Weekly Watch List: September 13th – September 17th

Candlestick analysis indicated obvious reversals of the indexes this week. The Dow broke down through the bottom of a wedge formation and closed below the T line. Witnessing the selling in the Dow, at the same time the NASDAQ and the S&P 500 were demonstrating indecisive trading signals in the overbought condition, produced a high probability scenario of a change of investor sentiment occurring in the markets. This provided the opportunity to start closing out profitable long positions and adding short positions to the portfolio. Join us Saturday, September 18 for a full day training on the indicators produced in candlestick charts that allow for taking profits or going short at the appropriate times. This is valuable information that can be utilized for the rest of your trading career, whether a swing trader, long-term investor, or a day trader. This information works on all time frames.

Look for the casino stocks to trade lower after strong sell signals at resistance levels,WYNN, LVS, MLCO. Retail stocks are also trending lower. DLTR, M, BBBY. The Biotech’s are showing good bullish J-hook patterns.DCPH, RCKT, ATRA, VIR, LHDX. The portfolio bias should be oriented toward the short side.


Weekly Watch List: June 28th – July 2nd

Big profit breakouts are more likely to occur when you can analyze that the market trend is remaining in a consistent uptrend. This is the result of investor confidence continuing to build up as long as there is no selling fear. This makes breakout set ups more likely to produce high profit/high probability gains. Candlestick patterns, such as the fry pan bottom/J Hook set up in SPCE was a much greater probability with the market continuing higher. Do all candlestick patterns produce big gains? Definitely not, but the probabilities of a pattern breakout is much greater when the overall market conditions do not demonstrate any investor concerns. Our training this weekend revealed a number of pattern set ups that are likely to produce big breakout moves. Watch for the Candlestick Forum Breakout Alerts


Weekly Watch List June 14th – 18th

NASDAQ stocks, while also producing weak sectors, related to the Dow index. The simple scanning techniques provided by candlestick analysis allows for identifying which stocks/sectors are going to continue their uptrends while other sectors will continue the downtrends. Currently, Biotech stocks still are producing very strong patterns, such as J-hook patterns and fry pan bottom’s. This allows the candlestick investor to have trading funds concentrated in the sectors that are obviously producing strength and short positions in sectors that are obviously week.

The lack of any major bearish sentiment in the market is allowing strong breakout set ups to perform as expected. This weekend was a mini spotlight training on identifying breakouts. This was just a prelude to our full day training on how to expect a breakout to occur and then what to do with that breakout based upon the trading results afterwards. Simple candlestick analysis allows investors to dramatically improve the probabilities of participating in big price moves. Join us June 26 for an in-depth analysis for being prepared for big breakout moves


Weekly Watch List May 24th – May 28th

The Dow traded positive on Friday while the NASDAQ back off. This makes the assessment that the uptrend remains in progress as long as the indexes continue to trade above the T line, but it still may be a choppy/sector specific market atmosphere. The Biotech’s continue to act well,HGEN, AUTL,SMMT, ATNF, KYMR, WVE. The shipping stocks are also showing strength, they can be bought on positive trading Monday,GNK, NNA, ASC, SB, DSSI. These market conditions allow for having long positions in place as well as short positions i.e. PRPL.
The uptrend should continue in the markets as long as there is not any severe reversal signals.


Weekly Watch List – May 10th – May 14th

The strength in the Dow and the S&P 500 continues to make candlestick pattern breakouts producing very good profits. The transportation index also is producing sectors creating good profits. Although the NASDAQ traded positive on Friday, it still closed below the T line as a Doji-type day. This would allow for the prospects of the high-tech stocks still maintaining good short profitability. There are a good number of fry pan bottom patterns in the breakout mode.JBL is producing a scoop pattern set up, this would imply a positive open on Monday producing a strong bullish move.

The mining stocks, gold, and silver, copper, steel, and iron, are all producing strong bullish patterns.TRQ, TGB, KL, CLF, SA, KGC. Copper stocks, FCX, SCCO, COPX.
Regional airlines are producing good bullish patterns, AZUL, GOL, FWRD, CPA. The steady market uptrend allows for simple scanning to find the strong stocks and sectors. A great learning high-tech product is our mousepad with 12 major signals. Keep the graphics of candlestick signals at your fingertips. Click here to view our mousepad product.


