Saturday, July 24, 2010

Stock Market Video - Market Outlook, Breakouts from Friday, and Stocks to Watch - 7/25/10

Hi, traders - here are some videos for the upcoming week.   Thursday and Friday were certainly very bullish days and the action has me more bullish than I have been for a while.   In part one, I will look at the indices and discuss what I would like to see happen this week if this potential move higher is going to be something meaningful.   Let's hope it is and we can trade it successfully.

In part two, I go over one reason I am more bullish here - the sheer number of breakouts seen Friday with good looking charts breaking to new highs.   This is very easy to check in Telechart and I will discuss one way to use Telechart for this purpose in this video.   I do aim to do more instructional videos for Telechart over the next few weeks as my time allows, because I do view it as such an important and useful tool for trading.

In part three, I go over the setups I will be watching early this week - many stocks are extended right now so you have to be very careful, but hopefully if we get a little rest, we'll see a lot more later in the week.

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

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