Tuesday, October 21, 2014


The $NYSI joined the $NYAD's and issued a buy signal today, the MACD is also in the process of giving a buy signal. 

My "Market Monitor" hit a new milestone today by hitting the greatest number of stocks that are up 4% for the week, 1591 out of 2904 stocks. I have it outlined in RED, as I, "THOUGHT", this was a negative, like, EXHAUSTION!
But I went back and looked at the other periods that were close to this number, and was surprised:


The green arrows point to 7/1/2013, 1369 stocks higher, 7/11/2013, 1326 higher, 9/10/2013, 1167 higher, 10/16/2013, 1332 higher, and:

2/12/2014, 1261 stocks higher. As you can see, all those readings basically appeared in the MIDDLE of the moves, and led to much higher index prices. 
Three of those occurrences were followed by three day pull backs or a sideways consolidation, which is what I will be looking for (HOPEFULLY!!), before entering.  

TRADE IDEAS FOR 10/21/2014

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Signals Click Here!

ANDE- LONG IDEA

SIX- SHORT IDEA

TRADE IDEAS FOR 10/20/2014 TJX- LONG IDEA



SBH- LONG IDEA



AVP- SHORT IDEA


CL-SHORT IDEA

LATE "IDEAS":





STOCK TRADING IS EXTREMELY DANGEROUS TO YOUR FINANCIAL HEALTH AND IF YOU TAKE ANY OF THESE TRADE IDEAS AND HAVE NO COMPREHENSIVE TRADING PLAN OR NO STOPS IN PLACE YOU WILL UNDOUBTEDLY LOSE ALL OF YOUR MONEY. I MAY ALSO HAVE A POSITION IN THE SECURITIES MENTIONED AND I MAY BE PUMPING THEM HOPING TO FIND A SUCKER TO TAKE IT OFF MY HANDS AT HIGHER (OR LOWER) PRICES.
TAKE ONLY THE OPPORTUNITIES THAT YOU REALLY LIKE AND UNDERSTAND. ALWAYS ENTER A TRADE WITH A TRADING PLAN. THE PRIMARY FOCUS IS TO FIND SWING TRADES BY USING INTRADAY SETUPS THAT HAVE A POTENTIAL TO BECOME SWING TRADES. OUR MAIN FOCUS AS TRADERS IS TO TAKE HIGH PROBABILITY AND R/R TRADES AND CONTROL OUR RISK.

CAUTION IS ADVISED!!

Want to Know the REAL Reason Why the Stock Market Turned Down?
The rout in stocks is no "jinx"
By Elliott Wave International
According to the mainstream financial experts, there are 3 key causes for the biggest stock market retreat in more than 2 years; they are: Alibaba, Ebola... and voodoo black magic (well, sort of). Read more.

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