OptionsZone.com's Daily Market Outlook with Sam Collins

Market Analysis - Take Advantage of the Bears' Fears

Wed, 11 Nov 2009 13:26:53 GMT

Tuesday's pause caused some of the bears to roar again. Take advantage of this fear generated by those who can't admit to having missed a major market advance.

Market Analysis - Continue to Ride This Bull

Tue, 10 Nov 2009 13:26:53 GMT

Another day or two of broad advances may provide traders with a good exit point and a shot at buying on a pullback, but long-term investors should sit tight.

Market Analysis - Stubborn Bears Likely to Get Burned

Mon, 09 Nov 2009 13:26:53 GMT

Taking emotion out of your investment strategy leads to better returns. At this point, a stubbornly bearish stance will likely lead to a string of losses.

Market Analysis - The Bull is Alive and Well

Fri, 06 Nov 2009 12:40:52 GMT

Thursday's dramatic acceleration, coupled with a 'key reversal day' on Monday, leads me to the conclusion that the markets will continue to rise.

Market Analysis - Good Time to Buy Stocks

Thu, 05 Nov 2009 13:26:53 GMT

Our internal indicators are now telling us that stocks are still a good value at this level.

Market Analysis - Better To Be Long Than Wrong

Wed, 04 Nov 2009 13:26:53 GMT

Unless the S&P 500 closes below 1,020, investors should be buying into this decline.

Market Analysis - Volatility Levels Favor the Bulls

Tue, 03 Nov 2009 13:26:53 GMT

The market's next move will most likely be to the upside as higher volatility benefits the bulls and chases the bears back to covering their shorts.

Market Analysis - How Much Will the Market Correct?

Mon, 02 Nov 2009 13:26:53 GMT

We are in a correction with the likelihood that selling will continue on and off for several weeks. Find out where the support zones are for the major indices.

Market Analysis - Has the Market Turned a Corner?

Fri, 30 Oct 2009 13:43:05 GMT

If Thursday's dramatic turn has legs, then we should see some follow-through today, and perhaps even a complete erasure of the week's net loss.

Market Analysis - The Market Will Tell Us What to Do Next

Thu, 29 Oct 2009 13:43:05 GMT

Since many stocks broke down through double- and triple-bottoms, a reversal up or a lower close today would be significant.

Market Analysis - New Highs Not Likely This Year

Wed, 28 Oct 2009 13:43:05 GMT

I think the market trend will flatten, and although support will most likely hold, I wouldn't look for any new highs in the fourth quarter.

Market Analysis - Will the Pullback Continue?

Tue, 27 Oct 2009 13:43:05 GMT

My internal indicators are telling me that the reversals of last week could lead to a minor correction.

Market Analysis - Time for Traders to Exit the Market

Mon, 26 Oct 2009 13:43:05 GMT

Traders should exit positions and build cash, while longer-term investors should pare back on non-performers. And everyone should prepare to buy into the decline, which most likely will not last long.

Market Analysis - Why Aren't the Markets Soaring?

Fri, 23 Oct 2009 12:58:51 GMT

With so many companies exceeding forecasts, why hasn't the market broken into a violent buying spree with dramatic new highs? I'll tell you.

Market Analysis - Earnings Hold the Key to Market's Next Move

Tue, 20 Oct 2009 12:50:25 GMT

This will be a big earnings week, and with expectations high, we could see the market make some big gains, or disappointments could lead to a reversal.

Market Analysis - What's the Market's Next Move?

Fri, 16 Oct 2009 12:59:00 GMT

I estimate that we are now within a day or two of making a minor top before a reversal.

Market Analysis - Ride the Bull, but Get Ready to Exit

Thu, 15 Oct 2009 13:13:18 GMT

The new recovery highs of the major indices signal that the advance will likely continue for several more days before profit-taking reverses them back to support.

Market Analysis - Few More Up Days Likely Before Pullback

Wed, 14 Oct 2009 13:43:05 GMT

The internal indicators are now overbought, but not at excessive levels. We could have a couple more days of upside before sellers take over.

Market Analysis - Prepare for a Possible Pullback

Tue, 13 Oct 2009 13:43:05 GMT

It would be no surprise to have the major indices make new highs, followed by reversals and a trip back down to the 50-day moving averages and support.

