Posts Tagged ‘JCG’

• Will Bearish Patterns Resolve Bullish Again?
  Posted by Leigh Drogen on January 20th, 2010 at 11:18 am, Comments: 0

  The weekly charts look solid to the long side as I remarked in my weekend note.  But I’m seeing bearish patterns all over the place now on the dailies.  Some great trends in retail are busted, namely $URBN $TUP and $JCG, they are all rolling over and look awful.  Materials look ugly as I’m having [...]

• Turn Those Machines Back On!
  Posted by Leigh Drogen on January 14th, 2010 at 12:23 am, Comments: 0

  Get those brokers back in here! I do trade commodities, but I’m sure as hell not an expert when it comes to the fundamental aspects of certain commodities markets.  Take for instance, the grains.  Would someone please explain to me WTF is going on, and why we just saw a massive dump over the past [...]

• Momentum Book Update
  Posted by Leigh Drogen on January 8th, 2010 at 7:07 pm, Comments: 0

  The momentum book under performed a little bit this week as I am heavily loaded in tech and not exposed enough to the materials sector.  Large cap tech is taking a rest here after its amazing run.  Are we topping out or consolidating for the next push?  I feel its the latter and not the [...]

• Weekend Reading
  Posted by Leigh Drogen on December 19th, 2009 at 9:07 pm, Comments: 0

  I ventured outside today for a total of about an hour, it’s brutally cold and nasty out.  I can’t remember the last time we saw a massive snow storm in NYC, the past few years have been crazy warm.  Believe me, I’m not complaining, I hate the snow unless I’m snowboarding.  For the retailers this is [...]

• We Go Lower
  Posted by Leigh Drogen on November 19th, 2009 at 7:40 pm, Comments: 0

  The market gave it up today, as I expected.  I’ve been warning you the past few days that the momentum had left the market and we were stalling out.  We were at the top of the channel range, it was either a break through on volume leading to a crazy melt up or we were [...]