Thursday, January 16, 2014

Stock Watch - 1/16/2014

In this video, we will take a look at the price action for ANGI, CSCO, ARUN, CRM, FFIV & PCLN.


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Wednesday, January 15, 2014

PCLN (Technical Analysis Made Simple) - 1/15/2014

Here is a short video showing how one can perform a simple technical analysis on PCLN for potential entry, stop level, and possible price target.


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Stock Market Outlook - 1/15/2014

Here is a brief look at the market indices & their respectively ETF price action.


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Tuesday, January 14, 2014

JPM Earnings Watch – 1/14/2014

JPM will be reporting its quarterly earnings before the market open for trading today. By analyzing the options open interest and the cost for a straddle and a strangle, one can speculate JPM stock price will be somewhere between 57.50-55.00 on option expiration this Friday.


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Monday, January 13, 2014

Stock Watch - 1/13/2014

In this video, a look of the price action on the stocks that were tweeted during today's trading session. the stocks that were tweeted: FB, TWTR, TSLA, FCX, AMZN, AAPL & SPY.


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Sunday, January 12, 2014

Waiting For Re-entry

After exiting the trade for FB, FCX and AMZN recently, I am now waiting for it to setup and/or trigger to enter another trade. Here is what I'm waiting for before I consider re-entry.


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Stock Market Outlook - 1/12/2014

A look at possible price levels for the market indices and their respective ETF: IYT, DIA, SPY, QQQ & IWM.


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Friday, January 10, 2014

What's Your Preference For TSLA?

Here is a short video presenting both side of the trade possibilities for TSLA.


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Wednesday, January 8, 2014

Stock Review - 1/8/2014


In this post, I am experimenting with the concept of posting separate video for each stock or a small group of related stocks. The objective is to allow you to view only the video for the stock you are interested in. Let me know if you like this new format or prefer the old format in one consolidated video. Please use the 'comments' section or use the 'contact' page to express your preference.


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Tuesday, January 7, 2014

Stock Review - 1/7/2014

In this video, the following stocks are reviewed: MU, SNDK, GMCR, MS, ZNGA, Z, FB & TWTR.


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Sunday, January 5, 2014

Will Financial Take The Lead?

Here is a look at some of the financial stocks to see if they will lead the market higher in the coming days/weeks.


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Lady Luck Ringing In The New Year

As we enter 2014, the first two trading sessions have been mixed. But what have been strong are the casino stocks. When these stocks pull back along with the market in the coming days or weeks, keep an eye on possible setup for new swing long opportunities.


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Friday, January 3, 2014

Technical Analysis (GRPN) - 1/3/2014

A brief video on how to perform technical analysis using price actions to determine trade setup, trigger level, possible price target and stop level.


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Wednesday, January 1, 2014

CMG Double Flag

CMG has developed not one bull flag, but two. Depending on which time frame you are trading, there is a bull flag based on intraday chart and another one based on the daily chart.


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Market Ended 2013 With A Bang

The market displayed some early firework to welcome in 2014 as it ends 2013 with new closing high for all the major indices. The market breadth is showing some improvement, especially the A/D line. At the present, the message from the market is newer high is yet to come.

In this video, some of the breakout price levels for the market ETFs and for AAPL, NFLX, FB, TWTR, GOOG AMZN are highlighted.


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Monday, December 30, 2013

TWTR Trade Review - 12/30/2013

If you were day trading TWTR today, hopefully you caught the midday rally. If you are not a day trader, you should have been patient and waited on the sideline. Here is a look at today's price action.


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Sunday, December 29, 2013

Stocks To Watch - 12/29/2013

In this video, a look at possible price action for AAPL, TWTR, FB, NFLX, GOOG, AMZN & TSLA.


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Saturday, December 28, 2013

DRYS Breakout

Since the mention of this shipper, DRYS as a macro play on the thesis of an improving economy for 2014, it has surged upward after it broke a long term inverted head & shoulder price pattern. Here are the updated price charts on DRYS with possible near term price target.


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Thursday, December 26, 2013

OpEx Pin For AAPL, NFLX, FB, TWTR

These are the possible weekly OpEx pin levels for AAPL, NFLX, FB & TWTR:


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Two Semiconductor Stocks To Watch

QCOM and SNDK could be breaking out to a new 52 week high. Here are the charts.


