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March 30th, 2023 Stock Chat with Stephen Bigalow

To Download recorded sessions; In order to download, click on the link below. Once on the video page, you will right-click on the video player and click on “save video as” to save to your files. Thursday, March 23rd, 2023 Members Stock Chat. … [Read More...]

breakout trades identified March 30th Market Wrap-Up

Breakout trades produce profitable results when utilizing candlestick patterns. Breakout trades can be anticipated knowing what the expected result of a candlestick pattern should produce. Currently, the market indexes continue to show bullish strength, with the Dow likely to test the 50-day moving average. This may take a day or two but provides the evaluation that bullish trade breakouts will likely produce good profits over the next few days. Witnessing candlestick signals at breakout levels provides profitable insights into the strength of investor sentiment. It alters the perspective of chasing stocks versus knowing when to buy a new powerful price trend. Fortunately, the candlestick forum provides chat rooms that identify when breakout patterns will likely occur. An additional benefit of the chat rooms is expediting the learning process of the effectiveness of candlestick signals. Simple scanning techniques allow for identifying which stocks/sectors will perform the best in an identifiable market trend. Currently, the gold stocks and the artificial intelligence stocks are producing good consistent profits. This is a process of the candlestick charts putting investors' funds in high-probability trade situations. https://youtu.be/ohcLzZtTev4 Chat session tonight at 8 PM ET. Click here to register. … [Read More...]

March 28th Daily Market Comments

Be careful. There is not a lot of bullish strength being revealed in the Dow, even though it is trading positive. The NASDAQ is trading lower and the S&P 500 is showing indecisive trading at the down trending channel. Any bullish positions should be showing good compelling uptrends. Be prepared to add to short positions or maintain cash positions.   … [Read More...]

March 27th Market Direction

The best candlestick breakout patterns are easily identified. The best candlestick breakout patterns reveal the strongest price moves even when the overall market conditions are relatively lethargic. Although the NASDAQ is in a slow uptrend, candlestick breakout patterns provide investors with an opportunity to participate in the strongest profit moves. The market indexes continue to reveal a lack of sentiment either bullish or bearish. There is still a lot of hesitation about interest rates, Russia/China collusion, the bank crisis, etc. The lack of a strong indication of bullish sentiment while the indexes still are maintaining a steady downtrend, not able to get back up above the downtrending resistance level, creates conditions that any negative news can send the market down again. Take advantage of the information built into candlestick analysis. The candlestick breakout patterns produce extra probabilities that a price move not only is going to move in a specific direction but move with great magnitude. https://youtu.be/MDJDQo6UqFk Members Chat session tonight at 7pm central. Free to Members. Not a member? Click here to join Good Investing, Stephen Bigalow … [Read More...]

March 27th Daily Market Comments

Today's positive trading makes the market indexes still in a indecisive trading mode. The NASDAQ remains in a slight uptrend but with indecisive/Doji trading days. Remain cautious, any bullish positioning should have strong compelling charts. Otherwise, be more attentive for the downtrending motion of the Dow and S&P 500. … [Read More...]