Blog Posts - Stock Market Blog



S&P Holds the Neckline

We may have just seen a successful test of the S&P head and shoulders neckline.  Last Thursday the S&P slipped through the neckline but closed back slightly above it for a bullish hammer then on Friday the market squeezed with 500k SPY b...
by Stock Market Viewpoint on May 22, 2016

Today Sensex slipped over 200 Pts | Share market update Friday

On the last day week of a trading session the market slipped down in early trade after closing of last day gain and Nifty fail to hold the level of 7,900 in morning. The BSE Sensex trading at 25,525 down by 227 and 50-share NSE Nifty is at 7,837...

XLF Up Against Double Resistance

The XLF financial ETF had a big day yesterday but finds itself up against the upper line of its six-month declining channel this morning.  At this juncture you can expect them to put lipstick on some really foul bank earnings.Trade well my frien...
by Stock Market Viewpoint on Apr 14, 2016

Stock market update for Tomorrow | 15 February 2016

Yesterday end of the day market breadth was weak or closed with a lower note. On Friday BSE Sensex closed at 22,986 up by 34 points and NSE Nifty closed at 6,980.95 up by 4.60 points. As three-day US holiday weekend the S&P 500 closed at hi...

Share market update on Wednesday | Sensex above 100 points

After the Republic day the market has opened higher as on Wednesday. The market seen to be in green note. As on early trade the BSE Sensexis at 24,526 gain by 109 points or at 0.4 percent. And the NSE Nifty is at 7,440.95 gain by 4.80 points or 0.5 p...

VXX Flirting with Huge Channel

The VXX (VIX short term futures ETF) broke out of its Fall downtrend line a couple of weeks ago and is now flirting with the huge red channel going back to January 2014.If the VXX reenters the red channel and finds support on the top side of the lowe...
by Stock Market Viewpoint on Dec 31, 2015

GLD Appears to be Solidifying

The GLD Gold ETF has been in the doghouse for a really long time and more and more people have been predicting that it will keep falling into oblivion but the price action cannot be ignored and over the past six weeks the GLD has been solidifying int...
by Stock Market Viewpoint on Dec 28, 2015

Like Clockwork

Stock Market Technical Analysis Blogclick on image to enlargeIn the market today Team Yellen did the traditional market jam / short squeeze that somehow manages to happen at the beginning of every Fed speech.  It's almost enough to make you thin...
by Stock Market Viewpoint on Sep 16, 2014

Over The Weekend Trade, Six Time's A Charm?

Stock Market Technical Analysis Blogclick on image to enlargeIn the market today the S&P took an early drop due to it stopping at its lower channel line right at the bell yesterday as I pointed out in last night's blog.  Stopping at that lin...
by Stock Market Viewpoint on Sep 11, 2014

The Easy Bounce

Stock Market Technical Analysis Blogclick on image to enlargeIn the market today Team Yellen did indeed take the easy bounce setup to give the markets a decent day up today.  We decided to not go long yet because of the charts above.  We ar...
by Stock Market Viewpoint on Sep 10, 2014

S&P Holding But VIX Rising

Stock Market Technical Analysis Blogclick on image to enlargeIn the market today, the SPY was pummeled with sell orders early setting the stage for a fairly negative day.  Our early Friday afternnoon entry on the SPY stopped out flat this mornin...
by Stock Market Viewpoint on Sep 8, 2014

Weekend Focus Chart: The Case For APPL

Stock Market Technical Analysis Blogclick on image to enlargeTaking a look at the case for AAPL turning back up here: Chart 1:  APPL's favorite EMA pair had the smaller red moving average flatten out ready to lift Friday.Chart 2:  APPL...
by Stock Market Viewpoint on Sep 6, 2014

S&P Weakens A Little

Stock Market Technical Analysis Blogclick on image to enlargeIn the market today the S&P got off to a good start and for a little while it appeared there might have been a short squeeze coming but then the big sells started coming in too fast and...
by Stock Market Viewpoint on Sep 4, 2014

More 3AM Magic

Stock Market Technical Analysis Blogclick on image to enlargeIn the market today the SPY experienced the 3AM magic of Team Yellen as it did yesterday.  Looking at the top chart above (24 hour chart), on the left side I marked in yesterday's 3PM...
by Stock Market Viewpoint on Sep 3, 2014

Back To Neutral Bias

Stock Market Technical Analysis Blogclick on image to enlargeIn the market today, Team Yellen did open the SPY considerably higher at 3AM, which was what we were looking for with the small weekend gap trade but in the regular premarket session there...
by Stock Market Viewpoint on Sep 2, 2014

Late Friday Afternoon Entry Signal

Stock Market Technical Analysis Blogclick on image to enlargeIn the market today we had a decent lift that climbed into the bell.  After being flat for the past four days, we decided to take a small long position right before the close today. &n...
by Stock Market Viewpoint on Aug 29, 2014

Holding Steady, No New Position Yet

Stock Market Technical Analysis Blogclick on image to enlargeIn the market today , the S&P opened above the 1995 level at the 3 am open of the SPY and held it until 8:30 for a gap open higher.  As I discussed in the previous blog we closed o...
by Stock Market Viewpoint on Aug 25, 2014

More Money Off The Table

Stock Market Technical Analysis Blogclick on image to enlargeIn the market today the current short squeeze continued to take the market higher even though the volume on the SPY and QQQ is falling substantially lower each day.  We have decided to...
by Stock Market Viewpoint on Aug 19, 2014

1/2 Off of the Table

Stock Market Technical Analysis Blogclick on image to enlargeIn the market today the indexes pushed higher with the S&P and the Nasdaq reaching the upper lines of their descending channels, shown in the left and middle charts above.  We deci...
by Stock Market Viewpoint on Aug 13, 2014

Another Pivot

Stock Market Technical Analysis Blogclick on image to enlargeIn the market this morning we had a pivot complete into a bounce setup.  Two weeks ago today we entered the S&P (SPY) short position and closed it today for a 4% account profit. &n...
by Stock Market Viewpoint on Aug 8, 2014


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