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Guy Cohen

Market Update - the S&P and Dow

by Guy Cohen 27. May 2009 20:38
Hi Everyone Just a quick update on the major indices and the main markets. For the second week running the first trading day of the week spiked up on pretty non-descript news, having followed a bearish week before. Yesterday, the market ignored the woeful housing figures and instead jumped on the... [More]
Guy Cohen

It's Ugly Out There - But Not for Long!

by Guy Cohen 22. May 2009 20:41
Hi Everyone Ugly charts prevail right now.  Many bull flags have been turning into rounded tops and early market gains have wilted as the trading days reach their close. These are not the signs of a strong market, but for us we still need the patterns to shape up neatly until we trade them. &... [More]
Guy Cohen

Market Update

by Guy Cohen 14. May 2009 20:44
Hi Everyone Just a quick update to my previous blog.  The month of May seems to behaving its effect, as I mentioned before. With earnings season now over, the markets have fallen with several decent looking bull flags turning into rounded tops that didn’t make any losses. From here we h... [More]
Guy Cohen

"Sell in May and Go Away" as the old saying goes

by Guy Cohen 20. April 2009 20:48
Hi Everyone We're right in the middle of earnings season and, surprisingly, the markets have held up rather well.  In fact there have been a number of decent bull flags over the last few weeks that have converted to nice profits. However, not for the first time, I would urge some caution and ... [More]
Guy Cohen

Trade What You See

by Guy Cohen 15. April 2009 20:54
Hi Everyone We're right in the middle of earnings season and I'm being asked where the markets are headed. As usual, my reply is "Trade what you see, and don't try to play the soothsayer". Remember Warren Buffett's immortal quote: "Forecasting tells you much about the forecaster, but nothing abou... [More]