Market Analysis - Are Stocks a Poor Investment?

Mon, 12 Oct 2009 13:43:05 GMT

The Dow is still more than 30% lower than the record closing high made on Oct. 9, 2007. And the other major indices are still lower than the closing price of 10 years ago.

Market Analysis - How to Play This Market

Fri, 09 Oct 2009 13:43:05 GMT

Sentiment indicators still favor a rising market, but their message is not strong, giving the impression that the markets may be slightly overbought. Find out how to play this.

Market Analysis - Investors Don't Want to Miss Another Rally

Thu, 08 Oct 2009 13:15:48 GMT

Yesterday's strong late-day recovery demonstrates that buyers are anxious to put money to work and are willing to take the risk of losing money rather than staying away and missing another rally.

Market Analysis - Protect Against Profit-Taking

Wed, 07 Oct 2009 13:43:05 GMT

If we get a blast out of the gate this morning, traders may want to move some positions to cash and wait for another shallow pullback before putting it back to work to protect against violent day-end profit-taking.

Market Analysis - How Far Can This Rally Go?

Tue, 06 Oct 2009 13:43:05 GMT

Strong buying in the financial sector, along with a weak U.S. dollar and the anticipation of better-than-expected Q3 earnings, sent stocks soaring.

Market Analysis - We Could Be in for a 10% Correction

Mon, 05 Oct 2009 13:43:05 GMT

The S&P 500 is now 5% from its September high with the RSI saying the market is oversold. But I think we may see a full 10% correction.

Market Analysis - Don't Let This Pullback Scare You

Fri, 02 Oct 2009 13:43:05 GMT

Smart buyers will use a pullback like this to buy stocks that they have been eyeing for weeks, while weak holders will run for cover.

Market Analysis - October Could Be Even Better Than September

Thu, 01 Oct 2009 13:43:05 GMT

The market saw a surprising 2.7% return for September, and according to the technicals, there's a good chance we'll exceed last month's highs.

Market Analysis - A Good Time to Do Nothing

Wed, 30 Sep 2009 13:43:05 GMT

While it can be hard to wait, find out why your best course of action at the moment may be to do nothing.

Daily Market Outlook - New Buy Signal for Dow, S&P 500

Tue, 29 Sep 2009 12:56:58 GMT

We saw a buy signal from our internal indicator flashed for the two indices yesterday, while the Nasdaq missed giving a buy signal by a fraction of a point.

Buy on Weakness

Mon, 28 Sep 2009 12:47:06 GMT

The market's brief hesitation appears to be no more than that. There is still a lot of money in money markets and the support under the market is strong.

Be Prepared to Put Cash to Work

Fri, 25 Sep 2009 13:06:40 GMT

Trading is still within the shallow zone of resistance, and that means that a recovery to new highs could happen in a flash.

Dow, Nasdaq Trigger Sell Signal … But Don't Worry, Yet

Thu, 24 Sep 2009 12:56:10 GMT

The indices issued a sell signal, which must be tested for three trading sessions before becoming valid -- and if it reverses back in that time, then it could become a powerful buy signal.

Look for Stocks to Continue to Push Higher

Wed, 23 Sep 2009 13:09:49 GMT

In a bull market, high momentum, like we're seeing now, usually results in rising stock prices.

Daily Market Outlook - 'Good Overbought' or 'Bad Overbought'?

Tue, 22 Sep 2009 13:16:20 GMT

The indices are now about 20% above their 200-day moving averages, but does that mean that momentum will carry prices higher, or that it's too much too soon?

What to Buy in This Market

Mon, 21 Sep 2009 13:43:05 GMT

We should be cautious about adding new positions in U.S. stocks; however, there are a few ETF groups that look good now.

Big Profits Ahead

Fri, 18 Sep 2009 12:46:40 GMT

We could see a pullback that may last for several days, but be ready for an explosive breakout that would give us a chance to cash in on some very fat profits.

Rally Should Continue Despite Overbought Market

Thu, 17 Sep 2009 13:03:03 GMT

Even with the internal indicators now overbought, momentum favors more buying.

It's 'D-Day' for the Stock Market

Wed, 16 Sep 2009 13:10:30 GMT

With so many technical factors telling us that a major breakout is about to occur, it is time for buyers to step up. If they don't, the market will almost certainly fall back to support.

