The Weekly Market Outlook ~ Happy Thanksgiving Trading

Tweet *****For the end of the week and the next few days  swap your charts for family pictures instead and be with your family, enjoy the Holiday. Spend some time with loved ones, share yourself with them and if you can't be together in person, do it on-line. Technology gives us the ability to connect near and far.

I challenge you to make it a full holiday weekend because here in the USA we get 4 days for the opportunity to be together. From Wednesday through Sunday Thanksgiving weekend is the most traveled holiday in the USA.  Use all the time you're given because trading can wait but family cannot. They grow up too  fast, grow old too soon, but the markets will always be there and look the same.

If you don't believe me, checkout the chart below:


Happy Trading, Living and Dancing
and wish you all a Happy Thanksgiving Weekend
Anni

©DayTrading with Anni 2007 - 2014 All Rights Reserved

The Daily Note - A Stock Market PlayList for Friday

Tweet *****My PlayList has been successfully giving to those who wished to be part of the service. Today, in celebration of my followers,  I'm giving back to those who were always wondering how it works.

Thank you for reading, listening and following.. in short for being part of my network. Hope this tape gives some benefit to you  but first be sure to  study and research  and always trade it well and carefully.



Happy Trading, Living and Dancing
Anni

©DayTrading with Anni 2007 - 2014 All Rights Reserved

The Weekly Market Outlook - As I See It

Tweet *****We are just one week before the all important "Black Friday" report for the markets. Expectations may be already built into this market and as a result a check or a pullback may come immediately after or even before Thanksgiving weekend.

That said, we should also remember that new highs without a check, will come at a cost that may go more deeply than we expect.  Any little thing could set up a quick pullback which may turn ugly if we continue with this steep enthusiasm, so be on your toes, listen to the news, and always be ready for change.




Happy Trading, Living and Dancing
Anni

©DayTrading with Anni 2007 - 2014 All Rights Reserved

The Weekly Market Outlook - Curb Your Enthusiasm

Tweet *****Post the elections this past week the market took a decided positive turn as the media once again stuffed our heads full of  analysis.  What it reveals is that we are usually happy about change and usually believe that change will take us on a positive path.

The eagerness with which the indexes soared seemingly put caution to the wind. It seems that once more traders and investors see no downside to any of the action, as if only the upside is possible after the results. No wonder that they call it the "honeymoon" effect since we tend to forget that it usually takes a long time for anything to change in Washington and even longer for all of us to reap the so called "benefits".

It will be interesting how it plays out in the long run. In the short term however party on but it may also be wise to remember that the changing of the guard will not happen until the beginning of the New Year which is still weeks aways giving ample time for party crashers and mischief makers.




Happy Trading, Living and Dancing
Anni

©DayTrading with Anni 2007 - 2014 All Rights Reserved

The Weekly Market Outlook - Waiting for Results

Tweet *****Markets were boosted by earnings results for the past two weeks, coupled with enthusiasm about Japan's quantitative easing. Now, we will take a breath waiting for election day and results, unless it is already decided that it will matter none.

It is interesting that the USA may totally dis-empower Congress and leave all decisions about its well being in the hands of the Executive branch along with the FED.  Certainly it has been moving in that direction for quite some time and if I'm right, the reaction to the election results will be nothing more than a possible pause.  Elections at one time were important, people really cared about who was going to represent them in the Houses of Congress and Senate, and waited sometimes at the edge of their seats. After all Congress is supposed to have the power to decide on spending, but alas they have allowed themselves to be reduced to nothing but stamps of approval about how the Fed thinks and the President wants, in that order. So waiting for results on the elections, I see as no "biggee".

Waiting, however, for $BABA earnings result will be much bigger news and I bet there will be many more watchers for it;  Therefore a favorable report will probably see the markets jump with joy along with $YHOO.

I recorded the Outlook as usual, on Sunday but posting it late Monday due to a delay; a technical glitch and a lack of attention. It stands as I saw it then, so wait no more and listen on:



Happy Trading, Living and Dancing
Anni

©DayTrading with Anni 2007 - 2014 All Rights Reserved

The Weekly Market Outlook - Enthusiast vs Skeptic

Tweet ***** Tough week ahead in my opinion. Maybe the enthusiasm will lead us into a strong V shape recovery then again, maybe there'll be a pause. Your "guess" may be better than mine, I can just be ready for the possible and here is how I see it.



Happy Trading, Living and Dancing
Anni


©DayTrading with Anni 2007 - 2014 All Rights Reserved

The Weekly Market Outlook - Bottoms Up? Maybe Not

Tweet *****The market deep drop last week was viewed by some as a surprising sudden move. Those perhaps who have listened to my outlook reports may know that the shift actually began in September. What is next will be determined by trader and investment mood more so than earnings in my opinion.

If we are to trust that earnings are getting better and the economy is improving well, we may look at the current events as bottoms. Yet I would not be so quick to asses it so because it's been 2 years that we had a true test of these levels and a pullback of such severity usually gets tested again before a bottom is determined. In fact I believe that Friday's gap up and bounce, which got its momentum from the housing report, may have been also in anticipation of this coming week's earnings reports so earnings misses or outlook shifts may drop it with equal momentum once again.

So far we've had a mixture of up and down guidance from reports and as I  mentioned before, the end of year positioning is not yet over, in fact it's just getting into full swing. Therefore more fluctuation may become evident in the markets as we approach December.

Nevertheless, this week is in focus and on everyone's radar for now and watching what happens next will be more revealing perhaps than any other week ahead. So for now, this is what I see:



Happy Trading, Living and Dancing
Anni

 The Daily Pick - ©DayTrading with Anni 2007 - 2014 All Rights Reserved

A Market Outlook Update - And Next Market Possibilities $DJIA $NDX $SPX

Tweet *****Even as we are prepared for the possible, we can also be surprised at how quickly it can become actual.

