No news is good news...

Merrill Lynch Nanotechnology index made a nice short term reversal candle but I still don't have anything new to report...


But still I found a good introductory article for anyone who wants to know what future advanced nanotechnology is all about, and how automated molecular manufacturing may make an exponential revolution:
Nanotech Today vs. Nanotech Tomorrow

I recommend the Responsible Nanotechnology Blog to anyone who is still asking himself what the hell is this nano thing... (and it can avoid doing too much hype about the future)

Or check the first posts from this blog:
What is nanotechnology?

And what is this nanotech index thing? Read Below:


Merrill Lynch Nanotech Index

Considering that this Blog will only invest on the nanotechnology industry, trying to benchmark the performance against the S&P 500, Dow or other index would not be entirely appropriate. Unless the nanotech company's performance keeps following the S&P we should not have a problem, but maybe we should use another, more useful benchmark for this Portfolio.

The Merrill Lynch Nanotech Index is composed of 25 companies. In each of these companies a significant portion of their future profits is tied to nanotechnology and because of that the "Big Boys" such as IBM, GE, 3M or Intel were excluded from this index.

We will keep tracking the performance of the Blog Portfolio against the performance of this index and the S&P 500. We'll be trading companies that probably are not listed on the Merrill Lynch's Index since there are many companies that profit from biotechnology and other types of nano materials that are not yet considered nanotechnology.

Here is a link to the 1 year chart of the nanotech index: Nanotech Index

Falling away...

The major indexes are finally making some needed retracing, putting an end to a 7 day winning streak, and cooling off those overbought indicators.

The Nanotech Index is doing some nice selloff days after that October rally. We should get back into the midterm uptrend after the S&P500 and NASDAQ get to a proper support:



I still believe that we can close above the 200 point line before the end of this year, and maybe the beginning of the end of the "Long term" Bear Market in the nano industry.

Want some advice from Warren Buffett, Richard Branson, Dick Parsons, George Steinbrenner and others?
Seems to be a good start for an interesting article in Money.com site:
Formulas for Success

Still nothing to report about nanotechnology news and breakthrough's, let's keep waiting...

Support, Resistance and a Golden Crossover

We finished the week with new highs on the major indexes, while the "official" nanotech index finished lower after testing the 200 point "ceiling".

This index is still on a short term uptrend but it still needs more buying power before it breaks the horizontal green line. If we get above that line in the next weeks we might be at the end of the Long term Bear on this index since April 2004.


We're very close to get a "Golden Crossover" that basically means the 50 day moving average crossing above the 200 day simple moving average. Since it's two of the most watched technical indicators it should attract some money into these stocks.

Nanovax is the heaviest stock in this index and should use the 3 Dollar mark as a support. It's a good company for a long term investment and try to avoid the speculative short term movements with their low volume.


Try to lookout for big players such 3M (MMM-NYSE), IBM (IBM-NYSE) and Intel(INTC-NASDAQ), with important R&D departments in nanotechnology, while investing in smaller caps that work mainly in the nanotech or biotech field.

I haven't found any interesting articles lately, but if you have found anything interesting, write it in the comments!

200 point ceiling

The Nanotech Index is just below the 200 point ceiling, or resistance.

We should have some interesting stocks in the index and if we break into new highs we could have a speculative push in some nanotech related stocks. Remember we are still in a long term Bear on this index...


I've been browsing around and found a funny but informative blog entry in the NanoBlog on nanotechnology.com

More Updates soon!

Weekend reading

Major Indexes are up, and so Merrill Lynch's Nanotech Index, although some points away from this year's highs.

Remember the 200 point psychological resistance because if we break that line in a strong upward movement we might see some major speculation on some nanostocks. Just remember to be already in some of these stocks, and avoid speculating, because the gains on these penny stocks are in the next months/years and not days.

Very interesting articles this week:

A new study is available in the nano.gov site:
Nanotechnology: Societal Implications-Maximizing Benefits for Humanity

Now this is an important breakthrough for the future of nano "machines", for designing and testing them, at Los Alamos Nacional Laboratory:
Largest computational biology simulation mimics life's most essential nanomachine

The ribosome is a living factory, the essential element within cells that creates proteins by decoding each protein type's specific recipe that is stored within messenger RNA. Ribosomes are a fundamental model for future nano-machines, producing the protein building blocks of all living tissue. Credit: Los Alamos National Laboratory

Continue reading

And if you still want to read more about the subject, with top quality articles and scientific papers, you should always check SCIAM's Nanotechnology channel.

Nanotech Updates

The Merrill Lynch Nanotech Index is looking very good in technical terms.
This recent uptrend is testing the 195 point resistance, but even if it breaks it we still have to break that 200 point barrier.


NVAX and FLML look like their turning around to an uptrend again.
ACCL is doing new highs but with constant volume.
Remember that I always look to these smallcaps for longterm gains and not short term trades.

3M is doing a good bullish rally but it still needs to pass that $28 resistance line. For the long term this stock is looking better now that it is above the 200 day moving average:


Remember that 3M is one of the biggest companies doing research on nanotechnology.


Some nanotech market related news:

3M MAKES A $40 MILLION SHANGHAI BET

NANOSYS RAISES $40 MILLION FINANCING

Scientific related news:
Microscope tracks proteins with atomic precision

A Nanotech Cure for Cancer?

Check the latest article from wired news:
A Nanotech Cure for Cancer?

I've been recently occupied with other things in real life but hope to do some decent updates soon on this blog. Keep coming!