How High Will the Market Go?

Tue, 15 Sep 2009 12:56:23 GMT

Stocks continue to ride a wave of buying, so let's look at how far this rally could take the S&P 500.

Look to Buy Transportation Stocks

Mon, 14 Sep 2009 12:56:23 GMT

The possibility of a major breakout is very real, but a pullback would give us another opportunity to buy our favorite equities -- especially in the transportation sector.

Explosive Breakout Possible; Buy on Pullbacks

Fri, 11 Sep 2009 13:19:31 GMT

We are in the second phase of a bull market with much higher prices ahead, so take advantage of any pullbacks to add to your positions.

Nasdaq Could Make a Major Run

Thu, 10 Sep 2009 13:07:17 GMT

The Nasdaq has broken to new highs, and despite somewhat overbought indicators, it looks likely to lead the major indices higher again.

Market Climbs Despite Clawing From the Bear Cave

Wed, 09 Sep 2009 13:05:14 GMT

While the bears aren't buying it, the IMF said that the global recovery may begin early next year, and the stock market is again proving to be the best of all leading indicators.

5 Best ETF Groups to Buy

Tue, 08 Sep 2009 13:14:47 GMT

Since the short-, medium- and long-term trends are still up, I remain a buyer -- especially on pullbacks. Find out the best ETF groups to buy now.

My Money is on the Bulls

Fri, 04 Sep 2009 12:54:27 GMT

We won't know for certain that the bulls are ready for a stampede until after Labor Day, but until then, I'd rather be long than short.

Calling a Failed Breakout is Premature

Thu, 03 Sep 2009 12:54:27 GMT

Some technicians have already concluded that the breakouts to recovery highs in late August have failed, but the market is still clearly within the narrow bounds of the near-term bull channels.

Be Prepared to Buy on This Pullback

Wed, 02 Sep 2009 13:10:51 GMT

Yesterday's selling could continue for a couple more sessions, but it is more likely that it will end soon.

What's in Store for the Markets Post-Labor Day?

Tue, 01 Sep 2009 12:58:38 GMT

Even if stocks take a short breather until Labor Day, find out why they will likely resume their uptrend.

Dow and S&P May Smash Through Resistance

Mon, 31 Aug 2009 12:58:38 GMT

Technically speaking, the most dominate feature of both major indices right now is a resistance line, but if it can be broken, we may see a mighty rally.

Nasdaq On the Verge of Going Negative

Fri, 28 Aug 2009 13:04:51 GMT

For the first time since April, the Nasdaq is falling away from a major bull market resistance line that connects the May, June and August highs.

Correction on the Horizon

Thu, 27 Aug 2009 13:00:43 GMT

When there is this much good economic news with so little buying, my experience tells me a correction is on the way.

Momentum Remains on the Bulls' Side

Wed, 26 Aug 2009 13:32:00 GMT

Despite low volume and the somewhat tepid response to a bundle of excellent reports and Bernanke's reappointment, the market continues to seek higher levels.

Consumer Stocks Hold the Key

Tue, 25 Aug 2009 13:05:52 GMT

The success of the current breakout will be determined by the consumer stocks.

Housing Report Creates Enthusiasm for Stocks, Commodities

Mon, 24 Aug 2009 12:49:27 GMT

The better-than-expected housing report on Friday caused the market to jump sharply, but the economy's strength could have a downside for the Fed.

Indicators Stuck in Neutral; Will Market Reverse?

Fri, 21 Aug 2009 13:02:59 GMT

Internal and sentiment indicators are neutral, so look to volume for guidance.

Was Oil's Big Move Really a Bust?

Thu, 20 Aug 2009 12:47:43 GMT

Crude Oil rose on news of falling inventories, but weak demand and low prices could mean the move is not sustainable.

How to Play a Short-term Rally

Wed, 19 Aug 2009 12:47:06 GMT

Traders could use this rally to enter short sales, and longer-term investors can write options or take other defensive measures as they wait for prices to fall to the next buying zones.

'Wall of Worry' Building

Tue, 18 Aug 2009 13:02:35 GMT

Bulls should not fret over this sell-off. It is likely just the beginning of a normal correction in a bull market.

