Sunday, August 29, 2010

Stock Market Video - Market Outlook and A List of Stocks to Watch - 8/29/10

Hi, traders - here are some videos for the upcoming week.   Part one takes a look at the overall markets.  My breadth numbers gave a "do not short" signal Friday, so I am respecting that.   The next few days should be key as the market is sitting right below heavy resistance and could breakout soon.   If it doesn't, however, I will start looking at putting shorts on later in the week.  

In part two, since my signal is telling me "do not short", I show you some of the better looking charts in the market right now.   I am not buying anything yet and even if we do breakout, I expect further resistance to come in and for the market to pullback later in the week, so I will wait.   It never hurts though having a watchlist ready to go, and that's what this is for you. 

Hope you find the videos helpful and informative.   As always, feel free to email me with questions or comments - I enjoy hearing from my readers.   Have a great weekend and good luck next 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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