John Gray

John Gray grew up with Point & Figure analysis. Learning from his father, Lee, who was A W Cohen’s business partner for more than 20 years, he has charted stocks and commodities for almost 45 years. After attending Bennington College and Aarhus University in Denmark, John began working full time at Chartcraft in 1979, apprenticing under AW Cohen to refine his technique from the originator of the Chartcraft method. Since AW Cohen’s death in the early 1980s, John has worked side by side with Michael Burke.

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Sideways, but Accumulation Rises

Last week saw buying climaxes at 41 with selling climaxes at 46. Fairly subdued levels as the range-bound action on the indices continues. Buying climaxes were greatest among Health Care (4), Banks (3), Media (3), Biomedics (2), Buildings (2), Retailing (2),...
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3M (MMM)

3M Company operates as a diversified technology company worldwide. Its Industrial segment offers tapes; coated, nonwoven, and bonded abrasives; adhesives; ceramics; sealants; specialty materials; filtration products; closure systems for personal hygiene products; acoustic systems; automotive components; abrasion-resistant films; structural adhesives and paint finishing detailing...
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Market View

The market uptrend holds but the current rally is showing some signs of maturing, with nearly all averages holding at just-achieved record highs. Indicator charts remain bullish but also show movement to their prior overbought top levels. That points to increased risk. While conditions...
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Winnebago Industries (WGO)

You’ll receive your new Investment Digest issue later this afternoon, but first we have a quick technical buy idea to pass on from Investors Intelligence. The company is a major U.S. manufacturer of recreational vehicles. Winnebago Industries (WGO) from Investors Intelligence BUY IDEA: Winnebago Industries (WGO) looks to resuming...
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Ligand Pharmaceuticals (LGND)

Today’s buy is Ligand Pharmaceuticals (LGND), a biotech firm that develops small-molecule drugs and recombinant DNA proteins. As John Gray shows below, LGND is very close to breaking through a resistance level that would indicate the stock is reasserting its uptrend. As always, you can www.investorsintelligence.com...
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Oxford Industries (OXM)

Today’s recommendation is an apparel company that designs and distributes apparel under brands including Tommy Bahama, Lilly Pulitzer and Ben Sherman. The stock has good short-term momentum that should appeal to growth investors. Oxford Industries (OXM) from Investors Intelligence Oxford Industries (OXM) is resuming the uptrends the...
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Albemarle Corp. (ALB)

In today’s Daily Alert Investors Intelligence Editor John Gray recommends a specialty chemical company with a very strong relative strength chart, and Tyler Laundon decides to take profits on a recent recommendation. “Mid-Cap Buy Idea: Albemarle Corp. (ALB, NYSE) rallied to its best level in almost years yesterday...
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Cree, Inc. (CREE)

April 24 Investment Digest Daily Alert You’ll receive your new Investment Digest issue this afternoon. First, here’s one more timely recommendation from Investors Intelligence Editor John Gray. “BUYING: Cree, Inc. (CREE) is reasserting its price and relative uptrends. Momentum is in an excellent position as turns......
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Veeco Instruments, Inc. (VECO)

In today’s Daily Alert, Investors Intelligence Editor John Gray recommends a company that makes equipment used in high-tech manufacturing of things like LEDs, hard-disk drives and photovoltaics. For information on how to read the point and figure chart supporting the recommendation, visit the Intelligence...
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