Options and Stock Market Technical Chart Analysis for May 22, 2009 by Idan Koren
Hey guys,
Today as we expected (and showed on the last video) we saw a continued upward consolidation to 38.2% retracement across all stock equities before the momentum turned around in late trading on friday. In addition to just hitting the fib retracement, this weekend is a three day weekend (due to memorial day on monday) and so longer term investors pulled some of their funds out, so that they can enjoy their weekend without being worried. Nevertheless, the move lower is going to probably to continue into next week, as all stocks are showing a very strong head and shoulders with strong volumed sell offs and light volumed rallies underway. The Qs show a symmetric triangle, which might show some support before a break on tuesday. The S&P hit again its channel support (As RESISTANCE), and even had the fakeout that we talked about in the last video just so that it could hit the 38.2% retracement and then fall down. We expect the next strong level of support to be 875, as the double bottom will break quite easily. We also look at AAPl and GS which exhibit the same type of behavior. The $RIFIN also confirmed a daily break of its longer term support, and the FAZ broke its longest term descending resistance in the last 20 minutes of trading. The SRS looks like it is about to go to new short term highs as a head and shoulders failed to play out. We also look at GLD and UUP for short term trades!
Have a great 3 day weekend!
Duration : 0:9:56
Posted by admin Date: Saturday, June 6, 2009
Categories: Options Trading
Tags: "how, 05, 05/22/2009, 05/26/2009, 2009, 22, 22/5/2009, 26, 26/5/2009, AAPL, Alpha, analysis, basics, brian, Chart, charts, Elliot, GOOG, Idan, investor, Koren, learn, learning, market, marketguru, may, money, option, Practical, read, RESISTANCE, shannon, SPY, stock, stocktock, street, SUPPORT, TA, technical, The, to", Tony, trade, trading, Trends, wall, Wave, xlf
Options and Stock Market Technical Chart Analysis for May 29, 2009 by Idan Koren
Hey guys,
Today I give out a daily, weekly and monthly update of what I think is to come. Today’s last 10 minute of trading was probably due money managers and institutions wanting to have some of that long exposure to show their clients and tell them that they have not totally missed the 4-5% move up for the month of may. In the past 2.5 weeks we have been trading in a descending triangle formation, and we managed to break out in the last 10 minutes of trading, just to find resistance at another descending resistance which dates back to november and the january 6th high. In the first 5 minutes of the afterhours trading both the ES and the SPY hit the 200 SMA, even though the S&P remains 1 % away from the 200 DMA, there is a chance, that it may never touch it, since it’s been touched in the after-hours. We could however, see a small push on the S&P to touch that 200 SMA at 924-926 only to back off later in the week. Note: The Dow Jones 200 SMA is still about 4-5% away though, and that a fakeout slightly higher is possible. The financials today were weak, and kept the market from breaking to new highs, although at around 3:15pm the financials finally caught a bid and helped this market break out of a symmetric triangle on the 10 minute candle scale and then we saw the massive shoot up higher. Today I also look at the VIX, XLF, and explain why i see that we could move lower for the next month or month and a half.
Duration : 0:9:36
Posted by admin Date: Friday, June 5, 2009
Categories: Options Trading
Tags: "how, 05, 05/29/2009, 06, 06/01/2009, 200, 29, 29/05/2009, AAPL, Alpha, analysis, basics, brian, Chart, charts, Elliot, GOOG, gs, Idan, investor, june, Koren, Last, learn, learning, market, marketguru, may, money, option, Practical, read, RESISTANCE, shannon, sma, SPY, stock, stocktock, street, SUPPORT, TA, technical, The, to", Tony, trade, trading, Trends, vix, wall, Wave, xlf
New Options Market — Intrinsic Value
Learn the meaning of “intrinsic value” as it applies to option trading — presented in a simple and concise way.
Duration : 0:3:54
Posted by admin Date: Tuesday, April 28, 2009
Categories: Options Trading
Tags: bear, broker, bull, call, calls, market, New, online, option, options, Optionshouse, optionsxpress, peter, put, puts, Seed, spread, stock, trade, TradeKing, TradeMonster, trading, Zecco
Creating Good Options Trading Strategies
www.moneyshow.com option traders are right on the market, but lose money because they do not use the right strategy. more @ moneyshow.com
Duration : 0:8:17
Posted by admin Date: Sunday, April 19, 2009
Categories: Options Trading
Tags: decisions, for, markets, option, options, plan, set, strategies, trade, trading, up
Why Trade Options? Part 2
Why Trade Options? (Part 2) Compare a stock trader to an option trader.
Duration : 0:9:50
Posted by admin Date: Sunday, April 5, 2009
Categories: Options Trading
Tags: education, free, learn, lesson, Mentor, option, options, trade, trading, video
Shocking Stock Trading Robot – Makes Over $6,000 Over Nig…
http://top-recommend.com/trading stock trading stock trades trade stocks online stock trading stock trade trading stocks stock market trading stock day trading stock trading software cheap stock trading best stock trading stock option trading stock trading system day trading stocks stock…
Duration : 0:6:37
Posted by admin Date: Wednesday, April 1, 2009
Categories: Stocks Trading
Tags: best, cheap, day, market, online, option, software, stock, stocks, system, trade, trades, trading
Adjusting The XLF Option Trade
http://support.theoptionclub.com Stock options are incredible tools for managing risk, while also providing unique profit opportunities. This XLF trade started out as a defined risk position that profited from XLF staying within a limited range. As the financial stocks traded higher, adjustments were made to the option position to broaden the profit envelope. If you want to learn how you can trade options in your account, take advantage of a free stock options mini-course at TheOptionClub …
Duration : 0:9:58
Posted by admin Date: Saturday, March 28, 2009
Categories: Options Trading
Tags: calendar, call_option, diagonal, ETF, exchange_traded_fund, option, optionview, OptionVue, put_option, spread, stock, trading, xlf
How To Trade Stock Options: Part 4 of 5
Stock option trading seminar from John Ondercin, Chief Options Strategist for OptionsMentoring.com. Part 4 of 5. …
Duration : 0:7:59
Posted by admin Date: Thursday, March 26, 2009
Categories: Options Trading
Tags: "how, course, john, mentoring, ondercin, option, options, stock, to", trade, trading
Non Directional Trading Options Course
http://www.nondirectionaltrading.com Easy-To-Understand System Never Had A Losing Month Win 95% of the time Roll and adjust the other 5% so that it become a winner too. 5 – 15% consistent income every month Learn to Be the BOOKIE and Cheat in trading www.nondirectionaltrading.com
Duration : 0:1:16
Posted by admin Date: Friday, March 20, 2009
Categories: Options Trading
Tags: course, directional, non, option, options, seminar, singapore, trading
Call Options Education w/ the Zecco Zirens
Want to learn how to trade options? Zecco, which provides low cost options trades and free stock trades through Zecco Trading, has created a series of short video tutorials to help improve your understanding of option trading. This video covers the simplest of all options trades, purchasing a call option. Sound like a foreign language? Watch the video, youll see that you can learn how to trade options. The video will give you a real life example of purchasing a call option which should bring …
Duration : 0:4:0