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Alpha Trends

Alpha Trends is dedicated to unbiased technical analysis of momentum stocks or stocks that look poised for a large move in either direction. It is updated by Brian Shannon with video and written technical analysis of the equities markets and individual stocks

Any fool can criticize, condemn, and complain but it takes character and self control to be understanding and forgiving. ~Dale Carnegie ... Read the full post ... Read more

No video this evening ... Read the full post ... Read more

The 30 minute charts below show the magnitude of the recent rallies. A break of the uptrend lines could lead to a more meaningful pullback towards the prior resistance levels. ... Read the full post ... Read more

Stock Investing > Alpha Trends

Tiring

Brian Shannon | Thu, 03/19/2009 - 11:01am |  Add a comment

Markets seem to be getting tired after yesterday's larger volume move. The trend is still higher and there are 1854 advancing stocks vs 1054 decliners right now, so the short side should be approached cautiously. ... Read the full post ... Read more

Wisdom is not a product of schooling but of the lifelong attempt to acquire it. ~Albert Einstein ... Read the full post ... Read more

The rising 5 day moving averages show the path of least resistance continues to be higher in the intermediate term. Early short sellers are learning the same lessons that the early buyers below the declining 5 DMAs learned over the last month, it doesn't pay to fight the trend. With the Federal Rese ... Read more

People do not seem to realize that their opinion of the world is also a confession of character. ~Ralph Waldo Emerson ... Read the full post ... Read more

One of the biggest problems with Wall St is the lack of independent thinking. It seems as though any good idea gets piled on until it no longer works and then the game becomes one of blame and excuses of a “perfect storm which couldn’t be avoided”, etc. The lack of personable responsibility ca ... Read more