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Market Could Hold Its High

The market continues to make new record high. Here are three Dow stocks that could be perking up: IBM, MCD & CAT. The DJIA could be holding up in the record territory for sometime if these stocks start to move toward their 52 week high. Keep an eye on these three stocks for possible near term breakout.


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Wednesday, December 25, 2013

AAPL Price Action Review (Update) – 12/25/2013

AAPL gap down when the expected deal announcement with China Mobile did not materialize on December 18. And when the announcement of the deal finally came before the new trading week starts, the market greeted the actual announcement with a gap up open and closed with more than $20 gain for the session. This opening gap probably will not be filled prior to getting back to previous pivot high near 594 if can close above the 575 level. If the gap gets filled without reaching 594 first, then the 594 target could be in doubt.


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TWTR On Target

TWTR appears to be marching toward the bull flag price target near 74. Even on Christmas Eve with an abbreviated trading session, its stock price advanced with conviction and heavy volume. It has reached the 141% Fib extension target and more. It is currently sitting near the 80% of the bull flag projected move. The full extent of the bull flag move is near the 74 level. As TWTR make its way to the 74 level, it could encounter resistance at the 161% Fib extension which is slightly under the 74 level. Having the price near the 80% of the projected measure move and nearing the 161% Fib extension, these technical factors could become the catalyst for a pull back since TWTR has gained more than 25% in the last 4 trading sessions.


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Monday, December 23, 2013

AAPL & Friends Greeted Traders With A Big Holiday Cheer

AAPL held the opening price gap from the announced deal with China Mobile. The rising price channel upper trend line near 594 still in play.


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Sunday, December 22, 2013

Pre-Holidays Stock Review

Many traders will be away and volume will be light for the Christmas holidays week. Therefore, beware of increase volatility for the coming week. Here is a brief look at the chart for the following stocks: AAPL, FB, TWTR, GOOG, GS, MS, and JPM.


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Saturday, December 21, 2013

Everyone Lined Up

After a day where the DJIA stands alone on making a new all time high, the other market indices regrouped and joined the DJIA on making another new all time high.


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Thursday, December 19, 2013

AAPL, FB, TWTR & CELG – Quadruple Witching

Tomorrow is quadruple witching, SP500 and Nasdaq rebalancing. Therefore, anything can happen. Here are the updated charts for AAPL, FB, and for couple stocks to watch; CELG & TWTR.


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Getting Nervous

The DJIA closed up once again, and that mean it made another new all time high. One would think the market technicians are celebrating with joy and holiday cheers. Well, maybe those technicians that only watch the stock charts and pay little or no attention to the market breadth are celebrating. Those that are the true student of the market are probably getting a bit nervous. Here are some of the things that cause these market technicians to be nervous: 1) non-confirmed DJIA new high, 2) down volume greater than up volume, 3) declining issues outnumbered advance issues, 4) less than 200 issues made new 52 week high, 5) issues made new 52 week high nearly equal to number of issues made new 52 week low. Notice these are all market breadth, not a derivative of the price, i.e. RSI, moving average, etc.


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Wednesday, December 18, 2013

AAPL & More

Updated chart for AAPL, FB, GS, MS, JPM:


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Rerun Once Again

It’s just like watching a rerun on TV because we have seen this picture before; the DJIA makes a new all time high along with the SP500 but without the Nasdaq 100 and the Russell 2000 making a new high, and no confirmation from the Dow Theory.


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Monday, December 16, 2013

Financial Stocks To Watch

The market is waiting to see if the FED will taper or not from this week's FOMC meeting. Looking at some financial stocks, there appears to be a few that could be setting up to break to the upside, they are: GS, MS, JPM.


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Sunday, December 15, 2013

Stocks On The Move

FB formed a bull flag and moving toward its previous high. The measured move price target for FB is near 62.


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AAPL Price Action Review (Update) – 12/15/2013

AAPL got near the 141% Fib extension then pulled back to test the 554/555 support.


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Thursday, December 12, 2013

NFLX Continues To Move Higher

Back in early December, I posted this about NFLX price actions that could be leading it toward the post ER high near the 390 region and that the price is trending within a rising price channel. It appears it is still moving toward the 390 region.


