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SanDiegoDave

Nov 2-6: Dow, NASDAQ Up Over 3%; Solar Almost 2%

Solar Advice for Free | November 6th 2009 by David Brands

Solar holding its own...MarketWatch reported today says a surge in GE stocks helped the DJIA go above 10,000 again after a two-week losing period. Week's end closing showed the Dow up 3.2% and NASDAQ up 3.3% while solar stocks in the 20SSI gained abo read more

mwchong

20091106 1644 DJIA EOD Daily Chart Study.

FKLI and FCPO Futures Corner - Bursa Malaysia | November 6th 2009 by mwchong

Returned of the King! Wall streets shows its supremacy yesterday with a strong march forward to closed the Dow 203.82 higher at 10005.96 leading the world major market to trade higher today. Seems like there are some lights at the end of the tunnel read more

dowlive

Dow Jones historic 10000 repetition

Dow Jones Live report | November 5th 2009

Dow Jones Live report. If the Dow conquers 10000 we will have broken a important psychological breakpoint. The first time the Dow closed over 10000 was March 29, 1999 during the Clinton bull period. The next major Dow Jones 10000+ close was December read more

FINZtv

Today’s Stock Market Commentary Per David Elliott 11.05.09

POSSE Trader's Blog by FINZ.tv | November 5th 2009 by FINZ.tv

Per David Elliott : Yesterday saw most, if not all, our upside targets hit for the Index markets as well as for our stock targets. The SP-500 and the QQQQ, both retested their 50 SMA and failed. We call that price pattern an IHF, “Ice Hole Fai read more

mwchong

20091105 1842 DJIA EOD Daily Chart Study.

FKLI and FCPO Futures Corner - Bursa Malaysia | November 5th 2009 by mwchong

The Dow advanced marginally to closed at 9802.14 up 30.23 point. Market did reacted to the Fed unchanged key interest rate announcement by hitting the high at 9928.04 but the bullish sentiment didn't last long with last hour selling activities pres read more

WeeklyTA

BEARISH / THE TRLG TRADE

WEEKLY TECHNICAL COMMENTARY | November 4th 2009 by John Lee

Yesterday's big trades were in TRLG for me. It wasn't like the day before where I absolutely killed it, but nonetheless, I managed to hit TRLG twice and profit twice. The diagram of trades taken is pictured below. The green squares are short entry po read more

mywealth

Is the Dow Over-Valued?

My Wealth.com | November 4th 2009 by Sean Hyman

  What’s The Fair Value for Dow Jones Industrial Average (DJIA)?   This week the market is all gloom and doom. PIMCO’s Bill Gross thinks that the Dow’s fair value should be 7,000.   GMO Chairman Jeremy Grant read more

FINZtv

Today’s Stock Market Commentary 11.04.09

POSSE Trader's Blog by FINZ.tv | November 4th 2009 by FINZ.tv

Per David Elliott : The market made the expected positive move for the SP-500 and QQQQ, with the DJ-30 closing down just 17 points. It was mostly a quiet choppy day for the day traders. I am still very short term, tentative, bullish. As I believe we read more

FINZtv

Today’s Stock Market Commentary Per David Elliott 11.02.09

POSSE Trader's Blog by FINZ.tv | November 2nd 2009 by FINZ.tv

Per David Elliott : Friday saw the dip we were expecting, BUT it was far bigger than I expected. Fact is it reversed all of Thursday’s market pop and making a new low for the last two weeks for the DJ-30, QQQQ, and SP-500. YM futures on the DJ read more

MoneyEnergy

Stock Market Investment Outlook November 2009

MoneyEnergy | November 2nd 2009 by MoneyEnergy

Last Friday, the final trading day of October 2009, saw triple-digit losses following the previous day’s excellent U.S. GDP numbers.  Are traders and institutional investors just taking money off the table for some profits?  Or will this be t read more

DJIA Market Wrap1 November

short-term trading | November 1st 2009

The 60-minute trend is negative according to the force index indicator. %b has printed a slightly positive divergence. Prices are testing the lower trendline of the recently formed downward channel. Finally, the long awaited correction has started. read more

WeeklyTA

WEEKEND THOUGHTS ON THE SPX, DJIA, COMP, RUT, SECTORS

WEEKLY TECHNICAL COMMENTARY | October 31st 2009 by John Lee

All indices have formed stick sandwiches or modifications of them. I am short/intermediate-term bearish and will reflect this sentiment by incorporating my primary swing strategies with the current day trading. Day trading is great and all, but I'm l read more

FINZtv

Today’s Stock Market Commenatry Per David Elliott 10.30.09

POSSE Trader's Blog by FINZ.tv | October 30th 2009 by FINZ.tv

Might I add that David has been spot on as usual. Per David Elliott : Take a picture of this last market move and reversal and attach our rational for the reversal bounce. Yesterday played perfectly into the technicals for a reversal. Today I am loo read more

uncletrader

Top called: is the global sucker rally about to end?

