocks that make up the portfolio are presented. ___ Comments on the chart: --------------------------------- * Eventually the rising reaction (totally 21%) stopped at the strong resistance of the 50d SMA. * This rising reaction was a very good chance to sell in the highest...

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FAANGT’s long- and mid-term trend charts are presented. Also the long-term trend charts of FB, AMZN, AAPL, NFLX, GOOGL and TSLA are presented. ___ Comments on weekly chart: ----------------------------------- * For 4 weeks the prices are between the 9w and the 30w SMAs. * All the indicators are declining with huge divergences. * Especially the Chaikin...

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A Technical Analysis topic is presented simply and concisely for beginners. ___ HOW WE DEAL WITH THE FALL Stocks don't go up forever. There are also periods when they fall by making small, large or even huge corrections to their prices. Big falls also make the stocks that are considered top today, either because they are highly overvalued or because their...