The Market Outlook reports that I have been publishing for a few years have always felt like a channeling experience for me so when they become actual is not a surprise. I have always maintained that information from the Universe is Universal and available for all of us. Some may not think or feel that they are tapped in to the infinite information available, but I maintain that we are all connected and days like today in the markets prove to me it's true.

In the markets fluctuations are noticed and played all the time. Fluctuations are digestions of information consumed; it  is what takes the longest and it's where the charts show fluctuations pro and con. Accumulation of information gives direction to the markets, and when a majority agrees to the same scenario, the market moves rapidly in one direction toward the next possible target. The direction is unmistakable, be it up or down.  It is what happened today.

There can be slow accumulation, like the past 6 years of upside movement in the markets, but it is not a total agreement as each information had to have time to be digested and eliminated if need be; much like the acceptance of bad economic reports. The past 2 years however demonstrated a consensus toward the upside without checks or tests; the fear of a possible downside ebbed, then steadily accumulated in the far reaches of our Universal mind.

The thought of a downside remained checked until the past two weeks when it surfaced once again to be considered for acceptance or rejection. We saw rapid fluctuations as a result of those Universal debates, until today when a consensus was reached. So, what happened today was the result of the conscious and unconscious Universal agreement to the scenario.

 What can happen next, will also require a consensus, be it knee jerk or a long thought out process, eventually we will arrive to reach an agreed to goal once more.

My Weekly Market Outlooks are available to be viewed here on my blog and they are also always available to view and re-view to the public on my VoiceThread .




Happy Trading, Living and Dancing
Anni

©DayTrading with Anni 2007 - 2014 All Rights Reserved

The Weekly Market Outlook - $DJIA $SPX $NDX View Toward the Short and Longer Term

 Tweet ***** Major earnings reports kick off this week and will influence the markets resulting in possible further quick tests of highs and lows.

More volatility may come from earnings reports and outlooks. Profits and positioning will continue to play into the mix as a result.  On the other hand, a calming effect may come from attentions focused away from the markets and on the coming holidays.

It is important to keep in mind not only the short term but longer term possibilities that the charts are now showing. I cover these this week not to suggest that it will play out in the next few days, but to point out the larger canvas on which we paint success.  So look forward (and back) to monthly possibilities along with the current events.



Happy Trading, Living and Dancing
Anni

©DayTrading with Anni 2007 - 2013 All Rights Reserved

The Daily Note - Similar Patterns = Similar Possibilities

Tweet *****I often use past history in order to predict current outcomes. That does not mean that the past is written in the stone of the present since we always have choice to change the outcome, but people tend to follow patterns therefore any chart will reflect that tendency.

Think of patterns as beat or rhythm in music and think of dancing as steps to the rhythm or beat of the music. Regardless of which dance we choose, we follow a pattern around the dance floor be it the sidewalk or hardwood. A waltz will make a circular motion not unlike planets (the couple dancing) swirling around the sol or an imaginary sun using a large dance floor. A line dance will take an orderly line form with each individual doing the same step left, right, forward and back.  In each case, even if an individual adds their own twist to the steps within the group, the pattern remains constant to the beat.

Likewise, The Tango and the Break Dance performed on the sidewalk will not look the same, yet each is danced with equal passion to the rhythm of the music.  Both dances may be spontaneously started by dancers moved by street musicians,  yet each has a certain historical expectation of steps the performers will generate. In other words, one does not try to Break Dance to a Tango or vice versa.

The watchers of dances and dancers are the audience who add to the expected outcome. It is because they perform vicariously with the activity that they add to support the expected steps the dancers will take, thereby supporting the current direction of the dance.  If a dancer switches from the waltz to hip hop, it may be shocking whereupon one audience may leave and another group may gather and join in supporting the dancer's direction.

So it is on the chart. Each day has its beat and rhythm the traders may like and join.. Each day brings a change to the beat or just the tempo be it fast or slow, but no matter what the dance, there will always be an expected performance direction and an audience supporting the "dance".

Although on a chart a low number of trades begin the pattern, as more traders join, the watchers grow and  the expectation will create a momentum. Once the current "dance" ends and another tune begins perhaps having a different rhythm, the original followers may leave the dance floor and become the watchers of the new group.

All dances added together create fluctuations and make up the chart patterns. Traders may come and go, the tempo may increase and decrease, but the desire to participate or watch will not change and the patterns on a stock chart will generally perform to their own rhythm and historically expected steps.

In the chart below,  $NQ_F Shows a similar pattern we have today from February 5th completing April 15th with a bounce on March 27 to April 2nd before dropping to finish the pattern.  The question is where are we on this current chart? Did we already have the bounce or are we about to have one?  Therein lies the choice for participants of this dance.

$NQ_F Similar Pattern Study

Happy Trading, Living and Dancing
Anni

The Daily Pick ~ Nice Dancing :)



©DayTrading with Anni 2007 - 2014 All Rights Reserved

The Weekly Market Outlook - Recovering or In Need of More Tests?

Tweet *****Last week's volatility may not have surprised my readers and listeners but if it surprised you, welcome to my outlook where I  look to the past to see into the future, not with a crystal ball but with an eye to patterns and possibilities they may produce.

Depending on our outlook, surprises can be pleasant or unpleasant but what we need to admit about them is that we did not prepare well enough for the possibility.

