Still Holding QCOM

Despite the big gain, I’ve decided to hold onto QCOM after buying it the damn day it mini crashed on some goofy negative media hype in the Wall Street Journal (or was it the NY Times?). What was the ‘news’? I can’t even remember. But it was some sort of media speculation, which tanked the stock. Now Qualcomm is apparently rejecting Broadcom’s bid, which as … Continue reading Still Holding QCOM

nftrh plus

NFTRH+; A Hong Kong Based Telecom in a Potential S/T Bottom

China Mobile is a stock I bought this morning and thought I’d pop it up as a + update for anyone interested in looking into it. I’ve been watching the daily chart for a week or so and thought I’d missed it when the stock popped on Friday. Today it has pulled back to within the would-be bottoming pattern. MACD is heading toward a positive … Continue reading NFTRH+; A Hong Kong Based Telecom in a Potential S/T Bottom

alice

NFTRH; Parameters for the Stock Market

As the little blip continues this morning, let’s review the short-term parameters that would indicate the potential for further correction on a few indexes. In an update a couple of weeks ago, when the market made a little twitch we noted that a daily close below the previous week’s low would increase concern. That is what we will stick with this week. The Dow’s low … Continue reading NFTRH; Parameters for the Stock Market