Market

WK32: August Market Surprise

The market yesterday made a significant drop. Looks like the new high was a trap. SPY: The market broke down the 20 EMA, 50 EMA and two of the major trend lines from last year November. The next Support could be the 240 level. All of my positions stopped out. Yesterday I entered market short positions and carefully watching the [...]


David's

Updating Trading Idea: AMD

This is the time when our favorite stock idea needs an update. We are again in the green zone. The 50 EMA held the price yesterday. Moreover, the QQQ weakness was helping the fall. This is once more a nice place to buy with small stop under the former bottom. Valid profit target would be the $15.00. The uptrend is still on, the [...]



Market

2017 Summer Market Outlook

SPY Certainly, a bullish long-term trend. Lately, we had sideways down with frightful moves to the south. Last week we started a strong up move. The $250 is not so far, a really nice round number everyones dream. The EMA’s are expanding we are far away from support levels. If I would like to join the prediction business I [...]



David's

Updating Trading Idea: AMD

After leaving the green buying zone, there was six day up movement. On Thursday there was a sell-off which one could use to buy again. The movement is still intact. $15.00 is ahead of us, after breaking up that number we could expect for a surge as it was after $8.00. The green zone is still a buying zone. Is it the right time [...]


David's

Trading Idea: AMD Updated

AMD dropped with the market. Right now it’s entered the buy zone: This is the place where you enter into longs. We will see how eager everyone buying AMD, longer it is into the green zone the less interest to buy and move it higher. The stop is under the red line. Yesterday the market movement was bigger than AMD’s. [...]


Market

WK 26: Surprise

Yesterday there was a nice surprise for everyone who thought it is going to be an easy short. The first-hour erased Wednesday gains. Then it headed south with panic. But still: The triple support system holds with the magic number 2400. After that, as usual, the market was bought. Today it is Friday the happy day. When the [...]


Market

WK 26: S&P 500 Movement

As usual, I analyze the drop in the S&P500 index and it’s ETF the SPY. This is my third post so far and I will keep on whenever a significant drop will occur. Right now we are heading south to a triple support system. The first and biggest is the EMA50 than the modified up trendline from April 2016 and a horizontal [...]



David's

Trading Idea: AMD

I have traded many times, one of my favorite stock: AMD. The perfect example of an uptrend stock made 126% in a year. One can say I am emotionally attached. However, I have bought Intel processor for my PC early this year and Nvidia for a graphics card two years ago. I recommend now because it has a good setup: The red line [...]


Matthew's

Trade Idea: ALGN

Strong fundamental background with excellent product potentials. The company is expanding to Brazil this year. This stock has been listed in the medical stocks watchlist before. I like its story, so let’s see the Technicals. Birds Eye View   Price is printing a strong uptrend. There is no left side price, however, I [...]


Story

Why Greedy Goldfish?