Market Comment

Are Point and Figure Sell Signals Bad?

November 15, 2011

What generates a sell signal on a point and figure chart? The easy answer is “the price going down!” And you would be right. But that’s kind of a “flip” response. The number one question I get asked is “Tom, tell me WHY the stock is going down!” That’s a tougher question to answer. Since [...]

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Green Mountain Coffee

November 15, 2011

Avoiding a big loss can go a long way toward improving the managing your 401k account or your investment portfolio in general. What we try to do at Mullooly Asset Management is manage the risk in your investments. Green Mountain Coffee (GMCR) really collapsed last week, after reporting earnings on November 9th. But the trouble [...]

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Positive Trend Can Be Your Friend

November 1, 2011

After a good run in late October, the last day of October AND now the first day of November are off to a thud. What’s happening? There is a significant difference between the market action in late July – early August and now. The drop in August was enough to break support lines. But at [...]

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FOCPX: Fidelity OTC Fund Analysis October 25, 2011

October 25, 2011

Is the Fidelity OTC Fund (symbol FOCPX) available in your retirement plan at work? FOCPX may be available in your deferred compensation plan or your 401k plan. In the many retirement plans I have reviewed, the Fidelity OTC Fund is one of the more popular funds — meaning, it is often offered as one of [...]

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Doctor Copper, the Economist

October 18, 2011

Copper has often been regarded as a great economic indicator, since copper has so many uses. When the economy typically begins to pick up, copper is in DEMAND. When we have slack (or slow) times in the economy, demand for copper drops. So what is copper, as an economic indicator, saying right now? Keep in [...]

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Morgan Stanley Emerging Markets Fund (MGEMX)

October 11, 2011

Is the Morgan Stanley Emerging Markets Index Fund (symbol MGEMX) available in your retirement plan at work? MGEMX may be available in your deferred compensation plan or your 401k plan. In the many retirement plans I have reviewed, this Morgan Stanley Emerging Markets Fund is one of the more popular funds — meaning, it is [...]

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Dow Jones as of October 4, 2011

October 4, 2011

Last week, we reviewed the action on the Dow Jones Industrial Average (DJIA). The date of that chart was September 27, 2011. In light of yesterday’s activity in the market, I have prepared a short, two minute video to review what is happening — just one week later. The great thing about point and figure [...]

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NFLX Netflix as of September 29, 2011

September 29, 2011

Sell Signals: Not to be ignored Netflix (symbol NFLX) is a great example (at the present time) of what happens if investors ignore sell signals. One of the great features of point and figure charts is that they often have clear actionable points along the way. Netflix (NFLX) gave several sell signals throughout July, August [...]

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Dow Jones September 27, 2011

September 27, 2011

This is the Dow Jones Industrial Average (September 26, 2011 close). This is a 100-point box chart (each box along the side represents 100 points on the Dow Jones). All charts are courtesy of Dorsey Wright & Associates Dorsey Wright offers a free two week trial subscription, I encourage you to check them out. We [...]

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Emerging Market Debt and Large Cap Stocks?

July 19, 2011

Weekly Commentary for July 19, 2011 A few weeks back I wrote “there is a possibility this is how the market could move (sideways) for awhile.” It’s possible we could see five, six or seven weeks of sideways or straight up, followed by five, six or seven weeks of sideways to down. So yesterday, I’m [...]

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