buy signal

Buy Signals: Point and Figure Videos, vol 2

by Thomas Mullooly on January 7, 2012

If you have not seen the video on the origins of Point and Figure Charts, I suggest you head over and watch the video, it is just a few minutes long.
This video covers how buy signals are created on a point and figure chart. Buy signals and sell signals on point and figure charts are the building blocks behind some of the greatest investment discoveries. It will be well worth your time to see exactly how buy signals are created on these charts.

If you are relying on a blog post for specific investment advice, you are making a huge mistake. Please speak with an investment adviser before making ANY investment decisions.
If you do not have an investment adviser, we encourage you to contact Mullooly Asset Management at 732-223-9000, or through our website. Under no circumstances should the content discussed here to be considered specific investment advice.

This is the video on Point & Figure BUY Signals.
Once complete, you can check out the video we have put together on Point & Figure SELL signals.

I would also add the following:

Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that the future performance of any specific investment or investment strategy will be profitable or equal to past performance levels.

All investment strategies have the potential for profit or loss. Changes in investment strategies, contributions, or withdrawals may materially alter the performance of your portfolio. Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for an investor’s portfolio.

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Protected: See A Chart in A Positive Trend

by Thomas Mullooly on August 28, 2009

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Analysts love it. So why is the stock going down?

April 18, 2009

I look at the charts in your 401k plan continuously. If none of the charts are going up, here is our plan: we stay on the sidelines. Pretty simple.

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Jerry Yang, Yahoo: Should you own Media Darlings?

July 24, 2008

I’m going to paint a word picture for you. Suppose you own a stock that gave three successive buy signals last summer — in 2007. The stock ran from $28 per share up to $34 a share. Sounds good so far, right? But the stock then broke through the support line, was already on a [...]

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Can Merck go any lower?

June 27, 2008

This article could be titled: Can (fill in the blank) go any lower? I’m not picking on Merck. The reality is you could drop in Merck, Citibank, General Motors, Ford, J.P. Morgan, along with most other names in the Dow Jones Industrial Average (and most of the largest names in the S&P 500) and ask [...]

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Goldman Stearns and Lehman Sachs

March 22, 2008

All these firms hold the same investments. There is STILL considerable risk in the group. Why did this happen to just Bear Stearns? One of the first things I learned about investments was when it comes to bonds, think chocolate and vanilla, super simple: when interest rates rise, bond prices (values) go down. And when [...]

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Cutting Losses Short

January 7, 2008

Most Wall Street recommendations to buy are based on projected future revenues and/or projected future earnings. Projected. Or you could say, “predicted”. Ever notice that a stock will begin to drop (many times without any news), and people will begin to ask “why is XYZ dropping?” Then rumors begin to swirl that something might be [...]

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Volatile Stock Market

December 4, 2007

Now, sometimes the “short-term” turns into the “long term,” so we’ll monitor what unfolds in the next few days. And keep you posted if conditions change. But my experience tells me we’re not out of the woods yet. At least, on a longer term basis. Now, you’ve likely heard me say that “support line” breaks [...]

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One of Our Better Tools

November 5, 2007

One of Our Better Tools We’ve got a tool we rely on here at Mullooly Asset Management called “relative strength.” This tool simply tells us which investments are moving faster than the entire market, or moving slower than the entire market. Pretty powerful tool! That’s important – if we want to beat the market, we [...]

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Beating the Market

September 24, 2007

One of the best tools we have at our disposal is something called “relative strength.” Look, you can’t beat the market, unless the investments you own ARE beating the market. In other words, hanging onto something “just because” will always drag down your overall performance. We should not get “married” to a stock. Relative strength [...]

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