All Entries Tagged With: "DJIA"
Video Review of the Indexes 8-15-2010
August 15, 2010 at 1:21 pm
The first serious pullback in over 6 weeks arrived last week as the major averages came under pressure. Rising trend lines were broken, and cash was raised in light of renewed market concerns.
Short-term uptrends have now been broken, but that doesn’t mean the recovery is necessarily over for this market. The July lows are posing as intermediate-term lows, and if those zones are able to hold, the buyers will be able to breathe a sigh of relief.
As we head into a brand new week of trading, let’s examine some important levels 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 suggest going full-screen for best quality in the video.
Trade Like a Bandit!
Jeff White
Producer of The Bandit Broadcast
Are you following me on Twitter yet?
Video Review of the Indexes 8-8-2010
August 8, 2010 at 12:58 pm
Last week proved to be another healthy one for the bulls. Quite a bit more happened than it appeared on the surface, as the indexes moved higher, tested uptrend lines successfully, and based quietly beneath key resistance zones. The coming week may be pivotal for this new uptrend, as we’ll face an FOMC day on Wednesday, as well as the fact the bulls have an opportunity to push through key levels in the NAZ and S&P 500.
As we head into a brand new week of trading, let’s examine some important levels 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.
Trade Like a Bandit!
Jeff White
Producer of The Bandit Broadcast
Are you following me on Twitter yet?
Video Review of the Indexes 8-1-2010
August 1, 2010 at 11:25 am
A short-term peak was marked last week with Tuesday’s gap higher, and as per my tweet, it invited some profit-taking. That sparked a pullback into Friday’s lows, where dip-buyers closed the opening gap.
That begs the question of whether the dip has been completed, and more importantly, is this market poised for another push higher? Well, as you might expect, I’ll cover that in the video.
As we head into a brand new week of trading, let’s examine some important levels 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.
Trade Like a Bandit!
Jeff White
Swing Trading & Day Trading Service
www.TheStockBandit.com
Are you following me on Twitter yet?
Video Review of the Indexes 7-25-2010
July 25, 2010 at 11:32 am
Last week was potentially big for the bulls, not only in the short-term, but for the big picture as well.
We saw something happen which hasn’t happened since April – a dip was bought! After a nice rally from the July 1st low, a pullback had set in. But given the magnitude of that rally, there was a fair chance a higher low could be established on the dip…and it was.
The bulls now have an excellent opportunity to build on, but the key will be follow through and resolve on their part. They’ve struggled this year, but there’s lots of time left for stocks to recover.
As we head into a brand new week of trading, let’s examine some important levels 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.
Trade Like a Bandit!
Jeff White
Swing Trading & Day Trading Service
www.TheStockBandit.com
Are you following me on Twitter yet?
Video Review of the Indexes 7-11-2010
July 11, 2010 at 12:48 pm
The buyers went 4-for-4 last week with the major averages recovering what had been lost in the previous week of relentless selling. And for a holiday-shortened trading week, the action was quite good from start to finish.
Traders should be returning to their desks this week, and just in time for the start of earnings season and options expiration. Needless to say, we’re going to need our best, so it’s time to prepare once again for whatever the market brings our way.
As we head into a brand new week of trading, let’s examine some important levels 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.
Trade Like a Bandit!
Jeff White
Swing Trading & Day Trading Service
www.TheStockBandit.com
Are you following me on Twitter yet?
Video Review of the Indexes 7-5-2010
July 5, 2010 at 4:33 pm
The bears pitched a shutout last week, going 5-for-5 as the market continued its slide. New correction lows were reached in each of the major averages, reminding us all of the struggle this market is having to stabilize.
Support zones have been broken, and trends remain down, but with deeply oversold conditions having emerged, a bounce is becoming something to be on the lookout for. When it arrives and how long it will last are unknowns right now, but suffice it to say the easy money has quite likely already been made on the short side for this particular wave of the decline.
As we head into a brand new week of trading, let’s examine some important levels 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.
Trade Like a Bandit!
Jeff White
Swing Trading & Day Trading Service
Are you following me on Twitter yet?
Video Review of the Indexes 6-20-2010
June 20, 2010 at 12:03 pm
The major averages finally put in a few days of rest last week after some lively action on Monday and Tuesday, holding onto some nice recent gains.
Key resistance zones have for the most part been cleared (with the RUT being the exception), and currently are serving as short-term support. Even if we see those levels given up in the days ahead on a dip, it wouldn’t be such a bad thing. That’s based on the potential for a higher low to form on the next pullback, so as always, it’ll be the character of the next dip that will hold valuable information for us.
As we head into a brand new week of trading, let’s examine some important levels 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?
