Choosing between price targets and holding periods

9 months ago by Michael Martin @ MartinKronicle

Hey everybody. Happy Friday. Hope you’re doing well. Appreciate you being here. So get a lot of questions about how do I optimize the opportunities that I’m already in? And I think those are really good open-ended questions to ask yourself, right? They’re not yes, no questions and they already kind of presume that you’re […]The post Choosing between price targets and holding periods first appeared on MartinKronicle.The post Choosing between price targets and holding periods appeared first on MartinKronicle.

Large Cap Tech Stocks Possibly Repeating 2021 Pattern, Says Joe Friday

9 months ago by Chris Kimble @ Kimble Charting Solutions

We have spent a lot of time discussing the importance of technology stocks and how this area of leadership is a great “tell” for what’s to come. Today, we look at the Nasdaq 100 Equal Weight ETF (QQEW) and highlight why market participants should be watching right now! “The facts, Ma’am. Just the facts.” – […]

QQEW QQQ

Trading 101: Expectancy

9 months ago by Trader Mike

I've resurrected my old blog post about Expectancy

Technical Analysis Was Hard Till I Discovered This

9 months ago by Rayner Teo @ Trading with Rayner

Discover a simple technical analysis formula so you can profit in bull & bear markets—even during a recession.

The Ever-Increasing Returns of a Trade Journal

12 months ago by Dave Mabe @ Dave Mabe

I hear from a lot of traders asking various questions about how they can improve. Very often my…The post The Ever-Increasing Returns of a Trade Journal first appeared on Dave Mabe.

How to Find Post-Earnings Fades (A SwingTradeBot Tutorial)

11 months ago by Dr. Duru Diagnoses Markets @ Dr. Duru Diagnoses Markets

Today was a "day of the fade" where I saw an increasing number of stocks going quickly from excited buying after an earnings report to a mad scramble to sell and exit positions. This kind of reversal is generally bearish and suggests follow-through selling is on the way. The bearish implications are even worse when the general market is in a bullish mood.For more market narratives, hit the subscribe button and check me out at www.drduru.com/onetwentytwoStocks and indices covered: S&P 500 ($SPY), NASDAQ ($COMPQ), iShares Russell 2000 ETF ($IWM) Rivian ($RIVN), Maplebear ($CART), Veracyte ($VCYT), The ODP Corporation ($ODP), Sage Therapeutics ($SAGE)

In Defense of Short Selling

11 months ago by Steve Sosnick @ IBKR Traders’ Insight

Just as savvy investors seek to profit from finding undervalued shares, short sellers seek to profit from finding overvalued shares. Neither case involves a moral judgment, yet one is often viewed through a moral lens.

Successful Traders ALWAYS Cherry-Pick Their Setups | Trading Simplified (11.08.23)

11 months ago by StockCharts TV @ StockCharts.com YouTube Channel

Dave Landry shows his methodology in action with two open trades and explains why you must "cherry-pick" all setups and see subsequent positions through their fruition, even during less-than-ideal conditions. He also showed the recent TFM 10% sell signal and discussed what it would take for the next buy signal to trigger (next week?). He then resumed his series on the wisdom of Jesse Livermore. This week, Dave discussed how you should accept the fact that markets are manipulated and seek to get on the same side as the manipulation. He also covered a variety of other topics including why you should avoid revenge trading and the news. Here is the GoFundMe link for Charlie Kirk:https://gofund.me/ed74e781➡️ Looking for StockCharts Educational Videos? Subscribe to our StockCharts YouTube Channel where you'll find our Product Focused and Market Education videos: https://www.youtube.com/@stockcharts-com✅ Enjoy this video? Subscribe to StockCharts TV on YouTube to watch more great ...

Bulls Explode Out of Oversold Trading Conditions!

