Opinions from a stock market trader.
Disclaimer: The contents in this blog are purely for entertainment and educational purposes only. They are not investment advice. Use them at your own risk.
Tuesday, March 6, 2012
Sunday, March 4, 2012
Flight To Quality
Here is a video reviewing the market indices and what to expect as the market is rotating toward 'flight to quality'
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DJIA,
NASDAQ 100,
RUSSELL 2000,
SP500
Saturday, March 3, 2012
Sunday, February 26, 2012
A Chronicle Look At The SPY
Here is my chronicle interpretation on how the SPY got to where it is and a possible scenario on how it might get back to the 2007 high.

Not much has changed for the SP500. Continue to look for a break above 1370 and a possible move up to test the 1425-1430 level.

Not much has changed for the SP500. Continue to look for a break above 1370 and a possible move up to test the 1425-1430 level.
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Thursday, February 23, 2012
Won't Let The Bears Escape
The market continues to move higher and just won't let the bears escape. It teases the bears by continually doing small sell off just to lure them to short into this market, then the market reverses and move higher to trap them bears. The SP500 is near breaking above the 1370. After breaking above the 1370, the next major resistance level will likely be 1425 near the 2008 high.
Here is a video highlighting the possible level for the SP500, and three stocks; VRSN, SNDK, and AA that are breaking out of its base.
Click on the full screen icon to view the video in HD.
Here is the link for the video.
Disclosure: long on VRSN, SNDK, AA
Here is a video highlighting the possible level for the SP500, and three stocks; VRSN, SNDK, and AA that are breaking out of its base.
Click on the full screen icon to view the video in HD.
Here is the link for the video.
Disclosure: long on VRSN, SNDK, AA
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Saturday, February 18, 2012
AAPL (2/18/2012)
A quick look at AAPL to see what it might do in the near term.
click on the full screen icon to view it in HD.
Direct link to video or go to www.lastchipstanding.com
click on the full screen icon to view it in HD.
Direct link to video or go to www.lastchipstanding.com
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AAPL
Sunday, February 12, 2012
Pull Back Or Not
During the end of last week, the market shown some signs of fatigue and gave up some of the previous gains. But looking at the intraday chart, one can also see there seems to be some buying into the close. This minor pullback the market did could due to the weekly options expiration. From the price action of the SP500, it has not indicate it will pullback to below 1300. But anything is possible, and until it has retreated below 1300, I will continue to trade as the trend is still 'up'.
Here is a short video reviewing the SP500. Click on the 'full screen' icon to view it on HD. And for those email subscribers that do not see the video player on their screen, please click on this link or go to www.lastchipstanding.com to view the video.
Here is a short video reviewing the SP500. Click on the 'full screen' icon to view it on HD. And for those email subscribers that do not see the video player on their screen, please click on this link or go to www.lastchipstanding.com to view the video.
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Monday, February 6, 2012
P - A Look At Pandora (2/6/2012)
From the recent Facebook IPO filing hype, here is a brief look at some potential trading opportunities for Pandora - P
click on the full screen icon to view it in HD.
For email subscribers, click here to view the video.
click on the full screen icon to view it in HD.
For email subscribers, click here to view the video.
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P
Sunday, February 5, 2012
GS - Swing Levels Video
A short screencast video at StockTwits on GS. Click here to view the video to see what are some of the potential swing trade levels.
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GS
BAC, HPQ, DELL, MCP, AVL, PHM (2/5/2012)
The market continues to remain strong, and here is a short video reviewing a few stocks I have mentioned earlier: BAC, HPQ, DELL, MCP, AVL, PHM.
Click the full screen icon on the video player to watch it in HD.
Click here if you need to go directly to the video.
Click the full screen icon on the video player to watch it in HD.
Click here if you need to go directly to the video.
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Wednesday, January 25, 2012
AAPL & SP500 (1/25/2012)
AAPL continue to surprise the market with a blowout earnings report. The SP500 continue to head toward the 2011 high.
The follow video is a brief look at AAPL, the SP500 and couple of rare earth stock, AVL & MCP.
Here is the video link for the email subscribers.
The follow video is a brief look at AAPL, the SP500 and couple of rare earth stock, AVL & MCP.
Here is the video link for the email subscribers.
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Monday, January 23, 2012
AAPL HPQ DELL (1/23/2012)
A quick look at AAPL one more time before tomorrow's earnings report, and a look at two PC stock, HPQ & DELL that appear to be setting up for a breakout.
For the email subscribers, here is the links for you to view the video.
For the email subscribers, here is the links for you to view the video.
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Sunday, January 22, 2012
AAPL (1/22/2011)
AAPL is due to report earnings after the close next Tuesday. The video show what AAPL's price movement might be prior to and after its earnings report.
For those subscribers that cannot see the video in their email, here is the link for the video or go to this blog's homepage.
For those subscribers that cannot see the video in their email, here is the link for the video or go to this blog's homepage.
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AAPL
Wednesday, January 18, 2012
Pullback Watch
After the first 2 weeks of trading in the new year, the market appears to be a bit extended and readying to some consolidation. Be prepare for some wild move since this week is OpEx.
Here are the charts for the SP500, Nasdaq 100, and their respective ETF, SPY & QQQ.
Click on the image to get an enlarged view of the chart.
SP500

