Generated by All in One SEO v4.9.3, this is an llms.txt file, used by LLMs to index the site. # TheStockBandit.com Swing Trading and momentum investing stock pick newsletter and swing trading service. ## Sitemaps - [XML Sitemap](https://thestockbandit.com/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [Priorities - Blueprint 4-30-2015](https://thestockbandit.com/blueprint-4-30-2015/) - Good evening StockBandits! Stocks stumbled out of the gate this morning with a downside gap and only a brief and modest attempt to fill the gap. Once the bounce had run its course, selling pressure returned to take the averages to new session lows. It became a trend day on the downside, taking the indexes - [Elevator Music - Blueprint 4-29-2015](https://thestockbandit.com/blueprint-4-29-2015/) - Good evening StockBandits! Fed day has come and gone, and so far not much has changed. From the announcement time to the closing bell, two hours passed, and yet each of the averages finished just a couple of points from where they were pre-FOMC. Either it's the non-event the market seems to be treating it - [Zig and Zag - Blueprint 4-28-2015](https://thestockbandit.com/blueprint-4-28-2015/) - Good evening StockBandits! Monday's move involved an early headfake to the upside, and today we got the opposite. Stocks tumbled shortly after the open to move deep into negative territory, only to fully reverse and recover between mid-morning and mid-day. Once positive, each of them stayed there until the closing bell, with the NAZ being - [180 - Blueprint 4-27-2015](https://thestockbandit.com/blueprint-4-27-2015/) - Good evening StockBandits! Things started out upbeat for the bulls this morning, with a gap-up open and some additional strength into 10a.m. ET, even ahead of a major week of scheduled news. That marked the high of the day, however, as stocks turned tail in 180-degree fashion, filling the gap by mid-day and grinding lower - [Just Teasing - Blueprint 4-26-2015](https://thestockbandit.com/blueprint-4-26-2015/) - Good evening StockBandits! The indexes gained some ground last week to keep the pressure on the bears, yet when given the chance to break out and run higher, they didn't. Maybe they were just teasing or maybe we'll see that take place this week, but until we do, it's a split decision. The RUT and - [Two's Company - Blueprint 4-23-2015](https://thestockbandit.com/blueprint-4-23-2015/) - Good evening StockBandits! Today the NAZ broke out to a new 52-week high, joining the RUT to make it a 2-on-2 game. The S&P 500 briefly painted a new all-time high, but closed inside its range, so a breakout there remains elusive. And the DJIA is still caught in its range, although it edged higher - [Repetition - Blueprint 4-22-2015](https://thestockbandit.com/blueprint-4-22-2015/) - Good evening StockBandits! Stocks recognized and respected resistance once again today, continuing the repetitive testing of the short-term ceiling. And although the gains were decent, the most impressive aspect of today's action was the fact that stocks shrugged off some morning weakness to go from red to green across the board. As a result, nearly - [Herky Jerky - Blueprint 4-21-2015](https://thestockbandit.com/blueprint-4-21-2015/) - Good evening StockBandits! Since the opening couple of hours on Monday, we've seen virtually no movement. It's as if traders are suddenly on hold for something very major, yet the schedule doesn't seem to have anything obvious on the immediate horizon. There's a Fed meeting next week, but we're still 8 days out. Today, we - [Lift and Drift - Blueprint 4-20-2015](https://thestockbandit.com/blueprint-4-20-2015/) - Good evening StockBandits! After stumbling into the weekend with a Friday fall, stocks rebounded today with nearly a full recovery. The entirety of the move took place right off the bat, however, with a gap up this morning and some early follow through before a few hours of lateral drift kicked in. By the close, - [If You Hesitate - Blueprint 4-19-2015](https://thestockbandit.com/blueprint-4-19-2015/) - Good evening StockBandits! I'm not sure who coined it, but there's an old phrase that says "If you hesitate, you die." Maybe it was a Wild West gunslinger mindset, because in a duel that certainly could be the case. But in today's market, it's a phrase that carries weight as well. I mentioned in Thursday's - [Postponement - Blueprint 4-16-2015](https://thestockbandit.com/blueprint-4-16-2015/) - Good evening StockBandits! With the major averages having reached the upper ends of their respective trading ranges (RUT being the exception), all eyes are on the breakout zones at the moment. Those are just a short distance away after the 2-week rallies we've seen, and anticipation is building as to whether or not the trading - [Is It Locked - Blueprint 4-15-2015](https://thestockbandit.com/blueprint-4-15-2015/) - Good evening StockBandits! It's tax day, but for the bulls, that's not nearly the biggest thing going on. For them, it's the fact that stocks firmed up today across the board to create widespread breakout opportunities. Since the February breakouts, we've seen the market struggle to make lasting headway as new highs were hit, only - [Just Killin' Time - Blueprint 4-14-2015](https://thestockbandit.com/blueprint-4-14-2015/) - Good evening StockBandits! The averages mainly churned today, as the lack of a big motivator left stocks mixed and awaiting a catalyst. The blue-chips were able to post modest gains, while the more speculative NAZ and RUT each rested with incremental declines. Just about the only excitement of the day came with a quick selloff - [Hightailing It - Blueprint 4-13-2015](https://thestockbandit.com/blueprint-4-13-2015/) - Good evening StockBandits! A morning lift kept the bulls locked in on the heels of last week's advance, but by late-morning they had run out of steam. The pullback which ensued erased the gains, creating some high-level "tails" on the daily charts. The RUT tagged a new all-time high, while the NAZ, S&P 500 and - [Floating Up - Blueprint 4-12-2015](https://thestockbandit.com/blueprint-4-12-2015/) - Good evening StockBandits! The major averages have seen tons of lateral price action of late, but last week they were each able to make a little more progress in floating up further from their late-March pullback lows. Some short-term resistance zones were cleared, and the moves higher within the trading ranges left the bulls feeling - [Poker Face - Blueprint 4-8-2015](https://thestockbandit.com/blueprint-4-8-2015/) - Good evening StockBandits! Today we got another reversal, this time to the upside, as stocks darted back and forth in the morning before ultimately settling higher on the day. The gains weren't significant, but we didn't see any downside follow through on the heels of Tuesday's intraday decline. The market is showing quite the poker - [Trio of Twos - Blueprint 4-7-2015](https://thestockbandit.com/blueprint-4-7-2015/) - Good evening StockBandits! The short-term bounce of the previous couple of sessions temporarily extended into a third day today, but stocks ran out of steam and reversed their gains by the closing bell. That's typical price action when caught in a trading range, so it's really not that surprising. In fact, the NAZ now has - [Perking Up - Blueprint 4-6-2015](https://thestockbandit.com/blueprint-4-6-2015/) - Good evening StockBandits! The market was closed on Friday but econ data was released nonetheless, handing the futures reason to retreat. This morning, the stage was set for a pullback, but the opening bell rang and stocks promptly perked up like a flower after an April shower to erase their opening deficit and move into - [Happy Easter - Blueprint 4-5-2015](https://thestockbandit.com/blueprint-4-5-2015/) - Happy Easter StockBandits! Last week we saw only limited continuation of the bounce which kicked in at the end of the previous week before more selling arrived on Tuesday and Wednesday. The downside was contained, however, allowing the averages to hold March support. Thursday's bounce was modest, but ahead of a major 3-day weekend, volume - [Filling In - Blueprint 4-1-2015](https://thestockbandit.com/blueprint-4-1-2015/) - Good evening StockBandits! If you missed the opening half hour today, you essentially missed the entire move, because that's when both the high and the low of today's session were set. From there, we lifted from the lows but spent the majority of the day moving sideways. A few gaps got filled in, making that - [Jumpy - Blueprint 3-31-2015](https://thestockbandit.com/blueprint-3-31-2015/) - Good evening StockBandits! It's getting to be a bit of a jumpy market with decent-sized gaps in 3 of the last 4 sessions. These are most clearly visible on the NAZ or RUT charts, although effectively it's taking place everywhere. Headlines or just shifts of opinion seem to be the culprits, as we've seen it - [Elbow Room - Blueprint 3-30-2015](https://thestockbandit.com/blueprint-3-30-2015/) - Good evening StockBandits! Friday's lift may have failed to impress with light volume and modest upside, but today we saw acceleration that made the current rebound take on the familiar V-shaped recovery like so many previous dips. With an upside gap to start the day, the strength could easily have been sold, but it wasn't - [Range Roving - Blueprint 3-29-2015](https://thestockbandit.com/blueprint-3-29-2015/) - Good evening StockBandits! Having just broken out to new highs, the NAZ was sitting north of 5000 a week ago Friday, and the RUT painted fresh all-time highs early last week. However, the blue-chip S&P 500 and DJIA refused to join the new-highs party, and ultimately the stronger averages succumbed to some selling last week. - [Passing the Test - Blueprint 3-26-2015](https://thestockbandit.com/blueprint-3-26-2015/) - Good evening StockBandits! A gap down open this morning left the NAZ and RUT each testing the areas of their February breakouts. Buyers emerged, slowly, providing support and enabling these indexes and the others to soon start recovering. All 4 of the indexes I watch were able to push into positive territory on the day - [Eyebrow Raiser - Blueprint 3-25-2015](https://thestockbandit.com/blueprint-3-25-2015/) - Good evening StockBandits! It's been a mixed bag of late with the blue-chip senior averages (S&P 500 and DJIA) unable to clear their highs of a few weeks ago while the small-cap RUT and NAZ have each been making new bull market highs as recently as Friday and Monday, respectively. Essentially, it has raised the - [Suspending Judgment - Blueprint 3-24-2015](https://thestockbandit.com/blueprint-3-24-2015/) - Good evening StockBandits! Monday was the 8th straight day for the S&P 500 to finish a different color than the prior bar, so needless to say, follow through has been hard to come by. Today we did see a little follow through with the second straight decline, although they've both been minor so far. Today - [Lazy - Blueprint 3-23-2015](https://thestockbandit.com/blueprint-3-23-2015/) - Good evening StockBandits! Once you've completed a big project, it's easy to feel deserving of some lazy time. Finish the yard work, head to the couch, right? Well, today felt just like that in the market as the bulls essentially chose not to work after making nice progress last week. The end result was no - [90 Points - Blueprint 3-22-2015](https://thestockbandit.com/blueprint-3-22-2015/) - Good evening StockBandits! After some post-Fed hesitation on Thursday, stocks got back on their horse Friday. The bulk of the gains came by way of an opening gap to the upside, although for 3 of the 4 I watch, additional strength arrived beyond the open. The NAZ was the only exception to that, as an - [Respect - Blueprint 3-19-2015](https://thestockbandit.com/blueprint-3-19-2015/) - Good evening StockBandits! Stocks took a bit of a breather today to digest the big post-FOMC move from Wednesday. The averages ended the day mixed, with the RUT and NAZ each maintaining their recent relative strength with modest advances today while the blue-chip S&P 500 and DJIA each retreated a bit to give back a - [Fed Fireworks - Blueprint 3-18-2015](https://thestockbandit.com/blueprint-3-18-2015/) - Good evening StockBandits! We don't always get a big spike on Fed days, even the highly-anticipated ones, but today we sure did. As the announcement hit, stocks were already seeing a modest lift off their early-afternoon lows but they quickly accelerated higher in response. The S&P 500 tacked on a quick 1% in under 10 - [IRA Course Sample](https://thestockbandit.com/ira-course-sample/) - FYI, there is now a sample lesson available for the new IRA course. If you've been wondering what it's about and whether or not you'll be able to learn something repeatable, this clip will give you a better sense of what the end result can look like. What I teach in the course is ideal - [By a Freckle - Blueprint 3-17-2015](https://thestockbandit.com/blueprint-3-17-2015/) - Good evening StockBandits! The RUT made the only, ahem, "meaningful" move today as it notched a brand new all-time high by - are you ready for this? - 0.01. I'd say that's much less than by a nose - more like a freckle. Technically though, it's a new high and to see the small-caps able - [Secure - Blueprint 3-16-2015](https://thestockbandit.com/blueprint-3-16-2015/) - Good evening StockBandits! The bulls apparently are feeling pretty secure right now, having come to the aid of stocks in the midst of pullback mode last week to place bids and produce at least a short-term turnaround. It hasn't been smooth, as Friday looked to be a bit of a hiccup, but it has found - [One and Done - Blueprint 3-15-2015](https://thestockbandit.com/blueprint-3-15-2015/) - Good evening StockBandits! A fast and furious bounce on Thursday put a temporary halt to the selling pressure which had largely characterized the month of March, but with Friday's arrival came the return of the sellers. We didn't quite see all of Thursday's gains coughed up, but generally speaking, we saw about half of the - [Maximizing Your Investment](https://thestockbandit.com/maximizing-your-investment/) - Each of us would like to receive a multiple in value above and beyond the price tag. But in order to do that, some effort may be required. - [Faking It](https://thestockbandit.com/false-breakout-reversals/) - Head-fake breakouts and breakdowns sure seem to be more common. Have you noticed? - [Developing Gut Feel](https://thestockbandit.com/developing-gut-feel/) - The more time you spend observing the market and trading, the more reason you will then have to trust your own gut feel and intuition. - [Have Oil Stocks Bottomed?](https://thestockbandit.com/oil-stocks-2-19-2015/) - Lots of energy-related names out there turning heads. Not just catching a bid lately, but actually showing some (dare I say) accumulation. Did you notice what happened today, with the gap lower and morning weakness largely being eliminated by the end of the session. Weakness was bought, not sold. Definitely noteworthy. I reserve my daily trading - [Holding the Towel - Blueprint 3-12-2015](https://thestockbandit.com/blueprint-3-12-2015/) - Good evening StockBandits! The proverbial rubber band snapped back today, putting at least a temporary hold on the selling pressure we've seen so much of in the past few sessions. Today's lift was sharp and decisive, much like we have seen time and time again in recent months (and years). The big question tonight is - [Like a Stripped Screw - Blueprint 3-11-2015](https://thestockbandit.com/blueprint-3-11-2015/) - Good evening StockBandits! Following Tuesday's spanking, the bulls didn't feel much like getting up and running today. They were able to slow the pace (and stop it in the case of the RUT), but that was about the extent of their accomplishments today. Choppy indecision reigned supreme throughout today's session, with the morning low being - [Spring Breakdown - Blueprint 3-10-2015](https://thestockbandit.com/blueprint-3-10-2015/) - Good evening StockBandits! This is the week when students head for the beach, and apparently so do the bulls. The minor advance we saw Monday created inside bars across the board, and today those were confirmed as continuation bars with another selloff similar to Friday's. Today's decline was a bit more intense, but in both - [Dip Buyers Emerge - Blueprint 3-9-2015](https://thestockbandit.com/blueprint-3-9-2015/) - Good evening StockBandits! With the market pulling back last week, and even right off the open this morning (NAZ gap fill), the dip-buyers emerged to stem a continued selloff. While today's gains weren't outrageous, they remind us that the bulls haven't walked away. Tonight, the averages are mixed when it comes to their proximity to - [Knocked Off the Fence - Blueprint 3-8-2015](https://thestockbandit.com/blueprint-3-8-2015/) - Good evening StockBandits! The major averages have largely been "on the fence" for the better part of the past 3 weeks, but that all changed Friday with a decisive decline. In the process, the recent breakouts failed (sans NAZ), placing price squarely back into the recent trading ranges. Over the past several sessions, there was - [Meandering - Blueprint 3-5-2015](https://thestockbandit.com/blueprint-3-5-2015/) - Good evening StockBandits! The perfect word for this market right now is meandering. Described as "wandering aimlessly, taking an indirect course," that's exactly what we're seeing take place in the market. Aimless? Yes, we're going sideways in the short term. Indirect? That's certainly how I would describe this choppy tape. The action today was well - [Testing 1, 2, 3 - Blueprint 3-4-2015](https://thestockbandit.com/blueprint-3-4-2015/) - Good evening StockBandits! Today we saw 3 tests take place in the averages, including the S&P 500, DJIA, and RUT. Each of them entered their second day of pullbacks off Monday's highs, and each of them threatened to undercut their recent breakout zones at 2093, 18103, and 1221, respectively. They didn't break down though, despite - [Still on the Fence - Blueprint 3-3-2015](https://thestockbandit.com/blueprint-3-3-2015/) - Good evening StockBandits! Monday's rally put the bulls in a solid position to continue the uptrend after short-term rests, but today we essentially saw that move given back. The averages are still up a few points for the week after today, but that's not what matters. What stands out is that it seemed the bulls - [Onward March - Blueprint 3-2-2015](https://thestockbandit.com/blueprint-3-2-2015/) - Good evening StockBandits! With the arrival of a new month, perhaps the market is trying to sport a new look. Today kicked off March trading, and it was a solid session for the bulls as they attempted to leave behind the recent indecision and paint some slightly longer bars. We had a mid-day hiccup or - [Drawing Conclusions on Trend Lines](https://thestockbandit.com/trend-line-conclusions/) - 3 situations where I'm currently giving trend line breaks a bit more validity - [Frivolous Finish - Blueprint 3-1-2015](https://thestockbandit.com/blueprint-3-1-2015/) - Good evening StockBandits! February was a solid month for the market with big gains posted across the board. Following some January slides, stocks got back on the move in February with the NAZ adding 7% while the RUT and S&P each tacked on well over 5%. As good as that was for the bulls, they - [Sidestepping - Blueprint 2-26-2015](https://thestockbandit.com/blueprint-2-26-2015/) - Good evening StockBandits! Another day, another tiny net change for the S&P! Today's action was once again pretty uneventful with continued light volume, another narrow intraday range, and a finish very near last night's closing levels. The NAZ exhibited the best movement as it added 20, and the RUT was next (+4), but the blue-chip - [Stammering - Blueprint 2-25-2015](https://thestockbandit.com/blueprint-2-25-2015/) - Good evening StockBandits! For the 4th straight session, the S&P 500 painted a different color bar than the prior day. Today it was a tiny decline of just 1.6 points, unable to add to Tuesday's modest gain. This stutter-step price action is making things choppy, and particularly after a major breakout just last week. Expectations - [First Gear - Blueprint 2-24-2015](https://thestockbandit.com/blueprint-2-24-2015/) - Good evening StockBandits! The NAZ made it 10 straight today, so it hasn't posted a decline now in 2 full weeks. That's impressive, but elsewhere today we saw the indexes begin to edge higher after some Monday hesitation. It wasn't a powerful move, but more of a first-gear type of advance where price is beginning - [Seeking Inspiration - Blueprint 2-23-2015](https://thestockbandit.com/blueprint-2-23-2015/) - Good evening StockBandits! The bulls apparently didn't have enough inspiration today as they hesitated to build on the breakouts we saw at the end of last week. Instead, it was a quiet session with narrow intraday ranges and a finish right near UNCH for the S&P. Between the opening and closing bells, we had well-defined - [Unanimous - Blueprint 2-22-2015](https://thestockbandit.com/blueprint-2-22-2015/) - Good evening StockBandits! Friday's session began with red right out of the gate, but ended very differently as prices turned tail after a half hour and never looked back. The 6-hour uptrend left each of the averages at new multi-year or all-time highs, depending on the index in question. Yes, even the DJIA broke out, - [Allowance - Blueprint 2-19-2015](https://thestockbandit.com/blueprint-2-19-2015/) - Good evening StockBandits! The battle continued near the highs again today with no allowance given by the bulls or bears for any real movement to take place. The NAZ was able to stretch its win streak to 7 sessions, but elsewhere the story remained the same: quiet and listless. The primary positive from today's session - [Short Handed - Blueprint 2-18-2015](https://thestockbandit.com/blueprint-2-18-2015/) - Good evening StockBandits! There could just as easily be a sign in the proverbial window of this market with the words "Help Wanted" on it. That's what this market needs: a little bit of help. Help getting through and free from upper resistance. Help turning back down to continue the range. Anything. Instead, both bulls - [Insignificant - Blueprint 2-17-2015](https://thestockbandit.com/blueprint-2-17-2015/) - Good evening StockBandits! Just about the only notable events of today were that the low of the session was set early, and we finished positive again across the board. The moves were insignificant, the trading ranges were narrow, and volume was light. The bulls did, however, retain their upper hand on the market with an - [The Reason I Went M.I.A.](https://thestockbandit.com/reason-mia/) - A little while back, I sort of went M.I.A. on the public posts here, and it's time that you find out why. All along, I've published the Members-only updates, but I've cut back on the public/free posts because I've been hard at work on something else. Something that's going to deliver serious value to those - [It's a Start - Blueprint 2-16-2015](https://thestockbandit.com/blueprint-2-16-2015/) - Good evening StockBandits! The bulls closed out last week with 1-3% gains across the board. It was a solid performance, and one to be proud of. Even more noteworthy was the fact that we saw new highs painted in 3 of the 4 averages, with the DJIA being the only holdout. The NAZ reached a - [Tech Takes the Lead - Blueprint 2-12-2015](https://thestockbandit.com/blueprint-2-12-2015/) - Good evening StockBandits! As mentioned here last night, the NAZ was on the verge of a breakout and today we got one. It's only a single day, but prices lifted with emphasis. Volume was better than it has been in a week, and we saw a close at the high of the session with a - [Moment of Truth - Blueprint 2-11-2015](https://thestockbandit.com/blueprint-2-11-2015/) - Good evening StockBandits! The moment of truth remains at hand for this market after a day of rest in which miniscule declines were posted in 3 of the 4 main averages. The NAZ was the only index able to finish green, although not by much. It tagged the November high to the number, then crossed - [Looking Up - Blueprint 2-10-2015](https://thestockbandit.com/blueprint-2-10-2015/) - Good evening StockBandits! Today appeared to be a solid day on the surface with strength across the board, but something happened on a deeper level which is giving the bulls a little bit of a pep in their step tonight. With the post-gap dip having been bought this morning and then the closes near the - [Maintaining Status Quo - Blueprint 2-9-2015](https://thestockbandit.com/blueprint-2-9-2015/) - Good evening StockBandits! The norm over the past couple of months has been to rally toward resistance or retreat toward support, then turn tail for a few days. Thus, the status quo has been a few days in one direction, then a few days in the other. Ironically, the one constant in the market has - [Hope Springs Eternal - Blueprint 2-8-2015](https://thestockbandit.com/blueprint-2-8-2015/) - Good evening StockBandits! The averages rallied sharply off their support areas last week, leaving them to face some important resistance zones as Friday approached. Apparently though, pushing just beyond their prior bounce highs was enough, because as soon as that happened, sellers arrived. The day ended in the red, and the Big 3 ended back - [Third Chance - Blueprint 2-5-2015](https://thestockbandit.com/blueprint-2-5-2015/) - Good evening StockBandits! In life, we often don't get second chances, much less third chances, but that's exactly what the bulls have gotten with this 4-day bounce off Monday's support test. Having failed on two previous attempts to clear recent resistance, they're back again with renewed hope that this time maybe they can make it - [Theory of Relativity - Blueprint 2-4-2015](https://thestockbandit.com/blueprint-2-4-2015/) - Good evening StockBandits! Having successfully defended support in each of the major averages once again in recent days, the bulls certainly deserved a breather, and they took one today. That proved to be minor declines in 3 of the 4 indexes, with the DJIA posting a measly 6-point advance. Today's bars were narrower than we've - [Energetic - Blueprint 2-3-2015](https://thestockbandit.com/blueprint-2-3-2015/) - Good evening StockBandits! On the heels of Monday's successful support test and subsequent rally, stocks staged a solid day of continuation today. A gap higher this morning led to a trading range for much of the day, but steady afternoon strength added to the early gains to combine for some pretty impressive numbers by the - [Sampler Platter - Blueprint 2-2-2015](https://thestockbandit.com/blueprint-2-2-2015/) - Good evening StockBandits! Last night, the averages looked to be largely on the verge of a potential breakdown, so the swan dive we saw right off the opening bell this morning no doubt sparked a little concern for the bulls. The selling disappeared quickly after just a half hour, and from there we saw another - [Teetering - Blueprint 2-1-2015](https://thestockbandit.com/blueprint-2-1-2015/) - Good evening StockBandits! The bulls ended January on a sour note, finishing last week with declines in 3 of the last 4 sessions. It began with strength, but upside follow through failed to appear and stocks reversed lower to drift toward support. There were some big earnings-related moves in individual names, but the broad market - [Whaddya Know - Blueprint 1-29-2015](https://thestockbandit.com/blueprint-1-29-2015/) - Good evening StockBandits! This morning, it appeared as if the major averages were in the midst of a streak with their third day in the red. Coming on the heels of Wednesday's steady selling, the soft price action early in today's session had a similar look. But, it only lasted a few minutes. The initial - [Tantrum - Blueprint 1-28-2015](https://thestockbandit.com/blueprint-1-28-2015/) - Good evening StockBandits! Stocks gapped higher this morning after AAPL but pre-FOMC, and the tone quickly turned sour. It seemed as though traders couldn't wait to sell the strength, and with all the gaps being filled of late, why wouldn't they feel that way? Today's lasted only about 90 minutes, erasing 1% advances with relative - [Moonwalk - Blueprint 1-27-2015](https://thestockbandit.com/blueprint-1-27-2015/) - Good evening StockBandits! Turnaround Tuesday was in full effect today as the bulls took a bit of a "snow day" for themselves with stocks giving up substantial ground. Funny, it's 75 and sunny and literally not a breath of wind here in DFW. It's gorgeous, and as it turned out, it would have been a - [Subtle - Blueprint 1-26-2015](https://thestockbandit.com/blueprint-1-26-2015/) - Good evening StockBandits! Having rallied toward the prior (minor) bounce highs, the indexes appeared set for a bit of a setback today, particularly with the opening weakness we saw. However, it was short-lived and the bulls stepped in to prevent a slide. We saw lifts across the board, and although they were not significant, they - [Postponement - Blueprint 1-25-2015](https://thestockbandit.com/blueprint-1-25-2015/) - Good evening StockBandits! A strong V-shaped lift off the mid-January lows produced substantial gains last week, leaving the averages facing some key short-term resistance zones created by their previous bounces. However, the bulls came up empty-handed on Friday and postponed their push beyond those resistance zones and generally retreated a bit back toward the center - [Customary - Blueprint 1-22-2015](https://thestockbandit.com/blueprint-1-22-2015/) - Good evening StockBandits! The oversold bounce which began last Friday didn't really surprise anyone, given that stocks were stretched and coming into the lower ends of their trading ranges. The continued lift since then has also had that customary feel to it, with yet another V-shaped lift unfolding. It has happened in spite of highly-anticipated - [Anticipation - Blueprint 1-21-2015](https://thestockbandit.com/blueprint-1-21-2015/) - Good evening StockBandits! The response to last night's State of the Union address certainly lacked enthusiasm, leaving stocks slightly underwater at the start of today's session. True to form, however, that gap was filled (just like so many others lately) in short order. The lift ended around 11am ET, and by then the day's trading - [Denial - Blueprint 1-20-2015](https://thestockbandit.com/blueprint-1-20-2015/) - Good evening StockBandits! This morning, the stage was set for a big gap higher with the futures surging after the long weekend. However, the excitement dwindled quickly and turned ugly, in fact, as the opening gap was filled within minutes and the averages took a trip well into the red. Then we saw a late-morning - [Interruption - Blueprint 1-19-2015](https://thestockbandit.com/blueprint-1-19-2015/) - Good evening StockBandits! The streak of declines was interrupted on Friday as early volatility eventually gave way to increasing strength as the day wore on. The averages tacked on 1-2% each, going out right near their highs of the session. That reduced the losses for the week, but some ground was lost nonetheless. We saw - [Feeble - Blueprint 1-15-2015](https://thestockbandit.com/blueprint-1-15-2015/) - Good evening StockBandits! The market gapped higher this morning, but true to form, that gap was quickly filled as traders rushed to fade the move. It set off a somewhat choppy trend day lower, with the more speculative RUT and NAZ leading the way on the downside with declines of 1.9% and 1.4%, respectively. The - [Cornered Market - Blueprint 1-14-2015](https://thestockbandit.com/blueprint-1-14-2015/) - Good evening StockBandits! With each passing day, the existing trading ranges grow more prevalent, and today certainly didn't change that. The averages are still caught between two boundaries: the December low and high. And although those ranges are rather wide, it's feeling more and more like this market is cornered with nowhere to go until - [Just Itching - Blueprint 1-13-2015](https://thestockbandit.com/blueprint-1-13-2015/) - Good evening StockBandits! The aspect of the price action we're seeing in this market that I've harped on the most lately has been the tendency to see gaps get filled. We're caught in wide trading ranges, which naturally invites more back and forth and less continuation. With elevated volatility, however, the tape has been sensitive - [More Gaps Filled - Blueprint 1-12-2015](https://thestockbandit.com/blueprint-1-12-2015/) - Good evening StockBandits! The lower-high scenario gained credibility today as early positive price action turned ugly this morning. Futures had been positive, only to soften as the opening bell approached. The small gap up was quickly filled and stocks hit the dirt hard. This keeps the range intact for now and reminds us that lasting - [Lower High Concerns - Blueprint 1-11-2015](https://thestockbandit.com/blueprint-1-11-2015/) - Good evening StockBandits! The first full trading week of 2015 is in the books, and we saw a little bit of everything. It started out with heavy selling into Tuesday's low, was followed by upside gaps and continuation through Thursday, only to stumble again Friday. That means the V-shaped battle is underway with the biggest - [Charts on Demand 1-8-2015](https://thestockbandit.com/cod-1-8-2015/) - Good evening StockBandits! Welcome to this week's Charts on Demand video! