Carla Pasternak's Premiere Issue of High-Yield International Just Released!
Don't miss out on the most generous yields in a generation -- we're talking about stocks yielding as much as 21.1%. Income expert Carla Pasternak's debut issue of High-Yield International covers a Taiwanese manufacturer yielding 11%... a rare Mexican monopoly yielding 12.7%... and other top-performing investments yielding up to 21.1%. Carla Made the Leap Abroad, Find Out Why Should Too!

Just One Stock Every Month is All You'll Ever Need
Buffett recently claimed that diversification doesn't make much sense. This sort of thinking is why we've recently taken this "Keep it Simple" approach. Just one pick per month. In fact, expert analyst Amy Calistri has already put this technique to the test. She is up +22% in this bear market.
Click here to get her latest pick now.




Government's Biofuel Timetable Could Spell +15,900% Growth

+15,900% growth might seem far-fetched... but it's not. In fact, it is mandated by law. And I've identified the ONLY stock positioned to capture this growth. Visit this link to watch the video and learn more.
 


Get the Monthly Payments You Need With This 9.5%-Yielder
During the market turmoil of the past year, this stock has been our haven. Through thick and thin it has never failed to pay us the same juicy dividend every month. (Currently it yields a nice 9.5%.) Also, while the market seesawed, this stock held steady. Over the last year it's outperformed the S&P 500 by more than +43%! So if you're looking to beat the market, and secure a reliable monthly income stream, then you need to take a look at this stock. Go here to get the details.

Seven “Yield Doubler” Stocks That Are Clobbering The Dow
Just 12 trading days before the market hit its 6,500-point low this year, the “Yield Doublers” portfolio was born. That was 4 months ago. The Dow has rebounded +12% since then -- but our seven “Yield Doublers” have clobbered that figure by a factor of up to 9-to-1… delivering up to +144.2% gains to boot! Go here to see why you should add these “Yield Doublers” to your portfolio today. Go here to see why you should add these “Yield Doublers” to your portfolio today.

Find Out Which of the Rarest Securities on Earth Carries An Average 17.2% Dividend Yield
Knock-out returns are available from a rare security that combines stocks and bonds. Grow $10,000 into $35,598 -- or even $25,000 into $88,994! There are only eight of these securities in the world. Learn more by clicking here!


Dividend Opportunities logo

Lock in Dividend Yields of
10%, 15%... even 20% or More
---  FREE Newsletter  ---

 
This FREE weekly newsletter is packed with a steady stream of high-yielding income stocks and funds -- from 12.2% yields in Brazil... to 21.4% yields in Taiwan... to 25.2% yields in Eastern Europe!

 

Enter Your Email

   
 
Login

Subscribe   My Account  

Login
Username:
Password:
Remember Me
Login securely
 
Important Updates for Investors

Carla Pasternak's Premiere Issue of High-Yield International Just Released
Income expert Carla Pasternak's debut issue of High-Yield International covers a Taiwanese manufacturer yielding 9.5%... a rare Mexican monopoly yielding 13.4%... and other top-performing investments yielding up to 19.0%.
 

Government's Biofuel Timetable Could Spell +15,900% Growth
+15,900% growth might seem far-fetched... but it's not. In fact, it is mandated by law. And I've identified the ONLY stock positioned to capture this growth.

The Silver Lining to a Falling Dollar
Despite the U.S. national debt, there is a silver lining for income investors. This massive spending, combined with movement out of U.S. Treasuries, is going to take its toll on the dollar, and international income investors could reap the rewards in the form of higher dividends.



Skip to a different definition:

A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - X - Y - Z


Spinning Top and High Wave Candles

CANDLES THAT EXPRESS DOUBT AND CONFUSION

In a recent educational lesson we explored the "marubozu" candle. The marubozu, as you may remember, is a long candlestick that lacks either an upper or lower shadow (and in some cases has no shadows at all).

Here is an interesting question -- which candle is most opposite of the marubozu? Since the marubozu can be either white or black, the correct answer here cannot be another marubozu candle. Instead, in my mind, opposite candles include both spinning tops and high waves. I've provided you with an illustration of both of these candles below.

Why should these candles be considered opposites relative to the marubozu? Well, when a marubozu candle occurs, it shows a great deal of conviction on the part of the market. A black marubozu portrays a very weak market in which the sellers are eager to exit and willing to get out of their positions at almost any price. Meanwhile, a white marubozu portrays the opposite situation, where buyers are willing to pay higher and higher prices to enter the stock.