Weekly Watch List May 3rd – May 7th

Although the market indexes are in a sideways mode, there are still some good strong bullish sectors. However, it will be very important to see how the market indexes open on Monday. The NASDAQ, on a lower open, would be creating a Dagwood signal, an evening star signal followed by a bearish Doji sandwich, an evening sandwich. The biotech sector continues to act strong, with co-vid related stocks showing good strengthVIRX, VXRT, OCGN, FREQ, TBIO, AMTI. The medical supply sector also continues to show good bullish chart patterns CTSO, LLIT, ORGO, HEXO, MRVL, TRHC. Restaurant stocks are showing strength in RRGB, BJRI, TXRH, CHUY, OSR. Keep in mind, entering trades in strong sectors still requires witnessing strength in the overall market trend. Obviously, if the premarket futures are showing the markets are going to open much lower, you do not want to be jumping into bullish trades. We have been getting many inquiries about the Candlestick Forum flashcard sets.

The candlestick signal set and the candlestick pattern set each consist of approximately 50 flashcards. This “high-tech” product has gotten a lot of positive feedback. It allows investors to learn the signals and patterns very quickly. Try it, it will be helpful.


Weekly Watch List – April 26th – April 30th

One of the most high probability candlestick patterns is the Doji sandwich. A strong candlestick signal followed by a Doji, will usually produce another strong candlestick signal on a positive open after the Doji. The Doji rule. The market indexes continue to trade above the T-line but are still in an indecisive stage. Fortunately, this allows for identifying strong bullish candlestick signals/patterns when the overall market trend is not illustrating any strong selling. The NASDAQ appears as if it wants to form a J-hook pattern. This would imply investor sentiment would remain bullish for the next few weeks. Anticipating wave 3 of the NASDAQ trend to be equal to wave 1. The electric vehicle sector picked up some strength with Biden announcing more money going into the electric vehicle sector.


Weekly Watch List April 19th – April 23rd

Candlestick signals produce an extremely high probability result. This is based upon observations and application by the Japanese rice traders over the centuries. Join us Saturday, April 24 for a mini spotlight training on the basics of candlesticks. This information will produce a new perspective on how to identify the changes of price trends. Wouldn’t you like to be able to identify high profit trade potentials on a consistent basis? Join us this Saturday. You will get much more information than you anticipate. Click here for more information.

The market trend is easily assessed knowing what each candlestick signal and pattern illustrate. This allows the candlestick investor to be positioned in the right trades at the right time. Currently, the uptrending indexes remain above the T-line, producing strong probabilities the uptrend remains in progress. This evaluation remains in place until witnessing a strong candlestick sell signal. Knowing there is not any major change in the current trend allows for taking advantage of the high profit candlestick pattern breakouts that produce big trade results. Knowing the 12 major signals produces a huge analytical advantage, whether using candlestick analysis as your primary trading method or applying it to any trading method that you are currently using. It will dramatically improve your analytical capabilities.


Weekly Watch List April 12th- April 16th

The Dow is showing good strength in the sense that is consolidating in the uptrend, revealing the lack of exuberance coming into the markets. The NASDAQ has picked up good strength ever since the best friend signal, followed by additional gap ups, revealing excessive strength in investor sentiment. The portfolio strategy remains simple. Continue to trade the candlestick pattern breakouts, which are performing well with the lack of any bearish sentiment showing in the overall markets. This also makes for good strong profits in option trades, as revealed in our option training this weekend. The benefit of candlestick analysis is it provides clear graphics of when the bulls are taking control with excessive strength. The best place to look for strong trades is identifying the candlestick powers signals that have developed in the oversold area. This creates high probability/high profit trade set ups.

Watch the biotech’s and the medical equipment stocks. The Biotech’s are showing good strength,CARA. ATNF,MRNA, GRFS and OCGN can be bought on strength. It was pointed out by Cramer this week. Expect some follow-through with the additional exposure. The medical equipment stocks are also acting well,EYES, STKS, EKSO. Although the market indexes remain in a good uptrend, trading is still reliant on strong sectors. These are being pointed out by simple candlestick scans.


Weekly Watch List April 5th – April 9th

You can maximize profits by applying the correct option trading strategy to the correct candlestick pattern breakout. Because candlestick analysis is simple, candlestick option trading strategies are simple also. You do not have to learn difficult option strategies. Join us this Saturday for a full day training on how to apply simple option trading strategies to the appropriate candlestick pattern. You will gain some valuable insights and you will keep it simple.

The NASDAQ showed excessive bullish confirmation following the double Doji set up, an extremely high probability trades set up. It provided additional bullish confirmation by gapping up through the 50 day moving average and continuing to trade positive. This is making strong sectors excessively strong. This allows for putting all the stars in alignment. Accurately assessing the overall market trend, identifying the strongest sectors in the uptrend, and then identifying the strongest stocks in those sectors. This dramatically improves the probabilities of being in the correct trades at the correct time. This is based upon one simple indicator, normal human nature.