Charting Stocks

According to a recent report, layoffs in the US technology sector rose 74.2% in 2008 as compared with the previous year. The industry was battered by an unrelenting wave of layoffs.
186,955 jobs in the telecommunications, computer, and electronics sectors were slashed in 2008 according to the report by outplacement consulting firm Challenger, Gray & [...]

The $838 billion bailout out bill dujour won approval in the Senate by a vote of 61-37. The market reacted  in the same way as the passage of previous bailout bills – It sold off.
Why does this happen? The media is mostly to blame. They are constantly peddling false optimism while setting their viewers sites [...]

2009 will be a year of complete destruction for the US economy. 5 Million will lose their jobs. The Dow Jones Industrial average will break below 6,000. Municipalities will fail. Insurers will fail. The unemployed and foreclosed American population will take to the streets and begin rioting. The Greatest Depression is upon us.
Sound far fetched? [...]

One of the ways market technicians try to predict sector out performance is by conducting a relative strength analysis. In a bear market the price charts of most sectors and stocks are moving down with the market. Some sectors are moving down more than the market, and so they are relatively weaker, and some are [...]