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills by reviewing member-submitted charts. By staying objective and identifying areas of support, resistance, momentum or apathy on the charts, we can better determine which setups - [Compartmentalized - Blueprint 1-7-2015](https://thestockbandit.com/blueprint-1-7-2015/) - Good evening StockBandits! Stocks ended their streak of declines today with a solid rebound, although it was somewhat compartmentalized with today's bars painting inside days on the daily charts. That's not to say that we won't see upside follow through, but simply to put today's lift into perspective. The past few days have involved considerable - [Disappearance - Blueprint 12-8-2014](https://thestockbandit.com/blueprint-12-8-2014/) - Good evening StockBandits! The dip-buyers showed up early today to lift the indexes back into positive territory from a soft open, but soon lost their way and quietly disappeared. Once the flat line was given up midway through the session, stocks never really looked back with some steady selling pressure kicking in. We did see - [Double Top Talk - Blueprint 1-6-2015](https://thestockbandit.com/blueprint-1-6-2015/) - Good evening StockBandits! The recent creation of new highs and subsequent failure has opened the door of discussion for double tops. Some expect a double top to be perfect, for the prior high to be tested to the number, and any turn away from that area to be a double top. However, it is rarely - [Slippery Start - Blueprint 1-5-2015](https://thestockbandit.com/blueprint-1-5-2015/) - Good evening StockBandits! The modest dip of the past few sessions leftthe recent new incremental highs looking like failed breakouts, and today's action added great validity to that thesis with 1.5% declines across the board. The downside gap we saw at this morning's opening bell represented roughly 1/3 of the day's decline, with no meaningful - [Island Day - Blueprint 1-4-2015](https://thestockbandit.com/blueprint-1-4-2015/) - Happy New Year StockBandits! The old is gone and the new is here, and I hope you're ready for it! Having taken off the end of December, let's quickly recap what took place. Basically, stocks worked their way higher for a few days with the S&P 500, DJIA, and RUT all reaching new all-time highs. - [Vicious V - Blueprint 12-18-2014](https://thestockbandit.com/blueprint-12-18-2014/) - Good evening StockBandits! Wednesday's rally was by some measures the biggest of the year, although coming from short-term oversold conditions, it removed a bit of the surprise factor. Last night, the big question was whether or not we'd see follow through, and today the bulls responded with an unrestrained YES. Upside gaps this morning were - [Backlash - Blueprint 12-17-2014](https://thestockbandit.com/blueprint-12-17-2014/) - Good evening StockBandits! With short-term oversold conditions having arrived, the stage was set for a snapback move and that's just what we got today. Led mostly by energy, today's lift was violent. The rally was already well underway once the FOMC announcement rolled around, but additional gains were seen on the heels of it. The - [Clumsy - Blueprint 12-16-2014](https://thestockbandit.com/blueprint-12-16-2014/) - Good evening StockBandits! When I was in the third grade, I was in the midst of a growth spurt. For me, that meant shoes which were just a touch too big for me, which in turn meant I did some tripping. I remember one specific occasion when I tripped while running across the asphalt on - [Filling in Blanks - Blueprint 12-15-2014](https://thestockbandit.com/blueprint-12-15-2014/) - Good evening StockBandits! Since the S&P 500 failed its breakout from the large megaphone pattern, all we've seen is weakness. Last week, the lone bounce happened on Wednesday, and even then price finished at the low end of the day's trading range. There were a number of gaps created on the violent bounce off the - [Buckle Up - Blueprint 12-14-2014](https://thestockbandit.com/blueprint-12-14-2014/) - Good evening StockBandits! There has been plenty of smooth sailing for the past 2 months, but last week we saw the market run into some turbulence. Having interpreted the massive energy decline as a consumer boost, stocks had held up extremely well. However, with the end of the year approaching and no upside attempt to - [Rip & Trip - Blueprint 12-11-2014](https://thestockbandit.com/blueprint-12-11-2014/) - Good evening StockBandits! Another day, another change of direction. Following Wednesday's steady slide, stocks recovered quickly today with a sharp rally in the morning, but rolled over with rainbow-shaped charts this afternoon to erase most of the gains by the closing bell. It's getting downright nauseating out there if you're counting on follow through, but - [Unstable - Blueprint 12-10-2014](https://thestockbandit.com/blueprint-12-10-2014/) - Good evening StockBandits! Tuesday's turnaround caught many off guard, but equally surprising was today's downside rout. Rather than keeping up appearances, the buyers played hookie while cash got raised with an ugly trend day. Today's decline erased the entire bounce from Tuesday's low in both the S&P 500 and DJIA. Meanwhile, the RUT reversed back - [Familiar Action - Blueprint 12-9-2014](https://thestockbandit.com/blueprint-12-9-2014/) - Good evening StockBandits! Dip-buyers disappeared on Monday, but today returned in force to produce more of the familiar price action we've grown accustomed to over the past 8 weeks. Perhaps they just took a long weekend. Overnight weakness abroad left the US stock futures lower, which created a downside gap in stocks at the opening - [Incremental - Blueprint 12-7-2014](https://thestockbandit.com/blueprint-12-7-2014/) - Good evening StockBandits! The NAZ was the only major index to post a decline last week, although certainly not by much. That was entirely due to Monday's quick drop, which was followed by 3 advances and a 5-point loss over the course of the next 4 days. Elsewhere, gains were seen, but they were far - [Strength Finally Sold - Blueprint 11-23-2014](https://thestockbandit.com/blueprint-11-23-2014/) - Good evening StockBandits! A surprise rate cut by China sent US stock futures spiking early on Friday, producing an opening gap to new multi-year highs in the NAZ, S&P 500, and DJIA. Having already rallied double-digit percentages in just the past 5 weeks, the jump left the market even more extended and ripe for some - [Anxious - Blueprint 12-4-2014](https://thestockbandit.com/blueprint-12-4-2014/) - Good evening StockBandits! It ended up being a hurry-up-and-wait type of session today as stocks dipped and ripped multiple times, but momentum proved fleeting. Convincing moves to both the downside and upside happened along the way, but each led to an intraday reversal and ultimately the indexes finished lower by only a couple of points. - [7 Weeks - Blueprint 12-3-2014](https://thestockbandit.com/blueprint-12-3-2014/) - Good evening StockBandits! Stocks overcame some early indecision today with some eventual strength as the major averages posted steady gains across the board. Once again, we saw the blue-chip S&P 500 and DJIA both able to paint new incremental highs, while the NAZ and RUT each moved higher within their respective short-term ranges. Volume ran - [Mixed Bag - Blueprint 12-2-2014](https://thestockbandit.com/blueprint-12-2-2014/) - Good evening StockBandits! Following a weak finish on Monday, a positive start this morning caught some traders by surprise, particularly when the lows of the session were set in the opening minutes of the day. Prices spent the day grinding slowly higher, creating an upside trend day with zero follow through on Monday's decline. The - [Disruption - Blueprint 12-1-2014](https://thestockbandit.com/blueprint-12-1-2014/) - Good evening StockBandits! Thanksgiving week saw both the NAZ and S&P 500 tag new multi-year highs, although the gains were fractional everywhere but in the NAZ (up 1.6%). Volume wasn't nearly as light as expected, although it did come in well below average. All in all, it was pretty much status quo in terms of - [Happy Thanksgiving - Blueprint 11-25-2014](https://thestockbandit.com/blueprint-11-25-2014/) - Good evening StockBandits! A positive start this morning failed to produce any upside follow through as stocks were apparently itching to return to the flat line. Early strength got sold, then the remainder of the day was choppy and range-bound with traders unwilling to make big bets ahead of a major national holiday. Interestingly, volume - [Inertia - Blueprint 11-24-2014](https://thestockbandit.com/blueprint-11-24-2014/) - Good evening StockBandits! Thanksgiving week volume kicked in today with reduced participation across the board as the indexes each registered below-average activity. That's going to continue as the week progresses, so today certainly set the right tone. As for the price action, Friday's intraday profit-taking was forgotten and the market again turned higher with the - [Round Trip - Blueprint 11-20-2014](https://thestockbandit.com/blueprint-11-20-2014/) - Good evening StockBandits! Wednesday's minor decline proved to simply be a rest day as stocks recovered today . The NAZ, S&P 500, and RUT each finished within 1 point of Tuesday's closing levels, thus completely erasing Wednesday. This is consolidation at its finest, whereby price moves laterally, making no progress while marking time. The only - [Back Inside - Blueprint 11-19-2014](https://thestockbandit.com/blueprint-11-19-2014/) - Good evening StockBandits! It was hardly a selloff, but the market did back away from Tuesday's new highs today. The NAZ fell right back into its short-term range (complete with another test of the 4654 area), and the S&P 500 retreated just enough to slip back inside the top edge of the multi-month megaphone pattern. - [Up and Out - Blueprint 11-18-2014](https://thestockbandit.com/blueprint-11-18-2014/) - Good evening StockBandits! After temporary pauses in recent sessions, 3/4 of the major indexes moved up and out today as the buyers got back in gear. The lone holdout was the RUT, which remains beneath 1183. Elsewhere, however, the S&P 500 was able to break out above the large megaphone pattern of the past few - [Penny Pinching - Blueprint 11-17-2014](https://thestockbandit.com/blueprint-11-17-2014/) - Good evening StockBandits! As aggressive as the bulls were during the runup from the mid-October lows, they've suddenly become penny pinchers, unwilling to open up their wallets to shell out the big bucks and keep the run going. Don't get me wrong, we're within spitting distance of the highs, so all this could change in - [High Plateau - Blueprint 11-16-2014](https://thestockbandit.com/blueprint-11-16-2014/) - Good evening StockBandits! For the fifth straight session, the S&P 500 closed within 1 point of 2039 on Friday, keeping it pegged at the highs after a massive one-month rally. The subtle streak shows respect at the upper end of the large multi-month megaphone pattern adds validity to the pattern, and a resolution remains elusive. - [Yawn - Blueprint 11-13-2014](https://thestockbandit.com/blueprint-11-13-2014/) - Good evening StockBandits! New highs seem to be getting old, at least that's what the action is starting to feel like. Today we saw the S&P 500, DJIA and NAZ each reach new all-time (or multi-year in the case of the NAZ) highs, but the market collectively yawned and retreated from the morning peak to - [Repeat vs. Shuffle - Blueprint 11-12-2014](https://thestockbandit.com/blueprint-11-12-2014/) - Good evening StockBandits! My oldest son loves to set his music player on 'Repeat' when he comes across his favorite songs. Me, I'm more of a 'Shuffle' type, so while our tastes might not be all that different, our listening styles certainly are. This market reminds me of that right now in that we seem - [Divergence Continues - Blueprint 11-11-2014](https://thestockbandit.com/blueprint-11-11-2014/) - Good evening StockBandits! Before getting to the market and my trades for tomorrow, let me first mention the topic of the day, which is Veterans Day. If you have previously or are currently serving our nation in the Armed Forces, I want to thank you! I am always grateful to those of you who have - [Megabounce - Blueprint 11-10-2014](https://thestockbandit.com/blueprint-11-10-2014/) - Good evening StockBandits! The market continued to grind higher today despite a few hours of choppy sideways action. Morning uptrends made the difference, allowing the S&P 500 to once again paint new all-time highs. There are technical concerns that we've gone too far, too fast, and few could argue the extended condition of this tape. - [Tenacious - Blueprint 11-9-2014](https://thestockbandit.com/blueprint-11-9-2014/) - Good evening StockBandits! Last week we saw mixed showings among the averages with the RUT and NAZ each unwilling to budge while the blue-chip S&P 500 and DJIA each made some progress to paint new all-time highs. The pace of the rally has cooled, but even the pauses arriving for small caps and tech names - [Charts on Demand 11-6-2014](https://thestockbandit.com/cod-11-6-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills by reviewing member-submitted charts. By staying objective and identifying areas of support, resistance, momentum or apathy on the charts, we can better determine which setups - [Accepting the Gift - Blueprint 11-5-2014](https://thestockbandit.com/blueprint-11-5-2014/) - Good evening StockBandits! Stocks gapped higher today on the heels of a huge mid-term election day for Republicans, but the highs of the day were set in the opening moments on the NAZ, RUT and S&P 500. The bulls eagerly accepted the gap gift and raised some cash, helping to extend the short-term pause which - [Rescue - Blueprint 11-4-2014](https://thestockbandit.com/blueprint-11-4-2014/) - Good evening StockBandits! The extended run of the past 3 weeks has temporarily stalled out, but given the velocity of the recent moves, it would be surprising to see a prolonged rest. Today, we saw stocks retreat with a soft open and some steady selling through much of the morning, but bidders rescued the bulls - [Weightless - Blueprint 11-3-2014](https://thestockbandit.com/blueprint-11-3-2014/) - Good evening StockBandits! Thrill-seekers can take zero-gravity plane flights where at a high altitude, the plane alters its pitch to lift passengers off their seats, eliminating the sense of gravity for a few moments. Of course, it's only temporary, but having stopped climbing, it's described as a floating feeling without thrust. Weightless. That's what this - [Ballistic - Blueprint 11-2-2014](https://thestockbandit.com/blueprint-11-2-2014/) - Good evening StockBandits! A surprise Bank of Japan rate cut Thursday night sent US stock futures ripping higher, and the enthusiasm carried over into Friday's open. That produced a 1.6% gap higher for the NAZ, which apparently left the bulls in the mood to exit early to begin their Halloween celebrations. The high print of - [Charts on Demand 10-30-2014](https://thestockbandit.com/cod-10-30-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills by reviewing member-submitted charts. By staying objective and identifying areas of support, resistance, momentum or apathy on the charts, we can better determine which setups - [QE Free - Blueprint 10-29-2014](https://thestockbandit.com/blueprint-10-29-2014/) - Good evening StockBandits! QE will officially end with the passing of October, according to the Fed today. That was the big news to wrap up the 2-day meeting, to which the market simply yawned. Oh sure, there were some quick dips and rips, but nothing that lasted. In fact, the S&P ended the day just - [Out of the Question - Blueprint 10-28-2014](https://thestockbandit.com/blueprint-10-28-2014/) - Good evening StockBandits! They say there's no rest for the weary, and this market certainly fits that mold. Despite needing a rest, Monday's brief pause was all it got as today it was right back on the northbound train with a gap-and-go trend day to the upside. We've now rallied more than 10% in the - [Breather Arrives - Blueprint 10-27-2014](https://thestockbandit.com/blueprint-10-27-2014/) - Good evening StockBandits! With the indexes very short-term stretched, they were due for a breather, and we got one today. The early action was weak across the board, and it looked like we could see a big downside snapback move with the RUT off more than 1%. However, the decline was contained with a morning - [V is for Vertical - Blueprint 10-26-2014](https://thestockbandit.com/blueprint-10-26-2014/) - Good evening StockBandits! Last week stocks continued their steep ascent off their mid-month lows, keeping the V-shaped rebound intact. We saw a two-one-two move with pairs of rallies sandwiching a Wednesday dip, producing 2-5% moves in the major averages for the week. I was thinking this weekend how funny it is to see the inconsistencies - [Gap Trap - Blueprint 10-23-2014](https://thestockbandit.com/blueprint-10-23-2014/) - Good evening StockBandits! Last night it appeared as though the bounce had run its course and the test was beginning for the post-rebound pullback. The bulls had other plans. Today stocks gapped higher then ran some more, creating new recovery highs in each of the indexes. That served as a trap for bears who shorted - [Loss of Composure - Blueprint 10-22-2014](https://thestockbandit.com/blueprint-10-22-2014/) - Good evening StockBandits! Those who are new to the market often fail to recognize what those of us who have been around for at least 4 seasons - that when the market gets emotional, it tends to overshoot. We saw it last week on the downside into a waterfall-type selloff, and we saw it again - [45 Degrees - Blueprint 10-21-2014](https://thestockbandit.com/blueprint-10-21-2014/) - Good evening StockBandits! Following an already sharp rebound off last week's lows, stocks gapped higher this morning and never looked back. There was zero hesitation shown and market participants seemed downright giddy at the prospects of never going down again. Of course, we know how that usually ends. For today, however, it was a trend - [Deep V - Blueprint 10-20-2014](https://thestockbandit.com/blueprint-10-20-2014/) - Good evening StockBandits! The V-shaped recovery deepened today with another solid advance. Despite a soft open this morning, the buyers arrived once again to fill the morning gap, but they stuck around to produce a trend day higher. Stocks went out on their highs of the day, setting the tone for perhaps a bit more - [The Real Test - Blueprint 10-19-2014](https://thestockbandit.com/blueprint-10-19-2014/) - Good evening StockBandits! Wow, what a week! The selloff into Wednesday's low left the NAZ off 160 (3.7%) and the S&P off 85 points (4.4%) from the previous Friday's closing levels. With stocks short-term sold-out and the fear index (VIX) spiking to 31, a turning point arrived and the market turned tail and ripped higher - [Dip Buyers Emerge - Blueprint 10-16-2014](https://thestockbandit.com/blueprint-10-16-2014/) - Good evening StockBandits! Wednesday's rebound was forgotten this morning as stocks again started the day under pressure. With the indexes gapping lower by over 1%, the buyers had another shot to prove themselves, and they did. The session lows were set early, and we saw an intraday uptrend develop which soon took the averages into - [Blood in the Street - Blueprint 10-15-2014](https://thestockbandit.com/blueprint-10-15-2014/) - Good evening StockBandits! This was one of those days that if you traded it, you'll remember for a long time. We've been looking for some type of washout move, and my gut says that today was it. Does that mean today's low will stick for a long time? Only time will tell, and truth be - [Hard Habit to Break - Blueprint 10-14-2014](https://thestockbandit.com/blueprint-10-14-2014/) - Good evening StockBandits! Afternoon weakness has been the norm of late, and the market is struggling to break that habit right now. Today, a gap up open was sold, but buyers stepped in to defend Monday's lows. A steady grind into mid-day left the market up solidly, but afternoon selling kicked in to erode the - [Search Continues - Blueprint 10-13-2014](https://thestockbandit.com/blueprint-10-13-2014/) - Good evening StockBandits! An uneventful opening was soon met with more selling this morning, taking the averages well into negative territory to paint new correction lows on the daily charts. A bounce finally arrived though, with stocks climbing sharply at first, then stalling out into early afternoon. As the closing bell neared, however, weakness set - [Another One Gone - Blueprint 10-12-2014](https://thestockbandit.com/blueprint-10-12-2014/) - Good evening StockBandits! Bounces lately have been short-lived and fully used for selling, and last week ended with yet another bounce biting the dust. A horrendous finish on Friday left each of the averages at 4-month closing lows or worse, depending on the index. Wednesday's vicious rally was impressive, but left prices beneath recent key - [Charts on Demand 10-9-2014](https://thestockbandit.com/cod-10-9-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills by reviewing member-submitted charts. By staying objective and identifying areas of support, resistance, momentum or apathy on the charts, we can better determine which setups - [VIX Fix - Blueprint 10-8-2014](https://thestockbandit.com/blueprint-10-8-2014/) - Good evening StockBandits! Stocks took another dive today to continue the failed bounce from last week. The S&P 500 undercut last Thursday's low, but only fractionally, and the VIX again tagged the magic number of 18, sparking an upside reversal. The FOMC minutes added fuel to the fire, and stocks ramped for the final two - [Unsurprising - Blueprint 10-7-2014](https://thestockbandit.com/blueprint-10-7-2014/) - Good evening StockBandits! Monday's early bounce failure and subsequent feeble bounce left traders uneasy last night, and today's price action reflected it. A gap down this morning was met with more selling, followed by a few hours of choppy action. Despite the back and forth, the averages never went positive on the day, and an - [Fail Fast - Blueprint 10-6-2014](https://thestockbandit.com/blueprint-10-6-2014/) - Good evening StockBandits! Modern day business advice says to "fail fast" with the thinking that doing so will help you discover success sooner. The bulls apparently took that same approach today, although it's working more in favor of the bears for now. A gap higher this morning was quickly filled to erase the gains. It - [Dip and Rip - Blueprint 10-5-2014](https://thestockbandit.com/blueprint-10-5-2014/) - Good evening StockBandits! The short-term pullback accelerated last week with stocks steadily sliding through Thursday morning, finally becoming sold out enough to spark a snapback. Thursday's rebound was impressive, but then the buying continued into Friday to produce yet another V-shaped lift. So far, things are shaping up much like the previous pullback which ended - [5 Setups to Watch This Week](https://thestockbandit.com/5-setups-10-5-2014/) - Here are 5 setups of interest I ran across this weekend in doing my research. Put them on your radar and keep assessing their price action daily. - [Technicality - Blueprint 10-2-2014](https://thestockbandit.com/blueprint-10-2-2014/) - Good evening StockBandits! Stocks were again under pressure today as they chopped around at the open before settling into a steady rhythm on the downside. What was shaping up to be a trend day lower was interrupted just before noon when a bounce kicked in. Once a higher low was established nearly an hour later, - [Infected - Blueprint 10-1-2014](https://thestockbandit.com/blueprint-10-1-2014/) - Good evening StockBandits! The 4th quarter began today, and not in a bullish fashion. Those who played the first-of-the-month trade were taken out back and beaten about the head and shoulders extensively as stocks sold off big. There was a mid-morning bounce attempt, but the closing numbers sure don't reflect it with hefty declines across - [Unanimous Response - Blueprint 9-30-2014](https://thestockbandit.com/blueprint-9-30-2014/) - Good evening StockBandits! The sellers won the day, but not by a lot. An attempt to lift at the open was met with selling, but the initial decline saw no immediate follow through as prices reversed higher on the session by mid-morning. From there, the range had been set for the day and 3 of - [Clingy - Blueprint 9-29-2014](https://thestockbandit.com/blueprint-9-29-2014/) - Good evening StockBandits! The bulls avoided a small catastrophe today with a sizeable 1% gap to start the day on the downside. The opening bar set the low of the day though, and the buyers emerged to aggressively bid up stocks. Within two hours, the damage had been undone and stocks ended the day with - [Tug of War - Blueprint 9-28-2014](https://thestockbandit.com/blueprint-9-28-2014/) - Good evening StockBandits! The tug-of-war continued last week with the broad market struggling to produce follow through in either direction despite some elevated emotion starting to surface. We did see some bigger moves in both directions, and we also got a long-awaited dip, but it was of varying degrees depending upon the index in question. - [5 Setups to Watch This Week](https://thestockbandit.com/5-setups-9-28-2014/) - Here are 5 setups of interest I ran across this weekend in doing my research. Put them on your radar and keep assessing their price action daily. - [Charts on Demand 9-25-2014](https://thestockbandit.com/cod-9-25-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills by reviewing member-submitted charts. By staying objective and identifying areas of support, resistance, momentum or apathy on the charts, we can better determine which setups - [Like a Bad Cold - Blueprint 9-24-2014](https://thestockbandit.com/blueprint-9-24-2014/) - Good evening StockBandits! The market is holding onto this trading range like a bad cold, and we just can't seem to shake it. After 3 days of downside and threats to the lower range boundary, there was no follow through today and instead we got a big bounce. That buys the bulls some breathing room - [Ace in the Hole - Blueprint 9-23-2014](https://thestockbandit.com/blueprint-9-23-2014/) - Good evening StockBandits! George Strait sings a famous song called Ace In The Hole where he says "In money or love, or all the above, Have a little more than what you show." Tonight, the bulls are likely thinking about that line. Having sustained a multi-day selloff since Friday's post-FOMC peak, some key short-term support - [Letdown - Blueprint 9-22-2014](https://thestockbandit.com/blueprint-9-22-2014/) - Good evening StockBandits! Without much to look forward to in the short term, the bulls must have felt some letdown with today's session. The open was soft and buyers never emerged, producing an entire morning of trending to the downside. From there, things stabilized for a few hours, but apparently the buyers were feeling no - [Now What - Blueprint 9-21-2014](https://thestockbandit.com/blueprint-9-21-2014/) - Good evening StockBandits! Last week's FOMC meeting and the Alibaba IPO gave traders so much to anticipate that now it's over and the biggest question standing is "now what?" The next earnings season is not yet upon us, so it's sort of that sweet spot where the price action might be able to take center - [5 Setups to Watch This Week](https://thestockbandit.com/5-setups-9-21-2014/) - Here are 5 setups of interest I ran across this weekend in doing my research. Put them on your radar and keep assessing their price action daily. - [Charts on Demand 9-18-2014](https://thestockbandit.com/cod-9-18-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills by reviewing member-submitted charts. By staying objective and identifying areas of support, resistance, momentum or apathy on the charts, we can better determine which setups - [Indy 500 - Blueprint 9-17-2014](https://thestockbandit.com/blueprint-9-17-2014/) - Good evening StockBandits! Fed day has now come and gone, and it didn't fail to shake things up. Only trouble was, it was only temporary. The knee-jerk response was a quick spike higher, then a drop to new session lows, and then a rally right back to new session highs. That sounds like a lot, - [Popeye Price Action - Blueprint 9-16-2014](https://thestockbandit.com/blueprint-9-16-2014/) - Good evening StockBandits! Popeye was known to say "That's all I can stand, I can't stands no more," and that's the response we saw mid-morning by the bulls to the current pullback. They just couldn't stand to let it carry any further, and what began as a bounce quickly evolved into an upside reversal as - [Two Faced - Blueprint 9-15-2014](https://thestockbandit.com/blueprint-9-15-2014/) - Good evening StockBandits! Three out of four averages declined today, but it was the split personality which stood out the most. The NAZ and RUT each shed over 1% on the session, while the blue chip S&P 500 and DJIA essentially refused to lose. The essentially flat S&P and the multi-hour downtrend we saw in - [On Second Thought - Blueprint 9-14-2014](https://thestockbandit.com/blueprint-9-14-2014/) - Good evening StockBandits! The major averages began to falter last Tuesday, only to recover mid-week and return to their trading ranges. By Friday, however, the bulls were having second thoughts about the appeal of booking some profits up here. It's been quite a run, and freeing up some cash apparently wouldn't be such a bad - [5 Setups to Watch This Week](https://thestockbandit.com/5-setups-9-14-2014/) - Here are 5 setups of interest I ran across this weekend in doing my research. Put them on your radar and keep assessing their price action daily. - [Charts on Demand 9-11-2014](https://thestockbandit.com/cod-9-11-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills by reviewing member-submitted charts. By staying objective and identifying areas of support, resistance, momentum or apathy on the charts, we can better determine which setups - [Not Yet - Blueprint 9-10-2014](https://thestockbandit.com/blueprint-9-10-2014/) - Good evening StockBandits! The market appeared poised for a breakdown last night, then saw some morning weakness today which paved the way for some additional selling to kick in. But even though the stage was set for more profit-taking, it's apparently not yet time for it. An upside reversal from the late-morning low left each - [Fidgety - Blueprint 9-9-2014](https://thestockbandit.com/blueprint-9-9-2014/) - Good evening StockBandits! The troops may be getting restless up here in this trading range, as we saw in today's action. After spending the entire morning in the red, we saw an early afternoon AAPL-driven rally which took the NAZ positive and erased some of the deficits in the other averages. The enthusiasm wore off - [High-Level Churn - Blueprint 9-8-2014](https://thestockbandit.com/blueprint-9-8-2014/) - Good evening StockBandits! We kicked off the new week today with some early strength in the NAZ and RUT, while the blue chip averages simply churned. The Monday morning enthusiasm didn't last though, and stocks began to trend lower into early afternoon. A lift in the final 90 minutes saved the bulls a little face, - [When in Doubt - Blueprint 9-7-2014](https://thestockbandit.com/blueprint-9-7-2014/) - Good evening StockBandits! Weakness off positive openings on Wednesday and Thursday was met with some early indecision Friday and a new pullback low for the week by mid-morning, but the bulls responded with yet another "when in doubt, buy 'em" rally. Each of the averages reversed from negative to positive territory and went out on - [5 Setups to Watch This Week](https://thestockbandit.com/5-setups-9-7-2014/) - Here are 5 setups of interest I ran across this weekend in doing my research. Put them on your radar and keep assessing their price action daily. - [Discreet Retreat - Blueprint 9-4-2014](https://thestockbandit.com/blueprint-9-4-2014/) - Good evening StockBandits! On the surface, the market didn't move much lower today, but the intraday action told a much different story. That was in part due to the positive start this morning, but the highs were set in the opening hour and then stocks saw steady selling into the afternoon. The only attempt at - [Outside Reversal - Blueprint 9-3-2014](https://thestockbandit.com/blueprint-9-3-2014/) - Good evening StockBandits! The story of the day was the NAZ, as it edged to a new multi-year high past 4610 and promptly reversed lower to close beneath Tuesday's low. In technical terms, that's called an outside reversal or a bearish engulfing bar, and neither of which tend to inspire confidence from the buyers. Coming - [Every Little Dip - Blueprint 9-2-2014](https://thestockbandit.com/blueprint-9-2-2014/) - Good evening StockBandits! We've not had any real pullbacks in over a month now. Some would say it's because of the news flow, others because of ____, but in reality it's because the bulls have contained all selling to merely dips - and they've bought every single one of them. Today we saw another example - [Sizzle and Fizzle - Blueprint 9-1-2014](https://thestockbandit.com/blueprint-9-1-2014/) - Good evening StockBandits! I got a new grill recently. It's a ceramic egg and quite different than the stainless propane grill I previously cooked on. The other day, I got it fired up past 750 degrees and threw on a couple of steaks. (Stick with me, I'll get to the market momentarily...I'm going somewhere with - [5 Setups to Watch This Week](https://thestockbandit.com/5-setups-9-1-2014/) - Here are 5 setups of interest I ran across this weekend in doing my research. Put them on your radar and keep assessing their price action daily. - [Charts on Demand 8-28-2014](https://thestockbandit.com/cod-8-28-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills by reviewing member-submitted charts. By staying objective and identifying areas of support, resistance, momentum or apathy on the charts, we can better determine which setups - [Oxygen Starved - Blueprint 8-27-2014](https://thestockbandit.com/blueprint-8-27-2014/) - Good evening StockBandits! Thankfully I've never faced such a situation, but I've seen on TV and movies (so you know it's true!) where someone is facing a limited amount of oxygen. Anytime that happens, they have to make their moves carefully, as there can be no wasted activity. And you know, that kind of summarizes - [Party Planning - Blueprint 8-26-2014](https://thestockbandit.com/blueprint-8-26-2014/) - Good evening StockBandits! Incremental new highs in the blue chips grabbed the headlines, but today's move really took place in the small-caps with the RUT adding about 10 points on the session. The S&P closed at 2000, and the DJIA cleared the prior intraday high of 17151 by a whopping 2 points. If that doesn't - [Jump and Slump - Blueprint 8-25-2014](https://thestockbandit.com/blueprint-8-25-2014/) - Good evening StockBandits! Stocks gapped higher this morning to kick off the new week, but there wasn't any meaningful intraday progress. Instead of building on the early strength, we saw a jump-and-slump type of day with the high set in the morning before price retreated and rested for the remainder of the day. In the - [Why 2K - Blueprint 8-24-2014](https://thestockbandit.com/blueprint-8-24-2014/) - Good evening StockBandits! Close, but no cigar. That was the case last week as S&P bulls aimed for 2000 and missed the mark - but not by much. Thursday's high was just 5.24 points from that nice, round number, but with conditions short-term extended on the bounce from the August 7th low, there just wasn't - [5 Setups to Watch This Week](https://thestockbandit.com/5-setups-8-24-2014/) - Here are 5 setups of interest I ran across this weekend in doing my research. Put them on your radar and keep assessing their price action daily. - [Charts on Demand 8-21-2014](https://thestockbandit.com/cod-8-21-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills by reviewing member-submitted charts. By staying objective and identifying areas of support, resistance, momentum or apathy on the charts, we can better determine which setups - [No Slip - Blueprint 8-20-2014](https://thestockbandit.com/blueprint-8-20-2014/) - Good evening StockBandits! A soft open this morning left traders in limbo to start the day. The opening gap held until a late-morning rally took the averages back to last night's closing levels (sans RUT). There wasn't much steam behind the move, and prices stalled until the FOMC minutes. That sparked a temporary dip, but - [Showing Up - Blueprint 8-19-2014](https://thestockbandit.com/blueprint-8-19-2014/) - Good evening StockBandits! They say that showing up is 90% of success. In most parts of life, simply showing up can do wonders for you. And lately, the bulls just keep showing up, which is leading to success for them right now. Yesterday, they set a very positive tone for the week with a gap-and-go - [Big Start - Blueprint 8-18-2014](https://thestockbandit.com/blueprint-8-18-2014/) - Good evening StockBandits! Last night I discussed the potential importance this week for the market, and particularly the bulls, and they wasted no time in reclaiming some very important levels in today's session. There was overnight strength in the futures markets which gave us a positive start with an opening gap to the upside, and - [Index Checkup 8-17-2014](https://thestockbandit.com/indexes-8-17-2014/) - Video review of stock market indexes with technical analysis of key index levels. - [Lines in the Sand - Blueprint 8-17-2014](https://thestockbandit.com/blueprint-8-17-2014/) - Good evening StockBandits! Summertime is winding down, as is earnings season, and that means stronger volume soon and more of a return to purely the technicals. Funny enough, that's exactly where this market happens to be right now, as a major test is underway in the big 3 indexes. Last week ended with challenges of - [Running on Fumes - Blueprint 8-7-2014](https://thestockbandit.com/blueprint-8-7-2014/) - Good evening StockBandits! So far, we've had a week of quick gap fills, and today was no different. For the fifth straight session, we saw the opening gap get filled, this time in about 100 minutes. The downside reversal stuck, creating new correction lows for the NAZ, S&P 500 and DJIA. Only the RUT avoided - [Pull Up a Chair - Blueprint 8-6-2014](https://thestockbandit.com/blueprint-8-6-2014/) - Good evening StockBandits! Today kept the gap-fill streak intact as another soft open was met with enough buying to return to last night's closing levels. We also saw another mid-day reversal, the 4th straight session that has occurred. Ultimately though, the intraday shifts led nowhere as the major averages ended right near the flat line. - [That Was Quick - Blueprint 8-5-2014](https://thestockbandit.com/blueprint-8-5-2014/) - Good evening StockBandits! The snapback rally ended abruptly today, sending bulls back to the drawing board. Following Monday's afternoon rally and strong finish, the mood shifted again this morning with a soft open to create a downside gap. Similar to yesterday's action, that gap filled and then prices reversed late morning and never recovered. We - [Snapback Begins - Blueprint 8-4-2014](https://thestockbandit.com/blueprint-8-4-2014/) - Good evening StockBandits! After last week's hard selloff, traders were looking for a bounce today. Some of them jumped the gun buying into pre-market strength or the opening gap higher, only to quickly regret it as stocks reversed into the red less than 90 minutes into the day. As it turned out, a better bounce - [Cracks - Blueprint 8-3-2014](https://thestockbandit.com/blueprint-8-3-2014/) - Good evening StockBandits! The market cracked last week like Paul George's leg, taking a sudden turn south after repeated attempts to head higher out of the recent trading range. The breaks were decisive, and although the stage may be set for a short-term snapback rally attempt, the distribution days on heavy volume we saw are - [Charts on Demand 7-31-2014](https://thestockbandit.com/cod-7-31-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills by reviewing member-submitted charts. By staying objective and identifying areas of support, resistance, momentum or apathy on the charts, we can better determine which setups - [Range