Saturday, January 9, 2010

Charts for end-of-day analysis

Although some of you are glued to the computer screen all day long, I suspect many more of you are only occasionally at your computers and at that, mostly after market hours.  That doesn't mean you have to accept mediocre investment returns when the application of a couple simple trend indicators can you on the right side of major trends in the market or in particular stocks.

As for those who are able to watch the market all day long, sometimes, less is more.  Especially when less = simplicity and more = profitability.

There are enough stock blogs that cover the complicated, esoteric and oblique in terms of technical analysis of stocks and markets.  It is in the spirit of simplicity (and my mantra, below) that I present the following charts.  They include two trend indicators, my Daily Trend Following Model (navy line) and in the bottom panel, The Vortex Indicator.   I am suggesting the obvious here, so clearly obvious that I am going to let you figure it out from the charts below.

The mantra of AllAllan remains,

Find something that works.  Then trade it.


Daily charts: Suitable for end-of-day trading 


SPY 



GLD



NNVC



AAPL



AMZN



GOOG



GS



A