Although we can expect some recovery, we also have to remember that the earnings reports are about to get into full swing. Along with reports come expectations, surprises and sell-offs. Selling may increase due to the end of the year profit taking  and buying will become more active due to positioning into the next year. Therefore swings in stocks may become wider. So, allowing  for wider swings both ways and preparing for the possibility, we may avoid the unpleasant task of last minute decisions or big surprises.

Here is what I see for this week and perhaps beyond:




Happy Trading, Living and Dancing
Anni

The Daily Pick - ©DayTrading with Anni 2007 - 2014 All Rights Reserved

The Weekly Market Outlook - A Lookout for Bears and the Taxman

Tweet *****This week will be telling about the market sentiment going into the 4th quarter. Further wild fluctuations are possible as is the pulling in of the horns by the bulls. Not necessarily giving up or giving in, the bulls would probably prefer to just throw up some dust whilst eying whence danger, if any, is coming.

Protecting our health and interest is the obligation of all of us for ourselves because without us being healthy we can't take care of others. Thus holding on to gains, keeping it on close watch and nearer to our pockets is not greedy but wise especially when markets are looking as if they could turn.

Yet it's not always that simple because we also have to add into the equation the Taxman (IRS for short). If not calculated properly this bite may be worse than a Bear's, so sales of our holdings have to be carefully calculated to do us no harm.  Hopefully we all do our tax planning at the beginning of the year and not the end thus making the end of year decisions more simple but for those who have not, a consultation or at least a study of capital gains consequences may be crucial to keeping healthy and wealthy.

Happy Trading, Living and Dancing
Anni
The Weekly Market Outlook - $DJIA $SPX $NDX


©DayTrading with Anni 2007 - 2014 All Rights Reserved

The Daily Note - Quarter End Profits and Market SellOff

Tweet *****See an excuse at the end of a quarter, but especially at the end of the 3rd quarter,  and profits will be taken, slump created from which  new opportunities are formed ... in time. Simply put, from the ashes, phoenix rises.

Given today's $AAPL news it's not surprising that institutions may be taking off positions. How much is the bigger question which will reveal itself in time.  Opportunity will be bought; It's like a phoenix, you can't kill this bird.

But today was not so much about $AAPL as it was about the end of the 3rd quarter and the end of the year scenario beginning to be played. Sell for profits, and minimize tax gains, buy back before the end of year,  for next year profits and do it so no wash sale rule applies. Hence the all important 30 day absence creates a slump after which enough time for opportunity to be formed.

When markets slump or quickly rise, watching levels of support and resistance become even more important because they become the opposite markers on the reverse. Spending time on charts and studying levels pays off in the long run because one does not have to time the top and the bottom, but can recognize direction change more easily and perhaps with better timing.

These were my comments today, Thursday Mid-Day :

$DJIA A bit of a challenge: could we bounce from here? Watch the 16950 support / 17010 resistance 

$SPX Ask yourself: Are institutions/pros taking profits before 3rd quarter end? Watch support 1960-1961

$NDX watch the 4011 then 4000 support : IF we keep bottom then 4040 is bounce upside resistance

Below, Thursday's results and Friday outlook: 

DJIA closed at 16945.80 with same low and which now has potential of testing previous 16932 but also becomes vulnerable to 16900 and 16855 and 16800 test for support

SPX closed1965.99   with same low  so it has potential of breaking lower to support

NDX closed at 4007.82  low of 4007.63  and which broke down the 4011 now has the potential of testing the 4000 low 

So, Trade it well and carefully!

Anni

The Daily Pick - ©DayTrading with Anni 2007 - 2013 All Rights Reserved

The Weekly Market Outlook - $DJIA $SPX $NDX 22 Sept 2014

Tweet *****Traders, after holding breath for a few days waiting for the FOMC, let out a sigh of relief which bounced the markets once more to reach highs.  Not much more to it than that.

This coming week is the last of the 3rd quarter, so once more we look forward to the analysts opinions about earnings and what is to come in the 4th quarter to end another year of  positive gains and wonders. After which earnings season once again descends, positioning, tax strategies begin and soon the year will end.

But before I run away with thoughts too far ahead, listen to what my current thoughts are about the possibilities in the week ahead. Then take pleasure in the end of an Indian Summer and welcome the Fall(ing) leaves.




Happy Trading, Living and Dancing
Anni  

©DayTrading with Anni 2007 - 2014 All Rights Reserved

The Weekly Market Outlook - $DJIA $SPX $NDX & The Recovery

Tweet *****Markets are sitting on a decision point. I say point, because the more uncomfortable it becomes on the tush the more likely that it will move somewhat violently one way of another.

The truth is we cannot continually excuse the bad news to be OK news. We cannot continually say that this is the only market that there is where people will put their money to invest; and we cannot continually think that  we are in a robust economy when earnings expectations meet or exceed a lowered expectation.

I don't wish to throw any wet blankets on anyone or anything, but evidence is actually to the contrary. We are at best sputtering.  Even though this is the only market that people can continually rely on to invest, the much too often talked about sidelines money from the citizenry is going to meeting living expenses and not  not waiting for the right time to enter. Evidence is that the jobs market may actually reduce not increase much in large due to ObamaCare. Evidence is that the government is not only  increasing income taxes, but adding other taxes that are hidden, in everyday life.  Also, evidence is that inflation for you and my living expenses are on the rise at much higher than 2.2% .

Inflation is not measured by the government as it actually effects us. Maybe inflation is not so much evident in your gas or energy cost or your interest cost (yet).  But it's hugely evident in your food cost, your entertainment cost, your travel cost, your health care cost, and even your parking meter cost.