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Tuesday, December 10, 2013

Homebuilder Building Up

The common wisdom is the rising interest rates from the anticipated FED tapering will cause a slow down to the housing recovery. This slow down will hamper the homebuilders’ earning prospects. But in defying the obvious, here is SPF, a homebuilder that appears to be setting up for a possible move to its 52 week high.


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MGM Analysis – 12/10/13

MGM broke above a multi-year resistance near the 17 level in August and continue to move up to 20.98 before it started to pull back from this rising trend.


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Monday, December 9, 2013

Good News Is No Longer Bad

After a good job report last Friday, the market took the good news and rallied. Many market participants were looking for the market to drop on a good job report as it will increase the probability for the Fed to taper. But as in most if not all instances that when the majority is leaning on one side, the market will go to the other.


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Sunday, December 8, 2013

Let’s Get Social

Here is a look at couple social media stocks, FB & TWTR.

After an extended run up from the July earnings report gap, FB pulled back and tested its IPO high of 45. It appears to be setting up for another run up to its previous high near the 54.80 level.


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AAPL Price Action Review (Update) – 12/8/2013

Another illustration on how the market manipulates the price of AAPL during OpEx. Although AAPL did experienced a pull back on Friday, but AAPL's price trend remain to be up. The near term price target of 594 is still intact until it shows otherwise.


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Friday, December 6, 2013

AAPL Price Action Review (Update) – 12/5/2013

AAPL got a bump on the news of a deal with China Mobile. As it got near the 576/579 resistance region that was discussed in the previous video, it faded back near the 565 level. Looking at the Open Interest for the weekly OpEx, it appears there is a good possibility it will get pin at 565 or 570. But the near term target remain to be the pivot high of 594 and the trend is still up.


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Tuesday, December 3, 2013

AAPL Price Action Review (Update) – 12/3/2013

AAPL continues to move higher after a minor pullback through the 554/555 level. The price gapped up on the open due to some analyst upgrade, that voided the opportunity for AAPL longs to add or to initiate a position. There appears to be a confluence near the 576-579. Although the near term target is the pivot high near 594, this confluence level could pose some resistance, and maybe at that level AAPL could setup an opportunity for the sideline longs. In the meantime, for those that are long on AAPL, be sure to protect your gains.


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Sunday, December 1, 2013

Stocks To Watch - 12/1/2013

The market has been up for eight consecutive weeks and could experience a near term pull back. The potential pull back could present an opportunity to enter a swing long on some of these high beta stocks.


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Nothing Has Changed

The market ventured into another record high territory on Thanksgiving eve. All the major market indices closed at record high territory with DJIA, SP500, DJT and Russell 2000 at new all time high, while the Nasdaq 100 at new multi-year high. Nothing has really changed.


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AAPL Price Action Review (Update) – 12/1/2013

Ever since AAPL found support near 114 and reclaimed the 522 resistance/support level, it proceed to breakout the 529 pivot level and triggered a move toward the 554/555 level. On the day after Thanksgiving, an abbreviated trading session, AAPL broke through the 555 with little resistance. As the market resumes trading after the Thanksgiving holiday, it would not be a surprise if AAPL retrace back to retest the 555 level before it attempt a move toward the 594 region.


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Wednesday, November 27, 2013

It Doesn't Make It Easy

The market is not making it easy for the bulls or for the bears as it continues to make record high. Just in the previous session, the DJIA made a new all time high with confirmation from the DJT and the bulls see it as coast is clear for higher high. Then today, the DJIA making another new all time high by a slim margin of 0.30 with the DJT failed to close with a new high, and that gave the bears something to smile on. But before the bulls move to the sideline or the bears starting a field day, the Russell 2000 said not so fast. The small cap Russell 2000 closed with a new all time high that surpassed the previous high by more than 1% or 12.40, and to cast more confusion into this picture, the tech heavy Nasdaq 100 also closed with another new multi-year high and showing improved market breadth. So what should one do?


