August 2007 – Page 2

Inverted Head & Shoulders Pattern Developing?

August 29, 2007 9:11 AM alphatrends Articles, Education, General Blogs

The market is in a downtrend. It should be considered “guilty until proven innocent”. But our analysis cannot be closed to the potential of a turnaround. Looking at the market one sidedly catches most people off guard because they do not see the potential for … Read More

Checkpoint Systems Inc (CKP

August 29, 2007 8:54 AM alphatrends Articles, Education, General Blogs

is the stock on WALLSTRIP this morning. Where does Lindsay hide all that merchandise? Here’s what I think of the stock

Volume Weighted Average Price (VWAP)

August 28, 2007December 28, 2019 8:55 PM alphatrends About VWAP, Articles, Education, General Blogs, VWAP

The chart below is some information requested from “RP”, he asked for the VWAP from today and this week. I also added the VWAP from August 16 through today and then August 17 through today. What this chart reveals is that from the large volume … Read More

Stock Market Psychology

August 28, 2007 8:28 PM alphatrends Articles, Stock Market Analysis

In response to “techtrader” in the comments below the video, here is a chart of the cycles of psychology overlaid on the chart. These cycles are like all market cycles in that they are fractal, they can be experienced on all timeframes. This is one … Read More

Video Stock Market Technical Analysis 8/28/07

August 28, 2007 4:21 PM alphatrends Articles, Stock Market Analysis

We got our answer to the question I posed yesterday about what the sideways action on the 10 minute timeframes meant. I pointed out that the declining 50 day MA meant we had to be prepared to exit any longs quickly and hopefully you were … Read More

Goodbye Apple, Hello Dell

August 28, 2007 7:43 AM alphatrends Articles, Education, General Blogs

Lindsay says that WALLSTRIP sold out by switching to a Dell laptop. CBS struck a deal with Dell to sponsor the show and I’ll bet it wasn’t cheap. I would have done the same thing, except I don’t use an Apple, so if … Read More

Video Stock Market Trading Review 8/27/07

August 27, 2007 4:30 PM alphatrends Articles, Stock Market Analysis

Markets were lower today with declining stocks outnumbering advancing stocks by a margin of 2:1 for most of the day. Is this sideways action distribution (on the 10 minute timeframe) that will lead to a renewed leg lower? Or is the market digesting recent gains … Read More

Costco Wholesale (COST)

August 27, 2007 8:49 AM alphatrends Articles, Education, General Blogs

is the stock on WALLSTRIP this morning. Could the stock be headed for the 69-70 level? An inverted head and shoulder pattern pointed out in the video below would indicate so.

Video Stock Market Technical Analysis Review 8/24/07

August 24, 2007 9:43 PM alphatrends Articles, Stock Market Analysis

Countrywide Financial (CFC)

August 24, 2007 8:27 AM alphatrends Articles, Education, General Blogs

Did you buy the “good news” yesterday? If you did you are most likely losing money and you are not alone. 150 million shares changed hands after the Bank of America announcement, some as high as 26.50! The huge volume and the fact that the … Read More

Month: August 2007