Battle in The Wild
This is cool
This is cool
Stock market video technical analysis and for Thursday July 26, 2007 including; Nasdaq 100 Trust Shares (NASDAQ:QQQQ), S&P 500 Index (AMEX:SPY), Semiconductor HOLDRs (AMEX:SMH), iShares Russell 2000 Index (ETF) (Public, NYSE:IWM), Trend analysis for daytraders and swingtraders of stocks and options. Trading stocks involves risk; this information should not be viewed as trading recommendations.
Where are THEY? I cannont remember ever seeing the Advance/Decline looking so poor 230 UP & 3104 DOWN!
ONLY PRICE PAYS!! Obey the trend! I have found that the comments below the posts are a big distraction to my trading. What I have decided to do for now is to continue to publish comments (as long as they are not written with malice) but I will not be responding to them.
The strength in AAPL is impressive for sure, but one stock cannot carry the market. Yesterday I warned that there were mixed signals in the market and that the proper course of action was to take it easy until the picture became clearer. For the Qs that means trading back above the neckline near 49.70. … Read More
is the stock on WALLSTRIP The stock has broken its series of higher highs and higher lows and I would not consider purchasing the stock now.
Stock market video technical analysis and for Wednesday July 25, 2007 including; Nasdaq 100 Trust Shares (NASDAQ:QQQQ), S&P 500 Index (AMEX:SPY), Semiconductor HOLDRs (AMEX:SMH), iShares Russell 2000 Index (ETF) (Public, NYSE:IWM), Trend analysis for daytraders and swingtraders of stocks and options. Trading stocks involves risk; this information should not be viewed as trading recommendations.
Seems to be acting as resistance on the Qs and the market is also back below the daily VWAP. I think a bounce should have materialized by now if it was going to happen. There really are no clear signs, for most participants I think the best position is cash. I am long some QID … Read More
Keep in mind that there are still many mixed signals from various timeframes which tells me there is uncertainty in the market and that traders need to be very defensive. The advance/decline stinks today, the 5 dma is still declining, there is still potential for resistance near 4960-4970, etc.