Roving - Blueprint 7-30-2014](https://thestockbandit.com/blueprint-7-30-2014/) - Good evening StockBandits! The trading ranges stayed intact today with the S&P finishing essentially UNCH as the market avoided any surprises from the Fed. There was a little green found in the NAZ and RUT, but nothing technically significant took place. Because it's late in the evening, I'll get right to the trades. If you - [Fed Watch - Blueprint 7-29-2014](https://thestockbandit.com/blueprint-7-29-2014/) - Good evening StockBandits! Although today's price action was a bit tamer than Monday's, it led to essentially the same result: indecision. The high of the session was set within the first 80 minutes of the day, and a selloff quickly followed. The slide lasted under an hour before a bounce, but prices softened again late - [Wishy-Washy - Blueprint 7-28-2014](https://thestockbandit.com/blueprint-7-28-2014/) - Good evening StockBandits! There was a good selloff this morning right out of the gate, but the pressure didn't last long and ultimately saw a complete reversal. The indexes finished pretty flat on the day and with mixed results due to a lack of conviction. The selling didn't find follow through, but the buying wasn't - [Eventful - Blueprint 7-27-2014](https://thestockbandit.com/blueprint-7-27-2014/) - Good evening StockBandits! My vacation apparently came at a good time as the market is only a short distance from where it was before I left. There was some back and forth during my absence, but overall not much has changed. The S&P 500 was able to tag new highs by a few points, but - [Split Decision - Blueprint 7-16-2014](https://thestockbandit.com/blueprint-7-16-2014/) - Good evening StockBandits! In keeping with the recent price action, today we saw the blue chips again outpace the small caps, leading to mixed results on the session. The NAZ finished just a few points off its low of the day and the RUT painted another red bar, while the DJIA set another new all-time - [Another Gap Filled - Blueprint 7-15-2014](https://thestockbandit.com/blueprint-7-15-2014/) - Good evening StockBandits! For the second straight day, the high of today's session was set in the morning. The early strength was modest, and after the NAZ failed at 4451 again, the tide turned. The small opening gap was quickly filled and the selling intensified for the remainder of the morning. As a result, Monday's - [Gap and Nap - Blueprint 7-14-2014](https://thestockbandit.com/blueprint-7-14-2014/) - Good evening StockBandits! The bounce off last week's low continued today with an opening gap to the upside, but the early enthusiasm wore off right away and the rest of the session ended up being the definition of "non-event." Rather than building on the early bids or selling right into it, traders simply waited for - [Watching and Waiting - Blueprint 7-13-2014](https://thestockbandit.com/blueprint-7-13-2014/) - Good evening StockBandits! Some post-July 4th profit-taking kicked in last week to remind traders that the market is still capable of moving in both directions, although once again we saw the senior indexes hold up better than the more speculative names. The RUT suffered the deepest decline as it gave up 4% to finish right - [Video Review of the Indexes 7-13-2014](https://thestockbandit.com/indexes-7-13-2014/) - Video review of stock market indexes with technical analysis of key index levels. - [Eyes on the Bounce - Blueprint 7-9-2014](https://thestockbandit.com/blueprint-7-9-2014/) - Good evening StockBandits! The market stopped its losing streak at 2 with a modest bounce today, and the bulls went home feeling a little better after their post-Independence Day slip. It's not as if the bulls have a lot to prove, but now the attention turns to the bounce. Today we saw closes near the - [Probing Support - Blueprint 7-10-2014](https://thestockbandit.com/blueprint-7-10-2014/) - Good evening StockBandits! European concerns weighed on the market this morning to trigger a significant downside gap, but it ended up simply being a case of the bulls running late for work. The lows of the session were set in the opening minutes of the day, and a slow grind higher followed. By the closing - [Contagious - Blueprint 7-8-2014](https://thestockbandit.com/blueprint-7-8-2014/) - Good evening StockBandits! The selling seen during yesterday's session in small caps kept up today, but for the most part it had little effect on the blue chips Monday. That changed today as the shift to the sidelines spread to the senior indexes with some stepped-up selling. Volume picked up again, right on cue, and - [Rally Recess - Blueprint 7-7-2014](https://thestockbandit.com/blueprint-7-7-2014/) - Good evening StockBandits! The green pixels on screens market-wide took the day off as stocks pulled back to kick off the new week. The small-cap RUT and NAZ each saw steady trend days on the downside, while the blue-chip DJIA and S&P 500 saw early weakness followed by choppy afternoon action. Although the bulls may - [Freed Up - Blueprint 7-6-2014](https://thestockbandit.com/blueprint-7-6-2014/) - Good evening StockBandits! Hope your 4th was fantastic. We celebrate freedoms here which came at hefty prices, so if you currently serve or have ever served in the military, please know that I appreciate you! The market sure moved freely last week, uninhibited by reduced volume and a holiday-shortened week, and each of the indexes - [Video Review of the Indexes 7-6-2014](https://thestockbandit.com/indexes-7-6-2014/) - Video review of stock market indexes with technical analysis of key index levels. - [Attention Deficit - Blueprint 7-2-2014](https://thestockbandit.com/blueprint-7-2-2014/) - Good evening StockBandits! The World Cup is over for Americans, the market just ramped in front of a 3 1/2 day holiday weekend, and now traders are more concerned with gearing up for pool parties and backyard barbecues than the market. At least that's what we saw today, as severe attention deficit hit the market. - [Roman Candles - Blueprint 7-1-2014](https://thestockbandit.com/blueprint-7-1-2014/) - Good evening StockBandits! The major averages jumped right out of the gate today with an upside gap and a straight-up move for the first four hours of the session. The roman candle-like vertical move took each of the indexes to new all-time (S&P 500, DJIA, RUT) or multi-year highs (NAZ), leaving the bulls with plenty - [At the Turn - Blueprint 6-30-2014](https://thestockbandit.com/blueprint-6-30-2014/) - Good evening StockBandits! The first half of 2014 is over, and we now make the turn toward home. Just as in a round of golf, there's plenty of time to adjust between now and the end, so it's a perfect time to stop and reflect a bit. Being a holiday week, there'll be plenty of - [Test Time - Blueprint 6-29-2014](https://thestockbandit.com/blueprint-6-29-2014/) - Good evening StockBandits! The averages finished last week mixed, but a Friday bounce left the NAZ, S&P, and RUT facing upside tests of their recent highs. For the week, the net changes weren't real significant, so to get some lateral price action was a welcomed sight. The charts badly needed the rest, so we'll take - [Video Review of the Indexes 6-29-2014](https://thestockbandit.com/indexes-6-29-2014/) - Video review of stock market indexes with technical analysis of key index levels. - [Trap Door Buying - Blueprint 6-26-2014](https://thestockbandit.com/blueprint-6-26-2014/) - Good evening StockBandits! This morning we had a bit of a trap-door move right out of the gate with stocks selling off nonstop for the opening 20+ minutes. Being that the bulls are conditioned to respond to selloffs within uptrends by putting cash to work, that's exactly what they did, and the market spent the - [Shake 'n Bake - Blueprint 6-25-2014](https://thestockbandit.com/blueprint-6-25-2014/) - Good evening StockBandits! The Tuesday reversal caught some bears a bit overanxious to establish short positions, and then a weak start this morning set the stage for a quick snapback. By the end of the session, the averages had each finished green, leaving yesterday's decline looking like a possible one-and-done dip. Time will of course tell whether - [Swan Dive - Blueprint 6-24-2014](https://thestockbandit.com/blueprint-6-24-2014/) - Good evening StockBandits! Stocks rallied hard this morning to make new all-time and recovery highs (depending upon the index), stalled out mid-day, then rolled over. The textbook downside reversal had "swan dive" written all over it, reminiscent of a cartoon character's vertical lift from a diving board, pause at the apex, then sharp turn to - [Unchville - Blueprint 6-23-2014](https://thestockbandit.com/blueprint-6-23-2014/) - Good evening StockBandits! Post-expiration today led to a bunch of nothing today with both the NAZ and S&P 500 finishing nearly unchanged on the day, less than 1 point from Friday's closing levels. It was a choppy session in every sense of the word with no intraday runs and extremely narrow trading ranges. There were - [Running Hot - Blueprint 6-22-2014](https://thestockbandit.com/blueprint-6-22-2014/) - Good evening StockBandits! Summer is here, temps are up, and the market is showing no signs of a slowdown yet. All parties come to an end eventually, but so far we've not seen this one give any indications of interest elsewhere. Last week the major averages put together solid performances to continue their lifts not - [Video Review of the Indexes 6-22-2014](https://thestockbandit.com/indexes-6-22-2014/) - Video review of stock market indexes with technical analysis of key index levels. - [10 Candles](https://thestockbandit.com/10-candles/) - Today's a big day at TheStockBandit, as most 10th Birthdays tend to be. It's been a fast decade since the site launched on June 21, 2004. During that time, I've had the wonderful opportunity to serve a great number of traders, perhaps you're among them. Today I want to thank you for your role in - [Charts on Demand 6-19-2014](https://thestockbandit.com/cod-6-19-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills by reviewing member-submitted charts. By staying objective and identifying areas of support, resistance, momentum or apathy on the charts, we can better determine which setups - [What's With All the Streaks?](https://thestockbandit.com/stock-streaks/) - Fading streaks in stocks rarely pays, so don't jump to any big conclusions about easy money once you find one. - [Back to Highs - Blueprint 6-18-2014](https://thestockbandit.com/blueprint-6-18-2014/) - Good evening StockBandits! Prior to the Fed, stocks had spent the bulk of the session chopping around in a range and generally underwater by modest amounts. Once the news hit, that all changed. For the final two hours of the day, the market trended strongly higher to finish at its best levels, leaving the S&P - [A Matter of Desire - Blueprint 6-17-2014](https://thestockbandit.com/blueprint-6-17-2014/) - Good evening StockBandits! The major averages painted another green bar today, but the bulls again showed some restraint in their buying efforts. We've gotten lifts from the short-term pullback lows of last week, but so far the June highs are still intact. If we're going to see new recovery highs made, it's going to boil down to - [Pancake Flat - Blueprint 6-16-2014](https://thestockbandit.com/blueprint-6-16-2014/) - Good evening StockBandits! The S&P 500 finished flat as a pancake today following some intraday shifts of direction. Some buying right after the open led to the high of the session by mid-morning, but there was no follow through and prices subsequently reversed lower. The selling also looked as if it might have legs, but - [Who's Your Daddy - Blueprint 6-15-2014](https://thestockbandit.com/blueprint-6-15-2014/) - Happy Father's Day StockBandits! Before I get into the market discussion and trades, I just want to say up front that if you are a Dad, I sincerely hope that your day has been a good one. It's a tremendous opportunity and it comes with truly massive responsibility, so "Dad" is not a label to - [Review of the Indexes 6-15-2014](https://thestockbandit.com/indexes-6-15-2014/) - Stock market index technical analysis and key index levels. - [Charts on Demand 6-12-2014](https://thestockbandit.com/cod-6-12-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video! This week, I share my views on the member-submitted charts, as well as answer some pressing trading-related questions which were asked of me. Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you - [Cooling Off - Blueprint 6-11-2014](https://thestockbandit.com/blueprint-6-11-2014/) - Good evening StockBandits! Summertime is here and today the bulls took a dip, perhaps not only in the pool but in the market as well. Stocks finally relented to break 5-day streaks in the NAZ and DJIA, cooling off their torrid pace while conjuring up images of the old "simma down now" SNL skit. Of course, the - [Freeze Frame - Blueprint 6-10-2014](https://thestockbandit.com/blueprint-6-10-2014/) - Good evening StockBandits! Today was a case of correcting by time rather than price as the major averages held their position to close for the second straight day in essentially the same spot. A morning pullback offered yet another chance to buy a shallow dip, which the bulls did, right on cue. The slow grind - [Consistent Pressure - Blueprint 6-9-2014](https://thestockbandit.com/blueprint-6-9-2014/) - Good evening StockBandits! The indexes finished green across the board today, kicking off the new week where the last one left off. The gains weren't impressive, but the bulls kept the pressure on by winning yet another day. The small caps led again, the blue chips made new all-time highs, and the NAZ was able - [Thrust - Blueprint 6-8-2014](https://thestockbandit.com/blueprint-6-8-2014/) - Good evening StockBandits! The recent rest phases we've seen in the market finally came to an end last week with some upside acceleration. Each of the averages finally had a more emotion-driven move with a big thrust higher. That delivered new all-time highs for the S&P 500 and DJIA, as well as some very important - [Review of the Indexes 6-8-2014](https://thestockbandit.com/indexes-6-8-2014/) - Stock market index technical analysis and key index levels. - [Month in Review (May 2014)](https://thestockbandit.com/review-may-2014/) - There are always lessons to be learned when you see which kinds of plays have worked best and which were the better movers you may have missed out on. - [Charts on Demand 6-5-2014](https://thestockbandit.com/cod-6-5-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Video Review of the Indexes 6-1-2014](https://thestockbandit.com/indexes-6-1-2014/) - Video review of stock market indexes with technical analysis of key index levels. - [Creepy - Blueprint 6-4-2014](https://thestockbandit.com/blueprint-6-4-2014/) - Good evening StockBandits! The market edged higher again today, creeping back up to new recovery highs in the case of the NAZ and S&P 500. True to recent form though, it was far from a banner day for the bulls with only modest gains put up across the board and although volume levels improved over - [No Progress - Blueprint 6-3-2014](https://thestockbandit.com/blueprint-6-3-2014/) - Good evening StockBandits! Trading continued today, but there sure wasn't much to show for it by the end of the session as once again we saw very minor net changes as the indexes took a rest. The S&P 500, DJIA and NAZ each painted inside days, respecting Monday's ranges. It almost felt like July 4th - [Tardy - Blueprint 6-2-2014](https://thestockbandit.com/blueprint-6-2-2014/) - Good evening StockBandits! The net changes in the averages today appeared mundane, but there was a little bit of excitement early in the session. A modestly positive open was immediately met with aggressive selling for the first 40 minutes of the session, without relent. It was solid red and looked as though it could turn - [Zero Gravity - Blueprint 6-1-2014](https://thestockbandit.com/blueprint-6-1-2014/) - Good evening StockBandits! The indexes have rebounded nicely from their mid-May pullback lows, in some cases by more than 5%. That's impressive, especially considering that the signals remain somewhat mixed among the averages. For example, the S&P has broken out to new all-time highs, the DJIA is sitting beneath its highs, the NAZ has cleared - [50 Yards - Blueprint 5-29-2014](https://thestockbandit.com/blueprint-5-29-2014/) - Good evening StockBandits! Wednesday's pause for the market was a bit like Clark Griswold in the Grand Canyon scene of Vacation. After shrugging his shoulders and taking in the scene for a whopping 3 seconds, he hurriedly nods his head and says "Ok...let's go!" Today we saw the market get right back on the move, - [TCOB - Blueprint 5-28-2014](https://thestockbandit.com/blueprint-5-28-2014/) - Good evening StockBandits! I used to have a roommate in college who, when he was doing what he needed to do, would say he was "TCOB" or "takin' care of business." It wasn't that he was doing anything over and above what was required of him as a student, but simply that he was doing - [Faceoff - Blueprint 5-26-2014](https://thestockbandit.com/blueprint-5-26-2014/) - Good evening StockBandits! Hope you're enjoying a nice Memorial Day weekend, we sure have much to be thankful for considering the freedoms we enjoy and those who made the ultimate sacrifice for it. If you are active military, retired military, or a reserve, you are appreciated! Thank you for doing what you do! Turning to - [Review of the Indexes 5-26-2014](https://thestockbandit.com/indexes-5-26-2014/) - Stock market index technical analysis and key index levels. - [Charts on Demand 5-22-2014](https://thestockbandit.com/cod-5-22-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Considerable Complacency - Blueprint 5-21-2014](https://thestockbandit.com/blueprint-5-21-2014/) - Good evening StockBandits! All but the small caps made new highs for the week today as early strength was able to hold, keeping the averages green for the day. Volume was light, but the S&P again pushed past 1883 (wake me up when the breakout's for real). The messages are still mixed among the indexes, - [A Concern for the Bulls](https://thestockbandit.com/concern-5-21-2014/) - The VIX has again reached a key area which has in recent months coincided with pullbacks in the S&P 500 Index. - [Shying Away Again - Blueprint 5-20-2014](https://thestockbandit.com/blueprint-5-20-2014/) - Good evening StockBandits! With yet another chance to break out from their respective ranges, the S&P 500 and DJIA each shied away today from resistance. There was no attempt made at the upside, as right out of the gate we saw steady selling pressure which lasted into the afternoon. There was a modest lift late - [Keepin the Dream Alive - Blueprint 5-19-2014](https://thestockbandit.com/blueprint-5-19-2014/) - Good evening StockBandits! The major averages posted gains today to kick off the pre-holiday week by lifting from their respective lows from last week. The S&P 500 was able to push past 1883 again, making it the only notable technical event of the day as it kept the dream alive for a breakout. The upside was best - [Different Rules for Downside Volume](https://thestockbandit.com/downside-volume/) - Trading volume is a key factor to a technical trader. Heavy volume is usually needed to push stocks higher for lasting moves, but downside volume is different. - [Strike Two - Blueprint 5-18-2014](https://thestockbandit.com/blueprint-5-18-2014/) - Good evening StockBandits! Last week saw the major averages lifting on the heels of the previous week's strong finish, but there was no follow through. Both the S&P 500 and DJIA reached new all-time highs, only to immediately give back ground with Wednesday-Thursday slides to fail their respective breakouts. Having closed above their key resistance - [SPY Failures Potentially Ominous for Bulls](https://thestockbandit.com/spy-5-16-2014/) - The tone may soon be set for a little market tantrum if the bulls don't get in gear quickly. - [Charts on Demand 5-15-2014](https://thestockbandit.com/cod-5-15-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Edge of Failure - Blueprint 5-14-2014](https://thestockbandit.com/blueprint-5-14-2014/) - Good evening StockBandits! The major averages slipped into the red right out of the gate today, chopped around for a few hours, then tumbled further into the close. The pullback has already erased the gains seen since Monday's open for the each of the indexes, which puts at least a temporary kink into the bulls' plans - [Conviction in Your Trading Strategy](https://thestockbandit.com/conviction-trading-strategy/) - Pulling the trigger on a trade requires a certain level of confidence to begin with. The next goal is to stay in that position, which requires conviction. - [No Hands - Blueprint 5-13-2014](https://thestockbandit.com/blueprint-5-13-2014/) - Good evening StockBandits! The indexes went green this morning as they stretched into their third consecutive advance, but the enthusiasm fizzled and the highs of the session were set within 75 minutes of the opening bell. From there, we saw a pullback and then a few hours of choppy price action with stocks unable to - [Month in Review (Apr 2014)](https://thestockbandit.com/review-apr-2014/) - There are always lessons to be learned when you see which kinds of plays have worked best and which were the better movers you may have missed out on. - [Heading North - Blueprint 5-12-2014](https://thestockbandit.com/blueprint-5-12-2014/) - Good evening StockBandits! The DJIA and S&P 500 each broke out to new all-time closing highs today, finally clearing their respective resistance zones which have plagued them in recent months. For the DJIA, that resistance went all the way back to December. For the S&P 500, it has been in place since early March. In - [What to Do, What to Do - Blueprint 5-11-2014](https://thestockbandit.com/blueprint-5-11-2014/) - Happy Mother's Day StockBandits! On Friday we saw the S&P and Dow each close just a short distance from where they finished the previous week. The S&P really typified the week with 5 bars on the daily chart of alternating colors: green/red/green/red/green. Both of these senior indexes are once again facing key resistance with the potential - [Review of the Indexes 5-11-2014](https://thestockbandit.com/indexes-5-11-2014/) - Stock market index technical analysis and key index levels. - [Charts on Demand 5-8-2014](https://thestockbandit.com/cod-5-8-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Which Trading Range Play is Best?](https://thestockbandit.com/trading-range-play/) - When stocks are in trading ranges, which trade is best - going long or short? I've found that it still pays to defer to the existing trend. - [Divided - Blueprint 5-7-2014](https://thestockbandit.com/blueprint-5-7-2014/) - Good evening StockBandits! The indexes finished the day split with smaller-caps in the red right out of the gate while the senior averages found their footing following a morning slide. The RUT actually painted a new correction low today as it undercut the April low at 1095, but the Big 3 (NAZ, S&P 500, DJIA) - [Risk Reward on Intraday Trades](https://thestockbandit.com/risk-reward-day-trades/) - When it comes to intraday trades (or single-day trades), traders have a tendency to think differently. Maybe it's the more-frequent painting of bars on the chart that affects them, or they're jumping to conclusions based on the moment by moment price quotes, or that time-and-sales window is humming along so fast that some focus gets lost. - [Concrete Ceiling - Blueprint 5-6-2014](https://thestockbandit.com/blueprint-5-6-2014/) - Good evening StockBandits! Monday saw a weak start immediately followed by strength which lasted throughout the session, leaving stocks near their best levels by the closing bell. Today, we saw the complete opposite with a downside gap which never filled and a trend day lower. The S&P again failed to get free and clear of - [Knock, Knock, Knocking - Blueprint 5-4-2014](https://thestockbandit.com/blueprint-5-4-2014/) - Good evening StockBandits! Last week we had some big earnings announcements, we had an FOMC meeting, and then on Friday we had a highly-anticipated jobs report. Funny enough, none of those things proved to be big market movers. We did see a bit of a bounce from the pullback lows on Monday, but the strength - [5 Setups to Watch This Week](https://thestockbandit.com/5-setups-5-4-2014/) - Here are 5 setups of interest I ran across this weekend in doing my research. Put them on your radar and keep assessing their price action daily. - [Charts on Demand 5-1-2014](https://thestockbandit.com/cod-5-1-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [All Eyes on the Bulls - Blueprint 4-30-2014](https://thestockbandit.com/blueprint-4-30-2014/) - Good evening StockBandits! The morning econ news wasn't very well-received, and the market traded slightly lower in the early going, including a gap to the downside. Knowing that the FOMC was coming though, traders abandoned aggressive positions and opted for the sidelines until the big market-moving event of the day came to pass. That delivered - [Fundamentals vs. Technicals in Trading](https://thestockbandit.com/fundamentals-technicals-trading/) - Stocks rise and fall based on demand for shares and not necessarily profitability of the company itself. - [Containment - Blueprint 4-29-2014](https://thestockbandit.com/blueprint-4-29-2014/) - Good evening StockBandits! Today's action was much more tame than what we saw on Monday, with narrower ranges and fewer reversals. We finished higher across the board, although it wasn't as if stocks ran higher all day. The S&P 500 and DJIA each posted gains, but remained contained as they stayed beneath their respective resistance - [The Longest Route - Blueprint 4-28-2014](https://thestockbandit.com/blueprint-4-28-2014/) - Good evening StockBandits! Premarket strength set the tone for an upbeat start to the week, but the opening gap to the upside got quickly filled. Early gains just haven't been trusted lately, so traders were quick to hit bids. After a test of Friday's lows though, we got a bounce and before the first hour - [Tuck and Roll - Blueprint 4-27-2014](https://thestockbandit.com/blueprint-4-27-2014/) - Good evening StockBandits! Bulls have had an agonizing weekend after a very poor showing last week. The bounces which had kicked in the week before did continue - at least initially. We were seeing strength even into mid-week, but the short-term overbought conditions paired with approaching key levels and it prompted some selling. In the - [Review of the Indexes 4-27-2014](https://thestockbandit.com/indexes-4-27-2014/) - Stock market index technical analysis and key index levels. - [The Anticipation is Killing Me](https://thestockbandit.com/anticipation-killing-me/) - You're in a position and you can't wait for the outcome. The anticipation of gains or losses is killing you. - [Charts on Demand 4-24-2014](https://thestockbandit.com/cod-4-24-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [There Are No Rules - /NQ](https://thestockbandit.com/no-rules/) - What too many people fail to remember about the market is that there are no rules. Nothing states that strength or weakness will hold. - [7 Slices - Blueprint 4-23-2014](https://thestockbandit.com/blueprint-4-23-2014/) - Good evening StockBandits! The NAZ and RUT each approached their prior bounce highs after 6-day win streaks, but it was a close but no cigar attempt as they each got turned away from their respective resistance zones today. The S&P 500 and DJIA each finished red as well, although they painted inside days with no - [The Left-Field Move ($SUNE)](https://thestockbandit.com/left-field-move-sune/) - Trading from the charts is not perfect. Sometimes we see a left-field move which flies in the face of the story which the price action had been telling. - [Accident-Prone - Blueprint 4-22-2014](https://thestockbandit.com/blueprint-4-22-2014/) - Good evening StockBandits! Shrugging off short-term overbought conditions and a pre-existing 5-day streak of gains, stocks pushed higher again in today's session to extend the rally. Volume was (not surprisingly) still light, which leaves the current lift looking accident-prone. The standout move of the day was the S&P 500, which was able to clear the - [How Do You Measure Your Risk?](https://thestockbandit.com/measure-risk/) - It's a question I field frequently, so here are a few things I consider anytime I'm putting on a new trading position: - [Modesty - Blueprint 4-21-2014](https://thestockbandit.com/blueprint-4-21-2014/) - Good evening StockBandits! The market extended its bounce to 5 sessions today, building on last week's string of advances. Today's was a pretty modest lift, somewhat muted by some morning profit-taking we saw which took the indexes temporarily into the red. The dip was bought, and stocks hovered for the entire afternoon in the green. Tonight - [Happy Easter - Blueprint 4-20-2014](https://thestockbandit.com/blueprint-4-20-2014/) - Good evening StockBandits! The indexes saw a 4-day lift in an abbreviated trading week last week to bring stocks up from their recent correction lows. Volume was hit and miss and lower highs are still in place, which should make for an interesting battle in the days and weeks ahead. The bulls haven't given up - [5 Setups to Watch This Week](https://thestockbandit.com/5-setups-4-20-2014/) - Here are 5 setups of interest I ran across this weekend in doing my research. Put them on your radar and keep assessing their price action daily. - [Month in Review (Feb/Mar 2014)](https://thestockbandit.com/review-febmar-2014/) - There are always lessons to be learned when you see which kinds of plays have worked best and which were the better movers you may have missed out on. - [Charts on Demand 4-17-2014](https://thestockbandit.com/cod-4-17-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Misleading - Blueprint 4-16-2014](https://thestockbandit.com/blueprint-4-16-2014/) - Good evening StockBandits! The bounce carried over into this morning with another gap to the upside. Once again, the early strength prompted some cash-raising, although we didn't quite fill the entire opening gap. The mild pullback stabilized, and by mid-day the market was painting new session highs. From there, we saw a few hours of - [Reading the Intraday Chart](https://thestockbandit.com/reading-intraday-chart/) - Bars are bars (or candles are candles), and price patterns are price patterns - regardless of the timeframe you're looking at. - [Turbulent - Blueprint 4-15-2014](https://thestockbandit.com/blueprint-4-15-2014/) - Good evening StockBandits! Last night I discussed the NAZ in particular as suspect when it came to more upside until we got at test of 3966. We had a light-volume bounce yesterday, and it just appeared as though we'd have to get down to test and validate the big level which had served as both - [Percentage of Portfolio Per Trade?](https://thestockbandit.com/percentage-portfolio-per-trade/) - When asked what percentage of your trading portfolio do you put on one trade, this was my response. - [How to Turn a Profit at 50-50](https://thestockbandit.com/profit-50-50/) - Those who care about profitability in their trading know it's not about being frequently correct as much as it is about having good money management. - [How Many Trading Positions is Too Many?](https://thestockbandit.com/too-many-positions/) - If you're looking to be more active in the markets, fewer trading positions will likely serve you better. - [Monday Optimism - Blueprint 4-14-2014](https://thestockbandit.com/blueprint-4-14-2014/) - Good evening StockBandits! Early strength in the futures markets propped up prices this morning for an upside gap at the open. From there, we saw a partial gap fill before new highs were made late in the morning. As the day wore on, however, the strength wore off and the afternoon was characterized by a - [Widespread Carnage - Blueprint 4-13-2014](https://thestockbandit.com/blueprint-4-13-2014/) - Good evening StockBandits! If April showers bring May flowers, then it's shaping up to be one heck of a garden next month because right now it's raining stocks. There seems to be no safe haven for risk to head other than the sidelines given the downside continuation we saw last week. The NAZ and RUT - [Review of the Indexes 4-13-2014](https://thestockbandit.com/indexes-4-13-2014/) - Stock market index technical analysis and key index levels. - [Charts on Demand 4-10-2014](https://thestockbandit.com/cod-4-10-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Not Out of the Woods - Blueprint 4-9-2014](https://thestockbandit.com/blueprint-4-9-2014/) - Good evening StockBandits! The bulls produced follow through on the heels of Tuesday's relief rally, which was exactly what they needed to do. Not only did we see follow through, but we saw greater strength today than in yesterday's session in terms of net gains. The wider participation of today's lift puts added distance between - [Temporary Turnaround - Blueprint 4-8-2014](https://thestockbandit.com/blueprint-4-8-2014/) - Good evening StockBandits! Turnaround Tuesday arrived today with some upside for the market on the heels of the quick selloff from last week's highs. The bulls were happy to stop the bleeding, although the strength was relatively modest as only a small fraction of Monday's decline was recovered. The upside volume which accompanied today's bounce - [Backing and Filling - Blueprint 4-7-2014](https://thestockbandit.com/blueprint-4-7-2014/) - Good evening StockBandits! The runup from the February low was downright impressive. The market ramped quickly with persistent strength and several gaps were formed along the way. But anytime price goes too far, too fast, backing and filling becomes necessary. That seems to be exactly what we're seeing here. Some may blame it on the - [Skeptical - Blueprint 4-6-2014](https://thestockbandit.com/blueprint-4-6-2014/) - Good evening StockBandits! Two weeks ago, the market had become a bit short-term extended on the downside and subsequently began to bounce. That bounce took on different characteristics depending on the index in question. For example, the S&P rallied enough to make a new high, as did the DJIA. The NAZ and RUT, however, represent - [5 Setups to Watch This Week](https://thestockbandit.com/5-setups-4-6-2014/) - Here are 5 setups of interest I ran across this weekend in doing my research. Put them on your radar and keep assessing their price action daily. - [Charts on Demand 4-3-2014](https://thestockbandit.com/cod-4-3-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [On the Number - Blueprint 4-2-2014](https://thestockbandit.com/blueprint-4-2-2014/) - Good evening StockBandits! The indexes each registered modest gains today, which technically counts as some follow through to Tuesday's incremental breakout on the S&P and the key levels the NAZ and RUT had reclaimed. It was far from an impressive day, however, and the market is starting to appear a bit fatigued after this 4-day - [Swing Trading vs. Intraday Trading: Selecting Timeframe](https://thestockbandit.com/trading-timeframes/) - Once you find a quality chart pattern, how do you decide whether to take it for a swing trade or a day trade? - [Why I Wait for Patterns to Confirm](https://thestockbandit.com/pattern-confirmation-12-19-2012/) - I'm often asked whether I'm an anticipatory trader or a trader who acts upon confirmation of a pattern, and the answer is that I'm the latter. Why? Because I'm willing to enter at a slight worse level (as compared to an anticipatory entry prior to confirmation) in order to have a little higher confidence in - [2013 Predictions](https://thestockbandit.com/2013-predictions/) - Before you read any further, let me be clear that this is NOT a post of my predictions for 2013! Those of you who have read me over the years know that I'm a trader, which means I operate on if/then scenarios and therefore I do not make big bets based on what I think - [Trading Scenarios: Anticipation and Confirmation](https://thestockbandit.com/anticipation-and-confirmation/) - Trading at times requires anticipatory entries, while other times warrant waiting for confirmation. In this post we'll examine pros and cons of each scenario. - [Are You Following on Twitter?](https://thestockbandit.com/thestockbandit-on-twitter/) - Some traders spend every day on Twitter, posting dozens of trades and conversing nonstop. It can be a lot to keep up with! I try not to clutter the feed with non-pertinent info, unless it's the evening or weekend when I might do a little more. Regarding my market thoughts, however, I've put out some - [Relative Range for a Stock](https://thestockbandit.com/relative-range/) - Relative Range allows you to see at a glance