tradeable bounce
« Previous EntriesStock Market Indexes Reach Resistance Level and Stock Price Improvement Stalls
Wednesday, March 26th, 2008Stock market indexes reached a well established resistance level today and stock prices retreated somewhat on relatively quiet trading.
A weaker-than-expected drop in orders of big-ticket items didn’t help stock prices. But at least that snippet of economic news didn’t cause a complete route of the stock market indexes like it might have done a week […]
Stock Market News Contributes to a Bullish Tradeable Bounce - How Far Can This Go?
Monday, March 24th, 2008Good stock market news - or at least unexpected positive news on the number of home sales combined with a bullish offer for bankrupt Bear Stearns carried the stock market to it’s second winning day out of two.
Do two up days in a row on unexpected stock market news mean this is a great time […]
Increasing Evidence The Stock Market Is Creating An Intermediate Term Bottom - Find Out How To Make Money In This Environment
Wednesday, March 19th, 2008Evidence is increasing in the stock market that recent price action could be creating an intermediate bottom that could lead to a tradeable bullish bounce.
Recent strength in several market groups that helped pull prices down last year are displaying increasing relative strength over the recent weeks. These groups include the transports, retailer, homebuilders, small and […]
Stock Market Looks for a Bullish Breakout
Monday, February 25th, 2008It has often said that the stock market will always act to make fools out of the greatest number of people.
It appears that the breakout from the symmetrical triangle I have spoken about frequently may be to the upside - not the downside as many (including me) had been expecting.
Readers of this web-site will appreciate […]
Have Stock Prices Reversed The Bearish Trend Or Is This Just A Rebound In A Bear Market?
Saturday, February 2nd, 2008Two interest rate cuts in as many weeks helps stock prices rebound sharply this week.
But is this a reversal of the bearish trend that started in 2008 or is this just a bounce in a longer term bear trend?
We won’t know for certain until the market tells us what to do, but for now we can […]
Big Stock Market Players Resume Tactic of Selling Into Strength
Friday, January 25th, 2008Yesterday I wrote a post that discussed a foundation for a tradeable bounce and because of that analysis I recommended taking long positions in this market.
Painfully obvious in today’s trading action was that the big players in this market have resumed their stance of selling into any scrap of strength.
Click on the chart below and […]
Stock Market Creates a Foundation for a Tradeable Bounce
Thursday, January 24th, 2008In the market today, advancing issues led declines by 1.7 to one - always a good sign when building a rebound foundation. All the indicators I watch were positive so we decided to take some positions in this short-term rally.
Subscribers can view our market posture, watchlist and trades on the Subscribers pages. You’ll need a […]
Stock Market Does Turnaround of 600 Points - aka, what is that green stuff on my charts?
Wednesday, January 23rd, 2008The stock market made a miraculous turnaround of 600 points today creating another trading pattern that usually builds a foundation for a stronger rally upwards.
On a day of very little news many stocks have shown strength in the indicators. In a flat or uptrending market I’d not have any difficulty taking long positions based on […]
Smart Investing Sometimes Means Just Knowing When To Be In - Or Out Of The Stock Market
Thursday, January 17th, 2008And right now is not a time to be long - or take new short positions - in the market. This is a time to stand aside and let the market find a bottom - it’s too late to short. Getting caught in an explosive short squeeze while stocks are this significantly oversold is a bad […]
MOS - Mosaic Co - Stock Trade Analysis
Tuesday, January 15th, 2008For this Tuesdays Stock Trade Analysis I want to go through the best position on the recent 5 day bounce trade.
If you recall from this post, Stock Market Bounce or Suckers Rally, I was cautious about taking positions in this market and in fact only invested 50% of the model portfolio. After all was said […]
