FOX Translator
No data currently available.
No data currently available.
SYMBOL
TITLE
Sounds kind of dirty, right? Actually, it's because of a clean visual that technical analysts use this term. Technical analysts like charts (hence their nickname of "chartists"), and they like to give certain patterns they see neat little names.
Such is the case with the double bottom, which looks on a chart like, well, a double bottom. Think of three mountains (on a chart reflecting a rise in values) separated by two valleys (representing dips in value). The troughs of the valleys, and the size of the first two peaks, are generally the same, so the chart looks like the letter 'W.' The appearance of those two valleys represents a double bottom.
So what? Well, if you're one of those folks who believes in the power of the charts, seeing a double bottom suggests a long-term trend is about to reverse. So, if a stock chart shows shares falling for several months, then seeing a double bottom, chances are good (according to the chartists) that the shares will rise. And vice versa.
But, beware: charts can be a great tool, but they're more art than science. Use any charts with caution.
Tom Sullivan
- Personalities
- Alexis Glick
- Neil Cavuto
- David Asman
- Cheryl Casone
- Dagen McDowell
- Liz Claman
- Adam Shapiro
- Ashley Webster
- Charles Payne
- Cody Willard
- Connell McShane
- Dave Ramsey
- Elizabeth MacDonald
- Eric Bolling
- Jeff Flock
- Jenna Lee
- Nicole Petallides
- Peter Barnes
- Rebecca Gomez
- Rich Edson
- Robert Gray
- Sandra Smith
- Shibani Joshi
- Stuart Varney
- Tom Sullivan
- Tracy Byrnes
- On Air
Tom Sullivan
Tom Sullivan joined the FOX Business Network in October 2007 as an anchor.
Sullivan currently hosts a daily three-hour radio show, The Tom Sullivan Show heard on 1530 KFBK (ABC) in Sacramento, California, which has consistently ranked number one in its time slot since July 1998. He will continue to host his radio show from New York City.
In addition to his radio responsibilities, Sullivan was previously an anchor and reporter covering financial news for KCRA-TV (NBC) in Sacramento.
Sullivan began his career at KFBK radio in 1980 and at KCRA-TV in 1982. He also has more than a decade of experience in financial services, serving as a founding partner of The Sullivan Group, an investment management firm that is now part of the Premier Client Group of Wachovia Securities.
Nominated by Radio & Records for News/Talk Personality of the Year in 2002, Sullivan holds degrees in business and accounting. He attended Seattle University, the University of Washington, and the Stanford University Graduate School of Business Executive Program.
Market Snapshot
| Symbol | Last Price | Netchange | Volume |
|---|---|---|---|
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
