Tolik Hammer

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  • Is this Market Top?

    By Tolik Hammer - February 8, 2013 | Tickers: AMZN, AAPL, KO, GOOG

    Famed trader William O'Neil profiled in Jack Schwager's "Market Wizards" series of books shares the following indicators to identify a market top:

    1. Average moves to a new high, but on a low volume

    2. Volume surges for several days, but there is no progress on price

    3. Leading stocks break down

    4. Fed raises rates 2 or 3 times in a row

    5. Advance decline line flails more »