I know many of you are only following me on my blog and/or on my YouTube channel. If you are not following me on Twitter and are not checking my Twitter stream frequently, then you could be missing many interesting charts that I have posted throughout the week.
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.
Saturday, February 28, 2015
Wednesday, February 25, 2015
Stock Watch - 2/25/2015
The market has been printing new record in the recent trading sessions. Some divergence beginning to show up and that is a sign to be prepare for a near term pullback. But, there are still many good opportunities for some possible swing long. Here are the charts for some of these potential swing long setup.
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Sunday, February 22, 2015
It's No Different This Time
Last Friday, February 20, 2015, the Dow Jones Industrial (DJIA) closed at a new all time closing high of 18,140.44, 86.73 points above the previous all time closing high of 18,053.71 made on December 26, 2014. The broader market index, the New York Stock Exchange Composite (NYA) also closed at a new all time closing high at 11,108.67, surpassing its previous all time closing high made on July 3, 2014. This is a good indication of broad market strength as the NYA represents all the stocks being traded in the NYSE.
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Monday, February 16, 2015
The Market Kept Its Words
Last week, the SP500 and the Russell 2000 made a new all time closing high, and the NASDAQ closed at a multi-year high.
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Wednesday, February 11, 2015
Projected Price Targets For ER - 2/11/2015
Here is the projected price move for some of the stocks that are scheduled to report their earnings on 2/11/2015.
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Tuesday, February 10, 2015
What’s Next For Gold?
Since the November 2014 low, gold has gained more than 15% before the recent pullback to the 1236 level. The November low was 1130.40 and the recent high was made on 1/22/2015 at 1307.80. Looking at the recent daily price chart, it shows the price has pullback and found support near the 38.2% Fibonacci retracement level at 1221. Presently, it appears to be consolidating within the Fibonacci retracement zone between the 38.2% and 61.8%. If the price moves above the 61.8% (1255.60), then a retest of the recent high at 1307.80 (100% Fibonacci retracement) is a possibility along with the 1346 level which represents the 127.2% Fibonacci extension. The Fibonacci 127.2% is also in confluent with the 7/10/2014 intraday high of 1346.80.
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Sunday, February 8, 2015
Market Wants To Go Higher
Here is a review of the market along with the following stocks: AAPL, NFLX, GPRO, BABA, FB, TWTR, TSLA, AMZN, GOOGL, GS, BAC, XLF, XLE, CRUDE OIL (CL_F), GOLD (GC_F).
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Sunday, February 1, 2015
Weekly Stocks & Market Review - 2/1/2015
Here is a look at the market and these MOMO stocks: AAPL, NFLX, GPRO, BABA, FB, TWTR, TSLA, AMZN & GOOGL.
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Saturday, January 31, 2015
What Is The Breadth Telling Us - 1/31/2015
In this video, I will demonstrate how I use some of the market breadth indicators and how to get some clues on where the market might be headed.
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Labels:
advance decline,
breadth indicator,
ndx,
new high new low,
QQQ,
spx,
SPY,
vix
Wednesday, January 28, 2015
Magic Number For AAPL
Now that Apple has reported its earnings, I’m sure there will be numerous analysts issuing their revised stock price target for Apple in the coming days. Here is my magic number for AAPL based on my technical analysis.
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Labels:
AAPL
Tuesday, January 27, 2015
Some Notable Twitter Post -1/27/2015
In case you might have missed it, here are some of the post I've made on my twitter stream today that might be of some interest to you.
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Monday, January 26, 2015
Gold Outlook - 1/26/2015
After the recent breakout from the declining trendline and a move above the 1221 level, price of gold has risen to a high of 1307.80 before it pulls back to consolidate some of the gains. Historically, gold has acted as an inflation hedge or a safe haven asset. From recent US inflation data and the ECB concerns on deflation, the recent increase in gold prices cannot be attributed to inflation concerns. Therefore, the only other viable reason for the price of gold to rise is due to some possibility of a black swan event that caused money to seek gold as a safe haven.
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Labels:
GLD,
Gold,
gold futures
Saturday, January 24, 2015
Large Cap Tech Stock Earnings Week - 1/24/2015
In this video, we will take a look at the market along with some of the large cap tech stocks scheduled to report earnings next week, such as AAPL, FB, AMZN and GOOGL, In addition, we will take a look at GPRO, TSLA, TWTR and NFLX.
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Thursday, January 22, 2015
Another Beginning?
The US market started with some hesitation after the ECB announced its QE program today. In the afternoon, momentum starts to gather and the market finally start showing some conviction and pushed the DJIA to close with a gain of 259.70 (1.48%) at 17.813.98, the SP-500 gained 31.03 (1.53%) and closed at 2063.15, while the Nasdaq 100 closed at 4270.36 with a gain of 78.27 (1.87%), and the Russell 2000 closed at 1190.37 with a gain of 24.12 (2.07%). Today’s rally could be the beginning of the next upward move that could propel the DJIA to another all time closing high.
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Wednesday, January 21, 2015
PXLW Breakout
Here is a chart of PXLW as it is breaking out from its baseline near 4.80
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Labels:
PXLW
Chronology Of GPRO Price Action
Here is the chart depicting my recent observations on GPRO price actions.
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Labels:
gpro
Tuesday, January 20, 2015
NFLX Post Earnings Review - 1/20/2015
Here is a quick look at NFLX after it has reported its earnings. In addition, a quick recap on AAPL & BABA.
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Monday, January 19, 2015
Sunday, January 18, 2015
Gold Outlook - 1/18/2015
Here is a look at some of the potential price levels for gold.
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