Author Archive for: Alex - Chart Freak
Entries by Alex - Chart Freak
Tuesday September 25th
We have only had 1 trading day since the weekend report and with the FOMC MTG on Wednesday, not much has changed, but one sector did seem to catch fire on Monday . We will talk about that...
Enjoy The Ride, But Remember The risk
After a quick review of the Markets, we'll discuss some new stock picks in various sectors and also our risky high fliers that have really been giving us a lift. As the Theme Title says, 'Enjoy the Ride , but Remember the Risks'.
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SPX #1 - Likely the upside target before a drop into that dcl. Train Kept on rolling...
September 20th
Yesterdays report actually had 46 charts in it, and the ones prior to it had many stock picks as well as the market review too. This is an important report, so I want to keep it a bit shorter than the past reports, to keep it simple. It has 23 charts ( Edit: Plus 2, I just added 2 more) 🙂
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DJIA - We see follow through in the break higher by the DJIA. This is bullish, but..
9-18 -18 Falling Into Place
SPY FROM FRIDAY - We had a double top and divergence in the MACD ( And RSI), so it looks like it wants to pull back. It looks weak here on a daily, and I’ve been expecting a drop soon to a dcl or even an ICL
Sept 14th – A Little Choppy
When the markets are choppy and seem a little indecisive, it can be hard to make money consistently. It becomes a stock pickers market, where some stocks are doing well, others may be struggling. Various sectors of the markets are currently a bit choppy, so we'll discuss that here on this Friday, the last trading day of the week...
NASDAQ - After last weeks sell down, the NASDAQ landed above the 50sma and at this point that level has held as support, but it has been choppy here this week.
9-13-2018 Oh Please!
If I could ask for 1 wish pertaining to the markets, that I thought would benefit many people, it would be...
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QQQ - At this time, the 50sma is still holding up the QQQ as support again. The markets sold off on Wednesday , but fought there way back again. Volume is heavier on the downside than the upside, so it needs watching.
