Posts Tagged by trading seminars

Stock Market Outlook & Stocks to Watch – July 27

The overall outlook for US equity markets was mostly unchanged Tuesday.  Support was slighly penetrated intra-day, but closed right above it.  SPY, the S&P 500 ETF, closed down 0.37% to 133.33 Average True Range (ATR) is1.68.  This can give approximate daily extremes for Tuesday (133.84 +/- 1.68). Support for SPY is at 133.03, 132.67, 132.42 and…

Stock Market Outlook & Stocks to Watch – July 26

SPY managed to recover some of the gap down on Monday, but was unable to fully recover.  The S&P 500 ETF finished down 0.56% to 133.84. While it was a fairly action filled day, with few ranging periods (which have been the normal as of late) Monday was well within the daily average range.  Average…

Stock Market Outlook & Stocks to Watch – July 25

Friday finished basically unchanged, up slightly, with the SPY closing the week at 134.58. Resistance is close by at 134.82-134.90.  This is followed by the July 7 high at 135.70. Support is at 133.76, 133.15, followed by 132.67. Daily average range (14) is 1.63.  This can give approximate daily extremes for Monday (134.58 +/- 1.63).…

Stock Market Outlook & Stocks to Watch – July 22

“It won’t go down, and I don’t know why!”  And I am talking about the market!  Strong day Thursday, with SPY up 1.39% to 134.49.  This puts it in a pretty interesting spot.  Intra-day SPY tried to filled the gap we saw on the morning of July 11, and we closed right at the bottom…

Stock Market Outlook & Stocks to Watch – July 21

Smaller daily range on Wednesday than we have been seeing lately. No important support or resistance levels were breached. Near term support is 132.42, which is Wednesday’s low.  Support is at 131.50 followed by 131.30 (very near Tuesday’s open price).  Moving below this we begin to fill the gap between Monday’s close and Tuesday’s open…

Stock Market outlook & Stocks to Watch – July 20

Strong day the US stock markets on Tuesday, with SPY (S&P 500 ETF) gaining 1.62% to close out at 132.74. Near term support is at 131.50 followed by 131.30 (very near Tuesday’s open price).  Moving below this we begin to fill the gap between Monday’s close and Tuesday’s open with support being Monday’s close at…

Stock Market outlook & Stocks to Watch – July 19

SPY bounced off the 129.80  support level, but still finished down 0.82% to 130.60.  Support remains at 129.80 followed by 128.50.  Average True range is 1.68, which can used to approximate the price range on Tuesday from Monday’s close. ( 130.60 +/- 1.68). Resistance comes in at 131.80, with little above that until 133.20 (which…

Copper breaks out, confirming S&P

Copper has recovered and is moving with stock futures higher, confirming the stock move and indicating there could be more upside.   In a recent post I had looked at how Copper was diverging (http://vantagepointtrading.com/archives/4498).  That is off the table, at least for the moment, as copper break above its downward trendline in aggresive style…

Battle of the EUR/USD…Who’s the Winner?

Here is a longer term view of the EUR and USD relationship.  Adam provides his analysis in this video of where the pair is likely to go. What I like about this video is he demonstrates a simple way to calculate profit targets.  The method he describes I use myself in conjunction with other profit…