US Market analysis 19.1.2014

Volume increased during a week, but the market indexes were not able to reach new highs. It is uncertain what investors want to do. Results show that there are almost the same number of bulls and bears on the market today.

The indexes are still in bullish position and it means that I plan to make only bullish trades. Every short trade,  I made in past weeks ended in loss so I do no tplan to make any other short sell trade until indexes drop significantly.

20140119_SP500_chart_analysis_from_simple-stock-trading-com

 

US Market analysis 12.1.2014

US indexes bounced from their 20 day moving averages and keep their positive bias. But some important stocks like AAPL, NFLX or AMZN show signs of weakness so it is possible that another wave or decline could come.

20140112_SP500_chart_analysis_from_simple-stock-trading-com

 

Commodities negative

Broad based commodity index represented by ETF with a symbol DBC turned into negative mode again. I see possibility for further decline in broad commodity prices. I want to buy any commodity right now. My approach will be to find the weakest commodity and short it.

20140105_DBC_chart_analysis_from_simple-stock-trading-com

US Market analysis for 5.1.2014

Market volume is still at low levels. I expect that the most market participants will return this week starting January 6th.

Stock indexes are in orderly pullback that is very needed to allow possible new bull run up.

20140105_SP500_chart_analysis_from_simple-stock-trading-com

I will watch the action near moving averages price area to determine if the bull trend is still intact.

Actual situation – US markets

Recent pullback released a little bit of hot air from markets. Situation moved into more neutral and also significantly showed strongest and weakest part of the market.

S&P500 is in a neutral position. Price is caught in the support area of both major moving averages. The Nasdaq 100 is in a slightly better position.

Commodities have turned bearish again and Emerging Markets are nearing the support level of their current trading range.

20131215_SP500_chart_analysis_from_simple-stock-trading-com

 

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

 

 

 

 

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