Relative performance broke through resistance in late April and shows a long-term positive pattern.
The yearly on-balance volume (OBV) shows a positive pattern of higher highs and higher lows.
Over the years, I have found that even a short interest ratio as low as 5, when combined with a positive technical pattern, can set up a good trading opportunity.
So can we be sure November, December, and January will follow their historical pattern of usually being the most positive months of the year?
FORBES: Sentiment Seems Excessively Bullish, Watch The Stock Charts
If we elect Obama and history's pattern prevails, expect 2008 to be positive but below average and 2009 to be above average.
If the U.S. elects Obama and history's pattern prevails, expect 2008 to be positive but below average and 2009 to be above average.
The short-term pattern in the relative performance is looking more positive.
The relative performance had turned positive and the chart showed an apparent flag formation or a continuation pattern, which is one of my favorite setups.
The company began to notice a pattern of heavy selling volume in its shares coinciding with positive news of new software sales, including two alliances with IBM announced in late 2000 and early 2001.
The company began to notice a pattern of heavy selling volume in its shares coinciding with positive news of new software sales, including two alliances with IBM (nyse: IBM - news - people ) announced in late 2000 and early 2001.
This is a bearish chart pattern that requires a move above 5627.85 to turn positive.
By the way if that happens, although it would a positive for a few months, down the road the remnants could provide the catalyst for the seasonal pattern to continue next summer.
They know it, so attempts at major legislation have tended to crowd in the first two years hence stock returns on average have been more variable then. (For US stocks, but the pattern largely holds for global stocks.) There have been plenty of big double-digit positive years in years one and two, but the variability drags down the averages to 8% and 9% respectively.
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