Chart Swing Trader

Today COULD Be the Start of Something, But Bulls Still Have Much Work to Do

mac_rmm@chartswingtrader.com (ChartSwingTrader) — Wed, 23 May 2012 23:51:00 +0000

If you read my weekend post, I said that most bounces that occur from extreme oversold conditions usually see a big push higher, followed by some heavy selling to test the bulls, and then some choppy trade sideways, with an occasional new rally instead of the sideways chop. I expected...

For the full article, please visit my website by clicking on the article title above.

Guess What - We're Oversold. Now What?

mac_rmm@chartswingtrader.com (ChartSwingTrader) — Sun, 20 May 2012 03:22:00 +0000

After five straight losing sessions on Wall Street (three of which were more than 1%), the buzzword for all traders right now is "oversold". You have probably read several articles or blog posts already this weekend discussing how oversold this market is, and yes, there is no doubt we...

For the full article, please visit my website by clicking on the article title above.

Stock Market Video - Outlook for Week Ahead - "Is Obvious Now Contrarian?"

mac_rmm@chartswingtrader.com (ChartSwingTrader) — Sun, 13 May 2012 16:27:00 +0000

Hi, traders - I know I haven't been writing much or doing many videos at all recently, but there is a good reason. We are in a very weak market at the moment and because of that, I haven't been trading much at all. All evidence I see points to a market that can very easily go...

For the full article, please visit my website by clicking on the article title above.

A Trading and Life Update

mac_rmm@chartswingtrader.com (ChartSwingTrader) — Sun, 06 May 2012 17:47:00 +0000

As you may (or may not) have noticed, I haven't written for about three weeks now. Two main reasons for that one - one market-related and one life-related. First, let's talk about this market. To put it bluntly, it sucks. Sucks for bulls and sucks...

For the full article, please visit my website by clicking on the article title above.

Stock Market Outlook for Week Ahead - "Bears in Control for Now, Cash is King"

mac_rmm@chartswingtrader.com (ChartSwingTrader) — Sun, 15 Apr 2012 13:16:00 +0000

Sorry for the lack of posts the past week or so - I have had to deal with some fix-it issues around the house due to a small sewage backup (fun stuff) and haven't been trading much over that time. To be honest, however, a lot of my lack of trading has been dictated by this market. ...

For the full article, please visit my website by clicking on the article title above.

"Bullish Until Proven Otherwise" - Outlook for the Week Ahead and Eleven Setups To Watch

mac_rmm@chartswingtrader.com (ChartSwingTrader) — Sun, 01 Apr 2012 16:49:00 +0000

Hi traders - here's my outlook for the week ahead. Hopefully you caught some winners this week - two stocks I highlighted both Sunday and Monday of last week were EPAM and TNP and both acted great this week. Unfortunately, I missed both as EPAM gapped up on earnings and TNP because it...

For the full article, please visit my website by clicking on the article title above.

"As Good as It Gets" - Market Analysis and Setups for Tomorrow

mac_rmm@chartswingtrader.com (ChartSwingTrader) — Tue, 27 Mar 2012 01:40:00 +0000

You can't ask for anything more from the bulls than what they did today. Today's move was what I was hoping on Friday when I was talking about the bulls "stepping up", but a day late is no big deal I guess. With the Nasdaq, S&P, and Russell all moving to new highs for...

For the full article, please visit my website by clicking on the article title above.

Stock Market Videos - Overall Market Outlook and Setups for the Week Ahead - March 24, 2012

mac_rmm@chartswingtrader.com (ChartSwingTrader) — Sat, 24 Mar 2012 15:17:00 +0000

Hi traders - here are two videos for the week ahead. Part one of this video takes a look at the overall market and where we are at heading into next week. I also look at my current positions and some of the names I shared this week on the blog. Part two goes over the long setups I am...

For the full article, please visit my website by clicking on the article title above.

