All Entries in the "Trading Videos" Category
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?
Video Review of the Indexes 2-21-2010
February 21, 2010 at 1:22 pm
With only 4 days of trading last week after the Monday holiday, the bulls had to make it count – and they did. They went undefeated on the week with across-the-board gains each day, reclaiming some important levels in the process. But with light volume on the way up, the rally is not without its faults.
Add to the mix the fact that the market has become somewhat short-term stretched to the upside, and the conditions are ripening for at least a short-term pullback. As with any market move, anticipation must be met with confirmation, and as of yet we don’t have that. Nonetheless, it’s a good time to exercise some added caution on the long side as the temptation to book profits becomes more powerful for the bulls in the coming days.
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 2-7-2010
February 7, 2010 at 1:30 pm
Last week proved to be an eventful one, although you wouldn’t know it from the net changes in the indexes from the prior week. What started out as a relief rally quickly turned into another nightmare selloff for the bulls, before a late surge Friday erased much of the damage. In the end, the market lost more ground and the correction continued.
Bounces are still getting sold, and that’s a reminder that the character of the market has changed in a big way over the past few weeks. The January highs now tower high above current prices, and we still have yet to see a meaningful bounce take place since the downside turn began. At some point it will arrive, but until then there’s still plenty of reason for caution in the current environment.
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 1-31-2010
January 31, 2010 at 6:06 pm
Following an initial pullback from the January highs, no bounce was produced last week with the dip-buyers failing to appear. The group which has been so responsible for upside follow through since the market turned higher in March of 2009 suddenly disappeared, and stocks have been declining steadily for a couple of weeks now.
Key levels from previous months have been proving to be short-term rest stops for the indexes on the way down, offering not only some orderly price action but also a reminder to us that key levels are worth keeping an eye on.
It’s hard to argue that an important change of character is underway for this market, and the depth of this initial selloff certainly raises the likelihood of a lower high being created once a bounce kicks in. At some point, a bounce will arrive, but at the moment the short-term trend is down and that deserves our respect.
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 1-24-2010
January 24, 2010 at 5:49 pm
Last week we saw the market closed on Monday, making for a holiday-shortened week of trading. That certainly didn’t translate into quiet action, as traders made every day count.
Tuesday’s upside tested resistance, but without a breakout. From there, the sellers took control, raising cash more and more aggressively as the week progressed. In the end, steep selloffs made the difference with each of the indexes giving up short-term support zones with ease.
The downside reversal reminded the dip buyers who have been so persistent for 10 months that the market’s still able to move in both directions. Whether they learn their lesson this time or not remains to be seen, but it should bring continued volatility in the weeks ahead – and that’s a good thing for traders like you and me.
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 1-18-2010
January 18, 2010 at 1:13 pm
The bulls maintained their overall control last week, although they did allow the market to slip a little. The NAZ led the downside, but no key technical breaches occurred.
We haven’t seen a meaningful pullback in some time now, but if short-term support levels get broken, it could deliver some accelerated profit-taking. Lower highs and lower lows would have to develop before the longer-term uptrends would be disturbed, so even if we do see some downside it will be important to keep things in perspective.
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 1-10-2010
January 10, 2010 at 2:50 pm
The New Year is underway, and it has started just like 2009 ended – with strength.
Last week we saw the bulls get quickly into gear with a Monday morning gap to the upside, sending the major averages back to new recovery highs. Although the follow through for the remainder of the week was rather modest, it was produced, sending yet another reminder that the trend is up and the recovery rally is still very much intact.
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?