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Tuesday, November 26, 2013

AAPL Price Action Review (Update) - 11/26/2013

AAPL broke through the 529/530 level and could be heading toward the previous pivot high near 539. There is a resistance pivot level near 555 in which lies the 141% Fib extension. Barring any major market correction, the near term target for AAPL is the 539 then the 555.


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Doing The Shuffle

The market is looking a bit tire, but not too tire to prevent it from reaching another new all time high for the DJIA, DJT and a new multi-year high for the Nasdaq 100, NDX. The chart of the indices shows the SP500 and the Russell 2000 did not make new high along with the DJIA. There seems to be a bit of shuffling amongst which indices to join the DJIA in the new high territory.


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Saturday, November 23, 2013

It Doesn't Care

The market doesn't care what all those people are saying about how extended it is. The DJIA continues to hit new all time high, even with repeated Dow Theory non-confirmation and negative market breadth. As history has shown, the market will frustrate those that are trying to call the top and/or waiting for the correction. When these non-believers rush onto a running train that is when the market will do what they were expecting the market to do. Until then, trade what you see and not what you believe (I know, you heard this many times before, but are you doing it?) One more thing, 'do not chase the market or the stocks.'


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Thursday, November 21, 2013

AAPL Price Action Review (Update) - 11/21/2013

Here is today's update for AAPL. It appears to be making an attempt to reclaim previous support levels. Click here to view the previous update.


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Nothing Has Changed

Although the DJIA made another new all time high and closed above the 16,000 level for the very first time, the other market indices really have not change their character. The picture from the chart below is nothing new, we have seen this before.


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Wednesday, November 20, 2013

AAPL Price Action Review (Update) - 11/20/2013

Here is the latest update on AAPL price action. Click here to view the previous update.


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Tuesday, November 19, 2013

DJIA Stocks Reveiw - 11/19/2013

Here is a quick review of the 30 stocks in the DJIA.


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Monday, November 18, 2013

Get Defensive

Here are couple defensive stocks to watch.


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AAPL Price Action Review (Update) - 11/18/2013

Take a look at the chart below. It appears to be playing out one of the scenario that was mentioned in the earlier video. If you have watched the video, then today's price action should not have been a total surprise, maybe unexpected, but not surprised.


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Shhhh....

The elephant might be leaving the room. Here we go again, look at the chart below.


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Sunday, November 17, 2013

AAPL Price Action Review - 11/17/2013

AAPL continues to recover from its near term low. After forming a double bottom and tested the pivot point for support, it appears to be consolidating near the 515 level with a potential bull flag pattern. As it breaks this bull flag pattern, the measured move could project a possible price target near the 580-595 range.


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Saturday, November 16, 2013

HPQ Turnaround Play (Update - 11/16/2013)

Here is the first post I did on HPQ turnaround play. And here is an update on HPQ.


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It Just Keep Going

The market simply keeps going up as there is nothing to impede its march toward the 16,000 for the DJIA and 1800 for the SP500. The Russell 2000 still lag all the market indices and warrant a close watch for clues of possible pull back or blow out.

The following chart shows how all the indices are synchronized on making new high while the Russell 2000 is trailing behind.


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Wednesday, November 13, 2013

When Will This Stop?

Just when the market flashes a sign it is getting ready to take a rest, it re-energize like the energizer bunny and zoom to another new all time high for the DJIA, DJT, and SP500 along with the Nasdaq 100 making a new multi-years high. The only index that did not make a new high was the Russell 2000. While the market indices made new high, the internal market breadth continues to deteriorate, so when will this stop? The answer might appear when euphoric/panic buying occurs. Until then, pick your stocks, manage your risk, and trade your plan.

Here are the charts of the internal market breadth for the NYSE and the NASDAQ.


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Tuesday, November 12, 2013

Stocks To Watch - 11/12/2013

Here are some stocks to watch for potential upside move.


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Monday, November 11, 2013

State Of Confusion

As the DJIA continues to make new all time high without the participation from other market indices, the market is generating a state of confusion.


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Sunday, November 10, 2013

Fool Me Once…

The DJIA made new all time high twice last week. The first was on Wednesday, then followed with a big down day and a sudden reverse on Friday to regain all the Thursday losses and closed with another new all time high. The SP500 followed the DJIA and closed with a new all time high as well. Although the other market indices; DJT, NDX and RUT had a nice big green day, but not enough to push these indices into new high territory. All these market indices failed to confirm neither the Wednesday nor the Thursday new high put in by DJIA & SP500.


