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....


4 comments:

moltenma said...

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

Thanks again!

Marco

Anonymous said...

hi mac
do u play new stocks such as POTG?
mini-me

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.