Sunday, April 18, 2010

Stock Market Video - Market Outlook for Upcoming Week - 4/19/10

Hi, traders.  Here's a look at the market for the upcoming week.   After going through my scans, I was kind of torn.   Friday was obviously a tough day and I saw some damage done to individual stocks, but not enough to think that this thing is going to keep pulling back.  Heck, only the S&P closed below its 9 day moving average - the Russell 2000 and Nasdaq still closed above theirs.   What I really think this week is going to be about is news, and that always makes things tough.   With earnings coming in and now the Goldman thing, if anyone tells you they know exactly how the market will react this week, they are lying.  I think it will be choppy and because of that will likely stay in cash.   A close below Friday's lows may have me thinking about a few index shorts, however.   This is all discussed in the video. 

To see the video in HD, please click "720p" and "Full Screen" on the video bar - HD will be available after processing.






Here are the results from last week's video - these do not take into account realistic buy and sell points, just an overall look at how stocks did (for example, CAGC should definitely have had a stop around $22).

Stock Start Price  4/16/2010 G/L
BZH $4.81 $5.48 13.93%
PDO $6.10 $6.71 10.00%
PAL $4.78 $5.23 9.41%
SMCI $17.20 $17.89 4.01%
HOGS $13.14 $13.66 3.96%
OPLK $18.77 $19.38 3.25%
CYD $18.50 $18.93 2.32%
ULTA $23.20 $23.61 1.77%
GES $47.00 $47.02 0.04%
CTDC $3.05 $3.04 -0.46%
FRPT $6.17 $6.12 -0.81%
MPET $2.26 $2.23 -1.33%
XJT $4.02 $3.88 -3.48%
EBIX $16.81 $16.21 -3.57%
LIWA $9.24 $8.87 -4.00%
EGI $3.01 $2.86 -4.98%
CADC $5.35 $5.03 -5.98%
SEED $10.49 $9.86 -6.01%
CAGC $23.14 $17.97 -22.34%

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