Archive | US Commentary RSS feed for this section
Feb 9 2010
Weekly Trend: __ Down Daily Trend: Down Daily Momentum: Down Yesterdays action was a little concerning as we wanted to see immediate follow through from Fridays reversal. We got the follow through today but it needs to stay the course for a week or two. I sort stocks into bearish and bullish folders based on [...]
Continue reading...Feb 5 2010
8. February 2010
Weekly Trend: __ Down Daily Trend: Down Daily Momentum: Down There is a lot of action within the setups today mainly due to the need to vigorously defend shorts after last nights strong reversal into the close and the creation of lots of Type-A Bullish Divergences. The market rallied close to 170-pts in the final [...]
Continue reading...Feb 4 2010
5. February 2010
Weekly Trend: __ Down Daily Trend: Down Daily Momentum: Down The market fell in a significant hole last night and several commentators are saying this is the ‘big one’ down. Maybe. We’re short and happy to be that way. I have updated current positions and added a few extra’s in for good measure. I’ll scan [...]
Continue reading...Feb 3 2010
4. February 2010
Weekly Trend: __ Flat Daily Trend: Down Daily Momentum: Down The market has lost its momentum completely. We’re in no-mans land. Earnings are still being released and tomorrow has the all-important Employment data release which will be heavily watched and voted on by the market. The market could swing strongly one way or other. If [...]
Continue reading...Feb 2 2010
3. February 2010
Weekly Trend: __ Flat Daily Trend: Down Daily Momentum: Down The most important thing to understand here is that the market is currently in no-man’s land. Another strong session but this is too be expected with bulls thinking a new rise is underway. It may well be, but the short term trend in our view [...]
Continue reading...Feb 1 2010
2. February 2010
Weekly Trend: __ Down Daily Trend: Down Daily Momentum: Down On intra day time frames the US indices have completed 5-waves down off their respective highs. Last nights broad based strength suggests a counter trend bounce has now commenced and should last a week or two. The bulls will be quick to jump back on [...]
Continue reading...Jan 27 2010
28. January 2010
Weekly Trend: __ Down Daily Trend: Down Daily Momentum: Down Price is currently in no-mans land. The downtrend is not firmly established yet and we feel the best action is to await a low volume bounce from which to find shorting opportunities. There are a few stocks worthy of brief bounces that could offer trades [...]
Continue reading...Jan 26 2010
27. January 2010
Weekly Trend: __ Down Daily Trend: Down Daily Momentum: Down The market tried to trade higher but was dragged down into the close. Very weak price action and further confirmation that the trend has turned south. We will only be looking at short positions until this trend position changes again. We will be focusing on [...]
Continue reading...Jan 22 2010
23. January 2010
Weekly Trend: __ Up Daily Trend: Down Daily Momentum: Down Downside follow through on heavy volume suggests that we’ve got a lot further to travel. With the daily trend now down we should only be looking at short positions over the coming weeks. We’ll be scouring the charts for opportunities in the next few days [...]
Continue reading...Jan 20 2010
21. January 2010
Weekly Trend: __ Up Daily Trend: Up Daily Momentum: Flat The news out of China coupled with earnings season saw the market give back all of yesterdays gains and some. At one stage the market was -200 but clawed back a little into the close. We’ll be taking a closer look at some of the [...]
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
- Trend Following – An Effective Strategy for your SMSF? August 8, 2010A recent release from The Industry Super Network (ISN) – the umbrella organization for industry super funds here in Australia, suggests that high embedded fees, including commissions to financial planners, is the main cause for the poor performance of for-profit retail super funds. And, according to Australian Prudential Regulatory Authority (APRA) data, the […]
- Interview with Nick Radge (by student2trader.com) August 8, 2010May 2010 Nick, tell us a bit about your history as a trader? I originally got the bug after watching someone else plot a 5 and 10 day moving average crossover system by hand. I could see how and why the strategy worked, at least in its simplest form. From there I simply progressed through [...]Interview with Nick Radge (by student2trader.com) is a post from: […]
- Share Traders – Your Top 5 Questions Answered August 8, 2010An insightful conversation with The Chartist’s very own Nick Radge 1. How do I identify a list of stocks to work with? It can be done through riding with the clean and sustainable trends. Money can be made by following big swings or trends that lasts six to twelve months in time. This is similar [...]Share Traders – Your Top 5 Questions Answered is a post fr […]
web design: digital organics
Phone: +617 5473 5743
Suite 1/ 21 Sleepy hollow Drive
Noosa Heads QLD 4567
AFSL 288200
10. February 2010
View Comments