HCPG Blog

Our newsletter for tomorrow discusses some of our core concepts and has a more educational bent to it than usual. If you're interested ...

Brutal sell-off today as the market didn't like what Geithner had to say. We'll be watching our favorite short vehicles FAZ SRS SMN...

This should be an interesting week with three very important points to remember: a) we have stimulus/bank news pending early this week b) su...

Trader-X did a post about this site: Five Rules for Life . Check it out and especially Trader X's contribution. Read others, think...

As we wrote yesterday, bullish or bearish, XLF had to break-down. Thus far the bullish scenario of "We break-down, and then reverse h...

It would be very surprising for this flag not to break sometime soon. Watch financials to lead the way with XLF through 8.87 and then 8.07....

BAC already broke down; but XLF above support. Some kind of resolution coming soon as the range has tightened considerably. Financials on...

Without a doubt we make more money in bull markets. And we wish every day that we could start another bull market. However, reality sets ...

Here's an economist who gets it (our favorite parts in bold) By THOMAS L. FRIEDMAN Published: January 31, 2009 In its own unpr...

An excellent summary by The Brookings Institution. Read this short introduction, and then hit the pdf link at the end to the full 47 page...

If you have a blog which you think would be of interest to our readers, please e-mail us at info AT highchartpatterns DOT COM. We'll ...

It was a wild week. Monday/Tuesday started slow but Wednesday we gapped up hard thanks to the "bad bank" news. We became bullish...

Today was the day the bears should have pushed the market down through support: they had the gap-down weight and momentum right at the open...

Hat Tip to The Daily Beast Ex- Merrill Lynch’s CEO John Thain's re-decorating expenses 1) $2,700 for six wall sconces. 2) $5,000 for a...

We've been reading ClusterStock these past few weeks and like what we see in terms of news and editorials. We find ourselves to be in...

Wouldn't it be great to have more men like Buffett and fewer men like Ken Lewis, Dick Fuld, John Thain (feel free to substitute investm...

Financials broke through their November lows yesterday. Note the divergence with the S&P 500 which is still significantly above last y...

In previous posts we wrote about different support levels, 89,85 and 82. The first two minor levels gave out easily while 82 major support t...

Unless there is some fantastic news that temporarily diverts the attention of traders from the world's ills, be it catching Osama (remem...

Market is at a critical juncture and bulls have to step up to the plate tomorrow morning to hold SPY support at 89 which is daily support, u...

Two equally compelling set-ups, one in a leveraged ETF, one in a stock, we will always choose the leveraged ETF (our favorites being DI...

The market went from SPY 155 to SPY 80 in two years (2000-2002). Then it took five years (2002-2007) for it to simply recoup the losses a...

Last week the market tested the lower range of support, bounced hard, went straight through short-term resistance we had shown the week befo...

Yet another day in which the range was inside the last higher-volume/broader-range day, which was Monday, December 22. We would be hap...

Check out the post for Dinosaur Trader's best of 2008 . Good stuff.

Believe it or not, even after all the recent volatility, we've been in the same trading range for the last two weeks. Over 90 and it w...

Trading range now is 90 resistance and 75 support on the SPY. Previous support was 82, which again, was hit today. Market above 82 and ...

We're thinking of firing up our blog once again but this time we'd like to make it a more community effort; we're o...

Grasp the following, and you will comprehend the base and break, which is the primary system in which we make our living. 1) A great dai...