Online Trading – Page 11 – Best Online Trades

SPY Technical Analysis

February 7, 2012November 25, 2011 by Tom

SPY technical analysis suggests that teh SPY could move swiftly down into the early October 2011 swing low. The technical price action the longer term time frames remains bearish.

sp500 Technical Analysis November 23 2011

February 7, 2012November 23, 2011 by Tom

The sp500 weakness continued today as forecasted previously. The tape on the sp500 remains weak on the short term, intermediate term and longer term price charts.

sp500 Technical Analysis November 22 2011

February 7, 2012November 22, 2011 by Tom

sp500 Technical Analysis for today November 22, 2011 shows that the market declined again on light volume and is likely to wait for the decisive move until next week.

American Ninja Stock Market Warrior

February 7, 2012September 23, 2011 by Tom

Look at the picture below, this is what this market feels like right now to me (photo from the American Ninja Stock Market Warrior Series). I feel like we are hanging right on the edge of a very steep cliff right now. There is a Pesavento index day on Monday which can lead to accelerated … Read more

Shorted the VXX

February 7, 2012August 9, 2011 by Tom

I shorted the VXX just now with short term puts at 33 and change. The VXX is likely to COLLAPSE. Not permanently but at least maybe for a day or two… it is extreme overbought and this VXX can really drop like a rock with fear easing off only a little bit… I am also … Read more

Crash or Bounce on Monday August 8 2011

February 7, 2012August 6, 2011 by Tom

My mind has been contemplating a few possibilities for this upcoming week. Certainly it is probably one of the most anticipated weeks of trading ever in the USA stock market. The world world knows about the downgrade of the USA credit rating by now, but what does this mean for the markets on Monday? A … Read more

Possible Cascading Crash Repeat Similar to 2008

February 7, 2012August 6, 2011 by Tom

I decided to look at the 2008 price decline and see how it looked as compared to the current decline phase in 2011. There appears to be some similarities. Making comparisons between precious pieces of market action to a certain degree is ‘junk science’ because 99% of the time each period has very different variables … Read more

75 Percent Down from here

February 7, 2012August 2, 2011 by Tom

I recently stumbled upon a blog posting by Peter Brandt, a technical trader who did a very long term blog posting on the major indices. I have to say that after reviewing it, it became clear to me about how potentially large the bearish possibilities are for the market. I have known about the possibility … Read more

A BOT Sell Signal Under sp500 1331

February 7, 2012July 26, 2011 by Tom

I will automatically switch to an ‘industrial strength’ BOT Short Signal if the sp500 by the 4pm close today manages to close under 1331. The preliminary sell signal would be history and the full one would be activated. A close under 1331 would activate an MACD histogram sell signal on the daily time frame and … Read more

The Untold Sp500 Story

February 7, 2012July 7, 2011 by Tom

There is a somewhat untold sp500 story that I would like to talk about in this post. It has to do with the recent correction we appear to have recently completed relative to the price advance that began on 9/3/2010.

We hit two significant price swing lows in recent months on the sp500. One of them was the March 16, 2011 low of 1249.05 and then there was a follow on higher low of 1258.07 on June 16, 2011. Both of these swing lows were within the 38.2% Fibonacci retracement zone (pretty close to it) relative to the advance from 9/3/2010.

So once again we see that the sp500 was not able to do more than a 38.2% retracement of the entire mega rally that began on 9/3/2010. This is an important fact and points once again to the internal strength and momentum strength of the sp500.