Brian Bloom
Brian Bloom Articles
Summary and Conclusions
Almost unanimously, the indicator charts are signalling the imminent emergence of a new ballgame.
Commodities in general, and oil and gold in particular have already broken upward, whilst the Industrial Equity...
The battle between bulls and bears seems to be centred around the two trendlines which have been drawn on the daily chart of the Dow Jones Industrial Index chart below (courtesy Bigcharts.com)
It has been fascinating to see how the rising...
From close up, there is no making sense of what is happening in the markets today. Certainly, in all the years of my involvement in and around the markets I have never seen such confusion at the coalface.
One reason, I suspect, is that...
The three month daily chart below is showing a sell signal on momentum oscillators, an overbought "slow" stochastic, and an OBV buy signal that looks like it wants to abort.
By contrast, the 2 year chat below is showing that the "...
For some unfathomable reason, the human mind tends to think in terms of extremes. For example: "Death or Glory", "Success or Failure", "Accelerating growth or Collapse".
Thus, the questions being asked in today's financial world seem to...
The Dow Jones Industrial Index is now badly oversold from a technical perspective, and it looks more likely that the markets will bounce up than "collapse".
Having said this, the most important chart in the array of charts seems to be the...
The chart below is a close-up of the Dow Jones Industrial Index as at close of business in the USA on November 15th 2007 (courtesy bigcharts.com)
This looks suspiciously like an OBV sell signal to me
What we are now watching is no longer an intellectual game for the purpose of making money. It is real, and the stakes are far higher than just money.
In context of my most recent article that I sent to you a couple of days ago, the...
The following table shows Exxon's Gross Profit Margins over various periods:
Source: http://au.finance.yahoo.com/q?s=xom
The following was a headline in today's media:
Slim gasoline margins drive down Exxon earnings
There has been a disconnect in logic which has been seriously bothering me in recent weeks. Everything in my training has taught me that 'the market' ultimately exerts a discipline on speculative excess, and 'the market', being the sum of...
