I've been a loyal follower of freetradingvideos.com since the beginning of summer. I've seen their daily analysis of the stock market and I just wanted to spread the word. These guys have made some of the best calls regarding where the market might be headed. The videos are very perceptive and educational and the best part is that they are free. Click the link below to watch the weekend edition of their videos:

http://www.freetradingvideos.com/vlog/default.asp


P.S. They point out1150 will be a major monthly resistance for the S&P500. That means we might be bearish for a week or two.


Peace,
FF

Are you kidding me. I have been invested 75% since my last post. Even though my portfolio lags the market today, I have never been out of money for my portfolio as a whole. Now I am just patting myself in the back for the job well done and trying to enjoy the snow-day indoors with a cup of hot chocolate.. now we are going to ride the wave up! 

I am in too...last friday...

Market was on rise today. Does anyone suggest to buy stock S.
any thoughts.

Hold your horses guys. This market is showing sings of weakness. If we were going for a bounce we should have confirmed yesterdays higher high and higher low today. This looks like the making of another drop coming in. We are headed for 102 level. Put stop losses if you haven't already!

Hmm,
The market showed significant resiliency.  Solar stocks got hammered but I see JASO is trying to breakout at 4.60. Bought my half position @ 4.61.

I think if the Greece crisis comes to an end, market can go ahead and make new highs. February is seasonally turbulent month. All mid-cap and small-cap indexes are leading the rally. I still think, we r moving ahead.

Traders, what other indicators or tools you guys use other than fundamental and technical tools. How much you listen to your own sentimental indicators? How many of you do the inter-market analysis? I have always wanted to learn the market's movement through options prices.

Just a hunch....but I think we will see heavy buying in the last 1.5-2 hrs.

A day early on the heavy buying call but it makes sense to be bullish in a bull market.

hi

good call on Jaso FF. Nice gain

 

yes, that was a really good call FF.I think this stock is still going higher when the market opens on tuesday.

guys
just as heads up, my target for JASO was 5.60-5.65. i will exit from the trade at that point.

FF

sold jaso @ 5.58

i should have sold JASO @ 5.58 too.  I will sell it as soon as it hit @ 5.50

So why did I sell JASO at 5.58 today? It's simple. Take a look at the chart below:


Look at the Resistance we are facing at 5.60 area. Technicals are the KEY. Once you learn how to read the chart, you can easily make money in the stock market. Also, the stock had run up for 5 straight days in a row. Could it have gone higher today? Sure, nothing is impossible, but once you make 20% on a stock in 4 trading days, you take your money and run. The probability, and I repeat, the probability is what dictates technical analysis. Next to technicals, you must have discipline in the market. There is always 'hope' among novice traders. They buy some stock and it soars and at some point it will reverse and they will hope it is going to come back up again. More often than not, it doesn't and they lose the money they had once made. Once you start hoping on a stock, then you know that's the time you sell it.

Now, here is my reccomendation for this week. I entered FLIR at 26.70 today and it has already shown some promise. I believe this stock can go up to 29 in a few weeks as long as we don't see a huge crash. The reason being, the 200 day Moving Average and the support we just bounced up today. I also like the volume in this one.



Good luck to you all and happy trading.


FF

Buy and spend $1000 each on C, S, F, AMD, FNM, SAY and wait 1-2 years. You will get back more. That's what I believe. Good luck to us

Just bought some stock of C. Is it a good decision?
thanks

The market is showing weakness. I am bearish right now. Will be looking to buy shot etfs: SRS, SDS, FAZ, EDZ.

FF

Where all the stock gurus these days? Looks like people are busy partying with more than 10% increase in their portfolio...

If you guys bought anything on margin when QQQQ was around 43, it may be a good time to sell some and not be in margin. If you did not use margin, stay with the ride.