Archive for March, 2010
Free Webinar Tuesday March 30
March 29, 2010 at 5:45 am
I wanted to be sure to post a quick announcement here that I’ll be presenting a Free Webinar on Tuesday (March 30th) with the folks from StockFinder, and I hope you can join us!
Targeting Trade Candidates with TheStockBandit
It’s scheduled to be a 45 minute webinar, the first 30 minutes of which I’ll be going through quite a few stocks of interest, pointing out to you what I’m seeing in the charts for both bullish and bearish candidates.
There will be 15 minutes of Q&A time at the end where you might want to bring forth your favorite stock and we can take a look at those too.
I certainly do not have all the answers, but it’s going to be a chance for me to convey what I’m seeing out there and hopefully not only teach you a few things, but also put many stocks on your radar which you might find interesting.
Oh, and the best part about it is that this event will be FREE, so be sure to register at this link for details (and access to the recorded version if you can’t attend live):
Chart Reading with TheStockBandit
Remember, free webinar this Tuesday night, 45 minutes of charting reading with you and me – I can’t wait!
Jeff White
President, The Stock Bandit, Inc.
Swing Trading & Day Trading Service
www.TheStockBandit.com
Video Review of the Indexes 3-28-2010
March 28, 2010 at 1:26 pm
We saw a rare rest to end last week, but the week was still a positive one due to the strength from Monday & Tuesday. Turns out these days, a flat day almost is a down day!It’s been a relentless run, no doubt, and it still isn’t over. We just made new 52-week highs on Thursday, and have only pulled back from those levels slightly. The uptrend from the March ’09 low is still intact, as is the shorter-term uptrend from the February lows.
Bears are getting blitzed on multiple timeframes, and the bulls are growing more content it seems by the day. Should make for a pretty good battle at some point, but the wait continues.
Before we move on, I want to let you know I’ll be doing a webinar on Tuesday night, and I hope you can join me for it! It’s free, will run 30 minutes (+ 15min Q&A), and I’ll be working through setups of individual stocks of interest. So bring a scratch pad and jot down some stocks to add to your watch list. To attend, you must register (even if you only want the recorded version and can’t attend live), so here’s the link to get all set up – see ya there!
As we head into a brand new week of trading, let’s examine some important levels in the indexes to keep an eye on in the days ahead. That will have the greatest influence on how individual stocks are going to move, so it’s where the trading week begins.
This clip was also posted over on the Trading Videos site (as always), and perhaps you’ve seen it there – but in case you didn’t, I wanted to put it here on the blog for you.
Let me highly suggest clicking the “HD” on the video player and then going full-screen for best quality.
Thanks for stopping by and I’ll see you here soon with more.
Until then… Trade Like a Bandit!
Jeff White
Are you following me on Twitter yet?
Video Review of the Indexes 3-21-2010
March 21, 2010 at 7:59 pm
Serious rally of late, huh? It’s been nonstop, but I think something under the radar has been driving the action – not the usual greed of the bulls that you might initially think of.
In this video, I’ll lay out what I think that driving force is, how I think it’ll impact the price action going forward, and of course some spots to watch (whether we see a rally or a selloff this week).
As we head into a brand new week of trading, let’s examine some important levels in the indexes to keep an eye on in the days ahead. That will have the greatest influence on how individual stocks are going to move, so it’s where the trading week begins.
This clip was also posted over on the Trading Videos site (as always), and perhaps you’ve seen it there – but in case you didn’t, I wanted to put it here on the blog for you.
Let me highly suggest clicking the “HD” on the video player and then going full-screen for best quality.
Thanks for stopping by and I’ll see you here soon with more.
Until then… Trade Like a Bandit!
Jeff White
Are you following me on Twitter yet?
Video Review of the Indexes 3-14-2010
March 14, 2010 at 1:19 pm
Lately, it’s been shocking to see a down day. The indexes seem to go up daily – even if not by large amounts, they’re green. It’s as if they’re green enough to remind everyone that the bulls are getting their way.
Not only are the buyers propelling stocks higher, but so are the bears who keep needing to cover their shorts – both on strength (to avoid pain) and on any weakness (in order to book quick profits and get back out while they can). Clearly, it’s been one impressive run.
At this point, the biggest question is when will we see a dip or a rest? After all, either one will be a welcomed sight for traders, simply because chasing extended moves is among the toughest things to do for those of us with shortened timeframes. Well, it will happen, so patience is the key right now while we wait for one to arrive.
As we head into a brand new week of trading, let’s examine some important levels in the indexes to keep an eye on in the days ahead. That will have the greatest influence on how individual stocks are going to move, so it’s where the trading week begins.
This clip was also posted over on the Trading Videos site (as always), and perhaps you’ve seen it there – but in case you didn’t, I wanted to put it here on the blog for you.
Let me highly suggest clicking the “HD” on the video player and then going full-screen for best quality.
Thanks for stopping by and I’ll see you here soon with more.
Until then… Trade Like a Bandit!
Jeff White
Are you following me on Twitter yet?
Video Review of the Indexes 3-7-2010
March 7, 2010 at 4:17 pm
The major averages tacked on more gains last week as they cleared the February highs and kept on cruising. The NAZ made its way to a new 52-week high, although the senior indexes have not yet followed.
The recent climb from the February lows has been a persistent one, but volume has been notably absent. While last week we did see some improvement, there still remains a lack of institutional participation (as represented by heavy volume), which points to this rally being one that may largely be fueled by short covering. Nonetheless, price has continued bouncing from the recent lows, and that certainly deserves our respect. The only question at this point is whether the NAZ is creating a bull trap with this breakout, or if instead the S&P 500 and DJIA will follow along. We should know soon enough.
As we head into a brand new week of trading, let’s examine some important levels in the indexes to keep an eye on in the days ahead. That will have the greatest influence on how individual stocks are going to move, so it’s where the trading week begins.
This clip was also posted over on the Trading Videos site (as always), and perhaps you’ve seen it there – but in case you didn’t, I wanted to put it here on the blog for you.
Let me highly suggest clicking the “HD” on the video player and then going full-screen for best quality.
Thanks for stopping by and I’ll see you here soon with more.
Until then… Trade Like a Bandit!
Jeff White
Are you following me on Twitter yet?
