Sunday, August 8, 2010

Stock Market Video - Market Outlook and Setups for the Week Ahead - 8/8/10

Hi, traders - here are some videos for the upcoming week.   Part one takes a look at the overall market - the big caps are leading and the small caps are lagging - not what I look for in a perfect market but it is what it is.   The setups look like potential breakouts - the question I have is whether those breakouts will reverse like so many individual ones have done recently.   We shall see this week - it's the middle of August so trading will likely be even choppier than normal.

In part two, I go over some setups - if you are going long, I think the key is to anticipate breakouts and then sell into them.  Until the market proves that breakouts will follow-through, I am done buying them, as hard as that is to do.   I still see many individual stocks acting "weird" and will take this into consideration as I watch these setups this week.  As always, check earnings dates before buying anything.

Hope you find the videos helpful and informative.   As always, feel free to email me with questions or comments.... and I encourage you to check out the promotion for four free online trading seminars being run by one of my sponsors - no credit card required.   Might be worth a look over the next few days - click here for more information and to sign up.

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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