POST FED THURSDAY – SO FAR SO GOOD
We did see a Bullish reaction in Gold immediately following the Fed decision, so let’s take a look at a few charts…
Author Archive for: Alex - Chart Freak
Entries by Alex - Chart Freak
FED WEDNESDAY JULY 26- Don’t Count Your…
Well, it doesn’t hurt to look for clues and be prepared, right? We will do that today…
What’s New? July 25th
We have an FOMC Meeting this Wednesday, and the weekend report covered a lot of the general markets and various sectors expectations. With that in mind, we will review a few of the things that took place on Monday, and then I will point out a few more stock picks… WTIC JULY 21 – […]
WEEKEND WRAP UP JULY 23
SPX – This could be a swing high, but we also saw this type pf action 5 days ago, didn’t we. Also we see that Friday ended as a reversal higher, so a confirmed swing high would need to drop below 2460, at this point. SXP WEEKLY – The SPX Longer term chart […]
FRIDAY JULY 21
Today is Friday and this week has seen a lot of trades setting up and following through. Let’s take a look at some of the action…
Thursday July 20- ENERGY NOW PERKING UP TOO
Things are really stacking up for traders and investors now. As mentioned in prior reports, and proven true on a day to day basis, Metals, Energy, Solar stocks, Precious Metals, and more are all signaling good things to come. Let’s get right into it… NASDAQ – The NASDAQ has moved higher for 9 […]
Wednesday July 19
SPX – Going long the break out is still working with a loose trailing stop, after this long sideways consolidation. The SPX held the 50sma in the recent drop.
Just Take A Look
For more than a month now, following weeks of choppiness and sell offs, I’ve been pointing out some nice set ups in various sectors. We are now seeing decent trades and some follow through, so today I want to point out an area that I think we all should take a look at…
JULY 16 WEEKEND REPORT
SPX – When we gapped up over that trend line ( Again, see April) and held above the 50sma, it was obvious that the bull market remains in tact. The SPX also experienced follow through last week. I’m not saying that we will drop soon, but that last Gap in April was filled […]
Friday July 14
We traded LABU ( XBI, IBB) in June and made some quick gains. I believe that it may be time to go biotech again. XBI – After a solid run higher from a bullish W pattern consolidation, the XBI & IBB has formed a bull flag. Both broke higher with increasing volume yesterday. This […]
