Archive | January, 2010
Jan 18 2010
Weekly Trend: Up Daily Trend: Up Daily Momentum: ___ Flat The day started with a weak lead from the US but finished firm as banks led the way higher after Fridays guidance from CBA. There are quite a few setups starting to form and I’ve added three new one’s tonight. Also, some existing positions are [...]
Continue reading...Jan 15 2010
15. January 2010
Weekly Trend: Up Daily Trend: Up Daily Momentum: ___ Flat The market dribbled lower almost all day at one stage being down approximately 30-pts. A few minutes from the final bell, CBA came out with a 30% increase in half year profits sending the broader market into the close with a strong bid and erasing [...]
Continue reading...Jan 14 2010
15. January 2010
Weekly Trend: __ Up Daily Trend: Up Daily Momentum: Flat We’re coming into earnings season so ensure that you check appropriate dates (we have them circled on the chart). Ideally you do not want to be holding a position over an earnings release.
Continue reading...Jan 13 2010
14. January 2010
Weekly Trend: __ Up Daily Trend: Up Daily Momentum: Flat Despite calls from some parties for a massive selloff, one that takes out the March 2009 lows, the evidence stands that price is taking a pause. looking at one of our favoured indicators, the Dow Transports, its holding itself above water and continuing to confirm [...]
Continue reading...Jan 13 2010
13. January 2010
Weekly Trend: Up Daily Trend: Up Daily Momentum: ___ Flat The raising of Chinese interest rates has placed some fundamental heaviness on the markets for the moment. Technically there are two concerns; firstly is the state of play in the Volatility Index (VIX) which was discussed last night in our Global Chart Research. The VIX [...]
Continue reading...Jan 11 2010
12. January 2010
Weekly Trend: __ Up Daily Trend: Up Daily Momentum: Up I think some small warning is now in order. This market is losing some internal momentum. Stocks that have been doing quite well all had a weak session last night. Our red alert indicator has now produced 5-red bars in succession which is a key [...]
Continue reading...Jan 11th 2009
11. January 2010
Weekly Trend: Up Daily Trend: Up Daily Momentum: ___ Up The market continues to push higher in a more relaxed manner. The more relaxed it is the better the strength can be sustained. The 5200 target we’ve been discussing for some time is now coming to fruition, slowly but surely. I mentioned in the most [...]
Continue reading...Jan 7th 2010
7. January 2010
Weekly Trend: Up Daily Trend: Up Daily Momentum: ___ Up The market struggled to hold gains today due to a number of factors. Retail Sales increased which caused speculation of further rate rises by the RBA. The A$ found a decent bid against the Euro but was only slight;y firmer against the US$. The bigger [...]
Continue reading...Jan 6th 2010
7. January 2010
Weekly Trend: __ Up Daily Trend: Up Daily Momentum: Up Still not a great deal to report. The market is in a holding pattern after being a little overextended over the last few weeks and it may even take a small breather to the downside. It has broken out but is not showing true conviction [...]
Continue reading...Jan 6th 2010
6. January 2010
Weekly Trend: Up Daily Trend: Up Daily Momentum: ___ Up On the surface not a great deal happened today, but certain sectors did explod to the upside, namely iron ore and metals. FMG, AGO and MGX were notable standouts and all have just recently broken out of ascending triangle patterns which would have been useful [...]
Continue reading...
Latest Videos
- Your Money Your Call – Jan 2009 July 11, 2010
- CNBC Trading Matters – Dec 2008 July 11, 2010
- The Chartist Overview July 11, 2010
- Long Term Trading – Growth Portfolio July 11, 2010
- Short Term Trading – US Power Setups July 11, 2010
Latest Share Trading Articles
- The Hidden Strengths of Volume Analysis (part 2) September 19, 2010In the last article I discussed two examples of how and why volume can show the changing face of supply and demand. When the order of supply and demand is change we will get a change in market direction, sometimes a significant change in trend or otherwise some degree of retracement of the prior move. [...]The Hidden Strengths of Volume Analysis (part 2) is […]
- The Hidden Strengths of Volume Analysis (part 1) September 19, 2010The power of correct volume analysis cannot be overlooked. Unfortunately the ability to read volume correctly is not readily discussed or freely available. Off-the-cuff remarks such as, “increased volume on advances is bullish and increased volume on declines is bearish” are bantered around but that’s as far as it goes. The correct use and application [...]T […]
- The Psychology of Trading September 19, 2010The most important part of investing and trading is psychology. Investing is a constant struggle where the battleground is not the market or advice given but comes from within you. You will face stress over losses, you will be in turmoil in deciding to enter or exit a position and it will place many demands [...]The Psychology of Trading is a post from: Shar […]
Digital Organics: Web Design Sunshine Coast
Phone: +617 5473 5743
Suite 1/ 21 Sleepy Hollow Drive
Noosa Heads QLD 4567
AFSL 288200
18. January 2010
0 Comments