Archives for May 2023

May 31st Daily Market Comments

The market whipsaw is still influenced by the debt ceiling lack of negotiations. This makes the T line more relevant for both long positions as well and short positions.

 

 

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May 30th Market Direction

How do you identify the strong sectors? Candlestick charts make identifying the strong sectors relatively easy. You do not have to depend on analysts/gurus to tell you what the next up-and-coming strong sector will be. When the media starts promoting a sector, the candlestick charts will reveal whether bullish or very sentiment is confirming. The artificial intelligence stocks had strong pattern setups while the sector was being dismissed and promoted in the media. Most importantly, it was being brought to everybody’s attention. As a candlestick investor, it could be easily analyzed whether bearish or bullish analysis was in control. Will artificial intelligence stocks be a strong sector mode for a while? That’s where candlestick charts reveal when the bullish sentiment is starting to dissipate. This could be due to new companies entering the industry and more competition. Learning when to buy a hot strong sector and when to sell a strong sector allows candlestick investors to make big profits and then move on to something else. Join us on June 3 for a candlestick many spotlight training on the indicators and techniques that constantly put your trade setups in your favor. Click here for more information.

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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May 30th Daily Market Comments

The artificial intelligence stocks will the strongest profitability.NVDA there’s polling the NASDAQ in the uptrend. The Dow is having trouble getting up through the T line. This makes for a good bullish trades as well as good bearish trades in these market conditions.

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May 26th Daily Market Comments

The inflation numbers did not appear to be good but the market has rallied. The trading strategy remains the same, use the T line to remain bullish and bullish charts and staying below the T line and bearish charts. Simple strategy!

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May 25th 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, May 25th, 2023 Members Stock Chat.

at the end of the webinar Steve announced the Candlestick Forum training videos that allow you to get a much more clear indication of which stocks have the best bullish potential and the best bearish potential.

As of Today, please feel free to invest in any of my Candlestick Forum digital products at a 50% Memorial Day Discount, right now.

Download any digital Candlestick Forum product at half off here!

(Discount will automatically be applied at checkout). Again, thank you for your interest in Candlestick Forum, and may you and your loved ones have a wonderful Memorial Day weekend!

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May 25th Market Wrap-Up

NVDA has brought attention to the artificial intelligence area. this allows you to pinpoint where the strong trades are going to occur. Artificial intelligence has been getting a bad rap from the so-called experts. Artificial intelligence is going to destroy the world in their opinion. But most companies utilizing artificial intelligence for their own benefit or service companies that can provide artificial intelligence programs for a company to improve their productivity are not using it to get ready to destroy things. It’s function is to improve a company’s profitability. The market conditions have to be analyzed based upon what is moving the market indexes. The big-name stocks are what are producing a bullish trend in the NASDAQ, but the majority of stocks are drifting lower. You gain a huge benefit by being able to scan which stocks are producing the strongest bullish potential as well as the strongest bearish potential. The Dow is showing a much different trend analysis. It is been in a downtrend, trading below the T line for the last few months. Fortunately, simple scanning techniques allow for the identification of which stocks/sectors are producing the strongest bullish moves as well as the strongest bearish moves. Candlestick analysis is the purest form of visual analysis illustrating what price moves are doing.

 

Pinpoint a high-profittrades! When the NASDAQ is trading higher in the Dow is trading lower, the information built into candlestick signals allows you to identify which trades to be long and which trades to be short.

Take advantage of the Candlestick Forum training videos that allow you to get a much more clear indication of which stocks have the best bullish potential and the best bearish potential.

As of Today, please feel free to invest in any of my Candlestick Forum digital products at a 50% Memorial Day Discount, right now.

Download any digital Candlestick Forum product at half off here!

(Discount will automatically be applied at checkout). Again, thank you for your interest in Candlestick Forum, and may you and your loved ones have a wonderful Memorial Day weekend!

 

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

Good Investing,

Stephen Bigalow

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May 25th Daily Market Comments

 

NVDA has brought the attention to the artificial intelligence area. this allows you to pinpoint where the strong trades are going to occur. Artificial intelligence has been getting a bad rap from the so-called experts. Artificial intelligence is going to destroy the world in their opinion. But most companies that are utilizing artificial intelligence for their own benefit or service companies that can provide artificial intelligence programs for a company to improve their productivity are not using it to get ready to destroy things. It’s function is to improve a company’s profitability. The market conditions have to be analyzed based upon what is moving the market indexes. The big-name stocks are what are producing a bullish trend in the NASDAQ, but the majority of stocks are drifting lower. You gain a huge benefit by being able to scan which stocks are producing the strongest bullish potential as well as the strongest bearish potential. The Dow is showing a much different trend analysis. It is been in a downtrend, trading below the T line for the last few months. Fortunately, simple scanning techniques allow for the identification of which stocks/sectors are producing the strongest bullish moves as well as the strongest bearish moves. Candlestick analysis is the purest form of visual analysis illustrating what price moves are doing.

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May 25th Daily Market Comments

Although NVDA is adding strength of the NASDAQ, numerous short positions are working very well. Stay predominantly short but have stops in place. If they resolve the debt ceiling situation there will be a whipsaw action.

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May 22nd Market Direction

Accurate market analysis is greatly enhanced by knowing the signals and patterns that recur in human nature. Accurate market analysis is the first step for putting all the stars alignment. If you can analyze the overall direction of the market or specific indexes, you have a much stronger indication of which sectors/stocks are going to perform the best. Obviously the correct market analysis instigates scanning for the strongest stocks in the sectors that are performing the best. Currently, J-hook patterns are producing very high profit/high probability trades. The slow curve has expectations of strong bullish breakout moves. Being able to identify these pattern setups visually produces better profit opportunities than merely participating in uptrending stocks during an uptrending market. Candlestick patterns work just as effectively on the bearish side. As illustrated in the CROX, the dumpling top shows great prospect of the next wave starting to the downside. Candlestick charts also reveal what investor sentiment, especially those that follow a company’s history fairly closely, anticipate going into an earnings report. Simple logic dictates that if the smart money is selling before going into an earnings report, they probably know the earnings are not going to be favorable. Also, if the charts show buying going into an earnings report, the probabilities are pretty strong that somebody knows those earnings are going to be favorable. Everything built into candlestick analysis is merely common sense put into a graphic depiction. Take advantage of our Memorial day sale were all downloadable trainings are on sale for 50% off. This is a great opportunity to build up a library of chart knowledge that you can keep on your computers. Click here to view our store online.

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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May 22nd Daily Market Comments

The NASDAQ continues to trade higher, making numerous J-hook patterns continue to perform. The Dow and the transportation index continue to trades sideways. Have both long and short positions in the portfolio.

 

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