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Wednesday, November 6, 2013

Non-Confirmed

Just one chart and one phrase "non-confirmed" DJIA new all time high.


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Retailers Watch

Here are some retailing stocks to monitor for potential upside breakout: TGT, M, ANF, AEO, ARO


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Sunday, November 3, 2013

Chasing It Up

Here are three stocks with high short interest along with recent breakout could lead to short squeeze as the performance chasers start a run with their buying spree.


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Marching On

Market made a new high early in the week then pulled back and started to consolidate the recent gains. The small cap, Russell 2000 pulled back with a bit more conviction than the other major market indices. This is probably due to the recent speculative run up on some of the small cap stocks. But by no means is this pull back signifying a top has been made by the Russell 2000. It might have been, only time will tell. But at the present there is no evidence to indicate it has made a top.


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Tuesday, October 29, 2013

It Finally Made It

The Dow Jones Industrial finally made the new all time high that the Dow Jones Transportation has been screaming to tell the Dow Theory followers. One might believe today’s new high could be the market top, but to the contrary. The SP500, Nasdaq 100, Russell 2000, and the DJT all made new high along with the DJIA. What this mean is today’s DJIA new high is a confirmed high. Only after the market index has made a non-confirmed high is when we should look for the possibility that the market has made a top. Until then, we will continue to monitor for a higher high.

In the video, the DJIA and its ETF, DIA along with the price action for AAPL after its earnings report are reviewed and analyzed.


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Sunday, October 27, 2013

Four Stocks To Watch

Here are the four stocks to keep an eye on for the coming week. These four stocks are scheduled to report their earnings. The most widely watched is AAPL. It is schedule to report earnings after the close on Monday, and the options market is pricing in approximately pulse/minus $35 move on earnings.


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Saturday, October 26, 2013

Market Review - 10/26/2013

Most of the major market indices were hitting new high during the week except the DJIA. The DJT continues to show strength and it only experienced its second down day on Friday from the last twelve trading sessions. Talks about how extended this market continue, and the market continues to defy those disbelievers as it makes higher high.


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The Crash Of 1929 - PBS

Don't be fool by "It's different this time". Watch this PBS documentary of the 1929 stock market crash and see the similarities between today and 1929.

The Crash of 1929 . American Experience . WGBH | PBS

Enjoy & learn.


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Thursday, October 24, 2013

It's Not Complicated

If you have been following this blog and read about the Dow Theory in this blog and/or from elsewhere, you have probably got the message from the market already. Yes, sometime the market sends out messages that are loud and clear and not complicated. But the value of the message is only as worthy as the recipient's ability to interpret it.  Here is what the market has been saying (see the charts).


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Wednesday, October 23, 2013

Changing The Tune

NFLX stock price surged more than 10% after it has reported earnings on Monday. The after hour price action appears to be following what GOOG stock price has done after it reported its earnings. Then something happened in the Tuesday session, NFLX changed the tune. It has decided not to play the song GOOG played and its stock price came straight down after gapped up on the open at a new all time high near the 390 level.


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Monday, October 21, 2013

The Band Plays On

NFLX reported its earnings today after the close and knocked it out of the park. AMZN is schedule to report its earnings this Thursday after the close. AAPL is scheduled to announce the next generation IPad tomorrow. It appears the high beta, large cap tech stocks are zooming higher on any positive news. Of course, it can move the other direction as well with any negative news. Live by the sword, die by the sword. The band plays on!


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Sunday, October 20, 2013

Natural Resources Watch List - 10/20/2013

Here are some interesting natural resources, oil & gas charts with potential long breakout level to watch.

Be sure to check out "More To Come" to see where the market might be headed, and "Trading All Time High" on one possible way to buy high sell higher, and get an idea on what the options market is pricing in for the "Event Driven Trades" on NFLX & AAPL.


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Saturday, October 19, 2013

Event Driven Trades

Next week, two high beta and widely watched stocks will be holding price moving event. One of them is NFLX, it will report its quarterly earnings after the market close on Monday. The second one is AAPL, it will be holding a product announcement event with the possibility of announcing the next version of Ipad on Tuesday. These events will most likely move the stock price of the respective stock.


