Sunday, April 26, 2015

AAPL Pre-Earnings Review - 4/26/2015

In this video, we will take a look at some of the price levels AAPL might be targeting after it has reported its earnings on 4/27/2015 AMC.

Here is a long term monthly chart of AAPL showing how it has been moving within a rising price channel.

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Stock Market Watch - 4/26/2015

The market continues its march into new high territory last week. The NASDAQ Composite closed above the dotcom bubble closing high at 5092.08, and less than 50 points from the all time high of 5132.52. The tech heavy NASDAQ 100 did not make a new all time closing high but it did closed with another multi-years high at 4536.78. It is still some distance away from the dotcom bubble closing high of 4704.73.

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Thursday, April 23, 2015

Stock Watch For 4/24/2015

Here are some stocks that could present potential swing long opportunities in the coming days: LULU, M, MDT, SWI, LLY, SWKS, DATA, DNKN & EBAY.

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Sunday, April 19, 2015

Busy Earnings Reporting Week Coming Up

Next week many large cap tech & non-tech stocks will be reporting their earnings. Below is a table of projected price movement for some of the stocks scheduled for ER. The price projections in the table are based on Friday's numbers. These stocks are covered in this video: HAL, MS, IBM, CMG, ISRG, CREE, EBAY, QCOM, FB, AMZN, GOOGL, BIIB, AAPL, TWTR, NFLX, TSLA, BABA, MBLY, SWIR & CYBR.

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Thursday, April 16, 2015

Charts Posted On Twitter Today - 4/16/2015

Here are some of the charts I have posted on my Twitter stream today.

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Tuesday, April 14, 2015

Interesting Energy Stocks

If you are not one of those people that are still waiting for the price of crude oil fall to the $30's or $20's or even for a new low, then you might find the following energy stocks to be interesting.

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Monday, April 13, 2015

Quick Look At FB

FB broke out from the recent pullback price channel and above the Fibonacci retracement zone. Although it has faded as the market weakening during the afternoon, but it did held on to some of its gains and closed up +0.97 or 1.18% at 83.01.

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The Market Reveals

Today the market has revealed itself on its near term intention. Last week the New York Stock Exchange Composite, NYA was near its all time high. The Russell 2000 was only 0.37 away from tagging the all time closing high. Today, the market opens with the Russell 2000 and the NYA moving toward new high territory.

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Saturday, April 11, 2015

Stock Market Review – 4/11/2015

This week the market shook off previous week’s weakness and the weak job report, and continues to move back toward its all time high. The NYSE cumulative Advance/Decline line is still trending higher as the SP500 moving back toward its March pivot high level (see chart below). The VIX is falling toward last December low level as the New-High/New-Low holding steady. Clearly, these are not the signs of a market that is getting ready to roll over.

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Sunday, April 5, 2015

How The Market Enters Into A Correction

The market remains near all time high territory while traders wait and preparing for a correction of 10% or more. The SP500 ended the month of March with a loss of 36.61 points or -1.7% on a month-to-month basis. The trend indicated by the monthly chart remains to be up. The price is sitting near the middle of the long term rising price channel and the monthly candle price pattern does not show any sign of a top.

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