Stock Investing

Some notes: Overnights. Asia flat. Europe is slightly up. The USA should be up slightly. 200/50 MA. Trending down 20/50 MA. trending down Support at 1650. Looks like it may go sideways. Resistance 1710. It was a flag down (big W-sideways). 68% continues down. And it did. Candlesticks. Sort of a harmi. But there is a good chance it will continue down. Profit taking. it is at the bottom third. 10:50 am. Positions: VPut 1400/1350 $ 1.80 (50 point spread). VCall 1870/1880 .30 cents. PS: what about NOV PUT? 1550/1500 is my spot. A little worried. [Read More Now...]

Some quick notes: Overnight were mixed. Asia is up, Europe is a little down. 200/50 MA. Continues to fux. Up and down. Right now down, but getting ready to cross to the upside again. This when I am thinking about a Protective Put. The cause is crosses a few times, before eventually crashing or up. 20/5 ma is uptrending. Chart. Sort of 3 white soldiers. And then doji. Downward pressure. Could reverse. Beginning of sideways? could be. a flag. Escalator? Cande. doji Positions. 1640/50 for 30 cents. And want 2100/2150 for 1.50 (but not likely). So [Read More Now...]

Some quick notes: 200/50-day moving average is up trending. Although it is crossing back and forth. This happens at significant reversal points. 20/5 day ma. is up-trending. Candlestick. Looks like bearish harmi today. Looks like 1830 for resistance and 1700 for support. Chart. a mess. Strong sideways action. Triple tops, and bottoms. Flag? Down? Longer term. Tested positions and got Update 1030am. Positions for July expirations Vcall at 2020/2030 for 30 cents. Vput 1530/40 for 30 cents. PS Summer months are slow. choppy. May 1 to Oct 31. [Read More Now...]

Notes: So looking at around 1500 or less for 30 cents. And 1950 or above. 200/50 is crossing back and forth. was un uptrend, and now a downtrend. 20/5 day moving average is positive. 3 white soldiers (candle sticks). Look for what happens on day 4 (if u don’t know what that means, get some stock education). Charting. a bit of mess. triple bottom? W pattern. Flagging longer term? So that would indicate a future downtrend (62-68 percent of the time). Paper traded, filled at 1950/1960 for 35 and 1500/1490 for 30 cents. Overnight markets [Read More Now...]

Some notes: 200/50-day uptrending. 5/20 day downtrend. The flag pattern broke to the upside. Maybe an ugly W. double bottom. Kiss goodbye? Coming? Candlesticks. Strong up candle. Looking at 1500/1550 for 2.00. and 2040/2050 for 30 cents. Positions: Vcall 2040/2050 for 30 cents (example 10 contracts). Vput 1550/1500 for $ 2.00 (2 [Read More Now...]

Hey folks. Sorry for the delay in posting today. Traded this morning but been busy with some projects and meetings. Here you go. Notes: 200/50 Day Moving Average. is crossing to the upside. HOLLY Cross. Now don’t get too excited. This happens, and then it can go down. But it could continue to increase, and we would see a rally. 20/5 is up-trending. Charting? Either longer term stair step up. or perhaps, a head and shoulders. Candlesticks. Two FAT dojis, Downtrend today. Asia is down, and Europe is down. Like a downtrend today. 10:30am [Read More Now...]

Since 1950 there is has been a pattern, that gives you a preview of how the stock market may go for the next year. It is called the January Barometer. Basic, you look the the S and P 500 (SPX), and see what it does in January. Both the first 5 days of trading and the whole month of trading. And see what that correlates too in the the past. The first 5 days of trading, give you about an 85% correlation, and 90 percent plus for the month. Therefore, if the SPX goes up in the first 5 days, 85 % chance that will be the direction for the year. If [Read More Now...]

Good morning. Trust you have a great day trading. Some notes: 200/50 Moving average.Right at the cross. Little uptrend movement right now.30/10 crossing to an uptrend. Chart. BIG W. it is right at the neck line. right hand side. breaks 2280/2300 on the way up. Flag pattern too. on the right side. 2230 and 2280 are support and resistance levels in this flag. Thinking about doing a flag trade (play both sides, if it breaks up or down). Tested a couple spots. 2440/2450 at 30 cents, and 1900/1850 at 1.60. paper test. worked. You could do 1900/1910 [Read More Now...]