11 months ago by Dr. Duru Diagnoses Markets @ Dr. Duru Diagnoses Markets

Bulls exploded out of oversold trading conditions with a Federal Reserve meeting sitting in the middle of the trading action. Market sentiment this week sharply shifted from the seasonally bearish swoon of October to a surge in bullishness for November. I tell the story with a set of chart narratives, almost all good but a few bad. There are a few key trading lessons as well.#stockmarket #technicalanalysis #marketbreadth #AT50 #AT200 I cover the following stocks and ETFs: Tesla ($TSLA), Logitech ($LOGI), Advanced Micro Devices ($AMD), M/I Homes ($MHO), Fastly ($FSLY), iShares US Home Construction ETF ($ITB), Microsoft ($MSFT), Caterpillar Inc ($CAT), Garmin Ltd ($GRMN), Wing Stop ($WING), Nvidia ($NVDA), Informatica ($INFA), DoorDash ($DASH), Cognizant Technology ($CTSH), iShares 20+ Year Treasury Bond ETF ($TLT), Paycom Software ($PAYC), XPO Inc ($XPO), Texas Instruments ($TXN), FedEx Corporation ($FDX)

Chart Advisor:Searching for Trustworthy Breakouts

11 months ago by Contributor Author @ IBKR Traders’ Insight

The S&P 500 currently is +20% from the intra-day low on 10/13/22, now over 12 months ago.But for the majority of the advance, it hasn’t been smooth sailing. Yesterday, we talked about the plethora of large +/-1% moves that existed in 2022. The elevated two-way volatility persisted all through the first quarter of 2023.The post Chart Advisor:Searching for Trustworthy Breakouts appeared first on IBKR Campus.

Stock Market Internals Deteriorate, Generating Lower Price Targets For Indices

11 months ago by Guy Cerundolo @ See It Market

The stock market is under duress and internal breadth readings are deteriorating. Earlier this week, the S&P 500 Index closed below the MFU-3 price level of 4211, signaling the MFU-4 price target of 4079 is in play. Stock market indices don’t go down in a straight line, so I believe the index can get down […]The post Stock Market Internals Deteriorate, Generating Lower Price Targets For Indices appeared first on See It Market.

These Charts Show Decade Long Bull Market Trends Are Now in Peril | Power Charting (10.06.23)

12 months ago by StockCharts TV @ StockCharts.com YouTube Channel

Bruce Fraser reviews secular trend charts for the major indexes. These secular bull market uptrends are more than a decade in duration. They are now in peril as the indexes are flirting with potential breakdowns. Rallies in these indexes are needed soon to maintain the upward stride of the aging secular advances. Bruce then zooms in to the recent stock index price action looking at daily trends and breadth studies for clues about the present position and likely future direction of stock prices. Point & Figure studies are consulted for the potential downside price objectives of the recent declines. 00:00 Intro03:14 Dow Jones Trend Channel ($INDU) 07:22 S&P 500 Trend ($SPX) 12:09 Nasdaq 100 Trend ($NDX) 15:31 Grand daddy Of Trends NYSE Composite ($NYA) 17:40 China Fund (CHN)18:43 Breadth Indicators ($NYA200R) $NYA50R)25:00 Nasdaq Percent Of Stocks Above 200 Day MA ($NAA200R) 27:51 Nasdaq 100 ($NDX)29:17 QQQ Trust PnF (QQQ)30:58 S&P 500 Quarter End Effect ($SPX)Symbols:...

How to Use Back-to-Back Scans In Swingtradebot (trading opportunities in an oversold)

12 months ago by Dr. Duru Diagnoses Markets @ Dr. Duru Diagnoses Markets

In this swingtradebot tutorial, I demonstrate how to use a back-to-back scan to identify particularly strong trading opportunities coming out of oversold trading conditions. #technicalanalysis #AT50For more stock market narratives and to read about trading market extremes, see https://www.drduru.com/onetwentytwo

From LTCM to the 1966 Financial Crisis: The Perils of Rising Interest Rates

12 months ago by Michael Lebowitz @ See It Market

Based on some comments, it appears we scared a few people with A Crisis Is Coming. Our article warns, “A financial crisis will likely follow the Fed’s “higher for longer” interest rate campaign.”  We follow the article with more on financial crises to help calm any worries you may have. This article summarizes two interest rate-related crises, […]The post From LTCM to the 1966 Financial Crisis: The Perils of Rising Interest Rates appeared first on See It Market.

