Emerging markets analysis

The situation in emerging markets is not clear. The broad based ETF EEM moves in a trading range. Detailed analysis of individual markets shows that you can find some bullish picks and also bearish picks.

20131208_EEM_emerging_markets_ETF_chart_analysis_from_simple-stock-trading-com

Stock market analysis

The situation is bullish on US stock markets. S&P500 starts new move up after a small and healthy pullback

All short trades I did in the previous four weeks ended in a loss. It is not a good time to short any stock in this stock market situation. I plan to do only bullish trades with stocks and sector based ETFs

20131208_SP500_chart_analysis_from_simple-stock-trading-com

 

 

 

 

ETF watchlist – 8.12.2013

Bullish ETFs: SMH, IBB, XBI, IAI, IAT, IHF, IHI, IYH, IYJ, IYK, KRE, PPH, SPY, NIB, CHIQ, EWH, EWM, FXI, GXC, HAO

Bearish ETFs: COPX, GDX, GDXJ, ICF, IYR, MORT, SIL, TAN, DBA, DBB, DBP, SLV, EPHE, EWS, IDX, THD, BRF, ECH, EPU, EWZ, EWI, EWO, EWQ, TLT, IEF

CSC breakout trade setup

I have CSC in my watchlist. I like the base it has formed with clear resistance at the 54USD. I want to buy it above 54.30 with stop at 53.30 and target under 60 (59.50)

20131206_CSC_chart_analysis_from_simple-stock-trading-com

I opened a small aggressive bull position already at current levels.

 

STX trade setup

STX offers a possibility of new breakout above the 50 USD level. My setup parameters are :

entry at 50.75, stop 49.60 and target area near the 55 USD

 

20131204_STX_chart_analysis_from_simple-stock-trading-com

 

I like CHKP

I like CHKP. It moves slowly in a rising trend after breakout of the 60 USD level.  I feel it can go up to the 65USD as a first target and 70 as second target. I entered the first part of the position yesterday and will add above the 62.50 USD.

20131204_CHKP_chart_analysis_from_simple-stock-trading-com

SAPE bullish breakout stock trade setup

I have noticed nice consolidation on the chart of SAPE. Breakout above the 16 USD level could initiate strong multi week rally to much higher levels. My initial setup is to buy above 16.15 USD with a stop loss under 15.80 and target at 19.30 USD

20131130_SAPE_chart_analysis_from_simple-stock-trading-com

20131202_SAPE_chart_analysis_from_simple-stock-trading-com