SPY

Nasdaq 100

QQQ
Here are the charts for the SP500, Nasdaq 100, and their respective ETF, SPY & QQQ.
Click on the image to get an enlarged view of the chart.
SP500

SPY

Nasdaq 100

QQQ
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Wednesday, January 11, 2012
SP500 - 1/10/2012
(click on the 'full screen' and select the 720 to view in HD)
For those email subscribers that did not get the video player link, click on this link or go to www.lastchipstanding.com to view the video.
For those email subscribers that did not get the video player link, click on this link or go to www.lastchipstanding.com to view the video.
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Tuesday, January 3, 2012
Happy New Year
Happy New Year everyone.
In 2012, I will start making some video post. Here is the first video post for the new year. This video is about a swing long setup for BAC.
In 2012, I will start making some video post. Here is the first video post for the new year. This video is about a swing long setup for BAC.
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BAC
Thursday, December 22, 2011
Happy Holiday!
Looks like Santa Claus is bringing the bulls a present for the holiday by having the SP500 breaks out of the wedge and move back above the 1260 level. The daily chart for the SP500 shows the recent price actions seem to favor an upside breakout.

As another possible holiday gift, the battered financial sector finally showing some upside bids and could be setting up to reverse its downward trend (see the chart for ETF, XLF below.)

And not to overlook the homebuilders, they too are showing some sign of upside price trend. Take a look at the price chart for the homebuilders ETF, XHB.

Finally, Santa did not forget AAPL. It too has moved above the baseline near 396 and appears to be making a move back above the 400 level.

If these price actions hold up and the SP500 stays above 1260, then the SP500 could end the year 2011 in the green.
Have a happy holiday!
Disclosure: long on AAPL

As another possible holiday gift, the battered financial sector finally showing some upside bids and could be setting up to reverse its downward trend (see the chart for ETF, XLF below.)

And not to overlook the homebuilders, they too are showing some sign of upside price trend. Take a look at the price chart for the homebuilders ETF, XHB.

Finally, Santa did not forget AAPL. It too has moved above the baseline near 396 and appears to be making a move back above the 400 level.

If these price actions hold up and the SP500 stays above 1260, then the SP500 could end the year 2011 in the green.
Have a happy holiday!
Disclosure: long on AAPL
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Monday, December 12, 2011
Still Waiting...
The market still have not made a decisive move in either direction. Another OpEx week is upon us, and likely we will see additional volatility while we wait for the market to choose a direction.
Here are the updated charts, click on them to read the commentary:
DJIA:

SP500:

Nasdaq 100:
Here are the updated charts, click on them to read the commentary:
DJIA:

SP500:

Nasdaq 100:
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Labels:
DJIA,
NASDAQ 100,
ndx,
SP500,
spx
Monday, December 5, 2011
GLD, SLV & AAPL update
Latest updates for GLD, SLV & AAPL.
Click on the chart to get a larger view to read the commentary.
GLD:

SLV:

AAPL:
Click on the chart to get a larger view to read the commentary.
GLD:

SLV:

AAPL:
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Sunday, December 4, 2011
Holiday Cheers
Just when one think the market is heading one way, some tricky appears and move it to the opposite direction. Whether it was the encouraging Black Friday shopping results or the European/Central Banks trickery, the market definitely has bought the holiday cheers to the bulls.
The SP500 has bounced off the 200 SMA and it is testing the 1260 (H&S neckline) once again. Although it printed a shooting star candle pattern on Friday, any consolidation under the 1260 at this point could simply be building up more momentum for a surge above the neckline and move into the 1300 territory.

The DJIA printed a doji while sitting on the 200 SMA. This index can be setting up for a move above the 12300 level.

The Nasdaq 100 20 EMA, 50/100/200 SMA are all converging with the price near the convergent point. It is sitting in the middle of the triangle with a rising MACD. These technical signs indicate potential further upside and can leads to upward move above 2400.

Finally, the Russell 2000 is bumping up against the 738 resistance and the upper trendline of the triangle price pattern. When it breakout of this price pattern, it could potentially move to test the 200 SMA near the 773 level.
The SP500 has bounced off the 200 SMA and it is testing the 1260 (H&S neckline) once again. Although it printed a shooting star candle pattern on Friday, any consolidation under the 1260 at this point could simply be building up more momentum for a surge above the neckline and move into the 1300 territory.

The DJIA printed a doji while sitting on the 200 SMA. This index can be setting up for a move above the 12300 level.

The Nasdaq 100 20 EMA, 50/100/200 SMA are all converging with the price near the convergent point. It is sitting in the middle of the triangle with a rising MACD. These technical signs indicate potential further upside and can leads to upward move above 2400.

Finally, the Russell 2000 is bumping up against the 738 resistance and the upper trendline of the triangle price pattern. When it breakout of this price pattern, it could potentially move to test the 200 SMA near the 773 level.
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Labels:
DJIA,
NASDAQ 100,
ndx,
RUSSELL 2000,
rut,
SP500,
spx
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