Bryan Leighton's Blog – July 2009 Archive (15)

Market Technical Analysis - Dollar Gets Crushed....Markets Trade Slightly Higher



InTheMoneyStocks.com breaks out the key technical analysis techniques they have become famous for. They analyze the charts on the market to showcase their technical trend line analysis, price, pattern and time values. By utilizing these methods and not using the common technical tools which almost never work anymore, they are able to call every major and minor market move avoiding Wall Street hype. InTheMoneyStocks.com looks at major support and resistance levels on the… Continue

Added by Bryan Leighton on July 31, 2009 at 2:36pm — No Comments

The Markets Continue To Astound And Blow The Mind

The markets have seen some ugly news over the last few days. Today was no different. Durable goods orders were not pretty but the real kicker was crude inventories. Crude oil got punished on inventory numbers sending XOM (Exxon Mobil) into a tail-spin to the downside. In addition, GS (Goldman Sachs) was smacked hard trading down over $3 at its lows. All major components of the market looked to be getting hacked hard, but the markets were barely negative. In addition, China got crushed for a 5%… Continue

Added by Bryan Leighton on July 29, 2009 at 11:26am — 1 Comment

After Running On XOM And Oil Into The 10am ET Consumer Confidence Number...Markets Drop

The consumer confidence numbers seemed to shock the market. They came in almost 3 points lower in July than the number in June. That is an impressive drop considering how bullish the marketh as been of late. This may be showing the consumer is not ready to spend their entire paycheck again as many in the Government, Treasury and Federal Reserve are hoping. While earnings have been solid, revenue has been horrid with most companies missing. This tells us that the only reason earnings are beating… Continue

Added by Bryan Leighton on July 28, 2009 at 10:39am — No Comments

NIV Could Be Cheapest China Play Out There. 6 P/E, 100m Revenue, Near 52 Week Lows.

China stocks have been on a rampage. This small cap light volume stock is profitable, just added to the Russell and landed a 20m contract just a week or so ago. All other China stocks up 100-300% off their lows, this stock trading at its lows. P/E of 6. Seems cheap and nice on the risk/reward side.

Source: IntheMoneyStocks Rant and Rave…

Continue

Added by Bryan Leighton on July 27, 2009 at 3:23pm — No Comments

Important Intra Day Reversal On The SPY (Market). Could This Be More? Supports Noted Below

The market started slightly on the weaker side as earnings this morning were not great. In addition, as noted by chief market strategists, revenue continues to miss while earnings may beat. This tells us it is just cost cutting that is going on and not actually growth in sales. That is scary within 1 or 2 quarters as earnings may start to lag big time. At 10am ET, new homes sales came out up 11%. Monster number! However, the markets jumped initially, then fall hard and reversed. This may be a… Continue

Added by Bryan Leighton on July 27, 2009 at 10:30am — No Comments

The Numbers Do Lie – Corporate America Trying To Pull The Wool Over Your Eyes

As earnings season is now in full swing, I cannot help but analyze the earnings results from countless companies. So far the markets have rallied 10% in just the last two weeks. Most earnings have blown through estimates. It has been a meteoric rise, the markets blasting up through the double top from mid June. Things seem to be rosy once more on Wall Street. Talk of a recovery, V-bottom and the next monster bull market are now spewing from the media.



Be afraid. Main Street is having… Continue

Added by Bryan Leighton on July 23, 2009 at 4:59pm — No Comments

Market Update: Bullish Sentiment Takes Market To Early Double Top

The markets gapped lower after weak results from WFC and MS. However, no sooner did the market open but the dollar started to weaken. As soon as the dollar dropped, oil got a bid and XOM surged higher. With XOM surging, the markets began to catch a monster bid. The SPY rallied all the way up to a perfect double top at the high from yesterday. From this point, the markets have pulled back slightly hovering on the flat line. The dollar is still very weak and that is keeping pressure on the… Continue

Added by Bryan Leighton on July 22, 2009 at 11:56am — No Comments

Earnings Preview: IBM Hitting Daily Double Top...Up 10% In The Last Week

Everyone wants in!

Source: InTheMoneyStocks Rant and Rave

RealTick graphics used with permission of Townsend Analytics, Ltd. ©1986-2009 townsend Analytics, Ltd. All Rights Reserved. RealTick is a registered trademark of Townsend Analytics, Ltd

Added by Bryan Leighton on July 16, 2009 at 3:48pm — No Comments

Inside The Markets: Is Exxon Mobil Telling Us Something?

The rally has lasted just a few days but it has already changed the mindset of the media and average investor. Last week it was panic, could the market retest the lows from early March, now it is whether or not the S&P 500 will hit 1000 by the end of the week. The sentiment and psychology of the markets is changing more quickly than ever. Technology has made that possible, as the media streams through every avenue of our daily lives. As quickly as the markets and individuals were falling… Continue

Added by Bryan Leighton on July 15, 2009 at 10:24pm — No Comments

Using The Large Time Frames To Capture Massive Profits

As I write this article on time frames, I wish to speak a little bit about my experience as a trader. Throughout the years, I have made my fair share of mistakes. Those of you that trade/invest in the markets know it is just part of the game. It is a trial and error type career, like kids, we must touch the hot stove/oven, even when our parents told us not to. Once touched, we pray we learn our lesson and never do it again. I was no different as I began to learn how to trade. I would try… Continue

Added by Bryan Leighton on July 13, 2009 at 10:38am — No Comments

Weekend Addition: Morgan Stanley (MS) Gives One Signal But With Earnings Looming, Risk Is High

Morgan Stanley has a possible Head and Shoulders pattern break down occuring. This pattern is a bearish pattern and usually results in a big drop. Learn pattern, price and time values. While this pattern could show a fall all the way down to the 200ma, Goldman Sachs has earnings Tuesday morning. This throws a risk at the completion of the pattern due to the "king" and their earnings. Next week promises to be wild with tech companies like Intel and Google reporting as well along with other… Continue

Added by Bryan Leighton on July 11, 2009 at 5:24pm — No Comments

IYT (TRANSPORTS) SHOULD HAVE A BOUNCE SHORTLY


Source: InTheMoneyStocks Rant and Rave

Added by Bryan Leighton on July 10, 2009 at 10:31am — No Comments

Weekend Technical Guidance - Job Losses Confirm InTheMoneyStocks.com's No Recovery Close Call

InTheMoneyStocks.com breaks out the key technical analysis techniques they have become famous for. They analyze the charts on the market to showcase their technical trend line analysis, price, pattern and time values. By utilizing these methods and not using the common technical tools which almost never work anymore, they are able to call every major and minor market move avoiding Wall Street hype. InTheMoneyStocks.com looks at major support and resistance levels on the… Continue

Added by Bryan Leighton on July 5, 2009 at 12:19pm — No Comments

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