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January 2009

Live Webinar: Chart Reading with Peter Worden

I will be hosting a live Webinar, "Chart Reading with Peter Worden" next Tuesday evening, February 3 at 8:00 PM ET. In this 45-minute segment I plan to discuss the general market, as well as some spec
Last Updated: Wednesday, February 04, 2009 1:07 PM

Rally Underway for TTES

  I have made several positive comments in TeleChart Platinum chat over the past week or two. This morning just before the open I wrote, [1/27/2009 9:28:38 AM] (PeterWorden) "Healthy consolidation con
Last Updated: Tuesday, January 27, 2009 3:13 PM

Financial Sector Showing Improvement

I have been saying for some time we absolutely must get participation from the financial sector if we are to see the general market get anything going on the upside. XL
Last Updated: Friday, January 23, 2009 1:41 PM

SPY Hit a Tradable Low Today

In TeleChart Platinum chat just a short time ago at 2:02 PM ET today I wrote, “I like the look and the feel of this rally.” SPY has m
Last Updated: Wednesday, January 21, 2009 2:59 PM

RIMM Keeps Plugging Along

I have continued to post favorable comments on RIMM through my Worden Notes in TeleChart. The stock price continues to make its way higher on respectable short-term tec
Last Updated: Wednesday, January 21, 2009 2:38 PM

Short-term "W" Bottom Forming in Oil

DIG needs to get back up through its 50-hour moving average, which it is testing right now. I am betting it does. This hourly chart shows a potential “W” bo
Last Updated: Wednesday, January 21, 2009 2:15 PM

Beckman Coulter (BEC) Continues Higher

Moments ago I called BEC a buy in TeleChart Platinum chat. This daily chart shows a technically sound upturn from the December price lows. The green price bars indicate
Last Updated: Wednesday, January 21, 2009 1:49 PM

Signs of Renewed Buying Into This Bounce

  Well, as bad as things looked yesterday morning, it was encouraging to see SPY hold support at the early December lows and put together an afternoon rally. This is the same hourly chart of SPY I sho
Last Updated: Friday, January 16, 2009 9:22 AM

Watching Closely for Positive Crossover

After moving sharply lower at the outset of today’s session, SPY did establish a trading range of sorts for the remainder of the day. In fact, SPY did actually
Last Updated: Wednesday, January 14, 2009 5:52 PM

Shorting the Real Estate Sector

SRS is an UltraShort Exchange Traded Fund (ETF), which may offer a great vehicle to trade declines in the real estate sector.It appears SRS has rounded out a trading bottom on this
Last Updated: Wednesday, January 14, 2009 1:46 PM

Short-Term Correction Likely to Continue

SPY has been riding along the top of its 200-bar moving average on this 10-min chart, trying to hold support throughout today's session. TSV has begun to show some subtle selling pressure today
Last Updated: Wednesday, January 07, 2009 12:37 PM