Saturday, July 2, 2011

Stock Market Video - Market Has Biggest Week in A Year, Now What? - 7/2/11

Hi traders - hope everyone is having a great Fourth of July weekend.   We saw quite a move this week on Wall Street, a move which turned all of my signals to "buy".  The key now is figuring out what to do from here.   I discuss some possibilities this week and what levels I will be watching as tells.   Since the market is on a "buy", I also go over the stocks that I will be watching closely this week on the long side as their charts look good.   Just to be prepared, I also discuss a few worrisome things I see about this move and potential shorts IF certain levels are broken.   Hope it helps you out next week.

I hope you find the video helpful and informative.   As always, feel free to email me with questions or comments - I enjoy hearing from my readers.  If you like the videos, please take a moment to leave a review on Investimonials  

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Here are fundamentals for the stocks discussed in the video....


moltenma said...

Hi Mac,
thank for your analysis.
You did yourself this nice excel sheet with the IBD data?

Thanks again!


Anonymous said...

hi mac
do u play new stocks such as POTG?

Mac said...

Thanks Marco. That is a spreadsheet that pulls the info off of websites - I just type the symbols in and it does the work. No way I could do all that research and type it out each day. I did make the spreadsheet and worked on it for a while - it turned out well. It pulls mostly from Yahoo Finance - only one piece of data (EPS rating) is from IBD.

MM - POTG doesn't come up in TC2000 for me so I don't know.

moltenma said...

Thank for the answer! I thought you did yourself, I didn't see anything so nice on the web. I will do the same for myself, thanks for the idea.
Btw I follow you almost everyday. You, chessNwine and IBD are the external 'advisors' that I listen when I evaluate the market status.