Charting the Bull's Next Move 6-4-07 Portfolio - Stockpickr! Your Source for Stock Ideas

Charting the Bull's Next Move 6-4-07

8801 views

TheStreet.com Rating: C+

Rate Now:

average rating: 4.00 / 1 ratings

printer friendly

send to a friend

Created by Barrons

DESCRIPTION:

Date updated:06-03-2007

From Barron's 6-4-07:

"The market is full of frustrated bears," says John Roque, senior technical analyst at Natexis Bleichroeder, a New York-based investment dealer. "But they're not going to get any satisfaction anytime soon, even if this market is equally full of dissatisfied bulls. No one is running around waving their hands in the air and yelling "yippee" in excitement" in response to the market's big gains this spring.

Yes, the technical analysts -- those folks who scrutinize price charts and trading volume in search of clues as to which market, industry group or stock is poised to generate outsize returns or tank -- are no more ready to return to the irrational exuberance of a decade ago than their counterparts, the fundamental analysts. Both camps, it seems, are united in a wary acceptance of the market's recent gains."

Rich Acampoa, who trades at Knight Equity Markets using charts, is bullish on Xerox, Schering Plough, Qwest Communications, Verizon Communications.

XRX
Xerox Cp
$7.89
+0.64%
$7.91

No Analysis added

People owning XRX also tend to own: SIRI YHOO AAPL AMX CCJ CHL CSX

TheStreet.com Rating: C What is this?

SGP
Sgp
$0.00
N/A
$N/A

No Analysis added

People owning SGP also tend to own: AMGN APA BAC C COP CVX DOW

TheStreet.com Rating: C+ What is this?

Q
Qwest Comm Intl I
$3.82
+0.79%
$3.82

No Analysis added

People owning Q also tend to own: ABM COST INFO JAS LMT NOC RTN

TheStreet.com Rating: C What is this?

VZ
Verizon Commun
$30.36
+0.16%
$30.45

No Analysis added

People owning VZ also tend to own: AA AIG IBM INTC JNJ JPM KO

TheStreet.com Rating: B- What is this?

SBUX
Starbucks Corpora
$21.71
+1.40%
$21.60

Rich is bearish on Starbucks and Whole Foods

People owning SBUX also tend to own: AAPL BRCM BTU CCJ CNQ CTRP GG

TheStreet.com Rating: B- What is this?

WFMI
Whole Foods Marke
$28.19
-1.33%
$28.63

No Analysis added

People owning WFMI also tend to own: CSH CTRP JNJ LGBT LVS MKL QMAR

TheStreet.com Rating: C What is this?

Comments not available

'Fast Money' Portfolios of the Week

By Roberto Pedone Posted on Nov. 12, 2009 According to CNBC’s “Fast Money” traders, stocks continued to move higher this week, maintaining their strength off the ...

11.12.09 | 11:44 AM

Squeezing the Shorts: Large-Cap ...

By Jonas Elmerraji Posted on Nov. 11, 2009 Recently we put our short-squeeze focus on smaller stocks; this week we’re going large-cap. With higher trading volumes, mo...

11.11.09 | 15:19 PM

Dividend Stocks for the Week

By Jonas Elmerraji Posted on Nov. 10, 2009 After six straight days of gains, the markets are taking a breather today, which gives us the chance to focus our attention b...

11.10.09 | 15:04 PM

This Week's 'Barron's' Roundup

By Roberto Pedone Posted on Nov. 9, 2009 Financial-Services Bull: Barron’s talks with Anton Schutz, portfolio manager at the Burnham Financial Industries Fund (BURFX)...

11.09.09 | 11:01 AM

Wealth distribution by race and ...

11.23.08 | 18:44 PM From author Valerie J

General market Technical Analysi...

11.14.07 | 22:55 PM From author ZA

The Presidential/Political Thread

01.02.08 | 08:05 AM From author Dave Cox

virtualscopics ( vscp ) reported...

11.12.09 | 18:12 PM From author arses

more forums