But the largest evidence that we are not nearly in a robust recovery as we'd like, is in the wage increase data. Yes, you read that right. When wages don't increase across the board (unless compelled by the government) it means that the people are not going to do much better than last year or the year before especially when compared to the cost of living increase (inflation).  Some people point to "bonuses" being on the rise to employees and should be looked at as a wage increase. The trouble with that argument, aside from the reason it's done that way by companies, is that most employees don't get a bonus.

So, the big question of where we are really in this recovery, becomes more weighing on the markets as we keep pushing higher because low volume does not always mean everyone's happy where they are sitting.  In short, as I always say, "trade it well and carefully" my friends.

Happy Trading, Living and Dancing
Anni
Visit my Trading List Services 

The Weekly Outlook #38 ~ 15 Sept. 2014


©DayTrading with Anni 2007 - 2014 All Rights Reserved

The Daily Note ~ Look at Me, Not Your Watch $AAPL

Tweet *****I quit wearing a timepiece (watch) the day I left corporate life. Having worked for an airline compelled me to live by the minutes on a clock, so wearing a watch was mandatory. I still remember the feeling of removing it, setting it on my dresser and actually being relieved.  That was thirty years ago and I never wore another time piece since, nor have a ever had a need for one.

One thing that strikes me about this new and possible fashionable item for a new generation is the memory of seeing people constantly looking at and checking their watches. Like the smart-phones they were the nervous "tick" of the masses. It made people look important, to somebody, mostly themselves.  After all, if you look like your waiting for someone at a bar, you're not looking so desperate to meet someone new. Your ego's intact. It was also a signal of boredom, therefore rude, to look at your watch while you were conversing with someone.

Smart phones and tablets have become the wristwatches of yesteryear in the past decade.  It's even worse than a watch because it would have looked silly to talk to or keep adjusting a watch, but the use of a smart phone it has become a natural action.  In short, smart-phones have become relied upon as useful company as much as they have become mandatory for business and social interactions. After all, if you look like you're busy calling, texting, or messaging, you're don't look desperate for company.  Yet, it makes it even more difficult than looking at a watch to strike up a live conversation with the person next to you. When your eyes are on a screen busily interacting with "whoever" or "whatever" it shuts down eye contact with anyone live, but it keeps your ego intact.

Seems to me that doing the same with a watch as with a smart phone, we will have combined the two. A brand new generation of people will be endlessly looking at the screen on their wrist, taking away even more attention from their surroundings. At least with the smart-phone most use both hands and, at some point the phone was put away like for instance during a meal. A wristwatch, on the other hand (no pun), will always be available and seeing persons constantly looking at their watches will, indeed, look silly again to someone like me. Maybe worse if you're also signaling boredom coupled with rudeness when it's taking away attention from the person you're with, because a glance at a watch is far different from being engaged with one.  

Happy Trading, Living and Dancing
Anni

The Daily Pick - $AAPL

©DayTrading with Anni 2007 - 2014 All Rights Reserved

The Weekly Outlook - $DJIA $SPX $NDX Sept. 08, 2014

Tweet *****We are in the last month of the third quarter and what lays ahead can be both higher or lower.  Markets continue to push higher ignoring all negative news after it's digested. It makes for a look ahead higher with a weary eye toward a possible reverse. Weary or not however, I look at and for both.  I'm seeing the battle lines drawn and it's why I like to know about the possibilities of the next outcome.

Since none of us have a crystal ball, and my psychic abilities are limited with numbers, I'm forced to look at the markets this way.  I'm just one part of the masses who have collective control and so I prefer to be ready with the moves both ways. Whether  you are a long term, swing term or day trader,  determine setups for both long and short because it makes no difference about the direction when you know where you're going.

I force myself to think this way because I can be easily swayed by my own prejudices. If I believe that the world will end in the next week, my prejudice will show in my trading positions unless I don't allow myself to be so swayed. Therefore setups for both long and short entries, targets are based on the charts. Adjustments (if any) are based on market action, but never do I try to forget the possibilities initially seen. I usually regret if I do.

So, for the following week, this is what I see:



Happy trading, living and dancing
Anni

©DayTrading with Anni 2007 - 2014 All Rights Reserved

Small Studies for Trading and Life - Useful Use of Stops and Alerts

Tweet *****It's oft said that if you miss one train there's another one coming, which also applies to trades.  Trouble is that in trading, as in life, you never know which one will run you down. So always look for and  heed those stops!

Last Thursday I spoke about waiting for $AAPL.  Often we wait patiently for that next train (read trade) but too often we pace up and down on the platform looking at the time and thinking that it will pass us by and we'll never have the opportunity again. That is when the train whistle should blow loudly in our heads to alert us that we may jump before we think about our destination.

It is why when planning a trade look for best opportunities which have often occurred before. But before you get on that train, be sure to settle on your stops and destinations (targets).

It's also wise to set alerts so you know what's coming at you; lest you be run down by gravity. I bet you many people in $AAPL wished they'd done that today!

$AAPL Daily chart 3Sep14

Notice how the first test of support from last week was sliced through and the second support was tested; after which $AAPL closed just above the line. Also note that yesterday, for the first time $AAPL closed above the channel trend-line with a candle of indecision. Now watch for the 50% retrace test.

Happy Trading, Living and Dancing
Anni The Daily Pick - ©DayTrading with Anni 2007 - 2013 All Rights Reserved

The Weekly Market Outlook ~ $DJIA $SPX $NDX - Sept.02, 2014

Tweet *****Market looks like it needs more than this past weekend to pause and rest although the futures look somewhat positive for the moment. There can be several reasons why we may be looking at a moderate to tight rise. Perhaps more investors are beginning to peel profits. Perhaps it's due to the uncertainty of the EU coupled with the strengthening of the $USD. Perhaps also due to the uncertainty of the Middle East's new threats to our security.

