Category: Frequently Asked Questions

Adjusted and Non-Adjusted Data

A common problem in data analysis is choosing what data to use when analyzing. For example, you would think that since the NYSE is a single exchange, the high, low, close data for each stock would be the same no matter who is the vendor of the data. Unfortunately this isn't always the case and in particular when it comes to stocks that issue dividends, this is very much not the case.

Read more: Adjusted and Non-Adjusted Data

  • Written by Support

Category: Frequently Asked Questions

Anchored Support and Resistance

Traditional technical analysis addresses the concepts of support and resistance as lines and points on a chart. This is very misleading and problematic. The stock market is not nearly that well behaved.

A secondary problem is that the only measure of one support or resistance line being better than another is conditioned on the idea of how many times the line is "tested". This also is problematic and not very useful. How many times have you see a support line violated and price head back the other way? In most cases, the technician just redraws the trend line to include the previously violated one. Unfortunately, the market doesn't give you your money back had you placed your stops just under that trend line.

Read more: Anchored Support and Resistance

  • Written by Support

Category: Frequently Asked Questions

Chrome Pop-Up Blocker - How to enable for TA Today

Chrome, be default evidently, blocks pop-ups from all sites - including TA Today. TA Today pops up multiple charts when requested and other windows to show link content rather than replacing your current window content. Because TA Today is free of annoying advertisement there's no need to block our pop-ups. Here's how to enable TA Today while still blocking other sites.

Read more: Chrome Pop-Up Blocker - How to enable for TA Today

  • Written by Support

Category: Frequently Asked Questions

CAN SLIM

The CAN SLIM approach seeks companies with a proven record of quarterly and annual earnings and sales growth showing strong relative price strength and support from leading institutions. O’Neil does not mind paying rich premiums for stocks with good prospects. He feels that most strategies seeking stocks with low price-earnings are flawed because they ignore the price trend determining the price-earnings ratio, as well as the quality of the underlying earnings within the ratio. O’Neil believes that stocks generally sell for what they are worth and most stocks with low price-earnings ratios are probably priced correctly by the market. O’Neil also asserts that it is important to follow the market closely and try to lighten up your stock exposure when going into a bear market.

Read more: CAN SLIM

  • Written by Support

Category: Frequently Asked Questions

Cyclical Behavior of the Markets

Markets are cyclical in nature and, to some degree, they follow the same sort of buy/sell patterns across the four business maekt cycles. Here is view of those business cycles and how the various sectors perform during those cycles. Here is a graphical view of those cycles.

Read more: Cyclical Behavior of the Markets

  • Written by Support