Stock Market Videos

stocktiger

This StockTiger.com commentary video shows several candidates for break out or short sales for at least short term gains by buying the break (or selling the break down) on good volume and closing at least some on the first day.

inthemoneystocks

InTheMoneyStocks.com breaks out the key technical analysis techniques they have become famous for. They analyze the charts on the market to showcase their technical trend line analysis, price, pattern and time values. By utilizing these methods and not using the common technical tools which almost never work anymore, they are able to call every major and minor market move avoiding Wall Street hype. InTheMoneyStocks.com looks at major support and resistance levels on the charts telling their viewers where the market will rise and fall. They talk about major rules that must be learned. In addition, they talk about a possible M-A pattern developing on the 60 minute chart. Enjoy and come get their premium daily, month, weekly and intra day expert guidance on the markets, gold, oil, us$ and stocks in their premium nightly videos, daily market reports, pro trader watch list, hidden gems and technical tactics. All included in the Research Center for just $49.99/month. Best value and guidance on Wall Street by those that avoid the Wall Street hype! RealTick graphics used with permission of Townsend Analytics, Ltd. ©1986-2009 Townsend Analytics, Ltd. All Rights Reserved. RealTick is a registered trademark of Townsend Analytics, Ltd.

thermal1

u05ikoren

Today we looked at a slight pull back in the markets as we called for in our friday video. We still believe we are in a short term (2-6 months) bull market within a longer term (5-6 year) bear market. However, since we are day/swing traders, we want to focus on the short term bull market which could provide new higher highs and higher lows. The pull back that we called for was due to GS hitting the upper resistance of an ascending channel that it has been trading in. We did not see any possibility of it trading above the resistance, especially since friday was a strong move higher for the stock, and it needed to consolidate. The same goes for BAC and WFC, which are trading down and will probably continue to consolidate downwards until they break out of their respective bull flags. The SPY is trading in an ascending channel (60 minute), but within that channel, we saw evidence of a descending bull flag channel (10 minute) that should hold the market down in a consolidation, low volume fashion for the couple of days to come. Once that channel breaks, the market will rally very strongly. Support lines of the longer term ascending channel (60 minute) should provide the initial boost for the rally. Moreover we looked at the VIX as it managed to rally above the support line, and NOT confirm a breakdown that it initiated friday. It also hit a descending resistance line and fell back down close to the support by the end of the day. GLD continued to fall down, as it fell below the support of its long term ascending channel and confirmed a break of its head and shoulders pattern. We do not believe GLD will fall lower than 70 in this short term bull market. We also look very fast as the XLF as it did not manage to confirm a break of its longer term resistance, which keeps us a little worried, as does the VIX of this rally. In the short term, a consolidation was overdue, longer term (2-6 months) we believe we will continue to rally. Tomorrow, we might see a small push higher in the morning only to reverse lower as resistance of the descending (10 minute) channel on the SPY will be hit. The SPY today found support at the 50% retracement of the april 2nd move higher. AMR had another strong day, as it continued to rally above its triangle break out price.