It's true that the USA is still the safest place to invest, yet there does not seem to be a strong inflow of funds for the time being. It may change going further into the month, but traditionally, it is also the last month of the 3rd quarter, and earnings season will be again soon upon us. Institutions will be looking for profits to report at the end of the year and positioning into holdings they may have missed or see further positive returns toward the end of the year.

So looking ahead this week, this is how I read the index charts:



Happy Trading, Living and Dancing
Anni

©DayTrading with Anni 2007 - 2014 All Rights Reserved

Small Studies for Trading and Life ~ $AAPL

Tweet *****On Thursday, $AAPL continued to test the upper trend-line. after a brief test to the first support line on Tuesday. Now, as you can see on the chart below, AAPL is testing above the top channel trend-line but still closing below. Although it's hitting new highs, it's showing some hesitation on part of new buyers here. I call it the trader killer, scalper promise. Scalpers are the ones who taunt those who don't wish to miss out on the next big break.  These can be false breakouts, programmed or not, testing how far others will follow.  In addition, those who wish to take some profit will take advantage of the new highs. Therefore, those who enter and hold can be killed on a reverse so it's a bigger gamble.

 Although it may take days or weeks, eventually these patterns give in and reverse before breaking out again, so it now behooves a trader to practice patience until the next pullback is finished. To help you with patience, just keep the chart below in mind;  I can count 3 pullbacks just in the past 3 months.

Happy Trading, Living and Dancing
Anni

Disclosure: $AAPL has been on the SwingTrader list for entry at 95.25 on 8/11/2014 with top target as $99
©DayTrading with Anni 2007 - 2014 All Rights Reserved

Small Studies for Trading and Life - $AAPL

Tweet *****When trend lines and channels get hit, it's a signal to watch for a reversal.  It may reverse for only a couple of days or it may head for the bottom of the channel.  Therefore it's important for a trader to mark those support lines and heed them.

 

Happy Trading, Living and Dancing
Anni

 ©DayTrading with Anni 2007 - 2014 All Rights Reserved

The Weekly Market Outlook - $DJIA $SPX $NDX August 25, 2014

Tweet *****This week could test the market's resilience and drive. Traditionally it's the week that schools start once again but also there is the first fall and last summer holiday weekend before Thanksgiving. A holiday that allows families to catch the last rays of sunshine before fall sets in. Focus will be mostly on schools and travel.

Geo- political events may also impact markets although my experience is that the markets are relatively numb, or dumb depending on ones point of view,  resulting in mostly a "ho-hum" and "on with the show" attitude.

Nothing in short of an earthquake, but not even that in my opinion, seem to get this market off its rising path. Which is where most advisors will tell you to pay attention.  My "old" saying that:  "When most people are in the parade it's time to become a spectator", pops into my head.

Yet the trajectories in the charts still show the possibility of  further highs in the indexes. So it may be a slow burn, which can be the most dangerous, remembering the frog in slowly rising hot water scenario.
Watching out for the tighter daily highs and lows maybe one of the best signals, and so would a profit taking indication but what I feel is that many have trouble departing or taking profits because they fear they're leaving the markets too early. It's what many call greed, but truly as one who's been there, it does become a dilemma. My best solution for it is to take some off the markets because profits are never real until spendable and in the bank.

So here is how I see the markets for the week ahead:

Happy Trading, Living and Dancing
Anni

©DayTrading with Anni 2007 - 2014 All Rights Reserved

The Weekly Market Outlook - $DJIA $SPX $NDX 18 August 2014

Tweet *****The market has tested support and resitence levels, as reviewed last week, with continued possibility of testing lower levels before breakout to new highs.

World politics and news may make for faster tests to the downside and possible quicker recovery as well. Optimism or pessimism into the Fall and final month of the quarter will weigh more heavily as we close this week and month.

The fast rise in latest days of the $NDX can become a challenge if it reverses and continues down below the test lines. It could create pattern signaling a longer term pullback. But the $SPX and $DJIA still need to catch up which could further support the Nasdaq and its climb.





Good luck and
Happy Trading, Living and Dancing
Anni

The Daily Pick - ©DayTrading with Anni 2007 - 2014 All Rights Reserved

The Weekly Outlook - $DJIA $SPX $NDX for August 11, 2014

Tweet *****Markets are resilient, but where are we really? We've been rising for five years now so are we in a small correction or a major one coming, or are we at the crossroads of a consolidation and breakout to new highs?  I can only follow the charts and hopefully discern what is just noise. Here's what to look for this week:



12 Aug. 2014 Tuesday evening: $DJIA $SPX $NDX   The levels to watch haven't changed, instead they were confirmed in the past two trading sessions.

14 Aug. 2014, Thursday evening: $DJIA, $SPX   Finishing at resistance are we back on easy street? Friday should be testing the 16750-16800 and 1960-1965 respectively. $NDX is running ahead of itself and the markets. Perhaps a little too fast. Friday watch the 3975 - 3983 and the 3960 for stress tests.


Happy Trading, Living and Dancing
Anni

©DayTrading with Anni 2007 - 2014 All Rights Reserved

The Weekly Outlook _ $DJIA $NDX $SPX August 3, 2014

Tweet *****Market outlook as I now see it on charts: $DJIA $NDX $SPX




 ©DayTrading with Anni 2007 - 2014 All Rights Reserved

The Weekly Outlook and Monday Ramblings

Tweet *****Today had pressure to the upside since markets were a bit oversold and relieved that Ukraine did not blow up .. but the markets IMHO do not see what Putin is capable of, hence I am probably more cautious than most. My bias is showing at such times when people think Ukraine has power to decide for itself but without western support (which already showed as weak) they have nothing.  Crimea should not have happened if we were going to help defend their position.

