Archives for March 2023

March 20th Market Direction

Stock market fears such as the bank crisis, interest rate concerns, or Russia/China aggression can produce good profits. Stock market fears will be reflected in sectors that act as a hedge, gold stocks, bitcoin stocks. The graphics of candlestick analysis make it very easy for investors to identify which sectors will act bullish during stock market fear situations. The instant identification of where money is moving to and from allows the candlestick investor to apply high probability/high profit option trade strategies. A major advantage of candlestick charts is identifying what investor sentiment is actually doing, not conjecture, not speculation, but what investor sentiment is indicating right now. Join us Saturday, March 25 for a full day training on how to take advantage of this information with the appropriate option strategies. Click here to register. Each candlestick formation reveals what the expected results will be of a price move. This makes assessing the appropriate option strategies that will help maximize profitability while at the same time mitigating risk. You will gain some insights that allow you to move much more quickly into profitable trades.

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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Weekly Watch List March 20th- March 24th, 2023

Bank crisis profits are big when utilizing candlestick signals and patterns. Bank crisis profits illustrate the probability factor of candlestick charts. Recognizing when a stock/sector is starting to roll over based upon bearish candlestick chart patterns, such as a bearish dumpling top/very slow curve chart setup, allows the candlestick investor to identify where to be in a profitable short trade at the correct time. Do all candlestick chart patterns produce huge profits? Not, but they put you in the correct trades at the correct time giving candlestick investors a much bigger probability of being in substantial profit trades. How long will the selling occur in the banking sector? Candlestick charts, especially utilizing the 10-minute chart in many of the banking stocks that have sold off hard, provide a much more clear evaluation of what the price moves are continuing to do after being slammed into the oversold area. The information built into candlestick charts provides a much more accurate read of what is occurring in investor sentiment on any time frame. The banking crisis, in addition to interest rate concerns, produce a market environment where the bears are likely to still be in control. The T line confirms the market trend. The downtrend has been producing strong bearish trade profits. Join us Saturday, March 25 for a full day training on simple but logical option trade strategies applied to the appropriate candlestick signals and patterns. This information dramatically reduces the guesswork when applying option trades during price moves.

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March 17th Daily Market Comments

The T line has shown resistance further the Dow, it is acting as support on the S&P 500 and the NASDAQ is trading well above the breakout level of the downtrending trend channel. This is putting the markets in a transition mode. Be very select as far as bullish and bearish candlestick pattern set ups.

 

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March 16th, 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 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 03/16/23

 

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March 16th Market Wrap-Up

A stock market reversal is much more easily identified when utilizing candlestick signals. Today’s stock market reversal was demonstrated after the Dow formed three indecisive trading/Doji days in the oversold condition. Although today’s positive trading in the Dow did not close above the T-line, the NASDAQ and the S&P 500 closed above resistance levels. Gaining a much more accurate perspective of the change of investor sentiment allows the candlestick investor to utilize pattern buildups such as the fry pan bottom pattern. As demonstrated in the AMD chart, the fry pan bottom pattern was enhanced with the stock market reversal. The stock market reversal was likely the relief of a bank crisis expanding. Today’s candlestick signals would imply at least a bounce to the upside. However, the overall market trend is likely to be influenced by additional information regarding the Fed increasing interest rates and inflation expectations. Fortunately, as an investor, you do not have to analyze what each action may do to the market trend. The candlestick charts will reveal what investor sentiment is doing. Join us Saturday, March 18, for a full-day multi-speaker symposium at the candlestick forum. Click here for more information. This allows investors to analyze professional traders’ trading strategies side-by-side to get a more comprehensive analysis of which strategy best fits their trading nature. Also, join us on March 25 for a full training day on the appropriate option strategies with specific candlestick signals and patterns. This will give you insights as to how to utilize option strategies with much more clarity.

 

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

 

Good Investing,

 

Stephen Bigalow

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March 15th Daily Market Comments

The T-line continues to act as the ultimate indicator. And today’s gap down in the indexes below yesterday’s open demonstrates a very strong downward trend confirmation. The downtrend may be due to bank crisis or interest rates concerns, but there may still be a more ominous factor. The markets seem to know when something negative may be ready to occur in worldwide events. Stay short.

 

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March 13th Market Direction

Is there a bank crisis? Could a bank crisis escalate? The answer is not important!. The analysis of what the market thinks the results will be is the important factor.

With the Fed raise interest rates at the same pace, or will they slow down the rate of rate hikes? That is not important! Candlestick analysis reveals what investor sentiment is doing based on all the possibilities. Fortunately for the candlestick investor, candlestick patterns such as the dumpling top provide a precursor for what investor sentiment is likely to be doing. The strength of a downtrend from a dumpling top allows for preparing for the next good trade setup. As an options trader, this information produces a high probability of expected results. Candlestick analysis indicators confirm the current market downtrend. The bearish candlestick patterns remain in effect with the additional confirmation of the indexes continuing to trade below the T line. Take advantage of this information. It allows investors to maximize their profitability by utilizing the appropriate options at the appropriate times.

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 13th Daily Market Comments

Today’s positive trading appears to be relief that bank failures might not be spreading concern. However, there is not a reversal of the downtrend. It will be important to see how the markets close today.CVNA can be shorted if it trades back down through today’s open. W can be shorted if it trades down through today’s open.

 

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Weekly Watchlist March 13th – March 17th

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March 10th Daily Market Comments

The downtrend continues. The jobs report did not show any information that would have changed investor sentiment. Use the strong sell signals/patterns to take advantage of the current downtrend.

 

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