Learning About the Stock Market: Simplified for you.
Posts tagged 07
FocalEquity.com Stock Market Technical Chart Analysis for July 14, 2010 by Idan Koren
Jul 31st
Today we look at the SPY and talk about the fact that the SPY managed to hold that crucial 109.10-109.20 and end the day GREEN nonetheless. The interpretation is that the bulls are still in control of this market and that shorting it right here is out of the question. Idan says that he needs to see 1085 break on the SPX before considering shorting the market. He also said that buying here is too high as the market is overbought he needs a pull back to 1071 or 1060 before he can scalp long. We also look at GS and AAPL and set up some nice traders for tomorrow.
Options and Stock Market Technical Analysis for August 6, 2009 by Idan Koren
Aug 8th
Today we took profits in a lot of our puts.. XLF and SPY… The reason for taking profits right at the lows of the day, is because we are simply playing the ascending channel. With a double support region today, it seemed wise to get out of our short term trade and let the market churn on it’s own before we step back in. We still hold a short on BEN due to it’s overbought status but we are aware that the S&P can rally to 1014 (38.2% retracement) before it gives away it’s gains. If both the …
Part 1 – Options and Stock Market Technical Chart Analysis for July 30, 2009 by Idan Koren
Aug 2nd
Today I look at the SPY in more detail, explain what I think is about to happen, and even though the market did make new highs today, CNBC should stop sugar coating the bearishness which still prevails. I talk about the longer-term ramifications of this market, and where it’s poised to reverse. I point out my trades of CM and BIDU and how i took them out pretty much flat out even despite the rally and my GS trade which i timed really well to take profits on yesterday. I also look at the Dow …
Part 2- Options and Stock Market Technical Chart Analysis for July 30, 2009 by Idan Koren
Aug 1st
Today I look at the SPY in more detail, explain what I think is about to happen, and even though the market did make new highs today, CNBC should stop sugar coating the bearishness which still prevails. I talk about the longer-term ramifications of this market, and where it’s poised to reverse. I point out my trades of CM and BIDU and how i took them out pretty much flat out even despite the rally and my GS trade which i timed really well to take profits on yesterday. I also look at the Dow …
Related Blogs
- Related Blogs on Part 2- Options and Stock Market Technical Chart Analysis for July 30, 2009 by Idan Koren
- Part 2- Options and Stock Market Technical Chart Analysis for July …
Options and Stock Market Technical Chart Analysis for July 29, 2009 by Idan Koren
Jul 31st
Today we looked at the market action and call for some choppy trading into the next few days as we are forming a potential pennant formation. We look at the three positions that we have, and their prospective stops (GS, CM, and BIDU). I also look at the SPY and explain what could happen moving foward and spend a minute talking about bonds and the significance of their auction to the stock market.
Recent Comments