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By TheStockBandit on July 30, 2010  |  Comments 1

Interview Archive with Charles Kirk

Today’s live interview with Charles Kirk of The Kirk Report was a lot of fun, and I hope you were able to join us for the discussion.

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By TheStockBandit on July 27, 2010  |  Comments 0

GS Getting Ready

Financial stocks are always on the radar of traders, and GS is usually at the top of the list.  Interestingly, this one looks like it’s gearing up for a move of its own.

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By TheStockBandit on July 26, 2010  |  Comments 0

Bidding On BIDU

When trades come along which offer potential on multiple timeframes, I always perk up.  If one timeframe doesn’t appeal to me, the other can still add to my account.

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By TheStockBandit on July 20, 2010  |  Comments 0

Intraday Extremes Offer Big Opportunities

I’m not talking about buying a “generational low” or calling a long-term top in the market. In fact, I’m not even referring to the daily timeframe here.

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By TheStockBandit on July 14, 2010  |  Comments 1

Three Pillars of Risk Management

Far too many traders struggle with this very topic, and it keeps them from surviving and from succeeding.

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By TheStockBandit on July 12, 2010  |  Comments 1

Watch for Timing Themes

As a rule, no there is no specified timeframe which I refuse to trade.  However, it is always a good practice to pay attention to developing themes in how the market is moving.

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Video Review of the Indexes 7-25-2010

Last week was potentially big for the bulls, not only in the short-term, but for the big picture as well.
We saw something happen which hasn’t happened since April - a dip was bought!  After a nice rally from the July 1st low, a pullback had set in.  But given the magnitude of that rally, there [...]

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Several Solars Set to Shine

Solar stocks are making quiet but steady headway, exhibiting some very nice relative strength. While the market is bouncing from its most recent correction low, several solars are already in uptrends, boasting higher lows and higher highs.

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Video Review of the Indexes 7-11-2010

The buyers went 4-for-4 last week with the major averages recovering what had been lost in the previous week of relentless selling.  And for a holiday-shortened trading week, the action was quite good from start to finish.

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Video Review of the Indexes 7-5-2010

The bears pitched a shutout last week, going 5-for-5 as the market continued its slide.  New correction lows were reached in each of the major averages, reminding us all of the struggle this market is having to stabilize.
Support zones have been broken, and trends remain down, but with deeply oversold conditions having emerged, a bounce [...]

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Making it Back

At this point just a short time removed from the April highs, there are no doubt many folks who were late to the party now feeling serious pain.

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Be Patient Buying Dips

Novice traders are equipped with very little useful information, as even your grandmother knows to “buy low and sell high.”
With the recent correction, many stocks now are starting to appear ‘low’ on the scale, and that’s enticing - but dangerous - to those who have been waiting for a shot at getting in.

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Technical Grade: F

Every chart should be given a grade, if for no other reason than it’ll require you to evaluate the entire situation and make a decision.  Should it be traded?  Should it be watched?  Should it be avoided?
Looking at the chart of F below, this one earns an ‘F’ on recent behavior as well.