Welcome ARCHIVE Morning Update Chat Room Charting FAQ's
NEWSLETTER & Oscillator Programs
Hello out there stock fans. A second strong day for stocks today was fantastic until the last few
hours of the day when a barrage of selling swept through the market taking all stocks down
hard. Stocks that were up $4 to $10 each saws gains vaporize in just two hours time. When the
going gets easy sellers swam in to capture the easy gains and next time you will too.
Let's get to the charts of the leading averages, which still look good.
Before I get to the charts below I would like to remind everyone that due to my seminar this Saturday in NYC,
I will not have a letter this Sunday night. I will see you back here on Monday night.
Solar stocks were strong once again today and market leader Canadian Solar (CSIQ), which was a recent
selection here at the $30 area was on the move again today on volume that was about 80% of its total
outstanding oat. Earnings two days ago were .65 per share for the quarter with revenues up 879% to $171.2
million. These numbers are similar to what First Solar (FSLR) has posted recently.
The price of oil may have topped this week or so this next chart suggests. This could mean that oil stocks of
all types might not be the stocks to own right now.
See you in the chat room tomorrow and back here on Monday night.
Daniel J. Zanger
http://www.chartpattern.com
Copyright © 2021 Daniel J. Zanger
All rights reserved. Do not duplicate or redistribute in any form.
CHARTPATTERN.COMTM - Technical stock analyst and World Record Holder Dan ZangerTM shares
pro table strategies for trading the stock market in the The Zanger ReportTM. The Zanger ReportTM is
a nightly newsletter that features breakouts, swing trading, breakout trading, technical stock chart
analysis, stock tips, market research, hot stocks, and commented charts with highlighted
chartpatterns. Dan ZangerTM shares additional real time strategy plays daily in his large chatroom.
