AMERIGROUP Corporation (AGP) operates as a multistate managed healthcare company focused on serving people, who receive healthcare benefits through publicly sponsored programs, such as Medicaid, State Children’s Health Insurance Program (SCHIP), FamilyCare, and Medicare Advantage. With socialized medicine most likely on the way, we can call Amerigroup an Obama stock.
Besides being a possible beneficiary of […]

There are many indicators that look positive for stocks right now. The S&P 500, NASDAQ and Dow Jones Industrials all closed Friday at 20 day highs. Our momentum model’s score is well above 4 standing at 22.77. Our Technical Analysis shows the short term moving averages one the brink of crossing above the 50 […]

The market appears to be stuck in neutral. Our momentum models are posting buy signals while our leadership models are reading sell.
According to our technical analysis, the charts paint a clearer picture. If we don’t make a move up right about now, we could have some selling pressure. As you will see on the […]

It looks to us that the major indexes have found some major resistance. This could be good or bad for investors in the weeks ahead. The good: the markets are headed higher if they break above resistance. The bad: we will probably test the lows if they do not.
The key resistance levels are:

S&P 500: 900-911
NASDAQ: […]

Our weekly technical analysis of industry charts uncovered potential in some stocks that have been pummeled; gambling stocks. Since these stocks present more risk than a hand of blackjack, we recommend owning a few and maintaining stops. Risk is not always a bad thing; in this case we hope to be dealt a One Eyed […]

Nordson Corporation (NDSN) is set to discuss earnings before the market opens Thursday, December 18. With direct operations in 30 countries worldwide, Westlake, Ohio-based Nordson Corporation is the world’s leading manufacturer of systemsthat apply adhesives, sealants and coatings during manufacturing operations.
NDSN is expected to earn a profit of 84 cents for its […]

Our technical analysis leads us to believe the indexes are headed for resistance levels early in the week. For the markets to continue their upward march from the November lows they will have to breakthrough and turn resistance into support. The important numbers for investors to be on the lookout for are:

S&P 500 a close […]

As we were applying our technical analysis to more than 800 ETF charts, we decided to stop halfway through to focus on one major new trend. International ETFs appear to ready to deliver outperformance in the weeks and months ahead. We found 18 new buy signals in our international ETF universe and there were almost […]

As we wrote yesterday, the market punched through to the upside. Although a little air is out of the balloon to start the day, we fully expect the indexes to recover. As we thought we would happen with yesterday’s rally, our momentum model turned positive and our market leadership model is on the doorstep of […]

Last week was an interesting week as the stock market crashed early and then fought its way back. That puts us in a fascinating position. All the index charts are exhibiting basically the same pattern. Recently we have seen the lows stepping up and we are at the point of a triangle formation (see the […]