Monthly Archives: November 2010

Volatility Squeeze in Whole Foods Market Inc. (WFMI)

Posted on November 30, 2010 by devtrade

Whole Foods Market Inc. (WFMI) reported better-than-expected earnings on Nov 03, 2010, and raised its full-year guidance. The stock gapped up almost 10% next morning and then rallied to an intra-day high of 48.02 (which is also WFMI’s 52-week high). Since then, the … Continue reading →

Posted in Individual Stock Chartology | Leave a comment

Short Term Support for the Broader Market?

Posted on November 21, 2010 by devtrade

The daily chart (source: TradeMonster platform) of SPX (S&P 500 Index) shows that the market correction over the last couple of weeks found some near-term support (in the 1175 area). However there is heavy resistance in the 1220-1230 region and … Continue reading →

Posted in Broader Market Analysis | 4 Comments