Wyckoff Power Charting June 26, 2017 at 03:11 PM
Whole Foods Market agreed to be acquired by Amazon.com, Inc. on June 16, 2017. This ‘disruptive’ move by Amazon.com roiled the retail stocks, which were already sagging badly. The price drops extended throughout the retail brick-n-mortar stocks... Read More
Wyckoff Power Charting June 17, 2017 at 08:00 AM
In 2011 Dr. Hank Pruden published a remarkable Point and Figure chart study, which called for a new bull market in stocks. The horizontal PnF counting method, as applied by Dr. Pruden, revealed a price objective of 17,600 / 19,200... Read More
Wyckoff Power Charting June 10, 2017 at 08:00 AM
Tesla has just achieved a market capitalization that is larger than either Ford or General Motors. Currently Tesla manufactures just two different models (with a third on the way)... Read More
Wyckoff Power Charting June 03, 2017 at 09:30 AM
Time for another ‘Stupid Chart Trick’ (click here for a prior chart trick). I have counted about one zillion (this might be a slight exaggeration, but barely) Point and Figure chart formations... Read More