As to the other markets of the world,  I heard today that the air pollution is so bad in China  that it is importing fresh air bags for their citizens to breathe.  Why can't we sell fresh air to China in exchange for our debt? California is now one of the cleanest air states in the USA if not THE cleanest. We are paying a premium for it in our taxes so why not capitalize on our investment?  Something is not right with the world when we still excuse China and blame the USA for climate change when all evidence is to the contrary.

Who's holding things up? Is the economic optimism really so positive amongst the many or is it only amongst the few?  Which "Father" knows best Icahn and Buffett?  We see a lot of news on both but does anyone ever pay attention to what Soros is doing?

In short, I see nothing today that will change my opinion about the outlook yet.


Happy Trading, Living and Dancing
Anni

 The Weekly Outlook $DJIA $SPX $NDX


©DayTrading with Anni 2007 - 2013 All Rights Reserved

The Weekly Outlook - A Bull or Bear Be ~ $NDX

Tweet *****Looking at the current daily chart of the $NDX today I still fail to be convinced of a bullish position. First there is a downward open wedge pattern that needs to be reversed. Second there is a hesitation here along the top line of the trend-line and third, it's still out of the channel.

Finally the turning point is not until between 3640 - 3650 area and until then there are a few obstacles to overcome. Looking at today's close, history shows that it has reversed from this area numerous times and that the breakout is more difficult but of course not impossible.

The top current trend-line is important here as is the bottom channel line a continuation to the down along the trend-line could break the center support of the open wedge whereas the breakout up could support at least the testing of the 3635 area and further momentum back into the channel.

Regardless of a Bull or Bear be, don't allow your vision to be opaqued by your thinking. Watching the chart will instead clarify doubts one way or another and perhaps you'll also note the possibility of a right shoulder forming.

Happy Trading, Living and Dancing
Anni

The Weekly Outlook - $NDX Update

©DayTrading with Anni 2007 - 2013 All Rights Reserved

A Daily Note - Anatomy of a DayTrade $AMZN

Tweet *****As trades go, we can plan and we can plot but there are days when all our plans from the actions in previous days get tossed. The reason is that there are overnight changes in news and mood that may create gaps which we can clearly not predict.  Scrambling to see how to adjust to these is where many get a bit confused especially when "crutches" are used. Crutches are indicators which may go wild with these swings, adding to the confusion.

It is important to keep in mind the overall patterns that such happenings may create. The truth is that chart patterns once observed, practiced and kept in memory do not change their behavior nor do they lie. So below I present an example of how to analyze the chart accordingly, showing what happened today with $AMZN.  Amazon after announcing earnings last eve looked good for a breakout but this morning it presented a different face. My PlayList call to my subscribers was for a long position from 335-337-339 and short position from 332-330-328. Those who could trade it from premarket were able to take advantage of the high entry short but those who may have gotten to the table later and/or cannot trade premarket times, had a dilemma: If they entered at open were they chasing the trend or if waiting could they completely miss out.

The chart below shows how to analyze such occurrences and once seen, how one can play them. Patience as always is a major key in trading and this morning proved it once again; when analysis is clear positions are held on much more sure footing and therefore with more confidence. When a trader does not analyze but jumps without waiting for clear vision is when mistakes are made and trades can fail.

The quicker a trader can identify and analyze the trend the more he/she can take advantage. Remembering that, always with any trade, an "if/then" plan must be coolly followed for actualizing a successful trade because luck nor trends will always be a friend.

Happy Trading Living and Dancing
Anni

The Daily Pick - $AMZN

©DayTrading with Anni 2007 - 2013 All Rights Reserved

The Midweek Update - Who's the Leader? $DJIA $SPX $NDX

Tweet ***** Depends on which index you like to follow, the patterns on the three indexes differ in ways. Long time listeners know that the charts usually have much in common yet, here today I see a possible strong breakout off the high on the $DJIA, a flat top on the $SPX and a possible stall on the $NDX . It's unusual to have such differences. Since April Fool's Day is over,  perhaps it's due to the unknown,  namely the coming of the 1st quarter reports. World jitters seem to have subsided but no matter which course the markets take, one of these charts foretell what is to come and will show its leadership.

Happy Trading, Living and Dancing
Anni

Weekly Update $DJIA $SPX $NDX

 ©DayTrading with Anni 2007 - 2014 All Rights Reserved

The Market Outlook Update - Putin, Ukraine and EU Concerns

Tweet *****I'm an optimist except where Putin is concerned, but I've  been saying that for years, so now what? Listen to me or listen to others the idea that peace comes through disarmament creates an illusion that has been driven into us for decades by the very people who would use their arms to attack.

Think of it this way. To say that by cutting off your arms you will be able to defend your home, is not only foolish it's dangerous. To say that by extending nothing but appeasement to the thieves, rapists and murderers of your community will not keep you safe. The EU needs to learn to defend itself against those who wish to kidnap its interest to ransom because that is exactly what Putin will do with the gas and oil pipelines it means to control.  He's had them in his sight since the disgrace of losing not only the Cold War but equally importantly the pipeline war to Reagan. Again, history helps here to understand what is to come. The pipelines wars have not stopped, only got cloaked in peaceful agreements née appeasements; but make no mistake control of the pipelines from the middle east will make all the difference to the EU and the US. Putin knows this and has had them his grand plan to restore Russia's glory and will have them in total control sooner now that the EU and USA does nothing about Ukraine.

While the world forgets and our governments decide to ignore the Budapest Agreement of 1994  Putin watches with interest how the West once more can be taken advantage of just like with the Yalta (Crimea) and Potsdam Conferences of  1945 where the same three powers agreed on restoration of European countries. History knows how that agreement was honored by the Russians with millions persecuted and dead on the Central and Eastern side of Europe.

