Archives for March 2022

March 14th Daily Market Comments

Today’s positive trading puts the Dow and the S&P into a sideways trading mode. The NASDAQ is showing the least bullish indications. The T line continues to act as a relevant indicator for the overall market trend. Obviously, the lack of direction in the markets instigates more scrutiny on each individual stock chart. Watch to see where the Dow finishes today, above or below the T line.

 

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Weekly Watchlist March 14th – March 18th, 2022

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March 11th Daily Market Comments

The T line continues to be the vital trend factor. The Dow is trading positive in the NASDAQ is trading lower. The lack of convincing bullish pressure or bearish pressure in the market indexes is making having both long and short positions in the portfolio the current strategy. Utilize the individual signals and patterns for maintaining long and short positions.

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March 10th, 2022 Stock Chat with Guest Speaker Jeff Tompkins

To Download recorded sessions;

In order to download click on the link below, once on the video page you will click on the three-dotted vertical line located at the bottom right-hand side of the video player and click on “download” to save to your files.

Stock Chat – Thursday 03/10/22

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March 10th Market Wrap-Up

Japanese candlestick chart techniques incorporate a very common-sense basic aspect. Japanese candlestick chart techniques already have proven results of candlestick signals and patterns. This is from hundreds of years of observations from the Japanese rice traders identifying signals and patterns that show exactly what’s going on in investor sentiment. You do not have to have fundamental research capabilities. Japanese candlestick chart techniques are the graphics of what everybody else’s fundamental research results are producing as far as their buying or selling. Applying a very powerful trend indicator, the T line dramatically enhances an investor’s ability to identify when a signal or pattern is performing as expected. If your trading returns are mediocre because your bad trades are offsetting your good trades, candlestick analysis greatly improves your profitability. This is due to being in high probability trades a high percentage of the time. As illustrated in the market indexes yesterday, the positive trading did not produce a confirmed reversal signal. They could not close above the T line. This information allows an investor to keep from getting whipsawed out of good trades and maintaining profitable trades. Join us on March 26 and 27th for a full two-day comprehensive candlestick analysis training. This training provides investors with insights that eliminate the normal flaws of human emotions.

Chat session tonight at 8 PM ET.  Click here to register.

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March 9th Daily Market Comments

The indexes are showing a whipsaw/indecisive mode. The positive trading after yesterday’s Doji in the NASDAQ and the inverted hammer type signals in the Dow and S&P 500 provide good evidence the recent support levels in the markets of two weeks ago may be continuing to act as support. The final criteria remains the T line.

 

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March 8th Daily Market Comments

The indexes continue to show a lack of bullish presence. Crude oil is currently trading at $129. Nothing has changed in the Ukrainian crisis. Until a strong candlestick reversal signal appears in the market indexes, stay predominately short.

 

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March 7th Market Direction

Candlestick analysis is the graphic depiction of investor sentiment. Candlestick’s analysis illustrates the actual decisions made by the bulls and the bears. This is the basic premise of what makes prices move. Not fundamental analysis! But the perspective of buyers and sellers is based upon the decisions of their fundamental analysis. Candlestick analysis is the analysis of what everybody’s decisions are for buying or selling a trading entity. When you apply candlestick analysis to the overall market trend, utilizing candlestick sell signals and the T line, and then apply that same analysis to individual stocks, using the candlestick signals and the T line in conjunction with knowing what the overall market trend is doing, this provides an extremely high probability trading strategy. Currently, the market indexes continue to trade below the T line, forming bearish J-hook setups. This implies more downside is likely to occur. This makes being short in strong individual chart sell signals a comfortable way to make profits by having all the stars in alignment. Expect the market downtrend to continue until there is a major candlestick reversal signal in the indexes. Join us on March 26 and 27th for a comprehensive two-day training that will completely alter your perspective on what makes prices move. Whether you use candlestick analysis as your primary trading strategy or you utilize candlestick charts to enhance your existing trading program, you will definitely dramatically improve your trading abilities. Click here to register.

Members Chat session tonight at 7pm central. Free to Members. Not a member? Click here to join

Good Investing,

Stephen Bigalow

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March 7th Daily Market Comments

The downtrend remains in progress! This is a simple analysis as long as the indexes continue to trade below the T line. Obviously, the bearish sentiment in the markets are influenced by the Ukrainian situation. As long as there does not seem to be any change of circumstances in Ukraine, the downtrend will persist. Higher oil prices equals inflation. Stay predominately short. Long positions do not need to be bought aggressively in this downtrend.

 

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March 3rd, 2022 Stock Chat with Guest Speaker Jerry Allison

To Download recorded sessions;

In order to download click on the link below, once on the video page you will click on the three-dotted vertical line located at the bottom right-hand side of the video player and click on “download” to save to your files.

Stock Chat – Thursday 03/03/22

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