Stock Market Review 1/16/2011

Good afternoon folks. Here is a video of the market indices and the action in the past week.  We will be looking at the SPY, IWM, QQQ, USO, SLV, GLD, XLF, XLE to get an idea of potential outcomes this coming week in the markets and also in these specific sectors.   [screencast url=”http://screencast.com/t/sHw3e3dNpJ25″ width=”” …

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Pre-Market 1/9/2011

[screencast url=”http://screencast.com/t/hGNqXDquyP” width=”” height=””] Morning folks.  Market looking like a flat opening as we have been consolidating for a week now.  Earnings season is upon and we will need some positive action to come out of the group thats returning as the market starting to digest recent economic data of last week without any pop. …

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Premarket 1/3/2011

Morning folks!  Looks like market is going to gap up significantly with the SPY up 1.6% premarket. Markets are feeling good after strength overseas.  With todays gap we will be open right near our prior swing highs.  If we can gap up and hold this gap and take out those prior highs that would be …

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Market Wrap 12/28/2011

[screencast url=”http://screencast.com/t/eOZL7R6ar5sj” width=”” height=””] Evening folks! Looks like market has once again faded at resistance.  We have had overbought conditions for a couple days coupled with sitting the top of the range we had a bit of a fade today.  The open was pretty much the high of the day as the market had a …

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Premarket 12/28/2011

Morning folks!  Market looking at a slightly higher opening with the SPY up .16%. Not much action so far premarket looks like potentially another listless day as traders are taking holiday.  We do not have any major economic data today that could move markets.  Not much action overseas European markets are mixed in afternoon trading. …

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