Here is this week's report, friends.
Best to all,
Eric
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Here is this week's report, friends.
Best to all,
Eric
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Happy New Year, friends.
I hope to share some thoughts in the next weekend or the following, as some of the busyness affiliated with the holidays and moving to a new place wind down some.
I appreciate the feedback I received last year and the opportunity to share. And while my posts may not be as frequent going forward, I hope to improve the quality of presentation.
Best to all,
Eric
Thank you for taking the time to bravely and freely share your knowledge and insight on many occasions throughout the past year (and beyond!), Eric. It is very generous of you and I look forward to learning more from you in 2012.
Some technical difficulties are preventing timely posting of this weekend's market observations post. My apologies, and hopefully this will be resolved tomorrow evening.
Best,
Eric
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My apologies for the delay. Best to everyone!
Eric
Here are this week's comments, which simply build upon some of last week's notes. Please remember that these are simply observations, and each person is responsible for their own trades. The format should clean up a bit after my computer is back from repairs. Have a great week everyone.
Best,
Eric
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Weekend market observations.
In addition, there is some interesting action in the natural gas sector, as the commodity bounces around near the bottom amidst a thrust higher in TEV. Also, EV patterns for futures on the Australian and Canadian Dollar seem to lend support to the commodity complex.
Have a great week!
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Because of changes to my work schedule the past couple months, my posts have been a bit less frequent. Shared here is a visual of the three scans tracked for posts going back to mid-October with a brief comment. In the meantime, best to everyone.
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Have a great week everyone. I don't have much to add other than some updates to some scan graphs I am now tracking daily and a few other notes. As always, one is responsible for their trading decisions.
Best, Eric.
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Here are the updated stage scans for the week. Unfortunately, I have not had as much time to include additional observations or notes, mostly due to personal and professional reasons. I find the alphascanner a great complement to all the great knowledge shared here, and remain thankful for this group. Still, there is much to learn, and while I garner insight from the scans I track, Billy's work provides exceptional additional insight.
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Best Regards,
Eric
Here are this week's comments. In addition, I'll be actively following Pascal, Billy, Paul, Mike, and Jerry's comments. Have a great week everyone.
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It has been a while since my last post. I thought I'd share a few updated thoughts this week, though. Hope everyone is well.
Best,
Eric
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Thank you Eric!
It is always interesting to have your point of view.
Regarding coal, I have been checking this sector every day, but whenever I wanted to place a long trade, my buy finger was shaking so much with fear that I could not accomplish the buy.
Maybe buying AAPL going into the holidays' season would be easier.
Pascal
It is difficult to cover everything, but these are a few notes from my weekend study. Have a great week.
Best,
Eric
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[QUOTE=ericoleman;24278]It is difficult to cover everything, but these are a few notes from my weekend study. Have a great week.
Best,
Eric
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Thank you Eric.
I finally bought positions in coal miners ACI and WLT last week.
What I find interesting is that the US$ is now confirming weakness while the Euro confirms strength.
On the other hand, it seems that large players believe that there is too much oil there...
Gold is still strong, but the miners are hesitating to move higher.
Pascal
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Some weekend notes. Have a great week.
Best,
Eric
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Eric; I enjoyed your post. Very insightful.
Both you and Billy refer to substages in your respective work.
Where can I read about the details of substage classification?
Thank you.
Robert
Brrim,
Thanks for your response
You can find the original posting on the Alphascanner blog here:
[url]http://blog.alphascanner.com/?p=306[/url]
Additionally, you can replicate the scans or create new ones by using the scanner tool. I should probably do more scans, but have tracked the ones I use in my notes with greater regularity. I find them instructive for providing context, not necessarily an implicit buy or sell. For example, you might have strong weekly and daily mark-up stocks near the end of a long-term uptrend, which may be quite risky due to an extended condition; consequently, external variables like market conditions or analysis such as Mike Scott provides might complement one's decision making process.
The other benefit is found in monitoring the evolution of conditions. For example, securities in long-term Stage 4 down trends may still provide opportunities using the EV methodology as a market reversal can cause the issues to sharply rally. Alternatively, Stage 1 stocks may provide fodder for stocks that have entered "value" territory after long-term washout sort of trends.
Best,
Eric
Hi,
Here are some updates and notes, with a short follow-up from the last report.
Best,
Eric
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Thx for the review Eric. These are great! Mch appreciated!
[QUOTE=ericoleman;24874]Hi,
Here are some updates and notes, with a short follow-up from the last report.
Best,
Eric
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