http://www.rothefg.com Charting A Clear Course Through Uncertain Financial Times Mon, 23 Aug 2010 16:07:58 +0000 http://backend.userland.com/rss092 en Point and Figure Charts (PnF) help take out the daily "noise" of the stock market and allows us to see the great picture. The Dow is trying to reverse its summer downtrend and we may be starting to see investors come back to the market. http://www.rothefg.com/?p=647 According to Marketwatch.com's Mark Hulbert: "The stock market will get a major boost at the end of this week. That's when Congress' August recess begins, and it isn't scheduled to go back in session until after Labor Day" as "The stock market on average has performed much better when Congress ... http://www.rothefg.com/?p=639 Point and Figure charts provide a great way to "see" trends in the market.  Currently the market is trying to break out of the downward trend that has been in place for the past few months. Better than expected earnings and talk of the possible extension of  the Bush tax cuts ... http://www.rothefg.com/?p=633 While our current market pattern is not pretty, we have seen some strength come back into the market. Some of it is due to the markets being oversold, but some may be coming from the rumors that President Obama may be looking to extend some of the past administration's ... http://www.rothefg.com/?p=623 The markets look to be taking a turn to the upside. The "W" formation of the S&P 500 Index combined with the possible break above the 200 day moving average (see my past posts on "Line in the Sand" for why this is important) may lead us to higher markets ... http://www.rothefg.com/?p=606