Setups to Watch For Friday - Still Bullish But Bulls Better Step Up Soon

mac_rmm@chartswingtrader.com (ChartSwingTrader) — Fri, 23 Mar 2012 00:20:00 +0000

We saw some selling today on Wall Street, but I didn't really see that much damage done when I went through my scans. Therefore, I am still thinking of this for now as a rest/small pullback. However, we did see the S&P close below its nine day EMA and the Russell close below both...

For the full article, please visit my website by clicking on the article title above.

MId-Week Market Update - Still Long But a Few Worrisome Signs

mac_rmm@chartswingtrader.com (ChartSwingTrader) — Wed, 21 Mar 2012 21:54:00 +0000

We saw a mixed market today on Wall Street - choppy trade most of the session but a dip late put the S&P slightly in the red while the Nasdaq finished slightly positive. There was no real damage done that I see and as long as the indices continue to hold their nine day EMAs, then I...

For the full article, please visit my website by clicking on the article title above.

Market Outlook and Setups For Week Of March 19, 2012

mac_rmm@chartswingtrader.com (ChartSwingTrader) — Mon, 19 Mar 2012 01:37:00 +0000

Hi traders - sorry for the late post but I had a busy weekend working on some household projects. Friday was a nice calm day which is a positive with a market that has been up seven out of the past eight sessions (for the S&P, including Friday). I do think the market could use...

For the full article, please visit my website by clicking on the article title above.

Some Thoughts and Long Setups for Tomorrow - 3/15/12

mac_rmm@chartswingtrader.com (ChartSwingTrader) — Fri, 16 Mar 2012 02:12:00 +0000

Hi traders - I had a few short videos for you but could not get them to upload so I will just post some charts below and leave some stuff out. I don't know about anyone else, but for me, the past two days have been a struggle even though the market has advanced. Coming off of...

For the full article, please visit my website by clicking on the article title above.

"Bullish as Bullish Can Be" - Market Outlook and Setups for Wednesday - 3/13/12

mac_rmm@chartswingtrader.com (ChartSwingTrader) — Tue, 13 Mar 2012 21:36:00 +0000

Today was about as bullish as bullish can be. It was kind of a weird session early on (at least in my opinion) because the stocks I was watching just wouldn't do much(LNKD for example), and the ones I did see move were putting in reversals even with the overall market moving higher...

For the full article, please visit my website by clicking on the article title above.

Stock Market Video - "Outlook for Week Ahead - Neutral Early, We'll See Late" - March 11, 2012

mac_rmm@chartswingtrader.com (ChartSwingTrader) — Sun, 11 Mar 2012 14:38:00 +0000

Hi, traders - here's a video for the week ahead. I did a video this week simply because I don't see many setups out there at this juncture (being up three days in a row) and I think there are a lot of mixed signals out there that make predicting where we go from here early next week difficult...

For the full article, please visit my website by clicking on the article title above.

Saturday Setups and Outlook - A Very "Iffy" Market - 3/3/12

mac_rmm@chartswingtrader.com (ChartSwingTrader) — Sat, 03 Mar 2012 14:17:00 +0000

Hi, traders - here's the outlook for the upcoming week. If you look at the charts of just the Nasdaq and S&P, you probably wouldn't be too worried about the overall market as both continue to ride their nine day EMAs higher. If you look closer, however, you can see some...

For the full article, please visit my website by clicking on the article title above.

Cautious Here But Still Seeing Setups

mac_rmm@chartswingtrader.com (ChartSwingTrader) — Thu, 01 Mar 2012 22:12:00 +0000

The past two weeks have not been kind to my account as I have been caught in many whipsaws and stocks in general just have not acted as well as they did through most of January. I think there are several reasons to be cautious here. The type of sell off we saw yesterday in gold...

For the full article, please visit my website by clicking on the article title above.