Temasek Hedge: An alternative view of Singapore and Asian fi… | October 28th 2009 by Uncle Trader

The bears sense blood. US consumer confidence in Oct is unexpectedly down, Sept home sales are (unexpectedly) down as tax breaks run out, VIX has just displayed a massive short term spike, and buy-call advertising flyers are covering Main Street like read more

FINZtv

Today’s Stock Market Commentary Per David Elliott 10.28.09

POSSE Trader's Blog by FINZ.tv | October 28th 2009 by FINZ.tv

Per David Elliott : Look for market lows to be tested today with potential for upside moves and a positive close from over sold market indicators. The McClellan Oscillator is now a negative 332. This is an extreme oversold signal suggesting that the read more

FINZtv

Today’s Stock Market Commentary Per David Elliott 10.27.09

POSSE Trader's Blog by FINZ.tv | October 27th 2009 by FINZ.tv

Per David Elliott : Yesterday we said, Friday’s market reversed most of the gains from Thursday. This candlestick pattern with two large red candles with a green day in the middle usually resolves to the down side at market tops. I call it the read more

FINZtv

Today’s Stock Market Commentary Per David Elliott 10.26.09

POSSE Trader's Blog by FINZ.tv | October 26th 2009 by FINZ.tv

Per David Elliott : Friday’s market reversed most of the gains from Thursday. This candlestick pattern with two large red candles with a green day in the middle usually resolves to the down side at market tops. I call it the ice cream sandwich read more

DJIA Market Wrap 25 Oct

short-term trading | October 26th 2009

The 60-minute trend is negative according to the force index indicator. %b has printed a negative divergence at the top. Prices are testing the important support of 9900. Not much has changed since last week. Prices attempted tha closure of the open read more

WeeklyTA

Rising Wedge Divergences in the Indices (And Stocktwits Charity P…

WEEKLY TECHNICAL COMMENTARY | October 24th 2009 by John Lee

What’s up, ya’ll? I was looking at the DJIA, SPX, COMP, and RUT to assess how each index compares with each other when it comes to the development stages of the “rising wedge”. First, the DJIA is in a perfect wedge. The apex is still developi read more

themarkettrend

T Theory Update… $NYAD, $SPX, $INDU and NYSE Volume Oscillator

The Market Trend | October 23rd 2009 by Kevin Watson

Looks like the pullback has already started doesn’t it The NYSE Volume Oscillator is telling us that the markets are still in the Accumulation / Cash Build-Up stage of a pullback… Not sure how long the pullback is going to continue but I& read more

FINZtv

Today’s Stock Market Commentary Per David Elliott 10.22.09

POSSE Trader's Blog by FINZ.tv | October 22nd 2009 by FINZ.tv

Per David Elliott : Our comments of sellers at yesterday’s highs, was again tested today, and found more sellers, enough to give the DJ-30 a market swing of 176 points from a new DJ high to the low. This market swing created another Key Rever read more

TheReformedBroker

Dow Slips on a Banana Peel

The Reformed Broker | October 21st 2009 by Joshua Morgan Brown

DJIA Intraday 10/21/2009 Quite a reversal.  The Dow appears to have slipped on a banana peel headed into the close. read more

FINZtv

Today’s Stock Market Commentary Per David Elliott 10.21.09

POSSE Trader's Blog by FINZ.tv | October 21st 2009 by FINZ.tv

Per David Elliott : Yesterday saw a small pullback in the markets after a new DJ-30 high yesterday. So far the markets will not accept a move down over -100. When that happens we will likely be in a market turn. On the long side I like the TSO price read more

themarkettrend

Update T Theory charts .. $NYAD, $DJIA, $SPX and Volume Oscillato…

The Market Trend | October 20th 2009 by Kevin Watson

Just standing aside waiting for the pullback to begin around 27th Oct… Not sure if we are going to continue to have a couple more down days right now but we might…  If we do it will tie in with $NYAD T Theory Lines… But the big tes read more

FINZtv

Today’s Stock Market Commentary Per David Elliott 10.20.09

POSSE Trader's Blog by FINZ.tv | October 20th 2009 by FINZ.tv

Per David Elliott : Yesterday saw little Index dip moves and a market run starting at 10:00AM. Our SOAP Sell set-up is still valid with a good market drop, that did not happen today. AAPL hit our dip target then rallied thru the close to a $20 point read more

themarkettrend

Update $NYSE Advance Decline, Volume Oscillator and $INDU

The Market Trend | October 19th 2009 by Kevin Watson

From what ( I Think) T Theory is telling us we should now start to see the market have some down days… Maybe until Thursday… Then next week after the 27th Oct we should see the market peak before a major reaction If you look at the NYSE read more

FINZtv

Today’s Stock Market Commentary Per David Elliott 10.19.09

POSSE Trader's Blog by FINZ.tv | October 19th 2009 by FINZ.tv

It is so good to have David Elliott’s thoughts on the markets again. David has been battling cancer and he will post when he can for now.  So below I have pasted David’s thoughts on the market right now. Per David Elliott : Friday saw a read more

TheReformedBroker

Comparing This Decade’s NASDAQ to the 1930’s Dow Jones

The Reformed Broker | October 18th 2009 by Joshua Morgan Brown

from The Wall Street Journal In a new He Said/ She Said piece from the Wall Street Journal, we get the above chart, which compares the last 9 years of the NASDAQ to the Dow Jones Industrial Average of the Great Depression.  Without question, there i read more

DJIA Market Wrap 17 Oct

short-term trading | October 17th 2009

The 60-minute trend during tha last hour of trading turned to negative according to the force index indicator. %b has printed a negative divergence at the top. Prices are testing the important support of 9900. The closure of the open gap would be qui read more

themarkettrend

Sold $DD for 7.09% or $530.69 profit

The Market Trend | October 16th 2009 by Kevin Watson

Sold Du Pont stocks for a 7.09% or $530.69 Profit on Thursday after I raised my stop to $34.20 My total Capital now stands @ $10,414.41 which is up $5.37% from Septembers $9,884.11 Looking at the $DJIA chart we should still see the market start to read more