Trust you are having a Merry season. So January is always an interesting. Notes and trades: Normally. I do not do a Jan Vcall because the market tends to have a big surge, in the last part of the year. That why we do the Christmas trade. Unfortunately, Dec 1-jan 15 is no uptreading (yet). That seasonal pattern has been very consistent since 1950. Tested VPUT at 1620/1610, 30 cent, all the way down to 1560/1570 all that 30 cents. And after 20 mins or so, the all filled. Pretty sure you can be sub 1600 for 30 cents. Tested 2440/2450 at 30 cents. [Read More Now...]

This is for my Credit Spread (cash flow) students. Potential trading. The overal market: Over Market economy is generally good. Some scare about delta variant.SPX January Barometer, mostly sideways. Actually 50 points up. So this should be an up year. 200/50 up trending. Broke the 50 day moving average. 30/10 down trend.Chart. Sideways. BUT look at the M (double top) pattern, with maybe the kiss good bye? Support 2200, Resistance 2250. She is getting ready to break out one way or the other. Candlesticks. up patterns. penetrating. Look at the [Read More Now...]

The January Barometer, has been fairly accurate since 1950. A tremendous history of correlation, and hint as to future direction. Basically, the J.B. has 2 parts. First, if you look at the first 5 days of trading in January, it will give you a STRONG bias as to the this years direction for the over stock market. With about a 85% plus correlation. If the market goes up in the first 5 days of trading, the market will be up for the year. If it goes sideways, then the whole year will generally go sideways. If down, then 85% plus, the market will [Read More Now...]

OK. This pattern has been around for 70 plus years. From Dec 1 to Jan 15th, the DOW JONES tends to go up on average 9 Percent. Since this is a historic pattern. We can profit from it. In Fact, I just read an article by Larry Williams, from http://www.stockcharts.com that went into more detail about the month of Dec, and addition patterns, some, winning 90 percentage of the time. But the basic pattern, can be played for success. Here is the way to play it: We are going to play an option. Options have hirer leverage, therefore we can make more [Read More Now...]

The first “candlestick” patterns, I teach are always, the hammer and doji. Find below, my cheat Flash Card for the hammer and the doji. It gives u a little more detail about the pattern. But basically the hammer and doji are a sign of reversal. Lets take a look at three possible scenarios. Down, Up and Sideways. Downtrend. If the market is moving down, and we see a hammer or a doji, that is usually a sign of reversal. See below a couple examples. Downtrend Reversals Uptrend. The opposite is true for uptrends. Generally speaking the [Read More Now...]

The major technical indicator in the Market is the 200 and 50 day moving average. If the stock or index is going up (prices), and it crosses, generally that is considered negative (the death cross). The death of the stock or index. If the after a down trend, which we had in Feb and Mar, it cross toward the bottom, and or on the way up, it is considered the holly cross. The stock or index is positive. Well recently, last couple days, the average crossed, indicating the market is on an uptrend. And hopefully, continues up. But a word of caution. [Read More Now...]

For myself and some of my trading friends, we have been anticipating a pull back and crash for a while. Many of us, having protective puts, or plans if the market goes to the dark side. The market goes down 2 times faster than it goes up. That means, you loose fast or WIN fast. If you do not know, how to play the market time to learn. Lots of folks, lost 20 percent or more in their stock portfolio. It might take 2-4 years to get that back the slow way (investing in stocks or mutual funds for growth). There are much better ways. Check out [Read More Now...]

I spent 6 years with a great financial and business mentor Charles Givens. He had over 500,000 members at one point, and did seminar all over the USA. On Oprah and dozen other shows too. He taught over 400 financial strategies. Had a couple great books. Wealth without Risk, More Wealth without Risk, Financial Self Defense and SuperSelf and SuperMind. Sound financial strategies. Originally, I believed in Mutual Funds. A no load product (which means no commissions). I really did not know much about trading. Except the concept of CANSLIM [Read More Now...]