Saturday Morning Setups and Market Outlook for Week of February 27, 2012

mac_rmm@chartswingtrader.com (ChartSwingTrader) — Sat, 25 Feb 2012 16:26:00 +0000

Hi traders - here's your look at the week ahead. The past week wasn't awful, but at least for me, it certainly was much more challenging than past weeks. We did not see as many stocks moving as we did in January and early Feburary, where seemingly every day big winners could...

For the full article, please visit my website by clicking on the article title above.

Potential Earnings Plays for President's Day Week

mac_rmm@chartswingtrader.com (ChartSwingTrader) — Mon, 20 Feb 2012 21:18:00 +0000

Although it was not a tremendous week for earnings plays this past week, there were still a few that made things worthwhile. I shared some potential earnings plays last Saturday and two of them hit big - DMD and CAB. I was only able to play DMD (and got in late because I didn't trust my...

For the full article, please visit my website by clicking on the article title above.

Saturday Setups and Market Outlook for Presidents Day Week - 2/18/12

mac_rmm@chartswingtrader.com (ChartSwingTrader) — Sat, 18 Feb 2012 22:04:00 +0000

Hi traders - I don't have much to say on the overall market going into next week because basically the beat just goes on for this bull market. I (along with many others) fully expected the market to finally rest and pullback after we saw a nasty reversal during Wednesday's session, but...

For the full article, please visit my website by clicking on the article title above.

Nasty Reversal - Now What???

mac_rmm@chartswingtrader.com (ChartSwingTrader) — Wed, 15 Feb 2012 23:09:00 +0000

Today was as nasty as a day that we have had in 2012 (although that's not saying much) and one of the few examples so far this year of clear distribution in the market. When you look at the number one leading stock of this market and the way its chart looks after today, you have to...

For the full article, please visit my website by clicking on the article title above.

Stock Setups for Wednesday, February 14 - Nice Consolidations in Many Names

mac_rmm@chartswingtrader.com (ChartSwingTrader) — Tue, 14 Feb 2012 22:41:00 +0000

Hi traders - I don't have a ton to say on the overall market here. Today was a little rough overall but the market had a big bounce in the last half hour that took back a large chunk of the large losses. As I went through my scans tonight, I saw very little if any damage to individual...

For the full article, please visit my website by clicking on the article title above.

Potential Earnings Plays For Week of February 13, 2012

mac_rmm@chartswingtrader.com (ChartSwingTrader) — Sun, 12 Feb 2012 14:26:00 +0000

Before I post the charts, please make yourself aware of my (and many others) earnings strategy. I am not Jim Cramer. I DO NOT buy these stocks before they report. I wait for the report to come, look at the numbers and the growth, and then look at the after-hours...

For the full article, please visit my website by clicking on the article title above.

Saturday Morning Setups and Outlook for Next Week

mac_rmm@chartswingtrader.com (ChartSwingTrader) — Sat, 11 Feb 2012 15:05:00 +0000

Hi traders - here's your outlook for next week. We finally saw some decent selling on Friday, with the Nasdaq down twenty-three points and the S&P down nine. I don't want to say that the selling wasn't a big deal, but...well...as of now, it was no big deal. Volume was...

For the full article, please visit my website by clicking on the article title above.

"The Beat Goes On" - Outlook and Setups For Friday

mac_rmm@chartswingtrader.com (ChartSwingTrader) — Thu, 09 Feb 2012 23:21:00 +0000

The beat goes on for Wall Street, as today was another bullish session with stocks moving nicely across the board. It's been a long time since I have seen a market as smooth as this and with so many nice setups breaking out but also acting well after the breakout. This is one of...

For the full article, please visit my website by clicking on the article title above.

Nice Consolidation - Now Almost Too Many Setups to Choose From

mac_rmm@chartswingtrader.com (ChartSwingTrader) — Tue, 07 Feb 2012 22:50:00 +0000

I entered the week wanting to see some calm action on the indices to allow the market to rest and work off some stretched conditions and really, that's exactly what we've seen so far. It would not be a bad thing for this consolidation to continue for a few more days, but I don't know if it...

For the full article, please visit my website by clicking on the article title above.