Nasdaq May Lead the Markets Down

Mon, 17 Aug 2009 12:53:08 GMT

The markets have turned lower, and since the Nasdaq led the markets up since March, it may lead them in a correction.

Can the Markets Break Out?

Fri, 14 Aug 2009 12:31:51 GMT

All three major indices are within a hair of another breakout, but lethargic trading and negative internal indicators point to a pullback ahead.

Commit More Cash on Pullbacks

Thu, 13 Aug 2009 13:12:28 GMT

While the short-term trend is unclear, we are in a bull market and weakness is our friend.

What Will the Market's Next Move Be?

Wed, 12 Aug 2009 13:00:13 GMT

Chances are strong that the market will reverse up very shortly, but if the major indices close below yesterday's lows, look for them to retreat to the next levels of minor support.

Be Ready to Pounce on a Pullback

Tue, 11 Aug 2009 12:58:28 GMT

Investors need to be ready to snatch up their favorite stocks if we see a modest pullback, because others will be quick to do the same thing.

8 Sectors for Long-term Investors

Mon, 10 Aug 2009 12:38:59 GMT

Use pullbacks as opportunities to buy stocks in these sectors.

Market Could See New Highs Today

Fri, 07 Aug 2009 12:57:22 GMT

With the better-than-expected jobs report released this morning, we could see the market to break sharply to new highs.

Is the Rally Really Over?

Thu, 06 Aug 2009 12:47:00 GMT

With virtually every one of our internal indicators overbought and the sentiment readings at very bullish levels, the market appears vulnerable.

The Market is Overbought … but Who Cares?

Wed, 05 Aug 2009 12:50:36 GMT

Markets with high accumulated momentum, coming off of extremely sold-off lows can, and usually do, make violent, sustained moves to levels that no one could predict.

Don't Fight the Tape

Tue, 04 Aug 2009 13:02:09 GMT

This adage is as relevant now as it was when the stock market crashed in October 2008 -- only the direction of the market is different.

Nasdaq's Failure to Hold Triggers Negative Signals

Mon, 03 Aug 2009 12:49:17 GMT

Missing major objectives could spell trouble for Nasdaq, as well as an end to July's impressive rally.

Earnings Surprises Entice Buyers

Fri, 31 Jul 2009 12:54:49 GMT

Strong earnings reports keep buyers coming back for more, but the market should be poised for a pullback.

Time to Take a Breather

Thu, 30 Jul 2009 12:59:10 GMT

Stocks continue to pull back as the market gives bulls a chance to buy low.

Buy, Buy, Buy

Wed, 29 Jul 2009 12:59:28 GMT

If we get a modest pullback and consolidation, we will be buyers. And if the market breaks out again, we will be buyers then, too.

Pullback Ahead?

Tue, 28 Jul 2009 12:53:23 GMT

Most technicians are saying that the market is exhausted and due for a rest. Maybe, but don't fall for the bull that it's due for a major pullback.

Believe It -- We're in a Bull Market

Mon, 27 Jul 2009 13:12:54 GMT

We entered the second bull market phase last week, which is the time when the technical trader has the most opportunities to profit.

New Major Uptrend Confirmed

Fri, 24 Jul 2009 12:45:21 GMT

The markets are breaking out, but we may see selling today resulting from very overbought conditions and some earnings disappointments.

Gear Up for a Major Breakout

Thu, 23 Jul 2009 14:29:00 GMT

Despite an overbought condition and the likelihood of a minor round of profit-taking, the market is now working on a major breakout.

Be a Buyer on Pullbacks

Wed, 22 Jul 2009 13:03:15 GMT

Until we see a solid reversal from the Nasdaq or the other key indices or indicators, we remain short-, medium- and long-term bullish.

Good Chance Stocks Are Going Up

Tue, 21 Jul 2009 12:59:32 GMT

The Nasdaq's new overall target is 2,300, and the probability of much higher prices for all stocks just took a 'giant leap for mankind.'

Can the Bulls Keep the Rally Going?

Mon, 20 Jul 2009 12:38:36 GMT

For the bulls to continue last week's rally, they will need some new earnings surprises that will punch the Dow and S&P through the June 11 highs.