where a watchlist item (index, stock, future, etc.) stands in relation to the relative high and low for the Day or the Year. This is very useful to quickly identify strength or weakness across a couple of key timeframes. - [Trading the Same Stock Repeatedly](https://thestockbandit.com/trading-same-stock/) - Among active traders, there's a bit of a split decision when it comes to trading the same stocks over and over. - [Time Stops](https://thestockbandit.com/time-stops/) - Maintaining hard stops on positions can prove to be a valuable safety net, but sometimes a time stop is appropriate due to the advantages it offers. - [Your Timeframe is Everything](https://thestockbandit.com/timeframe-12-3-2012/) - Trading is all about timing, wouldn't you agree? And yet far too often, traders don't consider their timeframe when evaluating the price action on a chart. So with that in mind, let's take a look at a stock which could be bullish or bearish, depending of course on your timeframe. It's extremely important! Run time - [Managing Expectations with Major Price Gaps](https://thestockbandit.com/major-price-gaps-11-01-2012/) - This video discusses major price gaps, which we see quite often - particularly around earnings season. But what impact do they have? What expectations should we have when we see a big gap in price? And what should we shift our focus to once a major gap gets filled? It's all covered in the video. - [Looks Aren't Everything](https://thestockbandit.com/looks-arent-everything/) - Total volume gives you an idea of just how much involvement there is for any given day. It should be one of the very first things you look at when you pull up a chart. - [More than Rewarding](https://thestockbandit.com/rewarding-11-8-2012/) - TheStockBandit University has equipped hundreds of new traders for what they face in the markets, as well as helped those with experience who simply needed to get back on track. Interacting with each of those traders gives me an opportunity to see frequent improvements in both their approaches and their results. To call it rewarding - [DVD Special](https://thestockbandit.com/dvd-special-11-30-2012/) - Just in time for the holidays, we're running a special on our seminar DVD's for half price. If you've missed me live this year in TX, NY, GA, CO, PA, NV or you won't be in NC in two weeks (details will be coming on that shortly), this is your chance to catch up. These - [Next Friday in Las Vegas](https://thestockbandit.com/vegas-expo-2012/) - On Friday, November 16th at the Las Vegas Traders Expo, I'll be teaching live at 1:15pm PT. If you can make it to my session I'd love to see you there. I'll be covering 8 Steps to Trade Your Way Better. I'll also cover the plays which have been working best of late, and share - [Live in NC Next Week](https://thestockbandit.com/live-in-nc-next-week/) - I'm heading to Raleigh/Durham this coming weekend, so if you're in the area come on out either Friday December 14th or Saturday December 15th (or both, as I'm covering different material each day). I'll be presenting at the Worden Conference (as will Peter Worden). The workshop will be held at the Embassy Suites Raleigh-Durham (201 - [Now on TC2000 Third-Party Research](https://thestockbandit.com/tc2000-research/) - Those of you who are TC2000 users will love this, as I'm now one of their Third-Party Research contributors. This is a tremendous honor to me, as there are only 4 of us and one of the others is none other than Peter Worden. I had the wonderful opportunity to participate in a number of - [Traders at Work: Mandatory Reading](https://thestockbandit.com/traders-at-work-01242013/) - I just received in the mail my copy of Traders at Work: How the World's Most Successful Traders Make Their Living in the Markets. And I'm very proud to be Chapter 10! The number of trading books I've read over the years must exceed 200 by now, but among them my favorites have always been - [Phoenix/Scottsdale Traders](https://thestockbandit.com/scottsdale-traders-2-12-2013/) - Just a heads-up to those of you located in Arizona (and specifically the Phoenix area), I'll be presenting LIVE on Tuesday evening to the Scottsdale/Phoenix Traders and Investors Group from 6-8pm. If you're in that area and you can make it, I'd love to see you there! Walk-in attendees are welcome, although it helps them - [Are You Overcoming?](https://thestockbandit.com/afraid-to-trade/) - As a kid, I'd get on any ride. No roller coaster intimidated me, I was game for anything. But then something happened, and I'm not sure what it was. Some kind of mental obstacle just appeared, and I'm not sure why. All I know is that in recent years, I backed away from the big - [Are You Feeding Your Dream?](https://thestockbandit.com/feed-your-dream/) - On Sunday evening, I was reminded of a dream I used to feed. There was a kid, probably about 14, walking down the fairway of the golf course I live on. The sun was low in the sky, and the shadows were growing longer by the minute. Green grass was just starting to poke through - [The Best Pressure-Reliever for Your Trading](https://thestockbandit.com/pressure-reliever-for-trading/) - During a recent conversation with a trader, I was asked how I handle the pressure of making a living trading when I have not just the standard monthly expenses but a family as well. As I relayed my answer and spoke honestly about what it was, it hit me that I needed to share this - [Words from a 20-Year Pro](https://thestockbandit.com/20-year-pro/) - TheStockBandit University is something I put together to equip traders for everything the market can throw at us. It's been a lot of fun to see the proverbial light bulb go on for those who have completed the course, and has been extremely rewarding to see the difference it has made in their trading. Profits - [The Unforeseeable](https://thestockbandit.com/the-unforeseeable/) - It was unprecedented. Never before had it happened to me or anyone I've ever seen. A mid-toothbrushing sneeze! Never even heard of one. Didn't even know it was possible. But there I was...mouth full of foam, a clean mirror before me, and the sudden realization that both of those things were about to change. Did - [Costly Shortcuts](https://thestockbandit.com/costly-shortcuts/) - Over the weekend, I heard from a trader who was midway through a cross-country move of 2400 miles. Some 2000 miles into the trip, a wheel flew off his trailer while driving 75mph on a rural highway. With the trailer skidding and the possibility of losing control of the vehicle (and his life), he was - [Stepping in the Bucket](https://thestockbandit.com/stepping-in-the-bucket/) - Traders are frequently afraid. Getting into trades is hard for some. For others, it's about staying in their trades and not bailing out too soon. Here are 3 things I've found to help eliminate trading fears - [Trading Styles are Like Golf Clubs](https://thestockbandit.com/trading-styles-golf-clubs/) - Successful trading requires understanding conditions, understanding yourself, and then utilizing the best strategy given those circumstances. - [Bulletproof Home(builders)](https://thestockbandit.com/bulletproof-homebuilders-11-7-2012/) - Nasty day today out there, no question about it. Worst day of 2012 for the DJIA, and new correction lows everywhere you look. Well....almost everywhere. Everywhere but the homebuilder stocks I should say. They're holding up like champs. Are these things bulletproof? I'm not suggesting that, but they dodged a missile today. If these aren't - [Is the $AAPL Swan Dive Over?](https://thestockbandit.com/aapl-11-13-2012/) - The shine has come off of $AAPL since the release of the iPhone 5, and cash has been raised en masse since this stock briefly cleared $700. But with shares off 23%, the question on the minds of many is whether now is the time to buy. There has definitely been a dip for those - [$YHOO Measured Move Met](https://thestockbandit.com/yhoo-12-7-2012/) - Back on October 23rd, I covered $YHOO in a video discussing it as a breakout candidate from a $2.40-wide trading range. Here's the video which explained it all in 3 mins: The stock closed above that $16.80 area just 4 days later, and never looked back. Since then, it's been on a multi-week run and - [Stocks to Watch 1-4-2013](https://thestockbandit.com/stocks-1-4-2013/) - This morning I was a guest on a financial radio show, and wanted to share the charts of stocks I discussed on the show. If you're here for the first time after listening to the show, welcome! Here are the setups: AMZN may be building a large cup & handle here, although the handle needs - [5 Wedges to Watch](https://thestockbandit.com/5-wedges-to-watch-01172013/) - I'm always working my watch lists in search of great setups to share with subscribers here. Occasionally, a theme emerges which is worth pointing out publicly. In this case, I'm sharing a handful of setups with you which all happen to be stocks caught in wedge patterns. First, let's consider what a wedge pattern is - [Stocks to Watch 2-1-2013](https://thestockbandit.com/stocks-2-1-2013/) - This morning I was a guest on a financial radio show, and wanted to share the charts of stocks I discussed on the show. If you're here for the first time after listening to the show, welcome! Here are the setups: ARCO is sitting in a tight wedge here with explosive potential. A push past - [RHT: Downtrend or Uptrend?](https://thestockbandit.com/rht-2-19-2013/) - The RHT daily chart is caught in a downtrend channel over the past few months, yet zooming out on the chart reveals what looks to be a pullback within the context of an overall uptrend. So...who's right, the bulls or bears here? Both of them can be, and that's because your view on a chart - [TSLA Nearing Decision Point](https://thestockbandit.com/tsla-06-12-2013/) - Momentum traders have flocked to TSLA since early May, attracted to both the volatility and the liquidity in the name. With an Average True Range north of $7 for nearly a month, there's plenty of movement on any given day. And yet, since the high was set May 29th, the stock has been wedging. Rising - [GOOG Searching for Lower Prices?](https://thestockbandit.com/goog-6-21-2013/) - GOOG has been not just a tech leader, but a market leader since the November lows, putting up gains of more than 40% from its low to the May high (almost twice the performance of the NAZ). In recent weeks, we've seen a gradual pullback in a channel fashion, which was resolved higher earlier this - [From GOGO to NoNo - Portrait of a Reversal](https://thestockbandit.com/gogo-to-nono/) - The daily chart of GOGO has been providing some excellent lessons lately. A few weeks ago it displayed what momentum looks like with it's short-squeeze-like runup off a fresh August low to make a new all-time post-IPO high of $19.18 on Sept. 20. Price began to settle down for a few days to digest the - [Thinking Outside the Box in $FDX](https://thestockbandit.com/outside-the-box-fdx/) - Shorting into strength can be a recipe for disaster. However, the pace of the rally has slowed considerably in recent days. - [5 Setups of Interest](https://thestockbandit.com/5-setups-1-5-2014/) - Here are 5 setups of interest I ran across this weekend in doing my research. Put them on your radar and keep assessing their price action daily. - [5 Setups to Watch This Week](https://thestockbandit.com/5-setups-1-12-2014/) - Here are 5 setups of interest I ran across this weekend in doing my research. Put them on your radar and keep assessing their price action daily. - [5 Setups to Watch This Week](https://thestockbandit.com/5-setups-1-20-2014/) - Here are 5 setups of interest I ran across this weekend in doing my research. Put them on your radar and keep assessing their price action daily. - [5 Setups to Watch This Week](https://thestockbandit.com/5-setups-2-2-2014/) - Here are 5 setups of interest I ran across this weekend in doing my research. Put them on your radar and keep assessing their price action daily. - [5 Setups to Watch This Week](https://thestockbandit.com/5-setups-2-9-2014/) - Here are 5 setups of interest I ran across this weekend in doing my research. Put them on your radar and keep assessing their price action daily. - [5 Setups to Watch This Week](https://thestockbandit.com/5-setups-2-17-2014/) - Here are 5 setups of interest I ran across this weekend in doing my research. Put them on your radar and keep assessing their price action daily. - [5 Setups to Watch This Week](https://thestockbandit.com/5-setups-2-23-2014/) - Here are 5 setups of interest I ran across this weekend in doing my research. Put them on your radar and keep assessing their price action daily. - [5 Setups to Watch This Week](https://thestockbandit.com/5-setups-3-2-2014/) - Here are 5 setups of interest I ran across this weekend in doing my research. Put them on your radar and keep assessing their price action daily. - [5 Setups to Watch This Week](https://thestockbandit.com/5-setups-3-9-2014/) - Here are 5 setups of interest I ran across this weekend in doing my research. Put them on your radar and keep assessing their price action daily. - [5 Setups to Watch This Week](https://thestockbandit.com/5-setups-3-23-2014/) - Here are 5 setups of interest I ran across this weekend in doing my research. Put them on your radar and keep assessing their price action daily. - [Q&A: Is it Time to Start Accumulating?](https://thestockbandit.com/start-accumulating-12-10-2012/) - I got an email this weekend from JM, a subscriber who asked: Do you think it is safe to start establishing smaller size positions on dips like in the 1st quarter of this year (Jan-Mar 2012)? Thx, JM The Jan/Feb/Mar rally was pretty nonstop, and he's asking if the bounce from the November low looks - [Q&A: Deciding on a Trade Timeframe](https://thestockbandit.com/timeframe-12-18-2012/) - I was just asked by a trader about how I determine my holding time for positions (trade timeframe). Specifically, Brian asked: If you buy a pattern breakout off the daily (chart), how do you know it will run? I "thought" you might take some of these and see where they go, meaning if it closes - [Is the 50-day Moving Average Relevant?](https://thestockbandit.com/50-day-moving-average/) - One of the most common moving average periods is the 50-day moving average, but is it relevant and is it useful to apply to all charts? - [Chart Scale: Logarithmic or Arithmetic?](https://thestockbandit.com/logarithmic-vs-arithmetic/) - I was asked this past week why AAPL looked to be above a downtrend line on one chart but beneath the same downtrend line on another. Great question! The short answer is that the scaling is different on the two charts. You might have seen the words 'arithmetic' and 'logarithmic' in your charting program or - [What Would This be Worth to You?](https://thestockbandit.com/weekly-video-value-6-13-2013/) - Every week, members of the site are treated to a special feature called Charts on Demand. As they have questions on individual tickers, they submit them and then once a week I give my technical take via video. It's a longer video, but very educational. Not only does this give our traders a second opinion - [Entries: Stop or Stop Limit?](https://thestockbandit.com/entries-stop-or-stop-limit/) - I'm asked quite often the following question: "When buying a stock, do you go with a 'buy stop' order or a 'buy stop limit' order?" First, let me just quickly clarify the difference for those who may not already know. A buy stop order means that once price trades at or through the designated 'stop' - [Review of the Indexes 11-10-2013](https://thestockbandit.com/indexes-11-10-2013/) - Stock market index technical analysis and key index levels. - [Review of the Indexes 11-24-2013](https://thestockbandit.com/indexes-11-24-2013/) - Stock market index technical analysis and key index levels. - [Review of the Indexes 12-1-2013](https://thestockbandit.com/indexes-12-1-2013/) - Stock market index technical analysis and key index levels. - [Review of the Index ETF's 12-8-2013](https://thestockbandit.com/indexes-12-8-2013/) - Stock market index technical analysis and key index levels. - [Review of the Indexes 12-15-2013](https://thestockbandit.com/indexes-12-15-2013/) - Stock market index technical analysis and key index levels. - [Review of the Indexes 12-22-2013](https://thestockbandit.com/indexes-12-22-2013/) - Stock market index technical analysis and key index levels. - [Video Review of the Indexes 1-5-2014](https://thestockbandit.com/indexes-1-5-2014/) - Weekly review of stock market indexes with technical analysis of key index levels. - [Review of the Indexes 1-26-2014](https://thestockbandit.com/indexes-1-26-2014/) - Stock market index technical analysis and key index levels. - [Review of the Indexes 3-16-2014](https://thestockbandit.com/indexes-3-16-2014/) - Stock market index technical analysis and key index levels. - [Review of the Indexes 3-30-2014](https://thestockbandit.com/indexes-3-30-2014/) - There are some mixed signals among the averages right now, but there's reason to err on the side of caution after some hefty declines last week in the more speculative indexes. Picking and choosing spots is wise given the current conditions, so stay selective out there. As we head into a new week of trading, - [Review of the Indexes 11-3-2013](https://thestockbandit.com/indexes-11-3-2013/) - Weekly review of stock market indexes with technical analysis of key index levels. - [Review of the Indexes 10-27-2013](https://thestockbandit.com/indexes-10-27-2013/) - Weekly review of stock market indexes with technical analysis of key index levels. - [Review of the Indexes 10-20-2013](https://thestockbandit.com/indexes-10-20-2013/) - Weekly review of stock market indexes with technical analysis of key index levels. - [Review of the Indexes 10-13-2013](https://thestockbandit.com/indexes-10-13-2013/) - Weekly review of stock market indexes with technical analysis of key index levels. - [Video Review of the Indexes 10-6-2013](https://thestockbandit.com/indexes-10-6-2013/) - Weekly review of stock market indexes with technical analysis of key index levels. - [Review of the Indexes 9-29-2013](https://thestockbandit.com/indexes-9-29-2013/) - Weekly review of stock market indexes with technical analysis of key index levels. - [Review of the Indexes 9-22-2013](https://thestockbandit.com/indexes-9-22-2013/) - Weekly review of stock market indexes with technical analysis of key index levels. - [Review of the Indexes 9-15-2013](https://thestockbandit.com/indexes-9-15-2013/) - Weekly review of stock market indexes with technical analysis of key index levels. - [Video Review of the Indexes 9-8-2013](https://thestockbandit.com/indexes-9-8-2013/) - Weekly review of stock market indexes with technical analysis of key index levels. - [Video Review of the Indexes 9-2-2013](https://thestockbandit.com/indexes-9-2-2013/) - Weekly review of stock market indexes with technical analysis of key index levels. - [Review of the Indexes 8-25-2013](https://thestockbandit.com/indexes-8-25-2013/) - Weekly review of stock market indexes with technical analysis of key index levels. - [Video Review of the Indexes 8-18-2013](https://thestockbandit.com/indexes-8-18-2013/) - The major averages saw a change of character last week, taking us out of the 5-week trading ranges which have kept price movement so restricted for much of the summer. Now, all eyes are on the bulls to see whether this wake-up call will prompt them to defend the trend, or if instead it's the - [Review of the Indexes 8-4-2013](https://thestockbandit.com/indexes-8-4-2013/) - Weekly review of stock market indexes with technical analysis of key index levels. - [Review of the Indexes 7-28-2013](https://thestockbandit.com/indexes-7-28-2013/) - The major averages churned last week, giving nobody satisfaction. The relentless run higher was put on hold for all but the NAZ, yet no pullback was provided for bulls to allocate additional funds or for bears to cover shorts into. It was by all measures a standoff. As we head into a new week of - [Video Review of the Indexes 7-21-2013](https://thestockbandit.com/indexes-7-21-2013/) - The market reached new highs again last week, but the air seems to be getting a bit thin. We've also seen some similar-sized moves to the spring rallies, so if the market has a memory it may finally be time to consolidate. As we head into a new week of trading, it's time once again - [Video Review of the Indexes 7-14-2013](https://thestockbandit.com/indexes-7-14-2013/) - Weekly review of stock market indexes with technical analysis of key index levels. - [Video Review of the Indexes 6-30-2013](https://thestockbandit.com/indexes-6-30-2013/) - Weekly review of stock market indexes with technical analysis of key index levels. - [Review of the Indexes 6-23-2013](https://thestockbandit.com/indexes-6-23-2013/) - The lower high I discussed in the index review two weeks ago was confirmed last week as post-FOMC selling pressure left the indexes undercutting support zones in a swift decline. We've been cautious and biased to the short side lately inside the member area, and that has served us well. Now, we need to wait - [Video Review of the Indexes 6-16-2013](https://thestockbandit.com/indexes-6-16-2013/) - Weekly review of stock market indexes with technical analysis of key index levels. - [Review of the Indexes 6-9-2013](https://thestockbandit.com/indexes-6-9-2013/) - A big rally on Friday left the indexes each positive on the week after having continued their pullback off the recent highs. Thursday's reversal off the low found more buyers ahead of the weekend with a jobs report that didn't disappoint and another potential higher low on the daily charts. As we head into a - [Review of the Indexes 6-2-2013](https://thestockbandit.com/indexes-6-2-2013/) - Last week ended with some hard selling, particularly in the final half hour on Friday. That resulted in trading range breaks to the downside for both the S&P 500 and DJIA, while the RUT and NAZ were able to hold inside their respective ranges. Was it merely pre-weekend worry or a sign of more selling - [Review of the Indexes 5-27-2013](https://thestockbandit.com/indexes-5-27-2013/) - Weekly review of stock market indexes with technical analysis of key index levels. - [Review of the Indexes 5-19-2013](https://thestockbandit.com/indexes-5-19-2013/) - Weekly review of stock market indexes with technical analysis of key index levels. - [Review of the Indexes 5-12-2013](https://thestockbandit.com/indexes-5-12-2013/) - Weekly review of stock market indexes with technical analysis of key index levels. - [Video Review of the Indexes 5-5-2013](https://thestockbandit.com/indexes-5-5-2013/) - Stocks continued to ramp last week since turning up from the mid-April low, packing a serious punch to the bears after a Wednesday pullback with back-t0-back triple-digit gains on Thursday and Friday. As we head into a new week of trading, it's time once again to take a look at the indexes and the key - [Video Review of the Indexes 4-28-2013](https://thestockbandit.com/indexes-4-28-2013/) - Stocks rebounded sharply last week following the biggest pullback we've seen in quite a while, showing the bears that a downside shift of direction isn't going to be an easy task to produce. The bulls have been paid to buy every dip since November, and they aren't ready just yet to relinquish control of the - [Video Review of the Indexes 4-21-2013](https://thestockbandit.com/indexes-4-21-2013/) - Last week a slew of items hit the market, from gold panic to terror bombings to ricin-laced letters to Washington D.C. Needless to say, the market didn't like it. Yet we've been waiting for a decent pullback after seeing persistent strength, and now we've gotten one. What's next? As we head into a new week - [Video Review of the Indexes 4-14-2013](https://thestockbandit.com/indexes-4-14-2013/) - The highly-anticipated new high for the S&P 500 was finally made last week as the 1576 level from 2007 was cleared with ease on a powerful Wednesday rally. The DJIA achieved the same feat of an all-time high, while the NAZ created new multi-year highs of its own. The more speculative RUT, however, once again - [Video Review of the Indexes 4-7-2013](https://thestockbandit.com/indexes-4-7-2013/) - A long-awaited pullback arrived last week for the market, led by the RUT which I highlighed in depth here in last week's video. The speculative small-cap index had failed to achieve new highs with the others, and has since corrected. But what are the charts saying now? Is this dip buyable? As we head into - [Video Review of the Indexes 3-31-2013](https://thestockbandit.com/indexes-3-31-2013/) - Last week, traders had just 4 days to get it done, and by the end of the week we had minor breakouts to new highs in all 3 of the major averages. The one curious piece of the puzzle is the index that has led the way higher since November isn't joining the others - - [Video Review of the Indexes 3-24-2013](https://thestockbandit.com/indexes-3-24-2013/) - Stocks churned last week just beneath their highs as the day-to-day Cyprus news continued to dominate the mood. This weekend brings another deadline which traders will anxiously be watching, and that could set the tone in the early going this week. As we head into a new week of trading, it's time once again to - [Video Review of the Indexes 3-17-2013](https://thestockbandit.com/indexes-3-17-2013/) - Main Street continues to be impressed by Wall Street and last week's milestone for the Dow (10 straight advances into Thursday) was one not seen in many years. But does the bull still have some pep in his step? Let's talk it over! As we head into a new week of trading, it's time once - [Video Review of the Indexes 3-10-2013](https://thestockbandit.com/indexes-3-10-2013/) - The indexes all reached new milestones last week as the NAZ and S&P 500 made new multi-year highs while the DJIA and RUT each reached new all-time highs. The bulls are still running, and there's not yet a reason to expect that to change. As we head into a new week of trading, it's time - [Video Review of the Indexes 3-3-2013](https://thestockbandit.com/indexes-3-3-2013/) - Last week the indexes churned quite a bit with a Bernanke testimony, sequestration and the start of a new month all unable to drive prices convincingly in either direction. Ultimately, we finished mixed. As we head into a new week of trading, it's time once again to take a look at the indexes and the - [Video Review of the Indexes 2-24-2013](https://thestockbandit.com/indexes-2-24-2013/) - Last week we finally saw some selling kick in, and it was enough to shake things up a bit in the short term. Will it mark a lasting turning point, or is it merely another buying opportunity? Let's talk it over and see what the charts have to say. As we head into a new - [Video Review of the Indexes 12-9-2012](https://thestockbandit.com/indexes-12-9-2012/) - The market paused last week, delivering mixed results depending upon which index you're looking at. In general though, not much happened. But is that a good thing? I'll address that and more in the video. As we head into a brand new week of trading, it's time once again to take a look at the - [Video Review of the Indexes 12-23-2012](https://thestockbandit.com/indexes-12-23-2012/) - The major averages each posted gains last week, but it wasn't a smooth ride. We saw support levels tested successfully in the previous week, and a nice lift from Monday into Wednesday morning as a result. From there, stocks worked lower thanks largely to a hefty downside gap Friday morning on the heels of fiscal - [Video Review of the Indexes 1-6-2013](https://thestockbandit.com/indexes-1-6-2013/) - The New Year is off to an impressive start for the bulls, as the final day of 2012 saw a big reversal off key levels (highlighted here many times lately) followed by big strength to kick off January. But will it be a straight-up ride going forward? Doubtful! As we head into a new week - [Video Review of the Indexes 1-13-2013](https://thestockbandit.com/indexes-1-13-2013/) - The bulls were able to add to the New Year strength last week, but the excitement clearly had dwindled and it showed in the net changes. Some much-needed digestion was seen, which sets the stage for a showdown in the coming days as the S&P 500 faces its 52-week high. As we head into a - [Video Review of the Indexes 1-21-2013](https://thestockbandit.com/indexes-1-21-2013/) - The S&P 500 joined the RUT by making new 52-week highs last week, but the NAZ and DJIA remain shy of theirs. The big question on the minds of traders is whether the tech-heavy index will weigh on the others or instead start to play catch-up. As we head into a new week of trading, - [Video Review of the Indexes 1-27-2013](https://thestockbandit.com/indexes-1-27-2013/) - Stocks continued higher last week with only 4 sessions to work with, and the bulls made use of every one of them in the S&P 500 with advances from start to finish. Some of the indexes are beginning to look a bit stretched though, which isn't something to ignore. As we head into a new - [Video Review of the Indexes 2-3-2013](https://thestockbandit.com/indexes-2-3-2013/) - New all-time highs were established last week for the RUT after a small rest, while the DJIA reclaimed 14000 and the S&P painted a new multi-year high. Clearly, the bulls are running and refusing to stop. That's keeping the bears pressed and leaving underinvested market participants feeling frustrated, but can it continue? As we head - [Video Review of the Indexes 2-10-2013](https://thestockbandit.com/indexes-2-10-2013/) - Last week brought with it new highs, but they were incremental and came on light volume. Traders want to know...is that a warning sign or just the start of more good things for the bulls? Let's talk about it! As we head into a new week of trading, it's time once again to take a - [Video Review of the Indexes 2-18-2013](https://thestockbandit.com/indexes-2-18-2013/) - The major averages put in some quiet rest last week with the NAZ shedding a single point while the S&P gained two. Clearly, the week lacked excitement. This week, we have just 4 sessions to make it count. The last time that took place was in late-January when MLK day was observed, and the abbreviated - [Pre-Election Jitters](https://thestockbandit.com/pre-election-jitters-11-02-2012/) - On Thursday, the S&P 500 posted its best session since September 13th, gaining 1.09%. It helped to mark a potential turning point, at least in the short term, for the troubled index, just two sessions removed from its correction low last Friday. Bulls slept better last night. This morning, we had an initially positive response - [Video Review of the Indexes 11-4-2012](https://thestockbandit.com/indexes-11-4-2012/) - Here's a rundown of the major averages as they currently stand, along with the key levels they're dealing with as we head into Election Week. This is where every new trading week begins, knowing the impact the indexes will have on how individual names move. Run time is 6:56. Direct video link is here. Trade - [Home on the (short-term) Range](https://thestockbandit.com/rut-11-5-2012/) - Election Day is finally upon us, and hopes are high among Democrats and Republicans alike - not that their candidate will win, but that we'll see some better market momentum surface once the votes have been counted! For the past couple of weeks, the indexes have worked their way to new correction lows, only to - [Video Review of the Indexes 11-11-2012](https://thestockbandit.com/indexes-11-11-2012/) - Stocks got punished last week post-election, taking the indexes to new correction lows. Here's a closer look at where the major averages stand now, along with the key levels they're dealing with as we head into Election Week. This is where every new trading week begins, knowing the impact the indexes will have on how - [Video Review of the Indexes 11-25-2012](https://thestockbandit.com/indexes-11-25-2012/) - The steep pullback finally found some buyers (and/or short-covering) and the upside turnaround delivered a big Thanksgiving rally. But the move is V-shaped and it came on light volume, so what now? Here's a closer look at where the major averages stand now, along with the key levels they're dealing with as we head into - [Video Review of the Indexes 12-2-2012](https://thestockbandit.com/indexes-12-2-2012/) - The rally from the November lows continued last week with new recovery highs being set in every major index. Friday delivered some downside, but even then the selling was muted as buyers stepped in mid-day to provide support with bids just as they did earlier in the week. Bears have seen their confidence erode and - [No Joke - Blueprint 4-1-2014](https://thestockbandit.com/blueprint-4-1-2014/) - Good evening StockBandits! The bears found it no joke today that the S&P made new all-time highs. The surge higher right off the open added to an already positive start and took the S&P 500 past its 1883 resistance zone. Meanwhile, the DJIA pushed north of the lower high it had established in March at - [Near the Start Line - Blueprint 3-31-2014](https://thestockbandit.com/blueprint-3-31-2014/) - Good evening StockBandits! The first quarter came to a close today, and it was an appropriate ending with one last cross of the flat line for a couple of the indexes. A strong open today sent stocks gapping higher to set the early tone. Although the RUT put together a trend day with a steady - [Hit List 7-21-2011](https://thestockbandit.com/hit-list-7-21-2011/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. MPEL Target 1 Hit (1/2 profit taken), all stops tightened Open Position Notes: MPEL continued higher today to push - [Swing Updates 1-24-2013](https://thestockbandit.com/swing-updates-1-24-2013/) - Good morning StockBandits! I was reviewing my swing trades and wanted to give you guys a quick update as to their progress. There have been a number of them, and so far, so good. Over the past 11 days, several have reached their targets, others are showing open gains but haven't met their thresholds yet - [Aggressive Swing Trade Management in Volatile Stocks](https://thestockbandit.com/aggressive-2-26-2014/) - It's part of my trading style to like more mature patterns for swing trades. Generally, smaller patterns/bases produce moves of shorter duration that larger patterns/bases, which can produce longer-lasting moves. For this reason, I will take smaller or less-tight patterns for single-day plays and the more mature or tighter patterns for swings. I'm conservative either - [Faking It - Blueprint 3-30-2014](https://thestockbandit.com/blueprint-3-30-2014/) - Good evening StockBandits! Three of the four main indexes I monitor each day lost ground last week, with the DJIA being the only exception. - [Shallow - Blueprint 3-10-2014](https://thestockbandit.com/blueprint-3-10-2014/) - Good evening StockBandits! The indexes had a shot at rolling over today, but shook off some early selling and rallied back to finish only fractionally lower on the day. The pullbacks of the past few days have been very shallow, which truly just equates to a rest. Following the recent ramp from the February low, - [Timid Tuesday - Blueprint 3-11-2014](https://thestockbandit.com/blueprint-3-11-2014/) - Good evening StockBandits! This morning we got what looked just like Monday's action with an early dip and a V-shaped bounce. While Monday's rebound held, today's did not and was instead met by persistent weakness for the remainder of the session. By the closing bell, each of the averages were near their lows of the - [Completion - Blueprint 3-12-2014](https://thestockbandit.com/blueprint-3-12-2014/) - Good evening StockBandits! The shallow pullback of the past few sessions threatened to intensify this morning as a soft open was met with more selling in the opening hour. Another V-shaped intraday bounce arrived, sparking an upside reversal for the NAZ, RUT and S&P 500. In each of these cases, today's turnaround to the upside - [Charts on Demand 3-13-2014](https://thestockbandit.com/cod-3-13-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Spring Exams - Blueprint 3-14-2014](https://thestockbandit.com/blueprint-3-14-2014/) - Good evening StockBandits! The market peaked a week ago for the recovery rally off the February low. Early in the week, we saw some quiet profit-taking for a few days, but it was nothing out of the ordinary. The averages seemed to be behaving with no real acceleration to the downside or negative change of - [What Fed - Blueprint 3-18-2014](https://thestockbandit.com/blueprint-3-18-2014/) - Good evening StockBandits! The bulls continued to assert themselves today, taking advantage of yesterday's lift with upside follow through in today's session. We saw a modestly positive open this morning, which quickly evolved into a trend day. They showed no concern for