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Trading All Time High

Not only did the market indices such as SP500, Nasdaq 100, Russell 2000, and the Dow Jones Transportations made new all time high recently, but many stocks also made new all time high. Trading stocks that have just made new all time high could pose a few dilemmas for the traders. Couple possible dilemmas a trader might face when trading a stock that just made a new all time high are: 1) where is the next price resistance or price target for establishing potential risk & reward, 2) the risk of buying into a profit taking pullback or a correction.


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Friday, October 18, 2013

More To Come

The market continues to make new high as the DC clown show came to an end and a new round of earnings report begins. The SP500, Russell 2000, and the Dow Jones Transportations index made new all time high, while the Nasdaq 100 made multi-years new high. The DJIA is the only index that fails to come near to its last new high. This does not mean the market has top out nor the new high from the other market indices is non-confirm. To the contrary, the market breadth shows remarkable strength, with the advance/decline and the new-high/new-low surpassed previous high indicate broad market participation.


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Sunday, October 13, 2013

Trading YHOO Earnings Projected Move

YHOO will be reporting its earnings after the close on Tuesday, 10/15/13. For those that are holding YHOO or planning to trade YHOO through earnings report, here is the current option market pricing for the expected move from the earnings report; it is expect YHOO to move +-6%, and that is equivalent to approximately $2.10 from Friday's closing price. From the intraday chart below, the upside price move level is near the upper price channel and the downside price move is near the last pivot low off the lower price channel.


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Market Review - 10/13/2013

The market continues to be jerk around by headlines coming out of DC on the budget deal clown show. While the DJIA appears to be a bit uncertain, the Nasdaq 100 and the Russell 2000 are getting near to test the recent high.


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Two Different Directions

AAPL and FB are two of the most watched stocks, and they both have been recovering from their recent low.

Since the last earnings report, FB not only has regained the losses since its IPO but has nearly doubled since its last earning report. In the last two weeks, FB started to consolidate its recent gains. Last week, it ended with two consecutive weeks of losses for the first time since May of this year. The price action from last week resulted in a bearish hangman like candle on the weekly chart.


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Thursday, October 10, 2013

Another Dip Buying Opportunity?

In the "Pulling Back And To The Sideline" post, the DJIA price chart gave some indications that a bounce could be coming and also provided some possible resistance levels.


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Tuesday, October 8, 2013

Pulling Back And To The Sideline

The market has finally culminated to more than a minor pull back. Since the beginning of July, the DJIA 50 SMA (green line) begins to turn from a rising trend toward a falling trend, and the index has been retreating since it made its new all time high on 9/18/2013.


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FB Retracement

FB is trying to hold above the near term support trend line. If it fails to hold above this trend line, then it could possibly dip down to the 78.6% Fib retracement level near the mid 45 area to test for support.


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Monday, October 7, 2013

Possible Gap Fill

Here are three stocks that could be headed down to fill their recent price gap if they fail to hold some key levels.


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Sunday, October 6, 2013

Raising The Flag

One of the most common price pattern appears on a stock chart is a flag or a pennant pattern. It could be a bull flag or a bear flag, depending of the direction of the price trend. In this discussion, we will focus on the recent bull flag from SNDK.


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Saturday, October 5, 2013

MOMO Stocks In Review - 10/5/2013

The market continues to chop around while the clown show in DC plays on. Shorts are being punished as they continue to try to go against the trend by shorting those strong trending stocks such as TSLA, NFLX and FB. Until the trend has changed for these stocks, it is best to simply move aside and watch. And for those that are waiting to buy the dip, their patience are being tested and when these waiting to buy the dip start to buy at any cost, that is when the shorts should get ready. Until then, traders should simply maintain their positions and protect their gains.


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Friday, October 4, 2013

AAPL Next Move

Since the September 9, 2013 unsuccessful attempt to take out the August 19, 2013 closing high of 507.74, AAPL has retreated to the 50% Fib retracement level near 450. After a brief dip below this level, AAPL reversed its slide and has been trying to re-establish a recovery uptrend by forming a higher-high to pair up with the recent higher-low.


