Saturday, November 6, 2010

Stock Market Video - Technical Outlook, Long Setups, and Earnings Setups - Week of November 8, 2010

Hi, traders - another strong week on Wall Street.  The video discusses the move this week and why you should always respect the trend until its broken.  I also review the breadth indicators I follow and show how the bullish signal has returned for the overall market. 

In part two, I go over some bullish setups that you should watch this week.  There are a ton of strong stocks out there right now, but most are quite extended, so it's hard to find low-risk opportunities at this juncture.  A few days of rest would likely set up many more bullish patterns.

Part three deals with stocks releasing earnings this week.  Several of the charts I like right now (that are not extended) have their earnings in the next few days so I did not include them on part two.   A lot of China names report this week and with good reports, who knows - maybe they run hard. 

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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