spx – Page 60 – Technical Analysis of Stock Trends

Gold awakes. Market on slippery slope…

Post author:WHC Bassetti
Post published:May 17, 2012
Post category:Letters
Post comments:0 Comments

The gold chart looks pretty suspicious to us. One bar doth not a trend make, but as a speculation we like it, so we closed our shorts and went long …

Nasty PnF charts. Egregious Greeks. Perverse politicians…

Post author:WHC Bassetti
Post published:May 12, 2012
Post category:Letters
Post comments:0 Comments

You may not like what the French do, but they do it with such elan (and they pronounce it so beautifully) that you have to enjoy watching it. And it…

Bears cross Xs and dot Os…

Post author:WHC Bassetti
Post published:May 9, 2012
Post category:Letters
Post comments:0 Comments

With Greek Medusa raising her ugly head, badly in need of a hair cut, the markets are turning to stone. In a few days what looked like a minor reaction…

Sell in May and pay for naivete….

Post author:WHC Bassetti
Post published:May 5, 2012
Post category:Letters
Post comments:0 Comments

We were looking at this chart willing it to tell us how far down it was going to go and Lo! and! Behold! it did. The short horizontal trendline at…

Job report hammers market…or not?

Post author:WHC Bassetti
Post published:May 4, 2012
Post category:Letters
Post comments:0 Comments

First of all let's get it straight. The job report didn't hammer the market today. Big traders who have been harvesting the market saw the opportunity and hammered the market. …

Noted technical analyst WHC Bassetti has over 40 years’ experience in the financial markets and is Malcom S.M. Watts III Adjunct Professor of Finance and Economics at Golden Gate University. He is editor of the Tenth Edition of Technical Analysis of Stock Trends, widely considered to be one of the true classics of market analysis.

► Read His Bio

► View His Credentials

► Client Letter