tomorrow's FOMC event, apparently waiving it off as a non-event. We'll see whether - [Resistance Respected - Blueprint 3-19-2014](https://thestockbandit.com/blueprint-3-19-2014/) - Good evening StockBandits! The scheduled main event of the day (FOMC) actually proved to be the main event of the day as stocks flatlined ahead of the 2pm announcement and subsequent press conference. The policy statement's minor changes and the light-volume bounce of the last couple of days paired together to provide reason for some - [Charts on Demand 3-20-2014](https://thestockbandit.com/cod-3-20-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Caught - Blueprint 3-23-2014](https://thestockbandit.com/blueprint-3-23-2014/) - Good evening StockBandits! At the end of last week, we saw the averages with yet another opportunity to push higher after having rallied within their respective ranges. The S&P 500 even tagged the all-time high set earlier this month at 1883 , only to get rejected once again at that level and retreat to stay - [Spring Breakage - Blueprint 3-24-2014](https://thestockbandit.com/blueprint-3-24-2014/) - Good evening StockBandits! Friday's weak finish left the bulls with a little bit of concern over the weekend, but with the trading ranges still intact, there wasn't reason for alarm. This morning, we saw identical price action to Friday's open with a small gap higher and an immediate downside reversal. The only difference was that - [Like a Turtle in Mud - Blueprint 3-25-2014](https://thestockbandit.com/blueprint-3-25-2014/) - Good evening StockBandits! The major averages lifted a little today, although the NAZ and RUT each stayed beneath the support zones they broke yesterday. The morning was much like the previous couple of sessions where we saw early strength get met with steady selling. That decline took all the indexes into the red with the - [Replay - Blueprint 3-26-2014](https://thestockbandit.com/blueprint-3-26-2014/) - Good evening StockBandits! The market's in a habit lately, and today it gave us a virtual replay of the previous three sessions. Once again, we saw a strong start to the day which was quickly followed by selling, much like Friday's, Monday's, and Tuesday's sessions. Although it has quickly become the new routine, it is - [All About AAPL - Blueprint 1-14-2013](https://thestockbandit.com/blueprint-1-14-2013/) - Good evening StockBandits! First, some housekeeping.... The changes I've been mentioning of late are now in place, so please take the time to review the video outlining each of them. It's about 8 minutes long, and it's a must-watch clip to help you better understand the improvements being implemented today. An emailed version of the - [RUT Makes Highs - Blueprint 1-15-2013](https://thestockbandit.com/blueprint-1-15-2013/) - Good evening StockBandits! Small caps continued to lead today by nudging past the 883 short-term highs after testing the downside briefly this morning. To see the bulls again step in on even minor weakness in the more speculative names points to a healthy appetite for risk. Meanwhile, the S&P 500 edged higher again without breaking - [Hesitation - Blueprint 1-16-2013](https://thestockbandit.com/blueprint-1-16-2013/) - Good evening StockBandits! AAPL bounced to lift the NAZ slightly today, but aside from that there wasn't a whole lot else going on. There was a gradual lift intraday which diminished the effects of a soft open, although momentum was absent as the bulls again toed the line of 1474 for the S&P. It's as - [Bulls Need Follow Through - Blueprint 1-21-2013](https://thestockbandit.com/blueprint-1-21-2013/) - Good evening StockBandits! The market was able to post another advance last week as blue chips broke out to a new multi-year high in the S&P 500 and small-caps continued to reach new all-time highs. The DJIA worked its way right up to the 52-week high, giving it a shot to achieve a breakout this - [Weakness Defended - Blueprint 1-22-2013](https://thestockbandit.com/blueprint-1-22-2013/) - Good evening StockBandits! Following the 3-day weekend, stocks opened the holiday-shortened week somewhat flat in search of direction. During the opening hour, they came under some pressure with each of the indexes moving into the red with some selling prompting a retreat from the morning highs. It didn't last long though, and by noon the - [Choppy & Mixed - Blueprint 1-23-2013](https://thestockbandit.com/blueprint-1-23-2013/) - Good evening StockBandits! The upbeat news from GOOG last night delivered the nudge the NAZ needed today to push it past 3144, but it sure didn't catch fire. The tech-heavy NAZ stayed within a very tight intraday range of just 12 points in today's session, making for a very indecisive tape. It stayed positive though, - [Stretching Higher - Blueprint 1-27-2013](https://thestockbandit.com/blueprint-1-27-2013/) - Good evening StockBandits! The blue chips added to their recent breakouts in a holiday-shortened trading week as the bulls went 4-for-4 in the DJIA and S&P 500. The RUT and NAZ each went 3-for-4, which wasn't at all bad with the RUT ending at new all-time highs while the NAZ rebounded from a real hammering - [Every Bit Counts - Blueprint 1-28-2013](https://thestockbandit.com/blueprint-1-28-2013/) - Good evening StockBandits! Another day, another avoidance of downside for the bulls. To them right now, every bit of upside counts. They want to press their edge, which gives them as much breathing room as possible for a pullback to potentially hold above the breakout zones they just recently cleared. It's true they've proven themselves - [Routine - Blueprint 1-29-2013](https://thestockbandit.com/blueprint-1-29-2013/) - Good evening StockBandits! Morning skittishness was once again overcome by afternoon enthusiasm as the NAZ climbed back from the red to finish flat and the S&P, RUT and DJIA each posted gains. This is becoming a bit of a predictable routine of late as mild profit-taking never really takes hold and the buyers step in - [Pause in Effect - Blueprint 1-30-2013](https://thestockbandit.com/blueprint-1-30-2013/) - Good evening StockBandits! Stocks pulled back a bit today with the high of the session being set early in the day. That's a complete shift from the norm of late where we've seen early weakness and afternoon strength, as I noted last night. Perhaps dubbing it a "routine" did the trick, but either way we - [Green Paint - Blueprint 2-3-2013](https://thestockbandit.com/blueprint-2-3-2013/) - Good evening StockBandits! With another FOMC meeting, earnings reports and a jobs number to contend with last week, the indexes navigated it all smoothly and pushed onward and upward to end the week at new recovery highs. That included more all-time highs for the RUT, and 52-week highs for the S&P 500 and DJIA (now - [Opportunity Knocking - Blueprint 2-4-2013](https://thestockbandit.com/blueprint-2-4-2013/) - Good evening StockBandits! The market put up its worst day of a young 2013 with each of the averages shedding roughly 1% today. Making the day appear even worse, stocks went out at their lows of the day after trending down throughout the session with buyers nowhere in sight. It's almost as if the bulls - [What Pullback? - Blueprint 2-5-2013](https://thestockbandit.com/blueprint-2-5-2013/) - Good evening StockBandits! What pullback?! Monday's trend day to the downside was essentially erased with aggressive buying today. True to form, the bulls quickly stepped in to defend their territory (and recent progress) today as the open marked the low of the session and stocks reversed right back up to finish right near Friday's closing - [Sideways - Blueprint 2-6-2013](https://thestockbandit.com/blueprint-2-6-2013/) - Good evening StockBandits! Red, green, red, green...the market has become a bit indecisive here, ultimately resulting in lateral price action in the past few sessions. While we saw sharp rallies on both Friday and Tuesday following declines, the fact is that neither has produced any follow through. We're sitting right near recovery highs and suddenly - [On the Nose - Blueprint 2-10-2013](https://thestockbandit.com/blueprint-2-10-2013/) - Good evening StockBandits! The averages took a hit to kick off last week, but true to form, the bulls stepped up before it was all said and done. Short-term trading ranges near the highs were held until Friday when a gap up and an early burst of buying took each of the averages to new - [Inside Day - Blueprint 2-11-2013](https://thestockbandit.com/blueprint-2-11-2013/) - Good evening StockBandits! The indexes painted an inside day today on the daily chart, unable to make any additional progress on the heels of Friday's push to incremental new highs. The bulls, for whatever reason, simply aren't pressing their short-term edge here and are instead allowing stocks to churn and coil near their recovery highs. - [Technicality - Blueprint 2-13-2013](https://thestockbandit.com/blueprint-2-13-2013/) - Good evening StockBandits! The NAZ finally broke out through 3196 today, but in all honesty it was more of a technicality than a true breakout. Highly-anticipated breakouts like the one we've been waiting to see in the NAZ aren't often yawned at when they finally occur, but essentially that's what happened today. The tech index - [Quiet Momentum - Blueprint 2-18-2013](https://thestockbandit.com/blueprint-2-18-2013/) - Good evening StockBandits! The major averages spent last week doing very little and the net changes reflected it. The S&P gained 2 points, the NAZ lost 1, and the DJIA lost 11. Meanwhile, the small-cap superstar RUT index tacked on another 1% to again post new all-time highs. That index is typically more lively than - [Domination - Blueprint 2-19-2013](https://thestockbandit.com/blueprint-2-19-2013/) - Good evening StockBandits! In the sports world, true domination takes place when one team simply can't seem to beat the other. It's not necessarily about a blowout win, because quite honestly anyone can have an off night and often times after that happens the favor is returned as the big winner lets up and the - [Cash Gets Raised - Blueprint 2-20-2013](https://thestockbandit.com/blueprint-2-20-2013/) - Good evening StockBandits! The market pulled back today without an attempt to rally at all as early weakness only accelerated the selling on news that the Fed may consider altering its QE program. It was a change of pace to see cash get raised in what has been a very steady climb. I'm not yet - [Shake Up - Blueprint 2-24-2013](https://thestockbandit.com/blueprint-2-24-2013/) - Good evening StockBandits! The previous 4-day trading week we had in January offered plenty of movement, and last week's holiday-shortened week was no different. What was different, however, was the fact that we finally saw more than a day's worth of good profit-taking. The indexes set their highs early in the week and then turned - [Kiss Goodbye - Blueprint 2-25-2013](https://thestockbandit.com/blueprint-2-25-2013/) - Good evening StockBandits! Last night I highlighted uptrend lines which were broken last week. I mentioned that pretty early this week we were likely to see whether Friday's light-volume bounce was going to result in a kiss goodbye of the those trendlines from below before additional selling, or whether they'd be reclaimed. This morning we - [Unimpressive - Blueprint 2-26-2013](https://thestockbandit.com/blueprint-2-26-2013/) - Good evening StockBandits! The market stopped the bleeding today after an early bounce attempt was met with selling to take 3 of the big 4 indexes to new pullback lows. From there, a modest early afternoon lift left the indexes in the green for the remainder of the session. Despite the buyers finding their footing - [The Test - Blueprint 2-27-2013](https://thestockbandit.com/blueprint-2-27-2013/) - Good evening StockBandits! The market seems particularly adept at climbing the proverbial "wall of worry" and that's exactly what it's been doing ahead of Friday's sequester. Tuesday's upside reversal certainly wasn't convincing given the low volume that accompanied it, although today we did see some follow through - including new 52-week highs for the DJIA - [Restless - Blueprint 3-3-2013](https://thestockbandit.com/blueprint-3-3-2013/) - Good evening StockBandits! Following the break of uptrend lines the previous week, stocks churned last week as traders mulled over whether or not to commit more capital or raise cash. Scheduled news included testimony from Bernanke and the much-anticipated sequestration, yet neither were able to produce lasting momentum in stocks. Beginning of the month bullishness - [Sneaky - Blueprint 3-4-2013](https://thestockbandit.com/blueprint-3-4-2013/) - Good evening StockBandits! The indexes kicked off the new week by spending much of the day underwater, but only slightly. Big momentum was never found in either direction, and the day was choppy to say the least with rolling price action which kept gradually expanding the trading range on the day. The bulls had the - [All-Time Highs - Blueprint 3-5-2013](https://thestockbandit.com/blueprint-3-5-2013/) - Good evening StockBandits! The DJIA finally quit tiptoeing around the topic of making new all-time highs today and went ahead and did it. After several weeks of speculation that the 14198 level from October 2007 would be cleared, it became a reality today with a solid advance of 126 points. Perhaps most fitting about the - [Happy Easter - Blueprint 3-31-2013](https://thestockbandit.com/blueprint-3-31-2013/) - Happy Easter StockBandits! The major indexes were able to post new 52-week highs by the end of last week, despite some choppy price action for much of the 4-day week. Thursday's breakouts were incremental, placing great importance on follow through going forward to avoid an immediate failure. There's not a lot of room to pull - [Backtracking the Breakout - Blueprint 4-1-2013](https://thestockbandit.com/blueprint-4-1-2013/) - Good evening StockBandits! Last week's breakouts to end Q1 came ahead of a 3-day weekend and were only incremental, placing great importance on the bulls' ability to produce follow through this week to validate those breakouts. Adding to the curious push through to new highs was the fact that the RUT had not participated despite - [A Tale of Two Tapes - Blueprint 4-2-2013](https://thestockbandit.com/blueprint-4-2-2013/) - Good evening StockBandits! The relative weakness seen last week in the RUT as the other indexes broke out was highlighted here over the weekend and discussed again last night. Today we saw the senior indexes (DJIA and S&P 500) each able to reclaim their breakouts, while the NAZ proved unable to do so. Furthermore, the - [A Tipping Point - Blueprint 4-3-2013](https://thestockbandit.com/blueprint-4-3-2013/) - Good evening StockBandits! The RUT provided some meaningful clues last week with its refusal to break out, despite the other indexes putting up new highs. The more speculative of the bunch, it instead remained range-bound and then this week has exhibited considerable relative weakness. Last night I noted it could see a quick retreat to - [The Test - Blueprint 4-7-2013](https://thestockbandit.com/blueprint-4-7-2013/) - Good evening StockBandits! The tone shifted last week a bit as we saw each of the major averages give up some ground. The previous week, I was discussing the standout fact that the RUT was not reaching new highs like the other averages, despite leading the way throughout the current rally. Last week we saw - [Fashionably Late - Blueprint 4-8-2013](https://thestockbandit.com/blueprint-4-8-2013/) - Good evening StockBandits! The Friday morning dip has been erased to this point by almost all of the major averages. Not only did the downside gap offer bears their first real nice opportunity to cover shorts in quite some time, but it also enticed dip-buyers to come off the sidelines with more cash. Today we - [Bookend Selling - Blueprint 4-9-2013](https://thestockbandit.com/blueprint-4-9-2013/) - Good evening StockBandits! Today the indexes continued their respective rebounds from the opening lows of last Friday as the DJIA and S&P 500 each pushed into new-high territory following a dip right off the opening bell. A late-day round of selling erased some of the gains, however, leaving both of those averages beneath their respective - [Sellers Still Unsuccessful - Blueprint 3-12-2013](https://thestockbandit.com/blueprint-3-12-2013/) - Good evening StockBandits! It was another ho-hum day for the bulls today as another dip got bought. A minor downside gap to start the day was met with a feeble initial bounce attempt, followed by more selling and a move below Monday's intraday low. For a little while, it looked as though the market might - [Cloud Nine - Blueprint 3-13-2013](https://thestockbandit.com/blueprint-3-13-2013/) - Good evening StockBandits! The DJIA continued to grab headlines today as it put up its 9th straight advance for its longest win streak in over 195 months! That's impressive, no question about it. However, the pace has slowed noticeably in the past few days to raise questions as to whether this is simply a pause - [Blueprint 3-17-2013](https://thestockbandit.com/blueprint-3-17-2013/) - Good evening StockBandits! The upside pace slowed last week, but the major averages were still each able to post gains. Along the way, the RUT and DJIA each completed win streaks of 10 straight sessions while the S&P got to within 1% of its all-time high. Clearly, stocks are still in style for now. Despite - [A Gift - Blueprint 3-18-2013](https://thestockbandit.com/blueprint-3-18-2013/) - Good evening StockBandits! The indexes gapped lower as expected to begin today's session on weekend Cyprus bailout news. Europe never went away, but concerns were renewed over the weekend and media outlets did their job to sensationalize the importance of it. That created sell order imbalances, hence the opening gap. The lows of the session - [Stubborn - Blueprint 3-19-2013](https://thestockbandit.com/blueprint-3-19-2013/) - Good evening StockBandits! The title of this post is a bit misleading if I don't clarify. I'm not rooting for a deep market correction, I'm simply noting that market participants are buying even minor weakness in a stubborn sort of way - as if they're worried they may not get a chance to later (at - [When in Doubt - Blueprint 3-20-2013](https://thestockbandit.com/blueprint-3-20-2013/) - Good evening StockBandits! The FOMC was the main event of the week and today it came and went without much substance to go with the excitement. The indexes were already positive ahead of the 2pm ET announcement, and lifted quietly afterward, but it wasn't a momentum-based move and had much more of a drifty feel - [Pressure Building - Blueprint 3-24-2013](https://thestockbandit.com/blueprint-3-24-2013/) - Good evening StockBandits! The market essentially churned last week with a mixture of advances and declines as traders dealt with concerns over Europe/Cyprus along with the enthusiasm that comes with a market sitting at multi-year (or in some cases all-time) highs. Ultimately, every one of the indexes finished with single-digit net changes from the previous - [Rejected - Blueprint 3-25-2013](https://thestockbandit.com/blueprint-3-25-2013/) - Good evening StockBandits! Pre-weekend hype centered around a Cyprus bailout ahead of the deadline, and on Sunday evening here in the U.S. we saw the futures express relief that a deal had been reached. And even though the upside was contained, the market was able to hold onto the majority of the overnight gains by - [Another Chance - Blueprint 3-26-2013](https://thestockbandit.com/blueprint-3-26-2013/) - Good evening StockBandits! The S&P 500 finished with a different color bar than the previous session for the 5th straight session today, jumping back with a solid gain after a decline Monday to challenge the high. This fickle price action is keeping the short-term trading ranges intact and further validating the boundaries of them with - [The Streak Continues - Blueprint 3-27-2013](https://thestockbandit.com/blueprint-3-27-2013/) - Good evening StockBandits! The S&P 500 is on a new streak - not the kind of consecutive advances or declines, but a streak of consecutive days with closes on different sides of flat from the previous session. Today marked the 6th straight session where the S&P reversed direction from the previous session, highlighting the lack - [Weary - Blueprint 3-6-2013](https://thestockbandit.com/blueprint-3-6-2013/) - Good evening StockBandits! The highs of the day were set in the opening half hour for each of the indexes today, and from there stocks simply churned. Traders seemed to be waiting for a new catalyst now that new all-time highs have been set for the DJIA, but nothing ever surfaced to prompt lasting momentum - [Breakout - Blueprint 3-10-2013](https://thestockbandit.com/blueprint-3-10-2013/) - Good evening StockBandits! The highly-anticipated jobs report on Friday delivered some fireworks with a huge spike higher in the futures an hour ahead of the opening bell, but the knee-jerk reaction was the high of the day for the futures. Stocks opened higher, but the big 3 indexes each painted their highs in the opening - [Green Ink Galore - Blueprint 3-11-2013](https://thestockbandit.com/blueprint-3-11-2013/) - Good evening StockBandits! It has been said that the most bullish thing the market can do is go up, and that's what we've been seeing a lot of lately. Despite concerns that we might become short-term stretched, the bulls continue to put cash to work on every little dip in price. Today we saw a - [A New Era - Blueprint 4-23-2013](https://thestockbandit.com/blueprint-4-23-2013/) - Good evening StockBandits! Today stocks continued the relief rally which began Friday with 1% gains across the board. The session was marked by a gap higher this morning, some continued upside drift, and then mostly some churn for the remainder of the day. I say 'mostly' because at mid-day things got shaken up quite a - [Fatigue - Blueprint 4-24-2013](https://thestockbandit.com/blueprint-4-24-2013/) - Good evening StockBandits! Today we saw the market lose some steam as the relief rally slowed considerably, pointing perhaps to some short-term fatigue - and understandably so. The rally which began off the lows of last Thursday carried the NAZ and RUT each nearly 4%, which is a lot of ground to cover in such - [Cause for Caution - Blueprint 4-28-2013](https://thestockbandit.com/blueprint-4-28-2013/) - Good evening StockBandits! The indexes rallied back last week after the prior week's selloff. Strength was present all the way into Friday's session when stocks finally cooled off a bit, taking each of the indexes back toward their recent highs. However, the big story was the fact that none of them were able to achieve - [Crunch Time - Blueprint 4-29-2013](https://thestockbandit.com/blueprint-4-29-2013/) - Good evening StockBandits! Strength colored the day green across the board today as stocks lifted right out of the gate and then held onto their early gains. Most of the upside happened in the first half of the session, then things cooled off a bit into the afternoon. The DJIA tacked on triple-digit gains, the - [Pushing the Envelope - Blueprint 4-30-2013](https://thestockbandit.com/blueprint-4-30-2013/) - Good evening StockBandits! The market edged higher again today, and although the gains were rather tame, each of them closed at their highs of the session. The NAZ continued to challenge the upper (rising) trend line of the megaphone pattern highlighted here last night, while the other indexes remained beneath their recent highs. Once again, - [No Irony - Blueprint 5-1-2013](https://thestockbandit.com/blueprint-5-1-2013/) - Good evening StockBandits! Stocks turned lower today led by small caps - the same group which has consistently underperformed since the week of Easter. The FOMC proved to be a non-event, and feeling uninspired, the bulls raised cash. Having reached the top end of the trading range this week, it's not ironic to see the - [Bears Get Blitzed - Blueprint 5-5-2013](https://thestockbandit.com/blueprint-5-5-2013/) - Good evening StockBandits! Just when it looked like the trading ranges would persist yet again, Friday's jobs report produced a massive gap higher to create breakouts in every index, shattering the hopes of bears who were looking for a retreat from resistance. Even the RUT (which had lagged since Easter week and since then had - [Thin Air - Blueprint 5-6-2013](https://thestockbandit.com/blueprint-5-6-2013/) - Good evening StockBandits! Tonight's report is coming out later than usual as I went to a charity function this evening which has put be considerably behind schedule. In order to keep it brief since you're receiving this late, I'll hit the highlights via text and try to get right to the charts as quickly as - [One Way Wall Street - Blueprint - 5-7-2013](https://thestockbandit.com/blueprint-5-7-2013/) - Good evening StockBandits! The indexes all reached new highs today, keeping the Tuesday effect intact (hat tip to Bandit member JB for the link). That link contains some pretty interesting graphics of the strength we've seen on Tuesdays since the November low, and it's pretty impressive. At any rate, the bulls claimed another session as - [Buoyant - Blueprint 5-8-2013](https://thestockbandit.com/blueprint-5-8-201/) - Good evening StockBandits! Following a shaky start this morning, stocks reversed from their lows 10 minutes into the session and rallied without hesitation into mid-day. From there, the action leveled off for a while. In the final 2 hours though, another round of profit-taking kicked in to back the market down well off its highs, - [No Relent - Blueprint 5-12-2013](https://thestockbandit.com/blueprint-5-12-2013/) - Good evening StockBandits! The indexes all reached new highs again last week, ignoring the notion that a pullback is due. Despite being stretched to the upside since their lows of April 18th, they nonetheless gained ground to the tune of 1-2% across the board. The bears can't get any traction, and underinvested bulls can't get - [Eerily Quiet - Blueprint 5-13-2013](https://thestockbandit.com/blueprint-5-13-2013/) - Good evening StockBandits! The indexes paused today, unable to build on the upside momentum of the past 3 weeks. Instead, each of them finished near Friday's closing levels with volume diminishing as well. We also saw narrow-range bars on the daily charts, which goes to show there wasn't much of a battle taking place. It - [No Brakes - Blueprint 5-15-2013](https://thestockbandit.com/blueprint-5-15-2013/) - Good evening StockBandits! The market continues to coast higher with no brakes as it reaches uncharted territory almost daily. The widely-discussed Tuesday effect held true yet again this week with each of the averages climbing but perhaps most importantly the S&P as it left a very small multi-day base. Often times we see high expectations - [Blue Sky - Blueprint 4-10-2013](https://thestockbandit.com/blueprint-4-10-2013/) - Good evening StockBandits! The ramp off last Friday's low continued today as stocks got bid up aggressively. The push delivered new blue-sky breakouts for both the DJIA and the S&P 500 with each of them reaching new all-time highs. The S&P had in recent days flirted with 1576, the all-time high from 2007, and today - [Who's Getting Trapped - Blueprint 4-14-2013](https://thestockbandit.com/blueprint-4-14-2013/) - Good evening StockBandits! Following weeks of flirtation with all-time highs, the S&P 500 finally cleared the 1576 high from 2007 last week on Wednesday. The DJIA continued its run toward 15k, while the NAZ left its high-level trading range for the second time in three weeks. The index which failed to clear highs (or even - [Golden Opportunity for Bears - Blueprint 4-15-2013](https://thestockbandit.com/blueprint-4-15-2013/) - Good evening StockBandits! The headliner move of the day was that of gold as the /YG futures gave up more than 10% today on the heels of Friday's breakdown (displayed here over the weekend via GLD, the gold ETF). Stocks suffered as well as early weakness prompted by weak Chinese econ. data eventually led to - [Snapback - Blueprint 4-16-2013](https://thestockbandit.com/blueprint-4-16-2013/) - Good evening StockBandits! The market stopped the bleeding today on the heels of a nasty selloff on Monday. The all-day decline to kick off the week saw only a tiny bounce into the bell and no safe place to hide, leaving traders wondering whether that's the end of the bull run we've seen since November. - [What Bounce - Blueprint 4-17-2013](https://thestockbandit.com/blueprint-4-17-2013/) - Good evening StockBandits! The rebound we saw Tuesday came with questionable volume, only a partial recovery of Monday's losses, and painted inside bars on the daily charts - all of which last night I outlined here as faults which shouldn't be ignored. I also mentioned the likelihood of a topping market being based on failed - [Damage - Blueprint 4-21-2013](https://thestockbandit.com/blueprint-4-21-2013/) - Good evening StockBandits! Last week can best be described as damaging. We saw a nasty breakdown in gold and the deepest market pullback since the lows were established back in mid November. Beyond that, we had the Boston marathon bombing, the Texas fertilizer plant explosion, ricin-laced letters arriving in D.C. and other suspicious packages popping - [More Recoil - Blueprint 4-22-2013](https://thestockbandit.com/blueprint-4-22-2013/) - Good evening StockBandits! Today the new week kicked off with modest gains across the board as the indexes attempted to build on Friday's advance. Early strength was quickly sold to take the indexes negative until mid-morning when they reversed higher and advanced steadily for the remainder of the day. We saw each of them finish - [2 Weeks - Blueprint 6-2-2013](https://thestockbandit.com/blueprint-6-2-2013/) - Good evening StockBandits! A fast Friday afternoon selloff ahead of the weekend left the market at its session lows by the closing bell, and delivered a downside resolution to the trading ranges we've been monitoring on both the S&P 500 and the DJIA. The NAZ saw a new multi-week closing low, although it held inside - [Snapper - Blueprint 6-3-2013](https://thestockbandit.com/blueprint-6-3-2013/) - Good evening StockBandits! A choppy session with numerous crosses of the flat line (with the exception of the DJIA) finally found a bid in the afternoon to take each of the indexes green by the closing bell for a snapback rally. The Dow had been up all session and ended with a triple-digit gain, while - [Ruby Tuesday - Blueprint 6-4-2013](https://thestockbandit.com/blueprint-6-4-2013/) - Good evening StockBandits! The 20-Tuesday streak of wins for the DJIA was broken today, surprising some who thought the senior index might never go red again on the second day of the week. Across the board, we saw .5% declines or worse, although that was after a decent late-day bounce off the session lows. A - [Retreat Mode - Blueprint 6-5-2013](https://thestockbandit.com/blueprint-6-5-2013/) - Good evening StockBandits! After alternating advances and declines for the past six sessions, today we saw some follow through on the downside as the major averages gave up more than 1% each. Stocks opened underwater, attempted to bounce slightly, then rolled over for a steady intraday downtrend into early afternoon. A 90-minute bounce was ultimately - [Boing - Blueprint 6-9-2013](https://thestockbandit.com/blueprint-6-9-2013/) - Good evening StockBandits! Last week we saw a bit of a trampoline effect as the indexes each continued lower from the previous two-week declines to mark new pullback lows off the May highs. Thursday morning provided the ideal scenario for bulls, however, as the indexes came into key levels. With the "mat" a bit short-term - [A Case of the Mondays - Blueprint 6-10-2013](https://thestockbandit.com/blueprint-6-10-2013/) - Good evening StockBandits! The bounce from key levels which began last Thursday morning carried over into this morning, then quickly stalled out. Stocks began the new week on a slightly upbeat note as bulls felt little fear after holding support zones last week. However, we didn't see much follow through and ultimately the buying pressure - [Subtle Hint - Blueprint 6-11-2013](https://thestockbandit.com/blueprint-6-11-2013/) - Good evening StockBandits! The stalled-out price action we saw yesterday on the heels of a bounce from recent support suggested the sharp initial rally was running on fumes. I also noted last night a few times that should we happen to move lower from last night's levels, that it could evolve into a short-term lower - [Slipping - Blueprint 6-12-2013](https://thestockbandit.com/blueprint-6-12-2013/) - Good evening StockBandits! The bulls' grip on the market seems to be slipping just a few days after seeing them defend key short-term support zones. Late last week, buyers aggressively put cash to work to produce a 400+ point Dow bounce in just two sessions, and it appeared as though prices could lift back toward - [LH Scenario Intact - Blueprint 6-16-2013](https://thestockbandit.com/blueprint-6-16-2013/) - Good evening StockBandits! The bounce which began the previous Thursday and Friday off key support zones carried over into Monday of last week. However, it proved unable to continue any higher as prices retreated through Wednesday. Another spike higher on Thursday failed to exceed the Monday high, keeping the short-term lower high scenario intact for - [Gap Fill Averted - Blueprint 6-17-2013](https://thestockbandit.com/blueprint-6-17-2013/) - Good evening StockBandits! Early enthusiasm this morning saw the bulls gaining some steam as June resistance was approached. It wouldn't have taken much to push through those short-term levels and open the door for additional upside toward the trading range highs, but instead the buying stalled out. The lack of continuation gave way to an - [Great Expectations - Blueprint 6-18-2013](https://thestockbandit.com/blueprint-6-18-2013/) - Good evening StockBandits! The indexes moved past their June highs today to enter the upper ends of their respective trading ranges ahead of the Wednesday Fed day. A minor gap higher this morning was quickly followed by additional strength with traders not shying away from tomorrow's main event. Instead, traders acted in confidence that their - [News Sold - Blueprint 6-19-2013](https://thestockbandit.com/blueprint-6-19-2013/) - Good evening StockBandits! The week's most-anticipated event was today with the FOMC, and it didn't disappoint in delivering some fireworks to the market. Stocks were soft ahead of the announcement but not down much. Once the statement was read, we spiked lower, then recovered enough to mark new session highs. However, from there things turned - [Resolved - Blueprint 6-20-2013](https://thestockbandit.com/blueprint-6-20-2013/) - Good evening StockBandits! As noted last night, I'm on the road this evening but wanted to bring a brief update after such a significant day in the market. The post-FOMC reaction we saw yesterday left overseas markets reeling in response, which in turn carried over into a weak start to today's session. No attempt was - [70 Degrees - Blueprint 5-19-2013](https://thestockbandit.com/blueprint-5-19-2013/) - Good evening StockBandits! The indexes all reached new milestones again last week by tacking on more than 1.5% across the board. Selling was virtually non-existent as the only declines we saw were extremely minor and quickly erased with more strength. That has been par for the course since the market turned higher April 19th, as - [Comma Territory - Blueprint 5-20-2013](https://thestockbandit.com/blueprint-5-20-2013/) - Good evening StockBandits! The RUT was the story index of the day, not because it's the only one that finished green but because for the first time ever it needed a comma in its quote once it cleared 1,000. The excitement didn't last long with it topping out on the day at 1001.50 before finishing - [What Do You Expect - Blueprint 5-21-2013](https://thestockbandit.com/blueprint-5-21-2013/) - Good evening StockBandits! The market went higher for yet another Tuesday - what else might we expect? The Tuesday effect is either an incredible coincidence or it has become a self-fulfilling prophecy, but whatever it is it just keeps happening. Today's advance by the DJIA marked the 19th straight advance on Tuesdays. For the S&P - [Not With a 10 foot Pole - Blueprint 5-22-2013](https://thestockbandit.com/blueprint-5-22-2013/) - Good evening StockBandits! Just a day after the Tuesday streak was extended to 19, we saw some very meaningful Wednesday withdrawals take place today as stocks snapped back in a rather dramatic recoil right off fresh new highs. Today had "the look" of a highly important reversal day, and the volume certainly added validity to - [Something to Work With - Blueprint 5-27-2013](https://thestockbandit.com/blueprint-5-27-2013/) - Happy Memorial Day StockBandits! If you have served our country in any capacity through the Armed Forces, I want to personally thank you. Many have made the ultimate sacrifice for our freedom. I want to sincerely thank you who are retired or active or are reserves for the personal sacrifices you have made in serving - [Iffy - Blueprint 5-28-2013](https://thestockbandit.com/blueprint-5-28-2013/) - Good evening StockBandits! The new week kicked off today, and given that it was a Tuesday, the ho-hum routine of the buyers kicked into autopilot and another rally was seen. This extended the streak to 20 straight Tuesday rallies for the DJIA, preserving the second day of the week strength pattern which began January 15th. - [Evaporation - Blueprint 5-29-2013](https://thestockbandit.com/blueprint-5-29-2013/) - Good evening StockBandits! The strong start to the holiday-shortened week on Tuesday was followed by a steady grind lower after the first hour, and then today we saw follow-through selling. That means evaporation of the gains we saw yesterday morning, leaving many bulls to wonder just what happened. The DJIA in fact finished tonight beneath - [Credibility and Confidence - Blueprint 6-23-2013](https://thestockbandit.com/blueprint-6-23-2013/) - Good evening StockBandits! Last week proved pivotal with downside trading range breaks across the board. Stocks had rallied right into the FOMC meeting, and true to recent reversal-prone form, we saw a turn of direction after the news which left market participants in every asset class raising cash. There was no safe place to hide - [Tentative - Blueprint 6-24-2013](https://thestockbandit.com/blueprint-6-24-2013/) - Good evening StockBandits! A bounce attempt Friday failed to impress, and as the weekend concluded, overseas markets slipped further. China saw a 5.3% decline Monday on credit concerns, eroding confidence further. The worry produced a downside gap to kick off our week. After a hard pullback, a downside gap is sometimes utilized for upside reversals, - [Overhead - Blueprint 6-25-2013](https://thestockbandit.com/blueprint-6-25-2013/) - Good evening StockBandits! The market put together another rebound attempt today with an upside opening. However, the early strength was again used for selling as we saw a partial gap fill for the first hour of the day. Prices lifted a bit from there, but weren't able to get very far beyond the opening highs, - [Ditto - Blueprint 6-26-2013](https://thestockbandit.com/blueprint-6-26-2013/) - Good evening StockBandits! Today was nearly a carbon copy of Tuesday with an opening upside gap which saw only a partial fill before a bid came in. That lifted the market enough to exceed the morning highs as the final hour of the day arrived. Just like yesterday, however, we saw a late-day slip just - [Halftime - Blueprint 6-30-2013](https://thestockbandit.com/blueprint-6-30-2013/) - Good evening StockBandits! The decline which began the previous week to carve out a lower high (vs. May) carried over into Monday last week with the indexes reaching their lowest levels since April. Having become stretched and oversold, a rebound followed with upside gaps on Tuesday, Wednesday, and Thursday. Friday finally saw some fatigue, and - [Backing & Filling - Blueprint 7-1-2013](https://thestockbandit.com/blueprint-7-1-2013/) - Good evening StockBandits! The indexes added to their gains from last Monday's low today, kicking off the month of July and the 2nd half of the year with a solid gain. A gap higher set the early tone, and some holiday-week buying soon followed. That took the NAZ and RUT both high enough to fill - [Distracted - Blueprint 7-2-2013](https://thestockbandit.com/blueprint-7-2-2013/) - Good evening StockBandits! With a major holiday just 2 days away, traders seemed a bit distracted today. The market has enjoyed a big lift from the lows of last week, but with volume tapering off and the expectations of sizeable moves for the remainder of the week diminishing, stocks couldn't make much of a move - [Eyes on Prior Highs - Blueprint 7-7-2013](https://thestockbandit.com/blueprint-7-7-2013/) - Good evening StockBandits! The indexes gained some ground last week, but once again it was primarily by way of overnight gains. The NAZ, for example, gained nearly 185 points from the low of June 24th to the high on Friday, but over 125 points of that move came via overnight gaps. That means we've seen - [Meltup - Blueprint 7-14-2013](https://thestockbandit.com/blueprint-7-14-2013/) - Good evening StockBandits! It's good to be back after a vacation last week, and thanks to those of you who sent well-wishes in support of some time off for me. It's a good thing to get to step away periodically, and while I had hoped it would coincide with a market rest, I enjoyed it - [14 - Blueprint 7-15-2013](https://thestockbandit.com/blueprint-7-15-2013/) - Good evening StockBandits! QQQ continued the streak today to make it 14 straight advances, grabbing the headlines on an otherwise uneventful, quiet day. Each of the averages were able to post gains, but nothing of great significance. The intraday ranges were pretty narrow, and it seems traders are caught in a bit of a Bermuda - [Harmless - Blueprint 7-16-2013](https://thestockbandit.com/blueprint-7-16-2013/) - Good evening StockBandits! Today we finally saw a decline, but it was of the harmless variety. The indexes mainly marked time with very minor retreats, none of them showing any negative change of character. The QQQ win streak was broken today as it gave up an entire dime after 14 consecutive advances, which is nice - [Every Day Counts - Blueprint 7-17-2013](https://thestockbandit.com/blueprint-7-17-2013/) - Good evening StockBandits! When price gets extended, every single day of rest counts. Tuesday was a day of rest for the market, and today we got another as the indexes proved unable to make any meaningful headway in either direction. The major averages ended the session slightly positive with minor net changes, but generally respected - [Markets Have Memories - Blueprint 7-21-2013](https://thestockbandit.com/blueprint-7-21-2013/) - Good evening StockBandits! The indexes each reached new highs last week, but the way they did it left something to be desired. After tremendous multi-week runs (with virtually no rest), the pace has noticeably slowed. That's for good reason, as few seem inclined to sell yet but there's not much desire to buy up here - [Tiptoeing - Blueprint 7-22-2013](https://thestockbandit.com/blueprint-7-22-2013/) - Good evening StockBandits! The market finished green today again, but it was just a technicality for the bulls given the minute gains we saw. The indexes keep tiptoeing higher here, unable to sprint higher after the runup from the June low, adding to the idea that the broad market has run into some high altitude. - [Wait for it - Blueprint 7-23-2013](https://thestockbandit.com/blueprint-7-23-2013/) - Good evening StockBandits! It was another narrow-range session today with the NAZ being the only among the major averages to see any increased volatility. The DJIA, S&P 500 and RUT each made incremental new highs but failed to exhibit any real momentum. By the closing bell, the net changes were again extremely minor as traders - [Awaiting the Next Catalyst - Blueprint 7-24-2013](https://thestockbandit.com/blueprint-7-24-2013/) - Good evening StockBandits! The indexes each sat in positive territory early in today's session, but none maintain their gains. Instead, the intraday charts showed stocks in retreat mode with the early strength being sold, a rest phase, then more weakness. The averages finished the day not far from their lows, which isn't something we've seen - [Stay Open Minded - Blueprint 7-28-2013](https://thestockbandit.com/blueprint-7-28-2013/) - Good evening StockBandits! The major averages made no progress last week, and instead simply churned near their recent highs. That translated into no satisfaction for bulls who are itching for a pullback to deploy more capital, but also no satisfaction for bears who can't get a down move to save their life. So, we saw - [High-Level Standoff - Blueprint 7-29-2013](https://thestockbandit.com/blueprint-7-29-2013/) - Good evening StockBandits! The high-level standoff continued today as the indexes spent another day beneath breakout territory. Today we saw minor declines across the board, but it was hardly a day of significance due to the light volume, narrow trading ranges, and limited net changes that occurred. It seems the bulls are still not yet - [Hurry Up and Wait - Blueprint 7-30-2013](https://thestockbandit.com/blueprint-7-30-2013/) - Good evening StockBandits! The NAZ was able to make a new high today, but was unable to inspire the others to join it. By the end of the day, it had fallen back inside its 3-week channel and the net changes across the board were minimal and mixed. It only takes a spark to ignite - [Whatever - Blueprint 7-31-2013](https://thestockbandit.com/blueprint-7-31-2013/) - Good evening StockBandits! The day began with some strength ahead of the Fed and a minor gap higher, but that faded and as the big event drew closer the NAZ was actually attempting to get into that gap. After the announcement, we saw the usual back and forth for a few minutes before a rally - [In the Habit - Blueprint 9-2-2013](https://thestockbandit.com/blueprint-9-2-2013/) - Good evening StockBandits! Habits can be hard to break, and we see that in the market all the time. This year, we've seen habits of nonstop buying, of dips getting bought, habits of indecision, and now we're seeing the habit of bounces getting sold. The NAZ, for example, has now created 3 short-term lower highs - [Short-Lived - Blueprint 9-3-2013](https://thestockbandit.com/blueprint-9-3-2013/) - Good evening StockBandits! The indexes gapped higher to start the holiday-shortened week based on a lack of action toward Syria. Each of them were up roughly 1% in the opening minutes of the day, but in every case that marked the high for the session with a very short-lived bounce. Once again, the strength was - [Not What You Think - Blueprint 9-4-2013](https://thestockbandit.com/blueprint-9-4-2013/) - Good evening StockBandits! The market put together a bounce today, and there wasn't a lot to complain about when it came to how it unfolded. Stocks were strong right out of the gate, we saw a steady intraday uptrend for the morning, followed by a few hours of rest. That means that short-term support levels - [Long Road to Nowhere - Blueprint 9-8-2013](https://thestockbandit.com/blueprint-9-8-2013/) - Good evening StockBandits! Last week ended with some fireworks as the always anticipated jobs report was quickly overshadowed by tapering talk which was then overshadowed by Putin's comments on Syria. Early strength got sold with a gap fill in the opening few minutes and a rapid retreat deep into the red. Worry prompted traders to - [Climbing the Wall - Blueprint 9-9-2013](https://thestockbandit.com/blueprint-9-9-2013/) - Good evening StockBandits! The market lifted at least a little in every session last week, but as I noted here last night, it just wasn't happening in a convincing fashion with the weak finishes on 3 of the 4 days. Today, the strength continued, but in a different way. We opened strong and added to - [Out the Window - Blueprint 9-10-2013](https://thestockbandit.com/blueprint-9-10-2013/) - Good evening StockBandits! So much for last week's strength being questionable. I say that half-sarcastically, of course, because the way in which we rallied was definitely suspect given the weak finishes in 3 of the 4 sessions. But this week so far we've seen nothing but follow through with a trend day yesterday and continued - [Laying Low Near Highs - Blueprint 9-11-2013](https://thestockbandit.com/blueprint-9-11-2013/) - Good evening StockBandits! The market put in a well-deserved day of rest today with some narrow-range bars on the NAZ and RUT to signify some needed digestion of the advance since last week. The S&P completed its gap fill to 1685 and lifted a few points past that, while the DJIA saw its third straight - [Is It Or Isn't It - Blueprint 8-4-2013](https://thestockbandit.com/blueprint-8-4-2013/) - Good evening StockBandits! Last week we saw breakouts in the major averages from their 3-week trading ranges with new multi-year and in some cases all-time highs made (DJIA, S&P 500, RUT). The NAZ saw a big burst higher, while the others eased past short-term resistance to test the waters a bit on the upside. It - [Dog Days - Blueprint 8-5-2013](https://thestockbandit.com/blueprint-8-5-2013/) - Good evening StockBandits! The new week kicked off without excitement today as the major averages simply churned at their highs. The intraday action was uneventful with a NAZ trading range of less than 13 points and an S&P 500 range of less than 6. Needless to say, we never got far from the flat line - [In Lieu of Dips - Blueprint 8-12-2013](https://thestockbandit.com/blueprint-8-12-2013/) - Good evening StockBandits! It's good to be back in the saddle after a wonderful vacation last week. My wife and I celebrated our 15th anniversary in beautiful Cabo San Lucas, and it couldn't have been better. Our two boys stayed with their grandparents, and I shelved the market for a little while and just relaxed! - [The Missing Link - Blueprint 8-13-2013](https://thestockbandit.com/blueprint-8-13-2013/) - Good evening StockBandits! A minor gap higher this morning was quickly met with selling, sending the NAZ nearly 30 points lower than its early peak in the first hour of the day. A bounce became a reversal, and by the end of the session a modest advance had been posted. That was helped by an - [Tech Rejection - Blueprint 8-14-2013](https://thestockbandit.com/blueprint-8-14-2013/) - Good evening StockBandits! The NAZ was facing a potential breakout heading into today's session, but it failed to materialize as price was rejected from upper resistance. Each of the averages gave up some ground today, with the DJIA actually falling below its multi-week trading range to reach its lowest level since July 11. The others - [Retreat Underway - Blueprint 8-18-2013](https://thestockbandit.com/blueprint-8-18-2013/) - Good evening StockBandits! Just when it seemed the market might actually stagnate forever, last week rolls in and we finally get a character change. This time, it was on the downside as multi-week support got broken following a NAZ rejection at the highs. Surprisingly, the Dow actually was the first to undercut support, making it - [It's How You Finish - Blueprint 8-19-2013](https://thestockbandit.com/blueprint-8-19-2013/) - Good evening StockBandits! They say it's not how you start, it's how you finish that matters. That applies to pretty much everything, including the market. Today, we saw a much stronger start than finish as the indexes climbed into positive territory before topping out late morning. From there, it was just a steady slide into - [Divided - Blueprint 8-20-2013](https://thestockbandit.com/blueprint-8-20-2013/) - Good evening StockBandits! The small-caps have seen the biggest declines from their highs, and today they rebounded the biggest as a bounce finally arrived - for most of the indexes anyway. Technically, it was a divided market as the DJIA struggled to its 5th consecutive decline while the others lifted to varying degrees. Despite the - [Fickle - Blueprint 8-21-2013](https://thestockbandit.com/blueprint-8-21-2013/) - Good evening StockBandits! The main event today was the scheduled release of the FOMC minutes from the last meeting, and ironically, it produced much greater price volatility than many recent Fed days when the actual policy statement is read. The initial knee-jerk response was weakness followed by a sharp upside reversal, and then one more - [Plenty to Prove - Blueprint 8-25-2013](https://thestockbandit.com/blueprint-8-25-2013/) - Good evening StockBandits! Three out of the big 4 indexes I watch put together a bounce last week as they lifted from their August pullback lows, perhaps setting the stage for a showdown between bulls and bears in the case of the NAZ. The DJIA was the holdout, but the others are now in rebound - [Coincidence - Blueprint 8-26-2013](https://thestockbandit.com/blueprint-8-26-2013/) - Good evening StockBandits! The indexes kicked off the new week by working their way steadily higher into mid-day, when a little bit of a breather set in. As the final hour of trading got underway, however, a quick burst of selling erased the morning progress with traders responding to Secretary of State John Kerry's remarks - [Tucking Tail - Blueprint 8-27-2013](https://thestockbandit.com/blueprint-8-27-2013/) - Good evening StockBandits! The bulls tucked their tails and ran today after Monday's failure at resistance (S&P) and subsequent weak finish. As concerns over deteriorating technicals coincided with elevating worry over the Syria situation, the sellers took charge to once again confirm a failed bounce. Strength is still being used for selling into, keeping the - [For Now - Blueprint 8-28-2013](https://thestockbandit.com/blueprint-8-28-2013/) - Good evening StockBandits! The NAZ tested its range low yesterday and today the RUT made an incremental new low (fraction of a point), but both of them were able to finish green on the session to stop the bleeding - for now. Today we also saw the blue chips rebound, but across the board the - [Less Obvious - Blueprint 9-15-2013](https://thestockbandit.com/blueprint-9-15-2013/) - Good evening StockBandits! Last week we saw another market advance as the recovery off the August lows continued with a breakout in the NAZ to new levels not seen since 2000. Early strength in the week was followed by some quiet basing action Wednesday through Friday, allowing stocks to rest just a bit on the - [Winded - Blueprint 9-16-2013](https://thestockbandit.com/blueprint-9-16-2013/) - Good evening StockBandits! The market gapped higher this morning in response to Larry Summers' withdrawal from consideration as the next Chairman of the FOMC, giving the bulls something they felt was worth celebrating. The early enthusiasm waned quickly, however, as prices had become extended with the morning strength putting the market on track to go - [Showdown at the Highs - Blueprint 9-17-2013](https://thestockbandit.com/blueprint-9-17-2013/) - Good evening StockBandits! The bulls claimed another victory today as the S&P 500 went 12-for-14 to leave it just a few points from a new all-time high. Elsewhere, the RUT closed at a new high and the NAZ saw strength return after Monday's downside reversal. The session was characterized by a slow grind higher with - [Taper Schmaper - Blueprint 9-18-2013](https://thestockbandit.com/blueprint-9-18-2013/) - Good evening StockBandits! For months, traders have anticipated the September FOMC meeting to be the one where tapering begins, but the main event of the week came to pass today without any change on that front. Traders immediately celebrated the ongoing QE and prices certainly changed, with stocks spiking sharply higher on the news at - [Test Time - Blueprint 9-22-2013](https://thestockbandit.com/blueprint-9-22-2013/) - Good evening StockBandits! The market rallied further last week, shunning the seasonality reputation September is known for. It's been a strong month so far, one of the better of 2013, and the bulls have maintained control. The main event was the FOMC on Wednesday afternoon, and the absence of tapering left stocks screaming higher - - [Undone - Blueprint 9-23-2013](https://thestockbandit.com/blueprint-9-23-2013/) - Good evening StockBandits! It was a reversal-prone session today as stocks opened higher, quickly filled the gap to move well into negative territory, lifted slightly from mid-day into mid-afternoon, then spent the final 2 hours chopping around aimlessly into the closing bell. Ultimately, the S&P 500 finished back below the pre-FOMC levels from last Wednesday - [Two Hands - Blueprint 9-24-2013](https://thestockbandit.com/blueprint-9-24-2013/) - Good evening StockBandits! Stocks were soft for the opening hour today as each of the main indexes dipped into the red again, but a mid-morning reversal reminded us all that the bulls haven't gone home yet. The rally erased the losses and put the blue chips mildly positive while small-caps reached new all-time highs by - [Wide Open - Blueprint 9-25-2013](https://thestockbandit.com/blueprint-9-25-2013/) - Good evening StockBandits! **SFUN PRICE CORRECTED** Bears in need of a dip have gotten it. Simultaneously, underinvested bulls have been wanting a pullback, and they've gotten it. The door is wide open for bulls to put cash to work and carve out a short-term higher low, but will they walk through it? That's the question - [Waiting for Reunion - Blueprint 9-29-2013](https://thestockbandit.com/blueprint-9-29-2013/) - Good evening StockBandits! The indexes separated from each other last week with small-caps and techs holding up rather well while blue chips and financials pulled back. Traders have been waiting for signs of a reunion ever since, but so far the mixed messages have continued. A bounce on Thursday finished off the session high, then - [Drop, Pop, and Roll - Blueprint 9-30-2013](https://thestockbandit.com/blueprint-9-30-2013/) - Good evening StockBandits! Worry over a government shutdown prompted futures to open lower Sunday night and they never improved until after the opening bell for stocks this morning. We saw a 1% gap lower to kick off the week, but the lows of the session were set in the opening minutes of the day. From - [Welcome to Q4 - Blueprint 10-1-2013](https://thestockbandit.com/blueprint-10-1-2013/) - Good evening StockBandits! The fourth quarter began today with a government shutdown and the market essentially yawned about it. Stocks opened modestly higher and saw continued strength throughout the morning as both the RUT and NAZ reached new highs to break out from their 2-week trading ranges. The high-level consolidation they had put in allowed - [Hardly Spooky - Blueprint 10-2-2013](https://thestockbandit.com/blueprint-10-2-2013/) - Good evening StockBandits! It was a pretty uneventful session today with a soft open which was quickly bought, an intraday uptrend for much of the session, and then a bit of backing off late in the day. Ultimately, we saw the market finish slightly higher than where it opened, but down incrementally from last night's - [Procrastination - Blueprint 10-6-2013](https://thestockbandit.com/blueprint-10-6-2013/) - Good evening StockBandits! Amid a government shutdown and ongoing sources of concern, last week the bulls procrastinated on a deeper correction and stood their ground. We did see the blue chips retreat a bit earlier in the week, but a bounce ahead of the weekend signaled some confidence that either a deal in Washington would - [Upside Streaks Nonexistent - Blueprint 10-7-2013](https://thestockbandit.com/blueprint-10-7-2013/) - Good evening StockBandits! The lack of upside streaks in the key averages continued today as Friday's strength found zero follow through. That has been the case for nearly 3 weeks now as advances continue to be sandwiched between declines. Today it was the lack of weekend progress made in Washington being blamed for the weakness - [High Beta Gives it Up - Blueprint 10-8-2013](https://thestockbandit.com/blueprint-10-8-2013/) - Good evening StockBandits! The NAZ and RUT have held their ground incredibly well compared to the S&P 500 and DJIA, and I've been highlighting the discrepancies there. Eventually, something was going to bring them more in-line with one another, and today we saw some real progress on that front. It took a hard selloff to - [Shaky - Blueprint 10-9-2013](https://thestockbandit.com/blueprint-10-9-2013/) - Good evening StockBandits! Once again today we saw a modestly higher open this morning unable to hold with the morning gap filling quickly and stocks coming under pressure. They continued to get sold until late morning when a relief bounce finally arrived, lifting the indexes from their lows. That corresponded with the 1036 area for - [Groundhog Day - Blueprint 10-13-2013](https://thestockbandit.com/blueprint-10-13-2013/) - Good evening StockBandits! Stocks spiked from their pullback lows last week with a modest relief rally Wednesday from oversold levels and then a huge gap-and-go lift on Thursday amid news that perhaps the debt ceiling could be pushed back 6 more weeks. Bears who were left out in the cold blamed Punxsutawney Phil, but the - [Defiant - Blueprint 10-14-2013](https://thestockbandit.com/blueprint-10-14-2013/) - Good evening StockBandits! Columbus Day may have closed the banks, schools, and the bond market, but it certainly didn't shut down the bulls today. Entering the new week with no deal from D.C. over the weekend, futures gapped lower Sunday evening to set the stage for a weak open this morning. Instead of selling off, - [Urgency Fades - Blueprint 10-15-2013](https://thestockbandit.com/blueprint-10-15-2013/) - Good evening StockBandits! The urgency faded on the buy side today as shorts stopped scrambling and underinvested bulls had second thoughts. It seemed there was a collective questioning taking place of what if we do see a sell-the-news scenario? That reined in the buying and instead, we saw a choppy decline in today's session as - [News to Sell - Blueprint 10-16-2013](https://thestockbandit.com/blueprint-10-16-2013/) - Good evening StockBandits! Earnings season is officially underway, but the real news is, well, actually not yet official at this point. We've only gotten a verbal deal out of Washington on the debt ceiling and government shutdown, although stocks rallied big again today on hopes of a final-hour deal. What's more motivating than a deadline? - [Zoom Out - Blueprint 11-12-2013](https://thestockbandit.com/blueprint-11-12-2013/) - Good evening StockBandits! The eerily quiet trading continued today with another narrow-range session as the major indexes painted minimal net changes on slightly improved but below-average volume. The tendency was to magnify the importance of the intraday moves, although momentum was distinctly absent and the price action remained choppy. On days like today and Monday, - [Late Stumbles - Blueprint 11-20-2013](https://thestockbandit.com/blueprint-11-20-2013/) - Good evening StockBandits! It's great to be back from a week of vacation, and I hope you've fared well in my absence. We had some good times at Disney but there's no place like home! Three of the four averages I watch daily hit new highs on Monday, but each have since pulled back. The - [Erasure - Blueprint 11-21-2013](https://thestockbandit.com/blueprint-11-21-2013/) - Good evening StockBandits! The three day streak of afternoon selling was snapped today as stocks rallied throughout the morning then added to their gains (albeit at a slower pace) during the afternoon. We did see a small dip into the closing bell, but it didn't bring stocks down much from their session highs. In the - [Party On - Blueprint 11-24-2013](https://thestockbandit.com/blueprint-11-24-2013/) - Good evening StockBandits! A 3-day pullback to kick off last week left bulls itching to put cash to work, and that's just what they did. By the close on Friday, the RUT, S&P 500 and DJIA had each broken out to new all-time highs. That keeps the pressure on the bears as we head into - [Scratch - Blueprint 11-25-2013](https://thestockbandit.com/blueprint-11-25-2013/) - Good evening StockBandits! The bulls and bears scratched today as the indexes finished little-changed and mixed. The DJIA gained a whopping 7 points while the NAZ added 2, with the S&P 500 losing 2 points as the RUT finished incrementally lower. Momentum was fleeting on this first session of a holiday-shortened week, and volume stayed - [Tech Leadership Emerges - Blueprint 11-26-2013](https://thestockbandit.com/blueprint-11-26-2013/) - Good evening StockBandits! Thanksgiving week is typically extremely light in terms of volume, but it can still have a bullish bias to it. Monday's action was lackluster, but today we got a subtle rally as some morning shakeouts never produced worry and stocks again found a bid. The strength which followed didn't likely impress anyone, - [Home Stretch - Blueprint 11-3-2013](https://thestockbandit.com/blueprint-11-3-2013/) - Good evening StockBandits! November arrived on Friday, and we saw the usual first-of-the-month strength in the big 3 indexes. Morning weakness was bought, taking the S&P 500, NAZ and DJIA all into the green to start the 11th month. For the week, the NAZ gave up 21 points, the RUT shed 23, while the S&P - [The Next Best Thing - Blueprint 11-4-2013](https://thestockbandit.com/blueprint-11-4-2013/) - Good evening StockBandits! Another week, another positive start today as some morning weakness was met with enough buying to leave each of the averages positive by the closing bell. The RUT, which showed glaring relative weakness last week via a 2% slide, got back in gear today with a solid 1.2% gain to lead the - [No Worries - Blueprint 11-5-2013](https://thestockbandit.com/blueprint-11-5-2013/) - Good evening StockBandits! It was another lackluster day for the major indexes with mixed results and minor net changes. Volume improved slightly from Monday's light levels, and once again we saw morning weakness scooped up by the buyers. That's no guarantee that this range gets resolved higher, but it reminds us that both bulls and - [Senior Moment - Blueprint 11-6-2013](https://thestockbandit.com/blueprint-11-6-2013/) - Good evening StockBandits! Rotation was the name of the game today as small-caps and techs saw minor outflows while the senior indexes took the baton. The DJIA pushed through resistance to paint a new all-time high, no doubt something that will excite Main Street investors when they turn on their evening news. The S&P edged - [Whiplash - Blueprint 11-10-2013](https://thestockbandit.com/blueprint-11-10-2013/) - Good evening StockBandits! The selloff that hit stocks so hard on Thursday was completely undone on Friday with a snapback rally hard enough to give the bears whiplash. The S&P 500, for example, lost 23.34 on Thursday then rebounded 23.46 on Friday in a mirror-image type of reversal. The other indexes saw similar turnarounds as - [Is This Thing On - Blueprint 11-11-2013](https://thestockbandit.com/blueprint-11-11-2013/) - Good evening StockBandits! I want to start out by saying that if you have in the past served or are currently serving the U.S. via the armed forces, Thank You! I truly appreciate the untold sacrifices made by the few for the benefit of freedom for the many. Turning to the market, the most exciting - [Congressional Catapult - Blueprint 10-20-2013](https://thestockbandit.com/blueprint-10-20-2013/) - Good evening StockBandits! Stocks vaulted higher off their Oct. 9th lows to finish strong in the week prior to last on hopes of a debt deal in Washington, D.C. before one ever even came along. There's nothing like a deadline though to get things done, apparently even for our nation's leaders, and so in true-to-form - [Motionless Monday - Blueprint 10-21-2013](https://thestockbandit.com/blueprint-10-21-2013/) - Good evening StockBandits! Following the massive debt ceiling rally and a weekend to weigh their options, the bulls returned today with nothing to prove. The recent gains weren't added to, but neither were profits taken as stocks made incremental new highs in the morning before a mostly lateral drift with a slight downside bias for - [Netslips - Blueprint 10-22-2013](https://thestockbandit.com/blueprint-10-22-2013/) - Good evening StockBandits! The stock of the year has been NFLX, having tacked on over 300% YTD and more than 450% since a year ago today. It has certainly assisted the NAZ in its ascent, and has been the picture of a "bubble" stock from the previous internet era of 1999-2000 with its astronomical gains, - [A Bid Beneath - Blueprint 10-23-2013](https://thestockbandit.com/blueprint-10-23-2013/) - Good evening StockBandits! The pullback from Tuesday's morning high continued into today as the averages gave up a little more ground. Most of the downside came by way of an overnight gap as the futures deteriorated steadily from Tuesday's closing bell into early this morning to produce a downside gap on today's opening bell. From - [Deceleration - Blueprint 10-27-2013](https://thestockbandit.com/blueprint-10-27-2013/) - Good evening StockBandits! The bulls maintained their edge last week with modest gains across the board, pressing the NAZ, RUT, and S&P all to new multi-year (or all-time) highs. The strength which has been so persistent since the turn back up from the October 9th low is certainly still present, although we did see it - [The Dynamics of Strength - Blueprint 10-28-2013](https://thestockbandit.com/blueprint-10-28-2013/) - Good evening StockBandits! The major indexes essentially painted inside days on their charts today by respecting Friday's trading ranges. Tech buyers showed restraint ahead of the earnings announcement by AAPL after the bell, and overall there was just a lack of real momentum. The FOMC meeting on Wednesday and the big run we've had both - [Levitating - Blueprint 10-29-2013](https://thestockbandit.com/blueprint-10-29-2013/) - Good evening StockBandits! The S&P 500 put up its 13th advance in the past 15 sessions today as it again reached for new all-time highs. The DJIA actually led the way in today's session though, moving to within 30 points of its all-time high. Meanwhile, the NAZ and RUT each posted modest gains as they - [Rare Red - Blueprint 10-30-2013](https://thestockbandit.com/blueprint-10-30-2013/) - Good evening StockBandits! The main event of the week took place today with the FOMC meeting conclusion and accompanying policy statement. After a modestly positive start this morning, stocks turned lower into negative territory before the Fed, but the lack of new news prevented that from changing as 2pm ET arrived. As a result, the - [New - Blueprint 1-2-2014](https://thestockbandit.com/blueprint-1-2-2014/) - Happy New Year StockBandits! I hope you've had some time to step away from the markets lately and enjoy the holidays and refocus for the year ahead. I was able to and it was very nice. 2013 is behind us and 2014 has arrived, with a new slant on stocks (so far). One day certainly - [Rotation, Rotation, Rotation - Blueprint 1-5-2014](https://thestockbandit.com/blueprint-1-5-2014/) - Good evening StockBandits! The first trading day of the year was certainly a change of pace from December's ramp, but the bulls did what they needed to do on Friday which was to simply show up. That stopped the bleeding for the most part (sans NAZ), keeping the short-term high-level trading ranges intact for now. - [Validation - Blueprint 1-6-2014](https://thestockbandit.com/blueprint-1-6-2014/) - Good evening StockBandits! The indexes posted declines today, and although none of them were particularly scary, the way in which they happened was something to take note of. Early gains were given up with an attempted bounce getting sold as the short-term slide continued. The lack of bids left each of the averages not far - [Levels Provide Lift - Blueprint 1-7-2014](https://thestockbandit.com/blueprint-1-7-2014/) - Good evening StockBandits! Tests of short-term levels like 4104 (NAZ) and 1147 (RUT) provided enough motivation for the bulls to buy the dip and produce a lift today. The short-term pullbacks were forgotten today as an upside gap set the tone for the session. Right out of the gates, stocks continued higher before leveling off - [Stick and Move - Blueprint 1-8-2014](https://thestockbandit.com/blueprint-1-8-2014/) - Good evening StockBandits! The indexes couldn't get far from the flat line today with some zig-zagging price action throughout the session. The DJIA slid a bit and the NAZ gained a bit while the others simply churned their way to net changes of less than 1 point from last night's closes. The FOMC minutes failed - [Quiet Progress - Blueprint 1-12-2014](https://thestockbandit.com/blueprint-1-12-2014/) - Good evening StockBandits! The indexes stayed within their respective short-term ranges last week, but three of the four (DJIA was the holdout) made some quiet progress by lifting within those ranges. The recent highs aren't far away, and now with a few indexes facing breakouts, we could see yet another leg up begin before long. - [December - Blueprint 12-1-2013](https://thestockbandit.com/blueprint-12-1-2013/) - Good evening StockBandits! I hope your Thanksgiving holiday was great all around. I was fortunate to celebrate with family and never did run out of reasons to be thankful. The market made continued progress last week as the NAZ maintained a win streak (6 sessions) while the DJIA, S&P 500, and