S&P Close to Breakout Level

Fri, 17 Jul 2009 13:03:53 GMT

A strong breakout above the 945 to 950 level would likely result in a new leg up and targets the 1,200 area as the next major resistance zone.

Has the Market Turned?

Thu, 16 Jul 2009 13:03:15 GMT

After yesterday's dramatic advance, led by technology and financials, it would be foolish to ignore the possibility that the market has turned.

Unenthusiastic Market Not a Good Sign

Wed, 15 Jul 2009 13:02:04 GMT

The worst markets react poorly to good news, and yesterday the market yawned at the strong earnings from GS and good PPI numbers.

Don't Be Fooled by Rally in the Financials

Tue, 14 Jul 2009 12:46:03 GMT

Despite yesterday's bounce in the financial stocks, the overall pattern of every major index is bearish.

Indicators Mixed as Market's Direction Remains to be Seen

Mon, 13 Jul 2009 12:49:11 GMT

Things may become a lot clearer following this week's major reports, and chances are high that the true direction of the market will be revealed.

Hold Tight on Selling Climax

Fri, 10 Jul 2009 12:59:19 GMT

The market's puny rally is not the climax we're looking for, but expect the dead cat to bounce soon.

Quick-but-Doomed Rally Ahead

Thu, 09 Jul 2009 13:03:18 GMT

Signs are pointing to a rally; however, it should be short-lived.

Don't Get Lured Into a Bull Trap

Wed, 08 Jul 2009 13:01:54 GMT

The head-and-shoulders of the major indices has been penetrated. Look for a short-term selling climax followed by a 'dead-cat bounce.'

S&P 500 Executes Minor Reversal

Tue, 07 Jul 2009 12:58:40 GMT

The reversal could result in a couple of plus days as bargain-hunters work the peripheral issues, but the market's internal indicators are now in negative territory.

Bulls Should Be on the Defensive

Mon, 06 Jul 2009 12:58:52 GMT

A decisive break of a possible head-and-shoulders neckline would likely lead to minimum downside targets of 7,620 for the Dow and 820 for the S&P 500.

Bulls or Bears: Who's Really in Charge?

Thu, 02 Jul 2009 13:11:34 GMT

The bulls have succeeded in holding off any heavy liquidating, but it is very difficult to determine whether the bulls or the bears will lead the market in the near future.

Nasdaq May Be In For a Tumble

Wed, 01 Jul 2009 13:05:58 GMT

The Nasdaq is looking very tired and barely able to hold above its 20-day moving average.

Bulls Will Struggle Without Higher Volume

Tue, 30 Jun 2009 13:14:38 GMT

The Nasdaq underperformed the other indices for the first time in two weeks, and the Dow and S&P 500 are moving into some areas of heavy overhead.

Market Showing Signs it May Head Lower

Mon, 29 Jun 2009 12:47:52 GMT

Volume continues to shrink, and this sort of disinterest is usually the sign of a market that is rolling over and about to slide lower.

Trend Still Down Despite Rally

Fri, 26 Jun 2009 13:06:08 GMT

The S&P 500's gain yesterday was expected and doesn't change the near-term trend.

A Strategy for a Confounding Market

Thu, 25 Jun 2009 13:15:43 GMT

The near-term downtrend is intact, but the markets' unpredictable responses to news yesterday, threw a monkey wrench into the works.

Market Offering Opportunities for All Investors

Wed, 24 Jun 2009 13:00:01 GMT

The market's failure to stage a reflex rally following Monday's broad sell-off was not what the bulls needed. However, this near-term reversal offers something for every kind of investor.

Look to Play a Reflex Rally

Tue, 23 Jun 2009 13:11:20 GMT

Stocks finally signaled the near-term direction of the market -- and it's down. But look for a reflex rally following the worst day for stocks in more than two months.

Waiting on Word From the Market

Mon, 22 Jun 2009 13:08:35 GMT

At times like these, it's best to wait it out and let the market tell you which way it's headed next.

Runaway Market Needed a Breather

Fri, 19 Jun 2009 13:12:34 GMT

The bull is not dead. What we're seeing now is a basic correction.

Bank Stocks - Know When to Fold 'em

Thu, 18 Jun 2009 13:13:08 GMT

It may be time to offload some of those bank stocks that have been so kind to investors since March.