Market Commentary

  Here is a look into the Stock Market indices & my thoughts coming into the week.  

  Slightly green week on the markets.  Even though indices are making new highs lot of momentum stocks have lost its mojo.  China stocks were one of the leading areas were spec money and hot cash was riding in but with the news in $nq we saw a lot of distribution in those names.  This …

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    Russell 2000: +2.37% S&P 500: +1.98% Nasdaq: +1.70%   Nice week for the markets. We had multiple bullish patterns play out and saw a clean breakout in the Nasdaq.  Here is a look  the indices & my thoughts for the week.  

    Nice week overall for the markets with the Nasdaq leading the way up nearly 2%.  The bulls successfully supported this past friday and we saw follow through on that this whole week.  This gives us a logical area to set stops if we see any future turn in the markets.  To get confirmation …

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[screencast url=”http://screencast.com/t/d5CBJbWLCLcx” width=”” height=””] had a great dinner on friday with one of my students bonnie! her and her husband bob were pretty darn cool!   s&p 500= -1.84% Rusell2000= -2.63% Nasdaq= -1.86   Down week for the markets.  A typical august. Seems every year we run into some snafu the last month of the …

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One of our member/student  wrote a valuable comment about sideway/choppy Market.                 I would like expand on it. Market has various stage which includes Recovery Stage, Accumulation stage , Bull Stage or Run up stage, Consolidation stage that can turn into next Bull stage  or turn into  Distribution …

Read moreRecognizing the Market's Trend and Trading Appropriately.