RUT each painted new - [Uninspiring - Blueprint 12-2-2013](https://thestockbandit.com/blueprint-12-2-2013/) - Good evening StockBandits! There was no first-of-the-month strength today as traders apparently had greater interest in spending their money on Cyber Monday deals instead of stocks. Without a catalyst, stocks began the new week chopping around for the morning. Much of that time was spent in negative territory, but the averages never got very far - [Saving Face - Blueprint 12-3-2013](https://thestockbandit.com/blueprint-12-3-2013/) - Good evening StockBandits! A mid-day downtrend ultimately proved to be the difference-maker in today's session as stocks finished lower across the board. We saw some morning chop and a late-day lift off the lows as the bulls saved face, but in between there were a few hours of steady selling. That translated into a broken - [Pullback Pause - Blueprint 12-4-2013](https://thestockbandit.com/blueprint-12-4-2013/) - Good evening StockBandits! The indexes ended the day mixed and little-changed despite getting a taste of everything intraday. Stocks spiked higher around 10am ET, only to peak a half hour later. From there, we saw a steady slide which picked up steam into mid-afternoon, followed by another sharp bounce that took the averages right back - [Another Higher Low - Blueprint 12-8-2013](https://thestockbandit.com/blueprint-12-8-2013/) - Good evening StockBandits! The market took a breather for much of last week with multiple declines on the heels of the Thanksgiving rally. Pullbacks to some key areas of support (S&P 1775, RUT 1123) left stocks poised for another bounce, which they got on Friday following a highly-anticipated jobs report. The lift was enough for - [Letup - Blueprint 12-9-2013](https://thestockbandit.com/blueprint-12-9-2013/) - Good evening StockBandits! The market showed some letup today as Friday's strong rally saw no real follow through to speak of. Three of the four indexes I watch were able to post green numbers on the day, but none were of any real significance as each finished just a short distance from where they ended - [Safety - Blueprint 12-10-2013](https://thestockbandit.com/blueprint-12-10-2013/) - Good evening StockBandits! The indexes took a breather today with mild pullbacks across the board. Interestingly, there was a bit of a flight to safety as both gold and bonds popped to add to their recent lifts from short-term lows. The VIX also saw a modest lift, but the averages didn't slide much. Each of - [Start to Finish - Blueprint 12-11-2013](https://thestockbandit.com/blueprint-12-11-2013/) - Good evening StockBandits! The warning signs were there, and today we got another pullback. The shift to safety (gold & bonds) and intraday equity weakness on Tuesday, paired with a lack of follow through to Friday's big rally, set the stage for some selling if the bulls didn't get in gear. Last night I discussed - [He'd Better Hurry - Blueprint 12-15-2013](https://thestockbandit.com/blueprint-12-15-2013/) - Good evening StockBandits! The market struggled last week across the board with the major indexes shedding 1.5% to 2.1%. The bounce from the end of the prior week was completely erased, and downside volume picked up. The failure created a lower high for the S&P 500, the DJIA, and the RUT, turning the short-term direction - [Far from Over - Blueprint 12-16-2013](https://thestockbandit.com/blueprint-12-16-2013/) - Good evening StockBandits! Sunday evening weakness in the futures markets indicated a poor start for US stocks after the weekend, but an overnight reversal to the upside and some positive economic data painted a much different picture by the time the stock market opened. The opening gap to the upside was quickly followed by additional - [Fed Flatline - Blueprint 12-17-2013](https://thestockbandit.com/blueprint-12-17-2013/) - Good evening StockBandits! The market basically flatlined today ahead of tomorrow's highly-anticipated Fed policy announcement (the meeting began today), holding onto Monday's advance but unwilling to add to it. The closing numbers were all red, but each decline was insignificant. Intraday, we did see a minor morning slide, but bids strengthened and stocks returned to - [Back to Resistance - Blueprint 12-18-2013](https://thestockbandit.com/blueprint-12-18-2013/) - Good evening StockBandits! The DJIA was up about 22 points prior to the FOMC announcement today, but each of the other averages were slightly in the red. It was indeed a market on hold for the week's main event, and ultimately the response to it did not disappoint in terms of magnitude. The knee-jerk reaction - [Green Christmas - Blueprint 12-22-2013](https://thestockbandit.com/blueprint-12-22-2013/) - Good evening StockBandits! The bulls have been hoping for a Green Christmas, and thanks to the response to last week's FOMC announcement, they got the Santa Claus rally they were looking for. It's not often we see such high expectations actually get met by the market, as it simply doesn't tend to accommodate the masses. - [Whirlwind - Blueprint 12-23-2013](https://thestockbandit.com/blueprint-12-23-2013/) - Good evening StockBandits! Despite the fireworks of last week and the expectation of lighter volume and reduced activity this week, stocks just didn't slow down. Across the board, gains were posted as the indexes continued to paint new multi-year highs. The bulk of the gains came by way of an overnight gap, although we did - [Recoil - Blueprint 2-9-2014](https://thestockbandit.com/blueprint-2-9-2014/) - Good evening StockBandits! Last week was a wild one as the market resumed its correction early in the week. A hard selloff Monday was followed by a feeble bounce Tuesday, then new pullback lows into Wednesday morning. An intraday lift found follow through with a gap-and-go rally on Thursday, as well as a steady lift - [Fizzle - Blueprint 2-10-2014](https://thestockbandit.com/blueprint-2-10-2014/) - Good evening StockBandits! Today the market averages posted gains, but they were generally modest and it seems last week's sizzle is starting to fizzle. The NAZ was the exception with gains in high-flyers like AAPL and TSLA as it tacked on 22 for a slightly less modest lift than the other indexes. Volume across the - [Checkmark Continuation - Blueprint 2-11-2014](https://thestockbandit.com/blueprint-2-11-2014/) - Good evening StockBandits! The checkmark-shaped V-bounce which looked to potentially be stalling yesterday caught a second wind today. The market ramped again, undeterred by Yellen as shorts scrambled to cover on day 4 of the snapback rally. The last selloff was deep enough that it seemed a lower high was likely on the next bounce, - [Don't Get Comfortable - Blueprint 2-12-2014](https://thestockbandit.com/blueprint-2-12-2014/) - Good evening StockBandits! Stocks continued their rebound from last week's low today with each of them reaching new recovery highs. Only the NAZ and RUT were able to post gains on the session, although the S&P and DJIA didn't exactly see big downside reversals. The current lift is very extended here, which makes for some - [Breathing Room - Blueprint 2-17-2014](https://thestockbandit.com/blueprint-2-17-2014/) - Good evening StockBandits! Last week we saw buyers shrug off the notion that the oversold bounce was merely short-covering, and as a result we saw wire-to-wire strength in the NAZ and RUT. Key levels have been reclaimed and prices have spiked significantly. While that's short-term bearish given the current extended condition of the market, it - [Streaking - Blueprint 2-18-2014](https://thestockbandit.com/blueprint-2-18-2014/) - Good evening StockBandits! The NAZ and RUT are still streaking with today's advance making it 8 straight for each of them. The S&P, you may recall, had a decline of 0.49 last Wednesday which prevented it from being included in the previous sentence. SPY painted its 8th consecutive daily advance today, and the /ES (e-mini - [Harsh Rejection - Blueprint 1-13-2014](https://thestockbandit.com/blueprint-1-13-2014/) - Good evening StockBandits! The indexes each faced opportunities to break out from their respective trading ranges heading into today's session, but a failure to clear resistance resulted in a harsh rejection. A soft open was bought this morning and the indexes actually went positive by mid-morning, but a pullback never found a lasting bid and - [Amnesia - Blueprint 1-14-2014](https://thestockbandit.com/blueprint-1-14-2014/) - Good evening StockBandits! Each of us is forgetful from time to time. Sometimes it's from a lack of rest, sometimes it's age, and sometimes, well I can't remember what my third reason was going to be. :) When it's something significant though and recent, it's hard to forget. Today the market seemed to forget what - [Not Unanimous Yet - Blueprint 1-15-2014](https://thestockbandit.com/blueprint-1-15-2014/) - Good evening StockBandits! The big turnaround we saw on Tuesday found follow through today as three of the four averages (DJIA excluded) that I watch daily broke out from their respective ranges to reach new multi-year or all-time highs. Morning strength was followed by a few hours of mid-day choppiness and then new highs late - [Battleground - Blueprint 1-20-2014](https://thestockbandit.com/blueprint-1-20-2014/) - Good evening StockBandits! The indexes made some modest progress last week with the exception of the S&P, but breakout attempts failed to produce upside fireworks. The NAZ and RUT each cleared resistance only to pull back to test it, the S&P made an incremental new high only to fail the breakout, and the DJIA remains - [Disconnected - Blueprint 1-21-2014](https://thestockbandit.com/blueprint-1-21-2014/) - Good evening StockBandits! The S&P rallied right to resistance this morning to kick off the holiday-shortened week on a positive note. The strength was short-lived, however, as stocks rolled over hard for the next 2 hours. We did see a decent recovery from the mid-day low, but the best levels of the day were reached - [It Depends - Blueprint 1-22-2014](https://thestockbandit.com/blueprint-1-22-2014/) - Good evening StockBandits! What kind of day was it in the market today? It depends on whether you're looking at techs and small-caps, or if instead you're looking at the blue chips. The former groups reached new highs today as they pushed a little further beyond their recently cleared resistance zones, while the latter stayed - [Shakeup - Blueprint 1-26-2014](https://thestockbandit.com/blueprint-1-26-2014/) - Good evening StockBandits! The indexes took 2.6-to-3.1% haircuts in the last 2 sessions to end the holiday-shortened week in very poor technical shape. What a difference a day or two can make. Just Wednesday, we were in a situation where upside breakouts were already taking place in the RUT and NAZ, with the S&P less - [Up 5 Weeks, Down 3 Days - Blueprint 1-27-2014](https://thestockbandit.com/blueprint-1-27-2014/) - Good evening StockBandits! The selloff which started last week saw continuation today with each of the averages losing more ground. The new week began pretty flat, but selling throughout the morning left the market painting just its third consecutive decline, yet at levels not seen in more than a month. Stated otherwise, what took the - [Inside - Blueprint 1-28-2014](https://thestockbandit.com/blueprint-1-28-2014/) - Good evening StockBandits! The oversold bounce arrived today with a snapback rally that left each of the averages in positive territory on the day. The only problem for the bulls was that it really paled in comparison to the swift declines of the past three sessions. We saw a small gap higher to begin the - [Tuesday Tell is Wednesday's Weakness - Blueprint 1-29-2014](https://thestockbandit.com/blueprint-1-29-2014/) - Good evening StockBandits! Tuesday's inside day was lacking in several regards, as discussed here last night. Not only did price fail to recover the prior day's losses (which would not be out of the question on an upside reversal day), but we also saw the averages unable to reclaim recently broken important levels - all - [Less than Super - Blueprint 2-2-2014](https://thestockbandit.com/blueprint-2-2-2014/) - Good evening StockBandits! The correction continued to run its course last week despite a couple of attempts to bounce. Oversold conditions led to lifts on Tuesday and Thursday, but in each case the upside failed to produce follow through the following session. The indexes are still hovering near key levels, making the week ahead a - [Panic Monday - Blueprint 2-3-2014](https://thestockbandit.com/blueprint-2-3-2014/) - Good evening StockBandits! A flat open this morning quickly turned into a trend day to the downside as early weakness prompted more selling. A poor ISM number was fuel to the fire with stocks making immediate new lows on the news. From there, each successive bounce was sold with zero letup. About the only relief - [Unconvincing - Blueprint 2-4-2014](https://thestockbandit.com/blueprint-2-4-2014/) - Good evening StockBandits! Oversold conditions at last night's close left bargain-hunters and bears looking to buy, and a gap higher this morning set the tone for the session as a snapback rally ensued. It only lasted about half the session before things cooled off, with stocks churning and drifting slightly back down for the final - [Wild Wednesday - Blueprint 2-5-2014](https://thestockbandit.com/blueprint-2-5-2014/) - Good evening StockBandits! It was indeed a wild session today as stocks traded all over the map. In just the opening hour of the day, the NAZ left traders seasick. After a small gap down and a feeble attempt to fill the gap in the first few minutes, it quickly dropped another 27 points. That - [Buyers (Finally) Strike - Blueprint 2-19-2014](https://thestockbandit.com/blueprint-2-19-2014/) - Good evening StockBandits! Stocks failed from higher prices today to break the streak of advances as the buyers finally went on strike. Following a slightly soft open, the market rallied steadily for the opening hour to fill the gap and move into positive territory, but that marked the high of the day. From there, we - [Trap Set - Blueprint 2-23-2014](https://thestockbandit.com/blueprint-2-23-2014/) - Good evening StockBandits! The trap was set last week following an extended rally and then a hard Wednesday selloff. We saw a rebound on Thursday and attempt on Friday to follow through to the upside, but 3 of the 4 indexes I watch reversed lower on the final session of the week. The bulls either - [Peek-a-Boo Breakout - Blueprint 2-24-2014](https://thestockbandit.com/blueprint-2-24-2014/) - Good evening StockBandits! The weak finish on Friday gave the appearance of a tired market, but today it kicked off the new week with ample strength. Each of the averages posted solid gains, although they did see some late-day weakness. The two most notable events of the day were the NAZ reaching a new multi-year - [No Go - Blueprint 2-25-2014](https://thestockbandit.com/blueprint-2-25-2014/) - Good evening StockBandits! Stocks found rejection at key resistance areas today, unable to clear important zones of resistance. The S&P 500 again failed to hold 1850, the RUT was unable to break 1182 once more, and the DJIA fell back to the 16174 area. With the NAZ having broken out last week, it still has - [More Afternoon Weakness - Blueprint 2-26-2014](https://thestockbandit.com/blueprint-2-26-2014/) - Good evening StockBandits! Afternoon weakness has quickly become the new routine, and today we saw it again for the fourth straight session. Despite the indexes being able to finish slightly positive across the board, each of them ended well off their session highs. This crawl-across-the-finish-line habit is starting to sew some seeds of doubt. If - [All Eyes on Russia - Blueprint 3-2-2014](https://thestockbandit.com/blueprint-3-2-2014/) - Good evening StockBandits! Sometimes the market needs to break out before it can correct. We may have just seen that occur, although more evidence will be needed. The S&P 500 and RUT each reached new all-time highs last week while the NAZ painted new multi-year highs. Short-term, each was somewhat extended after a nearly nonstop - [Bids Temper Downside - Blueprint 3-3-2014](https://thestockbandit.com/blueprint-3-3-2014/) - Good evening StockBandits! The market gapped lower this morning after the weekend Russia/Ukraine concerns, leaving traders on the fence when deciding whether or not to buy the dip. We saw the gap met with no strength, and stocks soon slid further into late morning. Once a bounce finally arrived, it stuck, allowing prices to lift - [Teflon Tape - Blueprint 3-4-2014](https://thestockbandit.com/blueprint-3-4-2014/) - Good evening StockBandits! Teflon was developed by DuPont as a non-stick surface. In the case of a personality - or this market - it describes the way in which criticism fails to stick. The bears can point to the overbought rally or they can discuss geopolitical headwinds or economic concerns, and the media can attempt - [Hydration Station - Blueprint 3-5-2014](https://thestockbandit.com/blueprint-3-5-2014/) - Good evening StockBandits! Stocks took a much-needed breather today, pausing to rehydrate after Tuesday's fat gains. Rather than trend, today's tape was characterized by narrow, choppy ranges with prices moving laterally. There was no real attempt to build on yesterday's rally, but neither was there the threat of giving any of it back. Ultimately, we - [Old Age - Blueprint 3-9-2014](https://thestockbandit.com/blueprint-3-9-2014/) - Good evening StockBandits! The bull turned 5 last week, which is quite a feat. The run off the March 2009 low has been nothing short of amazing. The S&P 500 has nearly tripled off its low of 666.79, the RUT and NAZ have each more than tripled from their lows of 342.59 and 1265.52, respectively, - [Upward March - Blueprint 3-17-2014](https://thestockbandit.com/blueprint-3-17-2014/) - Good evening StockBandits! Overnight futures saw some initial weakness Sunday evening but ultimately the Crimea vote to become part of Russia was met with some aggressive buying. The tide turned positive during the night, and the strength persisted this morning to produce a gap higher and some follow through during the first 40 minutes of - [Charts on Demand 3-6-2014](https://thestockbandit.com/cod-3-6-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 2-27-2014](https://thestockbandit.com/cod-2-27-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 2-20-2014](https://thestockbandit.com/cod-2-20-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 2-13-2014](https://thestockbandit.com/cod-2-13-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 2-6-2014](https://thestockbandit.com/cod-2-6-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 1-30-2014](https://thestockbandit.com/cod-1-30-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 1-23-2014](https://thestockbandit.com/cod-1-23-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 1-16-2014](https://thestockbandit.com/cod-1-16-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 1-9-2014](https://thestockbandit.com/cod-1-9-2014/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 12-19-2013](https://thestockbandit.com/cod-12-19-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 12-12-2013](https://thestockbandit.com/cod-12-12-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 12-5-2013](https://thestockbandit.com/cod-12-5-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 11-7-2013](https://thestockbandit.com/cod-11-7-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 10-31-2013](https://thestockbandit.com/cod-10-31-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 10-24-2013](https://thestockbandit.com/cod-10-24-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 10-17-2013](https://thestockbandit.com/cod-10-17-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 10-10-2013](https://thestockbandit.com/cod-10-10-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 10-3-2013](https://thestockbandit.com/cod-10-3-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 9-26-2013](https://thestockbandit.com/cod-9-26-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 9-19-2013](https://thestockbandit.com/cod-9-19-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 9-12-2013](https://thestockbandit.com/cod-9-12-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 9-5-2013](https://thestockbandit.com/cod-9-5-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 8-29-2013](https://thestockbandit.com/cod-8-29-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 8-22-2013](https://thestockbandit.com/cod-8-22-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 8-15-2013](https://thestockbandit.com/cod-8-15-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 8-1-2013](https://thestockbandit.com/cod-8-1-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 7-25-2013](https://thestockbandit.com/cod-7-25-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 7-18-2013](https://thestockbandit.com/cod-7-18-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 6-27-2013](https://thestockbandit.com/cod-6-27-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [9 Years](https://thestockbandit.com/9-years/) - Today TheStockBandit turns 9, which is yet another big milestone I'm both thankful for and excited about! It was June 21, 2004 that I began putting out a nightly report via the website as opposed to just email as I had done for awhile prior to then. Since that day, the site has grown in - [Charts on Demand 6-13-2013](https://thestockbandit.com/cod-6-13-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 6-6-2013](https://thestockbandit.com/cod-6-6-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 5-30-2013](https://thestockbandit.com/cod-5-30-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 5-23-2013](https://thestockbandit.com/cod-5-23-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 5-16-2013](https://thestockbandit.com/cod-5-16-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 5-9-2013](https://thestockbandit.com/cod-5-9-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 5-2-2013](https://thestockbandit.com/cod-5-2-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 4-25-2013](https://thestockbandit.com/cod-4-25-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 4-18-2013](https://thestockbandit.com/cod-4-18-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 4-11-2013](https://thestockbandit.com/cod-4-11-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 4-4-2013](https://thestockbandit.com/cod-4-4-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 3-28-2013](https://thestockbandit.com/cod-3-28-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills as you stay objective and identify areas of support, resistance, momentum or apathy on the charts. Thanks - [Charts on Demand 3-21-2013](https://thestockbandit.com/cod-3-21-2013/) - Good evening StockBandits! Before I forget, here's the updated table for my swing trades: With that part out of the way, welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading - [Charts on Demand 3-14-2013](https://thestockbandit.com/cod-3-14-2013/) - Good evening StockBandits! Before I forget, I wanted to be sure to let you know I made a couple of small adjustments to the Swings tonight, so here's the updated spreadsheet: With that part out of the way, welcome to this week's Charts on Demand video where I share my thoughts on your charts! Through - [Charts on Demand 3-7-2013](https://thestockbandit.com/cod-3-7-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! I certainly don't have all the answers, but I'll call it like I see it in hopes of sharing some insights. My hope is that this will provide you with some deeper education to improve your - [Charts on Demand 2-28-2013](https://thestockbandit.com/cod-2-28-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! I certainly don't have all the answers, but I'll call it like I see it in hopes of sharing some insights. My hope is that this will provide you with some deeper education to improve your - [Charts on Demand 2-21-2013](https://thestockbandit.com/cod-2-21-2013/) - Good evening StockBandits! Before I forget, I'll be closing out BIG at some point on Friday as earnings are due out next week (Monday according to Yahoo! Finance), so watch Twitter or your inbox for a notice. Welcome to this week's Charts on Demand video where I share my thoughts on your charts! I certainly - [Charts on Demand 2-14-2013](https://thestockbandit.com/cod-2-14-2013/) - Happy Valentine's Day StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! I certainly don't have all the answers, but I'll call it like I see it in hopes of sharing some insights. My hope is that this will provide you with some deeper education to improve - [Charts on Demand 2-7-2013](https://thestockbandit.com/cod-2-7-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! I'm also going to spend the opening couple of minutes this week discussing the swing trades, so if you want an update on those here it is. As always, I don't have all the answers, but - [Charts on Demand 1-31-2013](https://thestockbandit.com/cod-1-31-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! As always, I don't have all the answers, but I'll call it like I see it in hopes of sharing some insights. My hope is that this will provide you with some deeper education to improve - [Charts on Demand 1-24-2013](https://thestockbandit.com/cod-1-24-2013/) - Good evening StockBandits! Welcome to this week's Charts on Demand video where I share my thoughts on your charts! As always, I don't have all the answers, but I'll call it like I see it in hopes of sharing some insights. My hope is that this will provide you with some deeper education to improve - [Charts on Demand 1-17-2013](https://thestockbandit.com/cod-1-17-2013/) - Good evening StockBandits! Welcome to the first of the weekly videos on YOUR Charts! I've been wanting to start this charts-on-demand feature here because I know it will prove insightful for you and this is one aspect of your learning that just cannot be ignored. I can share the best charts with you on the - [Big News!](https://thestockbandit.com/big-news-jan-2013/) - Change is something that often intimidates people, but they're pessimists! Today, it means opportunity. It's time for some changes around here, and you're going to love them. We're improving the premium service we offer in a few ways. The quick version is that it's going to be more useful, more convenient, more educational, and cheaper, - [4 Big Improvements](https://thestockbandit.com/4-big-improvements-01142013/) - I've mentioned lately a few times that some changes were in the works, and today they are complete! These were based on a number of things, including your feedback and recent survey, as well as your use of the site. I'm very excited about them, and you should be too! Here's the quick rundown on - [Bandit Broadcast for 12-23-2012](https://thestockbandit.com/broadcast-12-23-2012/) - Good evening StockBandits! Last week stocks lifted nicely from support zones which were tested on the previous Friday, and some upside momentum was found. Follow through buying took each of the averages to new recovery levels, leaving the November lows as a seemingly distant memory. A Wednesday reversal marked the highs, however, and then when - [Bandit Broadcast for 1-13-2013](https://thestockbandit.com/broadcast-1-13-2013/) - Good evening StockBandits! Following the sharp lift which began from key support levels on New Year's Eve, stocks were primed for a rest and/or some profit-taking heading into last week. However, the bulls just couldn't help themselves and once again produced modest lifts across the board. That meant a 53-point advance for the DJIA, more - [Bandit Broadcast for 1-9-2013](https://thestockbandit.com/broadcast-1-9-2013/) - Good evening StockBandits! The bulls faced an excellent opportunity to press their short-term edge today with some early strength. Although I won't say they wasted the opportunity, I should note that they certainly didn't make the most of it. The highs of the session were set relatively early in the day, and for the final - [Bandit Broadcast for 1-8-2013](https://thestockbandit.com/broadcast-1-8-2013/) - Good evening StockBandits! Stocks pulled back a bit today with some profit-taking which took the indexes to 3- and 4-day lows, but afternoon strength lifted each of them off their worst levels to close only modestly red for the day. The NAZ partially filled the gap from last week, but hardly any progress was made - [Bandit Broadcast for 1-7-2013](https://thestockbandit.com/broadcast-1-7-2013/) - Good evening StockBandits! The rest phase which began last Thursday continued today as the indexes remained quietly beneath last week's highs. Each of them posted incremental declines for the session, yet finished off their lows to show an absence of heavy selling pressure. No momentum was seen in today's session with bulls waiting it out - [Bandit Broadcast for 1-6-2013](https://thestockbandit.com/broadcast-1-6-2013/) - Good evening StockBandits! For a holiday-shortened week, last week gave traders their money's worth with a giant reversal on Monday in anticipation of a fiscal cliff deal. Then we gapped significantly higher on Wednesday to kick off January, pushed even higher, then held there for Thursday and Friday. Profit-taking was essentially absent, despite the short-term - [Bandit Broadcast for 1-2-2013](https://thestockbandit.com/broadcast-1-2-2013/) - Good evening StockBandits! ** Thank you to those of you who have already taken the survey. In case you haven't already taken it, I want to ask you to answer just 5 questions. It'll take you 10 seconds (literally!), so do me a favor and take it right quick because I really value your feedback! - [Bandit Broadcast for 1-1-2013](https://thestockbandit.com/broadcast-1-1-2013/) - Happy New Year StockBandits! Before I get to the report, I want to ask you to answer a very short 5 question survey. It'll take you 10 seconds (literally!), so do me a favor and take it right quick because your feedback is valued here! Light holiday trading made for some mixed results over the - [Bandit Broadcast for 12-19-2012](https://thestockbandit.com/broadcast-12-19-2012/) - Good evening StockBandits! We pushed past Tuesday's highs temporarily for the NAZ & RUT, and tested those areas for the S&P 500 and DJIA today, but the buyers took a breather and some selling kicked in. Whether it was just too good of a 2-day move to ignore locking in some gains or if it - [Bandit Broadcast for 12-18-2012](https://thestockbandit.com/broadcast-12-18-2012/) - Good evening StockBandits! Today we saw some nice follow through to Monday's strength with another triple-digit DJIA gain and breakouts to new recovery highs across the board. The NAZ was the big headliner as it powered past 3040, a level which has proven to be both resistance and support since August. The RUT extended its - [Bandit Broadcast for 12-17-2012](https://thestockbandit.com/broadcast-12-17-2012/) - Good evening StockBandits! Monday optimism surfaced today to kick off the new week in a favorable way for the bulls as last week's pullback got met with bids. For the NAZ, that meant that the test of the 2961 support area was successful, and today it was healthy to see a lift within the range - [Bandit Broadcast for 12-16-2012](https://thestockbandit.com/broadcast-12-16-2012/) - Good evening StockBandits! The market action took a back seat on Friday, just as it should, to the horrific events in Connecticut. My heart breaks for those affected by the tragedy, and in this life there can be no sense made of something so awful. The prayers of my family are with them, and for - [Bandit Broadcast for 12-12-2012](https://thestockbandit.com/broadcast-12-12-2012/) - Good evening StockBandits! The FOMC came and went today, prompting some knee-jerk buying which ultimately ran into resistance. That was then met with some afternoon selling, bringing the indexes slightly negative (sans S&P 500) by the closing bell. There was no technical damage done, however, and the net changes for the day were of the - [Bandit Broadcast for 12-11-2012](https://thestockbandit.com/broadcast-12-11-2012/) - Good evening StockBandits! Bears blinked first, which isn't surprising given they have been knocked back in recent weeks with such a strong market bounce, and today we got a solid lift across the board. The small-caps and NAZ led the way with 1% gains while the blue chips gained about half that. Ultimately, it was - [Bandit Broadcast for 12-10-2012](https://thestockbandit.com/broadcast-12-10-2012/) - Good evening StockBandits! The market set both its high and low for today's session by 11am ET, then spent the remainder of the day zig-zagging between those levels. Modest gains were posted, but momentum was absent, making for a pretty dull day to kick off the new week. Traders seem to be waiting for the - [Bandit Broadcast for 12-9-2012](https://thestockbandit.com/broadcast-12-9-2012/) - Good evening StockBandits! The indexes marked time last week as the focus on Friday's jobs report proved meaningless. Once the pre-market number was released, futures shot higher to set up an opening gap to the upside, but the highs of the day were set in the opening minutes and ultimately the minor strength prompted selling - [Bandit Broadcast for 12-5-2012](https://thestockbandit.com/broadcast-12-5-2012/) - Good evening StockBandits! An upside gap this morning was unable to hold as traders used the strength for selling. The early gap fill evolved into a decent decline for stocks into mid-morning, but that was the end of the fun for bears. A bounce became a reversal with the S&P 500 and DJIA each proving - [Bandit Broadcast for 12-4-2012](https://thestockbandit.com/broadcast-12-4-2012/) - Good evening StockBandits! Stocks never got far from the flat line today after testing both sides of last night's closing levels. Momentum was completely absent, and instead was replaced with frequent changes of direction as traders remained largely on hold for Friday's jobs number as well as the ongoing fiscal cliff discussions. Interestingly, we've rallied - [Bandit Broadcast for 12-3-2012](https://thestockbandit.com/broadcast-12-3-2012/) - Good evening StockBandits! The market gapped higher this morning over optimism over a Spain bailout, but the highs were set early in the session. In fact, between the bells, all we saw was some steady selling which not only filled the opening gap but took the averages into the red by the end of the - [Bandit Broadcast for 12-2-2012](https://thestockbandit.com/broadcast-12-2-2012/) - Good evening StockBandits! The rally from the November lows continued last week with new recovery highs being set in every major index. Friday delivered some downside, but even then the selling was muted as buyers stepped in mid-day to provide support with bids just as they did earlier in the week. Ultimately, the averages finished - [Bounce Continues, Watch This Level](https://thestockbandit.com/update-11-29-2012/) - Good afternoon StockBandits! The market continues to gain ground with today's strength adding to the bounce which began two Fridays ago. The S&P tacked on 76 points since the intraday low on November 16th, which is nearly 6% in just 9 sessions. That's a pretty torrid pace for the blue chips, and the V-shaped lift - [Bandit Broadcast for 11-28-2012](https://thestockbandit.com/broadcast-11-28-2012/) - Good evening StockBandits! The pullback continued from Tuesday's downside reversal into this morning as the indexes began to see some profit-taking kick in. However, the buyers aggressively stepped in to cover shorts and add to longs, erasing the early losses en route to a solid gain by the end of the day with the DJIA - [Bandit Broadcast for 11-27-2012](https://thestockbandit.com/broadcast-11-27-2012/) - Good evening StockBandits! The NAZ and RUT each marked new bounce highs today from their November lows, only to reverse and finish negative on the day. The downside damage wasn't at all extensive, but the turnaround does point to some short-term fatigue setting in and perhaps it's the beginning of a more meaningful pullback. Meanwhile, - [Bandit Broadcast for 11-26-2012](https://thestockbandit.com/broadcast-11-26-2012/) - Good evening StockBandits! The indexes held their ground pretty well today despite short-term overbought conditions. The NAZ and RUT were able to post minor gains, while the S&P 500 and DJIA each saw incremental declines. Overall, it was a quiet session as traders waited for cues to become more aggressive, but those cues never emerged. - [Bandit Broadcast for 11-25-2012](https://thestockbandit.com/broadcast-11-25-2012/) - Good evening StockBandits! I hope your Thanksgiving week was excellent. The bulls no doubt had much to be thankful for after the recent selling scare