Sunday, July 31, 2011

Stock Market Video - Technical Outlook - "It's Tricky" - 7/31/11

Hi traders - we have a very "tricky" week ahead of us this week on Wall Street, as the debt mess in Washington continues to hang over seemingly everything and if that wasn't enough, Friday will bring us a big jobs number for July that will likely affect trading.   News-driven environments are difficult to trade for more than a few hours at a time, so I go over my game plan for the week ahead in this video.   I included some setups I will be watching but caution is certainly warranted here because it will likely be a very volatile week.

Here's the link to the earnings spreadsheet for the week - I got this information off of Morningstar's website and I hope it is more accurate than what Finviz gave the past two weeks.  There seemed to be a few dates that were off with Finviz's screener.

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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3 comments:

Anonymous said...

Great post - both general market observations and individual setup. THANK YOU! Steve Clem

Anonymous said...

seriously, observe what will dow be performed at around 11850~11900. no long positions until target hit.

mini me

Anonymous said...

oh a long legged doji! the DL 11998 serves as support for the coming two days tue and wed, if there is a minor bounce.

mini me