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Archive for the 'Industry Technicals' Category

23 Jul

Let T. Boone Blow You

T. Boone Pickens has committed up to 12 billion dollarsĀ to build the world’s largest wind farm.
The following charts represent companies with exposure to the wind energy market. I have also included two new wind power ETFs.

(AES: 15.43 +0.78%)

(AMN: 117.28 -4.39%)

(AMSC: 25.26 +0.60%)

(FAN: 25.83 +2.30%) a wind energy ETF.

(GE: 28.75 +0.35%)

(HXL: 19.50 +1.62%)

(KDN: 52.79 -0.83%)

(PWND: 21.881 [...]

04 Jun

Is Oil Going to Donkey Punch You?

It appears to me that Oil is setting up to donkey punch the oil bears and market bulls alike.
Oil, via (USO: 98.21 +4.50%) looks like nothing more than a great breakout with an orderly pullback to a trendline and moving average support.
If you are short oil here, or betting on a stronger general market due [...]

19 May

How To Crack Corn

Hat tip to TraderCaddy. (DBA: 37.64 +3.72%) is how one cracks corn, unless you want to wait a quarter or so for (BWLD: 36.30 -3.23%) to reap the benefits. As shown below, DBA gets one exposure to Corn futures of 25%, if I’m reading the holdings correctly.

Company
Symbol
% Assets

Cbt Wheat (Fut)
N/A
2.93

Corn (Fut)
N/A
14.6

Corn Future Jul08
N/A
9.25

Red Wheat Fut [...]

05 May

Industry Technicals: Aerospace and Defense Breakouts and Bases

The Aerospace and Defense sector has been relatively hot, gaining 4.6% over the past month. HereĀ are my favorite stocks from the sector. Most are breaking out, or have formed bases and look as if they may attempt a breakout in the near future. They are in order of greatest volume to least volume.

(HON: 48.75 +0.54%) [...]

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