How to Not Just Survive But PROSPER During Market Downturns | Trading Simplified (10.04.23)

12 months ago by StockCharts TV @ StockCharts.com YouTube Channel

Dave shows his methodology in action by discussing his current portfolio and how he is seeing each position to its fruition. He then resumed his series on Jesse Livermore. This week, he discussed how years of experience can give you intuition, sector confirmation on trades, and paying attention to market action/reading the tape. Dave also discussed how Livermore often behaved badly, which led to frequent blowups.00:00 Intro02:18 NOT A Mystery Chart e.l.f. Beauty (ELF) 06:03 KB Home (KBH) 09:59 Open Portfolio11:51 Plan Your Trade & Trade Your Plan13:03 Wisdom Of Jesse Livermore 14:25 Livermore On Watching The Tape15:19 Livermore On Sectors/Stocks Within Sectors18:10 Stocks Not Behaving Properly23:38 Livermore Goes Fishing26:20 Dead Money???? LifeMD (LFMD)29:25 Short Selling Another Stock 29:26 Key Takeaways Access courses and receive Dave's weekly newsletter: https://www.davelandry.com/members/https://davelandry.com/stockchartshttps://davelandry.com/contacthttp...

How to Trade (Essentially!) Oversold Conditions

about 1 year ago by Dr. Duru Diagnoses Markets @ Dr. Duru Diagnoses Markets

In this episode of #stockmarket narratives, I use #technicalanalysis to demonstrate how to trade oversold conditions. Right now, the stock market is essentially oversold with market breadth (#AT50), the percentage of stocks trading above their respective 50-day moving averages (DMAs), closing below 20%. I use #swingtradebot to find candidate stocks to buy on an oversold bounce in the coming week.Read https://drduru.com/onetwentytwo/t2108-resource-page/ for more details on trading market breadth signals.

Why It Is Important to Clean Out Watch Lists for Trading Stocks

about 1 year ago by Dr. Duru Diagnoses Markets @ Dr. Duru Diagnoses Markets

In this trading tutorial, I cover the importance of maintaining your watch lists. I use #swingtradebot in this example. I review and explain why a particular stock pattern stays on or comes off the list. At the time of recording the stock market is essentially at oversold conditions, so my focused list is getting me ready to pounce on what I think are some stocks that will benefit most from a short-term market rebound.Read here for more details on the current oversold conditions: https://drduru.com/onetwentytwo/2023/09/24/oversold-trading-awaits-the-market-breadth/#stockmarket #technicalanalysis #AT50

Situational Awareness while Trading

about 1 year ago by Marcel Duarte

If you're going to actively trade stocks, I suggest working on high quality Situational Awareness (SA) questions.

Deep Dive Into Stop Losses, Volatility Hacks, and Bullish Rotation | The Final Bar (09.15.23)

about 1 year ago by StockCharts TV @ StockCharts.com YouTube Channel

Host David Keller, CMT drops a special all-mailbag episode of The Final Bar, including viewer questions on using Average True Range for stop losses, stocks vs. bonds, India's test of all-time highs, and best practices for price volatility.00:00 - Intro00:54 - Q1: If the economy is changing to a world where stocks and bonds travel in the same direction, how would you use technical analysis to identify this change? 06:07 - Q2: What is going on with the weekly Put Call Ratio?09:01 - Q3: How do you use ATR as a stop?12:21 - Q4: Why are pennants and other reductions in volatility expected to resolve in big moves? 14:46 - Q5: Would you agree that “technical signals lack reliable predictive value because they don’t account for modern market rules?”18:55 - Q6: How do I add the Fibonacci scale to a chart?21:21 - Q7: Is the PEG ratio embedded somewhere in the StockCharts system?24:38 - Q8: Do you ever use monthly or quarterly candles?29:57 - Q9: India just hit another ATH - is it t...

Cap Weight vs Equal Weight Divergence, Sending Sell Signal Warning Signal?

about 1 year ago by Chris Kimble @ Kimble Charting Solutions

We often watch the performance of cap weighted indices versus the equal weight counterpart. Why? Because divergences in performance often signal market turns. Today is no different as we display the performances of the S&P 500 cap weight index versus the S&P 500 equal weight index. And, as you can see, there is a wide […]