Those who think this has nothing to do with the markets and trading I can only ask to think ahead. The future of the USA and how it can conduct business is very much in play with these events. How the US government handles Putin's aggression will not only foretell our future strength, but also the future markets. Our ability to produce and sell will be effected. Consider that the EU may become less and less able to protect itself from Eastern aggression. Will we be able to step up the will to honor our agreements? Bigger question still, will we be able to protect ourselves?  I'm not for fighting wars but I'm definitely in the camp of preventing them from strength.

There is no good news.  I've been waiting to write this article for quite some time, but my optimism prevented my intuition to speak. We are now beginning to experience what it is to be in a weak position. What I see now is becoming possible only because of the mentality that all things "good" mean that it has to come from "peace at all costs". In other words, the disarmament symbol hijacked to become a peace symbol  is costing us.  It's costing us not only our strength but also our freedoms, but most of all our belief in our ability to be the beacon of light of which Reagan spoke in his farewell address.  Will Poland be next after the Ukraine, once again?

 I'll still remain an optimist but (hopefully) not a fool.

Happy Trading, Living and Dancing
Anni


 The Weekly Outlook Update  26Mar14 -   $DJIA $SPX $NDX


©DayTrading with Anni 2007 - 2014 All Rights Reserved

The Weekly Outlook - Grin and Bear It vs. Bare It ~ $DJIA $SPX $NDX

Tweet *****So we wonder how it will come to end. The bull market, not the world. Truth is that the bull market never really ends it just takes a pause from time to time and changes direction once in a while. Just study the charts since the beginning of it all and you'll see that most of the time we are the bull and less of the time a bear.

That fact aside, we talk as if when the bull market changes to a bear, the world will come to an end. A change in direction, when not planned for, is usually unpleasant for us when we are merrily traveling on a taken path toward a goal. But change is inevitable whether (or weather) we like it or not. Causes can be many but direction is not. It's a down direction on the charts when the bear awakens and comes out to hunt.

The real question is how we as traders and investors approach the change. Investors tend to grin and bear it traders on the other hand most likely grin and bare it. The difference being a passive stance vs an aggressive one.

To an investor or long time-frame trader a temporary downtrend change means to hold on, keep smiling and bear the change. They know that it is only for a short time and for the long run they can use the opportunity to add to a bull position; hence, they can grin and bear it.

To a day-trader or a swing-trader, aka short-term trader,  the opportunity is to change direction with the market, flip the trade and take advantage of the weakness; hence, they grin and bare it. Bare can mean the baring of teeth as animals do when taking an aggressive stance which short term traders have to do in order to take advantage of market changes. Sharpening ones horns or baring ones teeth mean the same thing to traders only the direction is different.

A grin can be a broad smile, like on the cat that ate the canary, or it can be a grimace, like on a skull. When the bear market hits, whether you'll  "grin and bear-it" or smile and work through the pain, or "grin and bare-it", grimace and bare those pearly whites in aggression,  knowing how you will approach change will reveal and define your style and your approach to the markets.  Just remember that the bull never really goes out to pasture, but it's the nature of bears to hibernate.

Happy Trading, Living and Dancing
Anni


The Weekly Outlook - $DJIA $SPX $NDX


©DayTrading with Anni 2007 - 2014 All Rights Reserved

The Weekly Outlook and Analysis - Putin, Crimea, Ukraine and Pipelines

Tweet *****Despite all the negatives that can be cited about the world politically, economically, the market keeps them only at an arms length;  pausing temporarily, taking a breath, checking if it's still alive and then continuing on its path.  Very few if anyone in news media is looking at things ominously; rather they are looking at it as a separate issue from all other moves that may be made. It is so that we can ignore the world as a whole.

Oddly the same is not true when we discuss ecology or climatology.

I can address many issues of which I speak, but today I am speaking about what is happening in the Ukraine and Crimean Peninsula. I hope that this Major Oil and Gas Pipeline Map will help those who wish to decipher the reasons why Putin would make such a move. Please open it, download it to view on your big screen.  Control is always at issue and territorial control is the most desired goal. Georgia, Crimean Peninsula, Ukraine, are the remaining issues that assures total control of the Black Sea and eventually all the EU pipelines. Take a look and the future path to control will become clear also.

The invasion of Georgia by Putin during the 2008 Summer Olympics in Beijing was and is the same plan yet it's seldom if ever mentioned.  Now, again within a month of the 2014 Winter Olympics at the Black Sea another takeover occurred. Believe in coincidence or not, they were both planned by Putin having the goal being the control of EU's oil and gas pipelines from the Middle East and ultimately the control of supply.

Make no mistake about the big plans Putin has to re-establish the former glory of his country. It's ongoing, relentless and like all other Russian plans, most likely to succeed. The only question that remains is: at what cost to humans and humanity if we do nothing and/or if we do something.

Happy Trading. Living and Dancing
Anni

 The Weekly Outlook - Week #12  $DJIA $NDX $SPX


©DayTrading with Anni 2007 - 2014 All Rights Reserved

The Weekly Outlook - Holidays & World Markets

Tweet ***** It 's always more difficult to look forward after a long holiday weekend. Markets may be open in other parts of the world, but act more dependent on the reports and market action in the USA. I suppose that is not surprising from a world leader point of view, but if you consider that there are companies creating products and services in other parts of the world which should influence their own market action, it's is surprising how low in volume they really are. It's as if those countries' products and services are dependent on how USA is doing economically but I doubt if all products and services on the world open market are solely dependent on USA orders. So I think it more psychological.