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Wednesday, October 2, 2013

The Defiants

Although the clown show in DC is still being played, and the market is being jerk around to shake out some of the weak market participants, there are stocks that move independent of the market. Here are a few of those defiant stocks: DANG, CREE, MSFT, SNDK and TSLA. In this video, the price actions of these stocks are highlighted.


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Sunday, September 29, 2013

Three Socially Dysfunctional Stocks

Here are three social media related stocks that lot of people seem to have written off at one time or another (this writer included), P, GRPN & ZNGA. But if one is to study the recent price actions of these stocks, they have been performing remarkably well. Once again, the market reminding us never to trade what we believe, but trade what we see. The picture these three stocks are painting show possible higher prices to come.

Click here to view the video if you do not see a video player on your screen.


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The Big Six

Here is a look at the follow six widely watched stocks: AAPL, FB, NFLX, TSLA, GOOG, AMZN.

Click here to view the video if you do not see a video player on your screen.


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Saturday, September 28, 2013

Market Waiting For The Clown Show

The market hesitated to make a directional move one way or the other while it waits for Washington to perform its clown show with the debt ceiling/budget deal.

There were many market pundits proclaiming how bad the month of September will be when August came to an end. As it turns out, September was not a bad month but it wasn't an easy month for many traders. The market has become more of a stock picking market and the easy picking is diminishing. As October approaches, one needs to be reminded of October 19, 1987, the day the DJIA drop more than 25%. There is no sign the market is setting up to such a drop in October, but certainly one should never be complacent and believing this market will zoom higher without having someone eventually holding the bag.


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Tuesday, September 24, 2013

AAPL, FB & More - 9/24/2013

As the market pulls back and cast some doubts to those that lack conviction, the strong stocks continue to hold their ground. Here is the latest look at possible price levels for FB, AAPL, NFLX, GOOG, AMZN, TSLA, & GS.


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Sunday, September 22, 2013

Stocks To Watch - 9/22/2013

As the end of September is near, stocks continue to edge higher defying all those that been waiting and warning about how terrible the month of September will be. Although there is still a whole week of trading before September ends and anything could happen. Here is a look at some of the widely watched stocks and a few that might attract some renew attention.

The price action and potential price levels for AAPL, NFLX, GOOG, AMZN, TSLA, LNKD, GS, FFIV, RAX, BAC are reviewed in this video. Click here to view the video if you do not see a video player on your screen.


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Saturday, September 21, 2013

GLD, SLV & Market Review - 9/21/2013

After the market made a new all time high last Wednesday, a little consolidation came in while the market re-align itself due to the shuffling of the DJIA component and the rebalancing of SP500.

Gold & silver gave back most of their gains from the Fed no tapering announcement. They need to be able to hold support and bounce off the 50% Fib retracement in order to move higher. Otherwise, they could be headed down to retest the June low.


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Wednesday, September 18, 2013

Fed Gave The Market A Boost

Once again, the market surprise everyone by the Fed decision on not to taper. Almost every market participants were expecting a taper from the Fed ranging from 10B to 20B. Instead, the Fed decided the economy is not growing fast enough to warrant tapering, or is there more than not growing fasting enough? Your guess is as good as mine. In the meantime, trade what you see and trade your plan.


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Tuesday, September 17, 2013

Unexpected Move From FB

Today, FB made an unexpected move and reversed to the upside in the mid-day. Here is a look at today's price action and some potential price levels that FB might be targeting.


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Monday, September 16, 2013

Someone Know Something?

Is this just a coincidence or a case of 'there is always someone know something before anyone.'


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Pull Back From The Active Three

AAPL continues to fall, NFLX appears to be pulling back, and FB profit taking came in big time. Here is a look at some of the possible price level for the coming days.


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Something For Everyone

Lot of stocks from different sectors are poise to move higher. Here are some of those stocks from various sector.

The fertilizer sector appears to be waking up after a prolong decline.


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Sunday, September 15, 2013

Stocks To Watch - 9/15/2013

Gold & AAPL did not have a good week. They both sold off quit bit while the market move higher. GOOG, AMZN appear to rebounding from their recent pullback, and YOKU took off while SODA could be setting up for an up surge.


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