Category: Stock Index Trading
The analysis published under this category are as follows.Tuesday, July 28, 2009
Stage Three of a Stocks Bear Market Rally, Panic Buying / Stock-Markets / Stock Index Trading
We’re on the verge of something big here.
What we’re on the verge of may surprise you.
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Monday, July 27, 2009
Stock Market Trend Rubber Band Effect / Stock-Markets / Stock Index Trading
General Commentary: - The system remains on a Neutral signal.
Things have changed somewhat this past week, while we were expecting a consolidation and possibly a short sharp pullback, the market went on to make new highs and even closed at the highest point so far this year.
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Monday, July 27, 2009
Unprecidented Stock Market Action Signaling... / Stock-Markets / Stock Index Trading
Unprecedented - The market's move is signaling something, here's what and how to profit.
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Sunday, July 26, 2009
Stock Market Breakout Move Underway...Eyeing 38-50% Retracement Levels / Stock-Markets / Stock Index Trading
All the major market indices that we track broke out in a big way this week through our important Neckline Pivots which now open the door for a move up to our 38 and 50% Retracement Levels. After breaking through the Neckline of an Inverse Head/Shoulder Pattern it's common to get some type of backtest move.
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Friday, July 24, 2009
IYJ Dow Jones IShares ETF Position Trading Update / Stock-Markets / Stock Index Trading
LONG-TERM TREND (> 1YR) OF THE MARKETS: DOWNRead full article... Read full article...
Tuesday, July 21, 2009
IYJ Trading Update and Dow Stocks Index Buy Signals / Stock-Markets / Stock Index Trading
LONG-TERM TREND (> 1YR) OF THE MARKETS: DOWN
INTERMEDIATE-TERM TREND (> 3 WKS, & <1 YR) OF THE MARKETS: UP
Monday, July 20, 2009
Stock Market Holy Short Covering, Batman! / Stock-Markets / Stock Index Trading
If I were to watch one piece of data from the Rydex asset data, it would be the leveraged bulls v. leveraged bears. Not only can we discern what way this small group of market timers is leaning (i.e., bull v. bear bet), but we can also get a glimpse of how much conviction (i.e., use of leverage) they have in their belief. Typically, we want to bet against these market timers.
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Monday, July 20, 2009
Stock Market Bears Beware / Stock-Markets / Stock Index Trading
At the risk of sounding a little crazy in knowing the fundamentals are indeed ‘that bad’, this is a cautionary note to those who are short stocks to expect volatility moving forward, but not the kind you are hoping for. And hey, the technicals in the markets are no hell either. In this regard, quite simply, there’s no buying power to legitimately send stocks higher on a lasting basis. To go along with this, the S&P 500 (SPX) is sporting a head and shoulders pattern measuring down to approximately 810. Again though; and in spite of this, if history is a good guide stocks will never get there within the present sequence.
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Sunday, July 19, 2009
Stock Market Rally, Topping Exhaustion Move? / Stock-Markets / Stock Index Trading
"In the short term, there is always hope for the bulls as prices on the S&P500 remain above the down sloping 40 week moving average and above the key support level at 876. In addition, personal research shows that prices will likely move higher in the week or two after the "Dumb Money" indicator has moved from extremely bullish zone (i.e., bear signal) to neutral as it did this past week. Into this this mini - lift would be the optimal time to sell (if you haven't done so already)."
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Sunday, July 19, 2009
SPX Stock Index Trading Positions Update For July / Stock-Markets / Stock Index Trading
On June 23 we suggested a full position in a July 980/990 SPX Call Spread for a net credit of $0.50 and a half position in a July 770/760 SPX Put Spread for a net credit of $0.40. If you entered this, the premium you received was $70 per $1,000 of capital utilized, i.e. 7.0% before commissions for 4 weeks in the position.
The official CBOE settlement price for the July SPX options was 940.03.
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Sunday, July 19, 2009
Stocks Heading towards a Major Top? / Stock-Markets / Stock Index Trading
The good news is: The OEX (S&P 100), OTC (NASADAQ composite) and NDX (NASDAQ 100) all closed at multi month highs on Friday.
Short Term - Last week we witnessed a blow off.
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Saturday, July 18, 2009
Stock Market Potential Breakaway Gap....Watching 956 Pivot..... / Stock-Markets / Stock Index Trading
When we look back a month or so from now, it is quite possible that we will be talking about what took place on July 15th. It was on that day when we saw a breakaway gap over the old 912 gap that seemed impossible to get back over while the bulls were fighting to simply hold the 875 neckline. We had been testing that nasty 875 level over and over. We held when suddenly, and out of nowhere, we gapped hard over 912 and just kept on running for the rest of that day.
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Friday, July 17, 2009
Is This a Stock Market Improvment Worth Noting? / Stock-Markets / Stock Index Trading
You know that we monitor and analyze the action of many indicators relative to health and strength of the stock market.
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Thursday, July 16, 2009
Explosive Stock Market Rally Puts Bearish Market Patterns In Doubt / Stock-Markets / Stock Index Trading
The explosive surge in risk appetite following the earnings blowout from Goldman and Intel is posing serious threat to the validity of the Head-&-shoulder formations in the S&P500 and the Dow30 at the 8.600 and 930 levels, supporting the case for protracted rebound in equities and overall risk appetite. But Thursday's bigger than expected decline (first sub-500K reading in 4-week moving average in 5 months) failed to prolong the rise in stocks and bond yields. Unexpected deterioration in the July Philly Fed index to -7.5 from Junes -2.2 and news of an imminent CIT bankruptcy are preventing the positive impact from Jobless claims and JP Morgan earnings.
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Wednesday, July 15, 2009
Important Dow Stock Market Index Update / Stock-Markets / Stock Index Trading
In today's short video I am going to be revisiting the Dow Jones Industrial index (DJI).
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Tuesday, July 14, 2009
The $64,000 Question, Can Stocks Go a Lot Higher Despite Negative Fundamentals? / Stock-Markets / Stock Index Trading
Some might be reminded of the Abbott and Costello routine of ‘Who’s On First’ with this line of thought, but this is not the intention. The intention behind this line of thinking is to explain why stocks can go higher from here despite negative fundamental and technical underpinnings supporting them at present. After all, this is the $64,000 question on most minds right now. So, from my perspective it makes a great deal of sense to answer it because this is what we do in attempting to divine the future – a daunting task to say the least.
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Monday, July 13, 2009
How Far Can the Stock Market S&P Index Slide? / Stock-Markets / Stock Index Trading
The Technical Trader’s view:
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Monday, July 13, 2009
Stock Index Trading, 1/3rd Bearish Position / Stock-Markets / Stock Index Trading
While this last week gave us a hint that the bears are roaming back into town, the bulls are aware of that - and could be closing up the trash can to prevent the bears from satisfying their hunger.
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Monday, July 13, 2009
Stock Index Trading Weekly Update - 13th July 09 / Stock-Markets / Stock Index Trading
Current Positioning:
SPY: Nil (Cash)
QQQQ: Nil (Cash)
General Commentary:
Sunday, July 12, 2009
Stock Market, What's Next? / Stock-Markets / Stock Index Trading
After being bullish for 9 consecutive weeks and having seen the S&P500 fall some 5% over that time, the "dumb money" has finally given up hope. The "Dumb Money" indicator has moved from a bullish extreme to the neutral zone.
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