By contrast, spinning tops and high wave candles denote situations where the market is having difficulty coming to a consensus on a security's value. They portray a market in which uncertainty and indecision prevail. Neither the buyers nor the sellers have a clear sense of which direction the market will head. The forces of supply and demand are equally balanced.

What is the difference between the spinning top and the high wave? In the spinning top, the shadows are relatively small and the candle has a very small range. When combined with low volume, traders may be expressing disinterest.

A high wave candle, on the other hand, portrays a situation where there is an active tug of war between the bulls and the bears. This candle shows a market that has lost a clear sense of direction. If it occurs on high volume, then it indicates the market's general confusion about the direction prices are headed.

Below is a chart of Barrick Gold (ABX). The last several days of trading show a spinning top immediately followed by a high wave candle. Volume on both days was moderate. What the two candles indicate to me is uncertainty on the part of traders as to which direction Barrick is headed next.

Along with many other gold stocks, ABX recently broke down from an Intermediate topping formation when it fell below $21. Since old support often becomes new resistance, the stock has since encountered selling pressure near $21. On the other hand, ABX also had strong support at $19 going back to a November consolidation. On the day of the high wave candle, in one volatile day ABX came close to testing both support and resistance!

Are the bulls or bears correct? Despite the choppy market, stochastics is on a buy signal. The trend-following MACD indicator is also about to give a buy signal on the daily chart. On the weekly chart (not shown here), MACD is still falling hard. What that suggests to me is that ABX may experience a countertrend rally, but one that may not carry very far.

As the old cliché goes -- "when in doubt, stay out." The spinning top and high wave candles express doubt and confusion on the part of the market when it comes to ABX. Until the situation is clear, swing traders should focus on stocks marked by less confusion.


 

Who Cares What the Market is Doing When You're Pulling in $28,900 a Year in Dividends?
With the safe, growing, high-yield picks that Editor Carla Pasternak recommends every month you don't have to worry whether or not the market has bottomed. You can sit back and collect annual dividend paychecks of $16,300, $19,900 or even $28,900! You can't go wrong looking into Carla's recommendations. A year from now, when you've collected as much as $28,900 from dividends alone you'll be glad you did. Take the first step and, read this report now.


Seven "Yield Doubler" Stocks That Are Clobbering The Dow
Just 12 trading days before the market hit its 6,500-point low this year, the "Yield Doublers" portfolio was born. That was almost 4 months ago. The Dow has rebounded +12% since then -- but our seven "Yield Doublers" have clobbered that figure by a factor of up to 9-to-1... delivering up to +144.2% gains to boot! Go here to see why you should add these "Yield Doublers" to your portfolio today.



We're Putting $50,000 on the Line in Our NEW Stock of the Month Portfolio
We're SO confident in this strategy that we're putting our money where our mouth is... $50,000 worth of it in fact! That's how much we've put into a brokerage account to fund the real-money portfolio for StreetAuthority Stock of the Month. Amy Calistri just made her first purchase, and it's not too late for you to join in and follow along with everything she does. Don't be left on the sidelines, click here to learn more now.


Two Infrastructure Stocks That Are Profiting From Massive Government Spending
Since the stimulus package was signed into law on February 17th, these two infrastructure picks have moved up quickly. One's a worldwide construction company that's already gained +32% to date. The other makes critical copper, aluminum and fiber optic cables... and shot up +41% in a matter of just weeks. Both are headed higher. You’ll find their names in this special report.




6 Free Months of Bernie Schaeffer's Option Advisor
Learn the secrets of successful options trading from top trader, Bernie Schaeffer. Start your free 6-month subscription to The Option Advisor newsletter now and get free online access to Bernie's Crash Course in Top Gun Trading Techniques.

3 Penny Stocks Poised to Soar 300%
By the time Wall Street notices the 3 picks revealed in this report, you could be sitting on a fortune.  Click here to get immediate access to an exclusive Free report -- "3 Underground Penny Stocks Poised to Soar."

 

Investor's Business Daily (IBD)
Get 10 Free Issues of Investor's Business Daily (IBD) – Plus 2 Free Weeks of Investors.com

52 Wins in 52 Weeks - 365 Days Without A Loss
Success Trading Group scored 52 wins in 52 weeks! Get their weekend newsletters free and register for Success Trading Group's next stock picks free for 30 days!

 





Google
 
Web StreetAuthority.com


About StreetAuthority    Email Newsletters    My Subscriptions    Manage My Account    Job Opportunities
Contact Us    Affiliates    Disclaimer    Help    Site Map

© Copyright 2001-2009 StreetAuthority, LLC  All Rights Reserved