All Entries Tagged With: "Trading Videos"
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?
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?