People like good news and if they get bad news they try to see the good in it. People who don't listen to the news also have a better outlook and people who do think crimes are much more prevalent than they are actually.  That is proven but it does not answer why the markets are slow overseas when the  USA markets are closed. Obviously there are more overseas investors in the USA than overall in the world? Does that make any sense? In many ways it does

When we consider that we, here in the USA, are brought up with the obvious that the better opportunity lies with innovation and investments, then it makes sense that more Americans will take advantage. Not all people can become innovators, starters of good services or products, but all can in some level participate in the production of those through the markets. Therefore, we have more people individually or institutionally investing. The world marvels at how we do it, but that is what the good part of capitalism brings us: opportunity to be participant innovators and producers via our investments.

Banks don't produce much at all, they are lenders and collectors, therefore they can only give us low profits on our money; but companies can thrive or fail big or small (provided government does not interfere) so we can make it big or we can fail equally as big. What is nice is that the markets can afford us the opportunity to do so. In other words, if you wish to have it safe, you won't find it in the markets. Like this country, markets were not designed to keep us or our money safe; they were designed to give opportunity for all who wish to take the gamble that better things can be achieved.

We have the advantage that most people who emigrate here are looking for those type of opportunities. In fact the places where most people tend to go give them what they are seeking. Those who like to be safe tend to stay with the collective thinking and much like banks, those countries will not or cannot give those opportunities except to the very few; hence, and perhaps the reason why less activity is noted in world markets while we are closed for action.

Happy Trading, Living and Dancing
Anni


The Daily Pick - $DJIA $SPX $NDX


©DayTrading with Anni 2007 - 2014 All Rights Reserved

The Weekly Outlook - Week of 2-10-2014

Tweet *****No article published with this outlook


The Weekly Outlook  - $DJIA $SPX $NDX


©DayTrading with Anni 2007 - 2014 All Rights Reserved

The Weekly Outlook - The Pricing Dilemma

Tweet **** The past few years, since 2009 to be exact, we have seen a rise in the markets to new highs. Along with that rise I have also witnessed that there are less of the major players volatile enough to trade in a reasonable price range. In other words either the volume has dried up or the prices have risen so much that it makes it impossible for most non-professional traders without big accounts to trade them.

Time was that we traded $GOOG, $AMZN  at much lower prices along with others like $AZO, $ISRG, $MA. I remember $CME, $CAT $FCX  $MON to have nice ranges, and along with good volume to move them more than a few dimes a day. Now they have lost daily volume and ranges became tight. I suppose it's the price you pay for good rise in the markets, yet I wonder if it's really good for us.

Given the premise that the markets predict the future economy, then we are either heading for hyper- inflation and a much more divided society that gives socialists strength. The two-class system that they like to create  dependence and true elitism,  can only be thwarted by a strong middle class. The market was an opportunity  for the  middle class as well as the super rich, and even the savvy poor,  to have a chance to grow wealth at a better pace than bank interest rates. Now, however,  I wonder how many are investing or better put, how many can invest even if they are not scared off by the past decade and half of events.  

If there is a conspiracy to divide the society it is certainly helped by the over exuberant rise of the market this past year and hyper - inflation would just price most of the people out of it completely, creating a much more divided society; resulting in perhaps near total disappearance of the middle class along with the USA.

I'm sure not everyone will see it my way yet I wonder if it were not better to have let the 2007 crisis play itself out naturally, rather that a government fueling the fire to create what we have now. Debt and inflation;  most of which they hide from reports. We may have had the survival of the fittest to carry on but from the ashes would have risen much more opportunity in my humble opinion.

So as you may dread a correction in the markets, I assure you it 's for the good. Look at history; it has always come back stronger. The unfortunate part of the scenario now is that once the government involves itself especially like it had for the past 7 years, they have a harder time not to step in once again.


Happy Trading, Living and Dancing
Anni

The Weekly Outlook  $DJIA $SPX $NDX  was posted on YouTube on Monday  we have now reached the regions  I have mentioned and further downside is possible.

©DayTrading with Anni 2007 - 2014 All Rights Reserved

The Daily Note - $AAPL Post Earnings Outlook

Tweet **** My opinion about $AAPL earnings and outlook according to the chart pattern were posted last evening. Today we can only watch to see how it plays out for now and into the future. It may have a strong initial influence on the markets  but I don't think AAPL has as much affect as it once had. At the same time also remember that other major companies are yet to report and their outlook into the next quarter will become increasingly important.

Good luck in the markets and
Happy Trading Living and Dancing,
Anni

The Daily Pick $AAPL Post Earnings Outlook

©DayTrading with Anni 2007 - 2014 All Rights Reserved

The Weekly Outlook - $DJIA $SPX $NDX Chart Analysis

Tweet *****Posted for Monday on YouTube the following Market Weekly Outlook

 The Weekly Outlook


©DayTrading with Anni 2007 - 2014 All Rights Reserved

Happy New Year, 2014 - A Posse ab Esse

Tweet *****Reflecting on the new year and what is to come, I am once again reminded of my motto and wish to remind us all about what is to become real largely depends on us.

Those who do not believe that what is possible can become real, should not trade, invest or plan. Period. Everything in life from the mundane to the special requires a belief that it can be achievable. Those who aspire to trade need to realize that believing in achieving requires belief in oneself to be able to execute on that belief. Unless you can, you cannot realize the possible.

In the above title, a Latin phrase, Esse means reality; Posse means possibility;  A means from and Ab means toward or to; in between, the implied operative word is action. Taking action is what will make it real.

Wishing you all a
Happy New Year 2014
Anni

The Weekly Outlook - $DJIA $SPX $NDX


©DayTrading with Anni 2007 - 2014 All Rights Reserved