The pattern that the over all market and the pattern that Apple is in, are very similar. The high beta stocks (stocks that have a lot of volatility and volume) tent to move with the market and or before the market does. In this case I am following Apple very closely because I believe it will tell us where the market is going to go before the market starts moving. The bottom line is that the pattern is still intact and we are getting closer to see what the market’s direction will be.
Archive for the ‘Stock Analysis’ Category
Directional Analysis of Apple (09-01-10)
Wednesday, September 1st, 2010Nasdaq Futures and Apple doing a back test (26 Aug 2010)
Thursday, August 26th, 2010Ok so the Nasdaq and Apple are both doing a back test, and apple has closed the gap from a couple of days ago. The pattern should be complete, so lets see if the selling volume starts to come in. My bias is that it will and that we will see some major waterfall by the close today.
Apple and the Market in the Same Pattern (25 Aug 2010)
Thursday, August 26th, 2010Usually what happens when markets breakdown or breakout, is that the high beta stocks will bust the move first. In some cases the stocks will be in similar patterns that the overall market is in. This brings me to this video, where I show Russell 2000 ETF (which is compose of 2000 stocks, compared to the S&P which is only 500) and Apple being in the same pattern. Watch this video and see what I am talking about and watch it all unfold.
Learn the parameters of a Head and Shoulders pattern at this site: http://thepatternsite.com/hst.html
S&P Futures and Gold Stock Update. 19 Aug 2010
Thursday, August 19th, 2010The waterfall continues on the overall markets. No surprise here since I have had a target of around highs 600 for the S&P’s. In this video I show where the direction changed for the intra day on the S&P futures and what happens to the Gold stocks when they start catching the metal.
Stock Update (06-13-10)
Monday, June 14th, 2010Most of the stocks are in a longer term swing patterns they will be flying the soonest this correction is over. Some already have and will continue until they hit my target.
Tell signs that the back test is over (05-11-10)
Wednesday, May 12th, 2010Some times everything is easy to see, some other times you have to look outside the box before you find what you are looking for. This is one of those cases, looking at high beta equities and ETF’s I was able to see what its really going on.
Indices, Sectors, and Stocks Update (04-28-10)
Friday, April 30th, 2010This is where I see everything going to. I think that Thursdays up day was just a trap, but we wont know until Friday. And even then the possibility of a correction still there. Watch this video and see what I’m talking about and the stocks that I am following.
Two new stocks (04-16-10)
Friday, April 16th, 2010For BPOP this is a good area to start building a position, as far as TLR the lows of today should be the stop loss. By the way the CORRECTION has started!!!! The channel was broken with force and volume so 1170 in the S&P futures is my first support area and 1148 is S2.
S&P Futures, Gold, Dollar, and Stocks Update (04-16-10)
Friday, April 16th, 2010Like I had said before, nothing goes up forever. I think that we might be getting close to have a correction. Watch this video and see why. I also touch up on some of the sectors and stocks that I’m following.
Stock and ETF’s Update (04-07-10)
Wednesday, April 7th, 2010A quick look at what the stocks that I have been following are doing. The Gold and mining sector is still my favorite for the rest of 2010, but I’m also starting to like the Oil sector. Watch this video and see how the stocks are performing and What the ETF’s that I’m following are doing.