left them looking rather passive. Instead of sticking with their routine from previous weeks of using any and all strength to raise more cash, last week the initial bounce found - [Bandit Broadcast for 11-20-2012](https://thestockbandit.com/broadcast-11-20-2012/) - Good evening StockBandits! Following Friday's reversal and Monday's big bounce, it would have been completely understandable to see the market give back a little ground today. The lifts from the lows of last week have come in V-shaped fashion, and uncertainty still abounds regarding the fiscal cliff despite renewed hopes this week for a resolution. - [Bandit Broadcast for 11-19-2012](https://thestockbandit.com/broadcast-11-19-2012/) - Good evening StockBandits! Stocks surged today as Friday's meager intraday upside reversal found follow through on hopes for a resolution to the fiscal cliff. Many names (and the indexes) have been badly beaten down of late, so a relief rally here comes right on time. The downside had become rather stretched, so the snapback scenario - [Bandit Broadcast for 11-14-2012](https://thestockbandit.com/broadcast-11-14-2012/) - Good evening StockBandits! Another opening gap was filled today, this time an upside gap which invited more selling. Stocks returned to the flat line as quickly as they could, moved negative, bounced once more to test the flat line at mid-day, then moved lower without ever looking back. By the closing bell, the RUT shed - [Bandit Broadcast for 11-13-2012](https://thestockbandit.com/broadcast-11-13-2012/) - Good evening StockBandits! Three of the big four indexes I watch reached new correction lows today, undercutting the lows of last week as continued concerns (Europe, fiscal cliff, etc.) crushed another bounce attempt. Stocks were off to a decent start into mid-day, filling what had been an opening gap to the downside completely before each - [Bandit Broadcast for 11-12-2012](https://thestockbandit.com/broadcast-11-12-2012/) - Good evening StockBandits! With banks being closed in observance of Veterans Day and bonds not trading, stocks had little to take cues from in today's session. With no negative weekend news, a positive open set the market off to a positive start, but it was quickly met with more selling and the opening gap was - [Bandit Broadcast for 11-11-2012](https://thestockbandit.com/broadcast-11-11-2012/) - Good evening StockBandits! The major indexes suffered last week as pre-election strength from Monday and Tuesday were quickly erased with post-election selloffs. The market clearly didn't like the outcome, and the fact that the biggest unknown of 2012 was behind us meant that the big unknown for January 1, 2013 - the fiscal cliff - - [Bandit Broadcast for 11-7-2012](https://thestockbandit.com/broadcast-11-7-2012/) - Good evening StockBandits! Traders showed great concern today post-election with an opening gap and lots of downside follow through. That resulted in the DJIA's worst session of 2012, taking it, the RUT, NAZ, and S&P 500 each to new correction lows. A mid-day bounce was feeble, erasing just a small portion of the morning losses - [Bandit Broadcast for 11-6-2012](https://thestockbandit.com/broadcast-11-6-2012/) - Good evening StockBandits! With expectations running high for a post-election bounce, stocks lifted today perhaps one session early as traders attempted to get positioned for a possible upside gap on Wednesday. That is, of course, provided that we have an outcome tonight. In the early going today, stocks gradually lifted before hitting their stride late - [Bandit Broadcast for 11-5-2012](https://thestockbandit.com/broadcast-11-5-2012/) - Good evening StockBandits! The market lifted cautiously today ahead of Election Tuesday with modest gains across the board. Momentum was absent, as expected, and instead we saw stocks grind their way higher after a choppy start and a mid-day pullback. In the end, the upside was muted, keeping near-term support within range . The choppy - [Bandit Broadcast for 11-4-2012](https://thestockbandit.com/broadcast-11-4-2012/) - Good evening StockBandits! Hurricane Sandy disrupted trading last week by preventing the exchanges from opening on Monday and Tuesday. It disrupted much more in the lives of individuals living in the NE, changing some forever and inconveniencing many millions more temporarily. As a result, the shortened trading week left stocks just 3 sessions to fluctuate - [Bandit Broadcast for 11-1-2012](https://thestockbandit.com/broadcast-11-1-2012/) - Good evening StockBandits! The market responded with growing strength today to early econ reports, turning the indexes up from their recent correction lows. It was a solid showing on the part of the bulls, who have largely been absent for the past couple of weeks. This gives us some short-term pivots to work from as - [Bandit Broadcast for 10-31-2012](https://thestockbandit.com/broadcast-10-31-2012/) - Good evening StockBandits! The market reopened today after its first 2-day weather suspension since 1888, and despite concerns from the past few days, it happened without a visible hitch. The pent-up orders from the weekend as well as Monday and Tuesday brought about an expected surge in volume at the opening bell, then we finished - [Let the Market Dictate Which Plays You're Learning](https://thestockbandit.com/let-market-dictate-plays-10-26-2012/) - Newer traders quickly learn that there are a multitude of strategies to employ and a variety of timeframes in which to apply them. And then they make a huge mistake: they try to learn them all simultaneously. Picking up new plays and honing skills takes time. You start out with one strategy and get better - [Bandit Broadcast for 10-28-2012](https://thestockbandit.com/broadcast-10-28-2012/) - Good evening StockBandits! The major indexes ended last week with a flat Friday, but that proved to be a quiet ending to an otherwise eventful week of trading. Each of the averages finished red as the NAZ dropped about 18, the DJIA gave up more than 230, the S&P shed about 22, and the RUT - [Bandit Broadcast for 10-24-2012](https://thestockbandit.com/broadcast-10-24-2012/) - Good evening StockBandits! The market gapped slightly higher today as some modest relief buying kicked in following yesterday's hard selloff. However, the strength didn't last long and the opening gap got filled before the morning was over. The averages crossed the flat line several times until the FOMC, then drifted a bit lower into the - [Bandit Broadcast for 10-23-2012](https://thestockbandit.com/broadcast-10-23-2012/) - Good evening StockBandits! Last night I noted here that yesterday's bounce appeared to be pretty "dead-cat" coming off a hard selloff from Friday and with weak upside volume. Not only did price only recover a portion of what was lost in the previous session, but it came from key support and did so on weak - [Bandit Broadcast for 10-22-2012](https://thestockbandit.com/broadcast-10-22-2012/) - Good evening StockBandits! Last week we saw the NAZ and RUT each finish lower after failing to maintain key levels, while the S&P 500 and DJIA were able to post incremental gains by holding above support. Today those support zones were breached as the senior indexes undercut 1426 and 13300, respectively. The catch-up attempt on - [Find a Way!](https://thestockbandit.com/find-a-way-10-22-2012/) - Years ago as an aspiring professional golfer, I had a conversation with a veteran (PGA) Tour player. I asked him what he thought some of the differences were between a guy like him and the guys on the next level down. Both might go out and shoot 65 on a given day, but what was - [Bandit Broadcast for 10-21-2012](https://thestockbandit.com/broadcast-10-21-2012/) - Good evening StockBandits! Friday of course marked the 25th anniversary of the 1987 crash, and the price action we saw was a bit of a somber tribute to that day. Right out of the gate, stocks came under pressure and stayed there for the remainder of the session. No meaningful attempt at a bounce was - [Bandit Chart Reviews 10-18-2012](https://thestockbandit.com/charts-10-18-2012/) - Here's a review of the stocks submitted by Bandits for review. Thank you to all who participated, and I hope you find it useful! By the way, I also take a look at the indexes and AGU (open swing position). Click full-screen in the player for best quality: [jwplayer config="CustomPlayer1" file="https://globalview.thestockbandit.tv/BB10182012.mp4" height=360 width=640 skin="https://thestockbandit.com/jwplayer/whotube.zip" image="https://thestockbandit.com/images/TSB-blackgold-640x360.jpg"] - [Chart Requests 10-18-2012](https://thestockbandit.com/chart-requests-10-18-2012/) - I'll be doing another chart review video for you Bandits this evening, so it's time to send in your requests. I'll add them to a watchlist and work through them on video, so if there are a couple of names you'd like me to cover, send 'em in! Either shoot me an email with the - [Bandit Broadcast for 10-17-2012](https://thestockbandit.com/broadcast-10-17-2012/) - Good evening StockBandits! The major indexes each finished in the green today, although none of them by much. It hardly qualified as follow through for most of them, although the RUT tacked on almost 1% to fill a gap from early October. This backing-and-filling type of action is healthy to see, and it's a part - [Bandit Broadcast for 10-16-2012](https://thestockbandit.com/broadcast-10-16-2012/) - Good evening StockBandits! As important as yesterday was for the bulls to make a stand at support, today proved equally meaningful as they produced some nice follow through strength. The indexes added 1% across the board, giving the market just a little more cushion between current prices and key support. That allows for some breathing - [Bandit Broadcast for 10-15-2012](https://thestockbandit.com/broadcast-10-15-2012/) - Good evening StockBandits! The market reversed its recent habit of early strength and late weakness today with a morning pullback and an afternoon rally which lifted the big 3 indexes off their short-term support zones. Volume was light, which should be a bit of a concern for the bulls. However, today's rebound took place where - [Bandit Broadcast for 10-14-2012](https://thestockbandit.com/broadcast-10-14-2012/) - Good evening StockBandits! The NAZ went 0-for-5 last week and the other indexes didn't fare much better as the major averages shed 2-3% across the board. The RUT broke support while each of the big 3 tested important short-term levels and currently stand just a few points above those zones as we head into Monday's - [Position Update 10-11-2012](https://thestockbandit.com/position-update-10-11-2012/) - AGU remains my only current open position, and it has been somewhat stagnant since triggering a buy for me early last week. The initial push through the trend line took the stock to a new high, but since then it has struggled to produce any follow through. The broad market has indeed suffered, and by - [Bandit Broadcast for 10-10-2012](https://thestockbandit.com/broadcast-10-10-2012/) - Good evening StockBandits! Bears are growling again tonight after the short-term pullback continued today despite an early attempt by the market to bounce. The NAZ actually spent a little time in positive territory, although it painted a red bar by day's end on the heaviest volume we've seen in almost two weeks. The S&P 500 - [Bandit Broadcast for 10-9-2012](https://thestockbandit.com/broadcast-10-9-2012/) - Good evening StockBandits! The major indexes each suffered declines today, led by of course the NAZ. I've noted here several times of late how the NAZ and RUT have lagged the senior DJIA and S&P 500 indexes, and today they were the first to break down from their short-term high level trading ranges. Volume also - [Bandit Broadcast for 10-8-2012](https://thestockbandit.com/broadcast-10-8-2012/) - Good evening StockBandits! Friday weakness carried over into today, although the selling pressure remained under control. The indexes slipped a bit further into mid-day before stabilizing and seeing a modest attempt to lift off their lows in the afternoon. It was a quiet and choppy session overall though, and the Columbus Day holiday certainly had - [Bandit Broadcast for 10-7-2012](https://thestockbandit.com/broadcast-10-7-2012/) - Good evening StockBandits! Last week ended with a big Presidential Debate and some economic data, and traders simply didn't know what to make of it all. The averages finished slightly higher on the week, although that can at least partially be attributed to bulls defending short-term support zones for the NAZ and RUT. Friday's action - [Bandit Chart Reviews 10-6-2012](https://thestockbandit.com/bandit-chart-reviews-10-6-2012/) - Here's a review of the stocks submitted by Bandits for review. Thank you to all who participated, and I hope you find it useful! Click full-screen in the player for best quality: [jwplayer config="CustomPlayer1" file="https://globalview.thestockbandit.tv/MV10062012.mp4" height=360 width=640 skin="https://thestockbandit.com/jwplayer/whotube.zip" image="https://thestockbandit.com/images/TSB-blackgold-640x360.jpg"] Trade Like A Bandit! Jeff - [Chart Requests 10-5-2012](https://thestockbandit.com/chart-requests-10-5-2012/) - One of the things I enjoyed about speaking in Philadelphia a couple of weeks ago was the chance to review many charts from attendees in the room. I had them throw out the tickers they wanted to review, popcorn style, and added them all into a big watchlist. Then I just worked through the watchlist - [Bandit Broadcast for 10-3-2012](https://thestockbandit.com/broadcast-10-3-2012/) - Good evening StockBandits! Modest upside was seen today as follow through to Tuesday's lift from support (NAZ), although the bulls haven't given themselves a lot of breathing room in the short term for the more speculative indexes (NAZ and RUT). The blue-chip averages are currently sitting more in the center of their respective trading ranges, - [Bandit Broadcast for 10-2-2012](https://thestockbandit.com/broadcast-10-2-2012/) - Good evening StockBandits! The market posted its high for today's session early in the day, just as it has so many times of late, then slid into the red until the final hour of trading. From there, we saw a sharp bounce which lifted the indexes off their worst levels and took the NAZ, RUT - [Bandit Broadcast for 10-1-2012](https://thestockbandit.com/broadcast-10-1-2012/) - Good evening StockBandits! Welcome to Q4, and if today was any indication of what's to come, it will be a fun one! An overnight reversal in the futures left stocks heading higher at the open this morning, then they got a nice boost to new session highs at 10am ET with the ISM release, but - [Bandit Broadcast for 9-30-2012](https://thestockbandit.com/broadcast-9-30-2012/) - Good evening StockBandits! It's great to be back in the routine after a week away. During that time, I met some great people in Philadelphia, cheated death on a frightening flight from there to Orlando, and then survived a week at Disney! It's been a memorable little excursion from the market, but I'm eager to - [Bandit Broadcast for 9-23-2012](https://thestockbandit.com/broadcast-9-23-2012/) - Good evening StockBandits! Stocks closed Friday on a weak note after pulling back from their mid-session highs, leaving them with mixed results and narrow net changes from Thursday night's levels. For the week, the indexes simply marked time as they digested the QE3 pop. That was not a poor showing by the bulls, but neither - [Bandit Broadcast for 9-19-2012](https://thestockbandit.com/broadcast-9-19-2012/) - Good evening StockBandits! The bulls and bears essentially fought to a draw again today as the market finished the day mixed and little-changed from yesterday's levels. The short-term highs which were established last week are still intact, as are the flag and pennant patterns which have emerged on the index charts over the past couple - [Bandit Broadcast for 9-18-2012](https://thestockbandit.com/broadcast-9-18-2012/) - Good evening StockBandits! The major indexes churned again today within very narrow intraday ranges to mark their second day of digestion since last week's run-up. There was zero momentum to be found between the opening and closing bells, and the range actually contracted as the day progressed. Needless to say, it was a dull session - [Bandit Broadcast for 9-17-2012](https://thestockbandit.com/broadcast-9-17-2012/) - Good evening StockBandits! Today we saw a quiet decline take place as a soft open and some minor selling left the indexes in the red, but only by a few points. Overall, there was no change of character, and there was no urgency to the selling. The downside was contained with orderly profit-taking which never - [Philadelphia This Weekend](https://thestockbandit.com/philadelphia-live-09172012/) - I just wanted to let you know that I'm heading to Philadelphia at the end of the week. If you're a Philadelphia trader or are located in the surrounding area, make plans this Friday September 21st or Saturday September 22nd to attend the Worden Conference where I'll be presenting live alongside Peter Worden. On both - [Bandit Broadcast for 9-16-2012](https://thestockbandit.com/broadcast-9-16-2012/) - Good evening StockBandits! The major indexes ramped higher last week despite a Monday hiccup, each hitting new multi-year highs by the end of the week. Thursday's FOMC announcement of QE3 rocked the shorts and sent stocks flying with follow through on Friday. The short-term rest we had seen mid-week was healthy as the NAZ pulled - [HAR Trade Review](https://thestockbandit.com/har-trade-review-09162012/) - I don't even know how many charts I've read over the years, but there are a couple of commas involved. I've been able to identify quite a few patterns and benefit from them, and of course I've been wrong a lot too. What's funny is that in this game, as long as you're managing your - [AMGN Trade Review](https://thestockbandit.com/amgn-trade-review-09142012/) - If you're looking for excitement, this isn't a post for you. This is a recap of a trade which actually yielded nothing - but there were some good lessons tied to it. Plus, I certainly wouldn't be bragging about a breakeven trade. The Setup Let's go back to August 12th, the day I originally listed - [Positions Update 9-13-2012](https://thestockbandit.com/positions-9-13-2012/) - Good evening StockBandits! Just wanted to give a position update tonight (since there is no Broadcast) on the heels of a big day in the market. The Fed initiated QE3, which means more of the monetary stimulus that stocks love. The promise to keep rates low means money has one place to go for those - [Recovery Setup in the Energy Sector 9-13-2012](https://thestockbandit.com/recovery-setup-9-13-2012/) - One stock on my radar right now is Northern Oil and Gas - NOG. Having emerged from a 48.5% correction from the January high to the July low, the stock has seemingly turned the corner technically. A quiet lift into mid-August was met with only limited selling pressure on weak volume. That carved out a - [Bandit Broadcast for 9-12-2012](https://thestockbandit.com/broadcast-9-12-2012/) - Good evening StockBandits! Today we saw all eyes on AAPL with the unveiling of the iPhone 5, which really was a non-event. Pretty much everything which was anticipated ahead of the event happened, so I was a little surprised to not see a sell-the-news response to it. I suspect much of that was due to - [Bandit Broadcast for 9-11-2012](https://thestockbandit.com/broadcast-9-11-2012/) - Good evening StockBandits! The market stopped the bleeding from Monday today to prevent the selloff from gaining any momentum, but all in all it was a quiet session with prices just churning above the flat line. The DJIA reclaimed 13300, but nothing else took place which was technically notable. We have a highly-anticipated AAPL event - [When Resistance Becomes Support](https://thestockbandit.com/resistance-becomes-support-09112012/) - Levels on a chart become more valid with every touch. Whether it's a trend line or a lateral level, each time price respects it, it adds credibility. One thing I watch for frequently is for lateral support/resistance levels, and specifically when they've flip-flopped their roles. By that I mean a level which had been support - [Put this Cup & Handle Candidate on Watch](https://thestockbandit.com/cup-handle-watch-09112012/) - Cup and handle patterns are often thought to be found by traders who disregard the need for the pattern to be found within an uptrend. It's a requirement for the pattern though, so when you think you see one, check the trend. SNI is a stock that appears to be gearing up for a potential - [Bandit Broadcast for 9-10-2012](https://thestockbandit.com/broadcast-9-10-2012/) - Good evening StockBandits! The major indexes came under some minor pressure today as the NAZ, the S&P 500 and the DJIA each turned away from their new 52-week highs. The NAZ led the way lower, giving up 1% to come back and test the 3100 area, and the S&P 500 painted a small bearish engulfing - [Put DKS on the Radar](https://thestockbandit.com/put-dks-on-the-radar/) - A big element of trading the technicals effectively is having the ability to identify patterns which are under construction. Taking note of stocks which are in the development stage of their patterns helps not only in recognizing key levels to keep an eye on, but also in monitoring the price action before the stock comes - [Bandit Broadcast for 9-9-2012](https://thestockbandit.com/broadcast-9-9-2012/) - Good evening StockBandits! The market exploded to the upside (FINALLY!) on Thursday on the heels of more positive news out of Europe, this time related to a bond program. Regardless of the news, the response to it was what mattered most as the NAZ and S&P both broke to new 52-week highs. By Friday's close, - [Patience Pays in Penney](https://thestockbandit.com/patience-pays-in-penney/) - Thursday allowed me to close out an excellent 11-day trade in JCP which paid 12.9%. As simple as that sounds, there were several steps involved, including patience, so I wanted to walk you through the process of this trade from beginning to end in hopes of helping you with your next position. Perking Up With - [Bandit Broadcast for 9-5-2012](https://thestockbandit.com/broadcast-9-5-2012/) - Good evening StockBandits! Today the market averages spent the session caught in narrow ranges, unable to gain any traction in either direction. The net result was another day of rest with no meaningful progress being made. This leaves the indexes caught in zones of indecision, yet not far from highs. The bulls are still in - [Bandit Broadcast for 9-4-2012](https://thestockbandit.com/broadcast-9-4-2012/) - Good evening StockBandits! The market tested its lows from last week in early trading today as a sour mood kicked off the holiday-shortened trading week. The bulls defended those levels, however, resulting in a nice rebound from the morning lows and an intraday reversal of trend. In the end, the averages didn't achieve much in - [Keep These Breakout Candidates on the Radar](https://thestockbandit.com/breakout-candidates-09-04-2012/) - With the indexes sitting not far from 52-week highs, a number of individual names are also pressuring longer-term resistance zones. I wanted to share a few breakout candidates I'm watching which belong on the radar in the days and weeks ahead. AIG is acting well with a high Cup and Handle pattern, and is actually - [Bandit Broadcast for 9-3-2012](https://thestockbandit.com/broadcast-9-3-2012/) - Good evening StockBandits! The major indexes weren't able to make any meaningful progress last week ahead of the 3-day weekend, and instead finished near the previous Friday's closing levels. On a net basis, the big 3 gave up just a few points, while the RUT added a few. All in all, it was another week - [Southbound TRIP](https://thestockbandit.com/southbound-trip/) - TRIP saw a big negative change of character in late July with a big downside gap on heavy volume. The initial recovery attempt fell right on its face with the creation of new correction lows just three weeks later, highlighting the importance of avoiding the long side after a trend shift. Currently, the stock is - [Watching LVS & WYNN Develop](https://thestockbandit.com/watching-lvs-wynn-develop/) - Casino stocks have seen a marked improvement in their price action over the past month. A couple of them looked like death, but alas, they have perked back up and shifted their path of least resistance. Two names in particular are LVS and WYNN, both of which have seen very constructive price action in recent - [Bandit Broadcast for 8-29-2012](https://thestockbandit.com/broadcast-8-29-2012/) - Good evening StockBandits! Operation Dull Market continued today as the major averages sat for the third straight day in narrow intraday ranges. Each of them were able to finish incrementally positive, with the NAZ actually making a new recovery high on a closing basis. However, all remain shy of last week's intraday highs, leaving them - [Under Armour Over Achieving](https://thestockbandit.com/under-armour-over-achieving/) - Relative strength is always applicable when comparing a stock with the overall market, or with its competitors. In the case of UA, we've seen clear outperformance and plenty of relative strength compared to its senior rival, NKE. Since the beginning of the year, UA has tacked on 61%, while NKE has added a measly 2%. - [Confirmed Trend Change for VZ](https://thestockbandit.com/confirmed-trend-change-vz/) - The double top pattern - like the double bottom pattern - is over-diagnosed. Anytime a stock challenges a previous high, the amateur technician jumps at the chance to declare a double top in the making. And generally they're premature in doing so. But the professional takes a different approach. Rather than seeking to be the - [Bandit Broadcast for 8-28-2012](https://thestockbandit.com/broadcast-8-28-2012/) - Good evening StockBandits! Today was round 2 of "watching paint dry ahead of the Fed" as we saw another very narrow, choppy range and virtually no movement on a net basis from yesterday's closing levels. All eyes are clearly on Friday's main event, and volume is proving that with well-below-average levels. Momentum is a distant - [Bandit Broadcast for 8-26-2012](https://thestockbandit.com/broadcast-8-26-2012-2/) - Good evening StockBandits! The major indexes reached for new recovery highs last Tuesday (and 52-week highs in the case of the S&P 500 and DJIA), and then promptly pulled back. The damage from the selling was contained, however, as not only was the pace of the decline steady but we saw the bulls step in - [Bandit Broadcast for 8-27-2012](https://thestockbandit.com/broadcast-8-27-2012/) - Good evening StockBandits! The market never could get going in either direction today, instead staying range-bound for a "dog days of summer" type of session. In the end, the S&P 500 finished lower by less than a single point after spending 6 1/2 hours in a 7-point intraday range. It was a day to do - [Bandit Broadcast for 8-22-2012](https://thestockbandit.com/broadcast-8-22-2012/) - Good evening StockBandits! The market dipped slightly again this morning, but the selling never gathered any steam and ultimately prices were supported. The S&P 500 finished virtually unchanged again, closing for the fifth straight session in a 5-point range between 1413 and 1418. Volume was quiet to go along with the minor changes in price, - [Bandit Broadcast for 8-21-2012](https://thestockbandit.com/broadcast-8-21-2012/) - Good evening StockBandits! The major indexes reached a short-term climax today as new 52-week highs were seen in the S&P 500 before some profit-taking kicked in. The early action favored the bulls, but a mid-morning pullback became a reversal and ultimately the market finished lower. I had mentioned a couple of nights ago the possibility - [Bandit Broadcast for 8-20-2012](https://thestockbandit.com/broadcast-8-20-2012/) - Good evening StockBandits! The S&P 500 was reluctant to make a run at the 52-week high of 1422 today, and in the early going we saw some mild profit-taking. True to recent form, however, the bulls stepped in to buy the weakness, creating a slow grind back up near the flat line by the end - [Bandit Broadcast for 8-19-2012](https://thestockbandit.com/broadcast-8-19-2012/) - Good evening StockBandits! The bulls capped off an important week on Friday with a quiet rally on option expiration day which took the market out on its highs at the closing bell. Early in the week we saw a continuation of the rest phase which had started the previous week to digest the early August - [Bandit Broadcast for 8-15-2012](https://thestockbandit.com/broadcast-8-15-2012/) - Good evening StockBandits! Just when we got used to the market reversing every few days, suddenly we're caught in a short-term range and seemingly handcuffed, unable to gather momentum in either direction. That's how the market tends to be, but it's not a problem. It simply requires some adaptation on our part as traders, so - [Bandit Broadcast for 8-14-2012](https://thestockbandit.com/broadcast-8-14-2012/) - Good evening StockBandits! The rest phase continued today with the market attempting to push higher into mid-day, only to drift back down to the flat line by day's end. Incremental new recovery highs were made for the big 3 averages, but we finished closer to the low end of the session range than the high. - [Bandit Broadcast for 8-13-2012](https://thestockbandit.com/broadcast-8-13-2012/) - Good evening StockBandits! Morning weakness was met with mid-day support today, with steady afternoon buying essentially making up the difference. In the end, the V-shaped session left the indexes little-changed and right in the midst of their 5-day consolidation patterns. This equates to another day of rest for the market, although the aggressive buying on - [Bandit Broadcast for 8-12-2012](https://thestockbandit.com/broadcast-8-12-2012/) - Good evening StockBandits! The major indexes entered last week on the heels of a big jump higher the previous Friday (Aug 3rd). That bounce took place after yet another multi-day pullback, so the bulls defended once more. Last week we saw Monday and Tuesday strength as the bulls followed through, taking the big 3 averages - [Bandit Broadcast for 8-8-2012](https://thestockbandit.com/broadcast-8-8-2012/) - Good evening StockBandits! It was an uneventful, inside day today in the market as the major averages paused to digest the strength of the previous few sessions. After a big lift going back to last Friday, the bulls had reason to pause and rest, and that's what they did. Rather than chasing prices higher, particularly - [Bandit Broadcast for 8-7-2012](https://thestockbandit.com/broadcast-8-7-2012/) - Good evening StockBandits! The bulls pressed their short-term edge again today despite yet another late-day pullback. We've seen late weakness for three straight sessions now, but in every case the indexes rallied solidly. We now sit 2-4% higher across the board, with the big 3 averages at new recovery highs as compared to the June - [Bandit Broadcast for 8-6-2012](https://thestockbandit.com/broadcast-8-6-2012/) - Good evening StockBandits! The market saw a positive open this morning with a small gap higher and some follow through buying. Stocks trended higher into early afternoon before settling into a high-level trading range, only to stumble a bit into the bell and give back some of the morning gains. Ultimately, it was a positive - [Bandit Broadcast for 8-5-2012](https://thestockbandit.com/broadcast-8-5-2012/) - Good evening StockBandits! Last week proved interesting with a Monday-Thursday decline on the NAZ which was promptly erased with a huge lift on Friday. The DJIA and S&P saw similar moves as the bulls once again asserted themselves on a multi-day dip. The creation of short-term higher highs confirms yet another (5th) higher low for - [Bandit Broadcast for 8-1-2012](https://thestockbandit.com/broadcast-8-1-2012/) - Good evening StockBandits! The major indexes marked their highs of the day early in the session today as the initial upbeat tone gave way to selling both before and after the Fed. The FOMC brought about the usual hiccups with traders apparently not quite sure what to make of the news. Initially we saw selling, - [Bandit Broadcast for 7-31-2012](https://thestockbandit.com/broadcast-7-31-2012/) - Good evening StockBandits! The major indexes posted modest declines today as they retreated just a bit more from the intraday highs set on Monday. Volume did perk up, but it wasn't enough to suggest a big change of character taking place - particularly since the selling wasn't heavy. This is exactly the kind of profit-taking - [Bandit Broadcast for 7-30-2012](https://thestockbandit.com/broadcast-7-30-2012/) - Good evening StockBandits! Last night I mentioned after the big bounce of the previous sessions that a rest and/or pullback would come as no surprise, and today that's what we saw. Technically, the indexes retreated as they posted net changes in the red, but the declines were so minor it was really just a day - [Bandit Broadcast for 7-29-2012](https://thestockbandit.com/broadcast-7-29-2012/) - Good evening StockBandits! Heading into last week, the indexes looked to be starting a rest phase with a hard pullback on the previous Friday. That weakness carried over into Monday, and the selling didn't let up until Wednesday. The focus was on some key earnings reports, but what really stole the show was positive news - [Bandit Broadcast for 7-25-2012](https://thestockbandit.com/broadcast-7-25-2012/) - Good evening StockBandits! The weak after-hours price action from last night was erased this morning as the futures rallied into the opening bell for stocks. The NAZ only gapped down slightly, and just a few minutes later each of the indexes were in the green. That strength evaporated, however, and the averages (with the exception - [Bandit Broadcast for 7-24-2012](https://thestockbandit.com/broadcast-7-24-2012/) - Good evening StockBandits! Continued weakness handed the market averages their third consecutive decline today with each of them posting losses of about 1%. The big three were able to finish above Monday's lows, although each of them broke those levels before a late-day bounce provided a modest lift from the lows. That's one more example - [Bandit Broadcast for 7-23-2012](https://thestockbandit.com/broadcast-7-23-2012/) - Good evening StockBandits! The new week picked up where last week left off as heavy selling pressure at the open produced a big downside gap. The indexes suffered drops of close to 2% in the early going before finding some bids to end the day well off their lows. In the end, it was still - [Bandit Broadcast for 7-22-2012](https://thestockbandit.com/broadcast-7-22-2012/) - Good evening StockBandits! Despite a hard pullback on Friday, the market did some constructive things last week with gains in the big 3 and new bounce highs for the DJIA and S&P 500. The bulls confirmed the third higher low on both those indexes as new recovery highs were made. The NAZ also made progress - [Bandit Broadcast for 7-18-2012](https://thestockbandit.com/broadcast-7-18-2012/) - Good evening StockBandits! A soft open was met with aggressive buying this morning as the indexes vaulted into the green. The initial burst of buying took the S&P right to 1370 (the Bin Laden high from May 2, 2011) before a brief rest kicked in. That was merely a pause, however, as the market continued - [Bandit Broadcast for 7-17-2012](https://thestockbandit.com/broadcast-7-17-2012/) - Good evening StockBandits! A gap up open this morning was quickly sold as traders saw a chance to lighten up into strength ahead of Bernanke's testimony before Congress. The result was the erasure of early gains and some continuation well into the red. A V-shaped bounce was met not with selling but with some basing - [How to Dodge Doubt in Your Trading](https://thestockbandit.com/dodge-doubt/) - "Quite some time...I been sittin it out...didn't take no chances...was a prisoner of doubt." - Straight On (Heart) In a previous post, I covered some of the steps necessary to recover from deep trading wounds and what it involves to start moving past the pain and toward progress again. Taking a big hit in your - [Bandit Broadcast for 7-16-2012](https://thestockbandit.com/broadcast-7-16-2012/) - Good evening StockBandits! The averages weren't able to add to their gains from Friday's relief bounce in today's session, but they did hold onto them rather well. The entire session was characterized by a lack of conviction on the part of both buyers and sellers, and in the end it showed with minor net changes. - [Bandit Broadcast for 7-15-2012](https://thestockbandit.com/broadcast-7-15-2012/) - Good evening StockBandits! Friday broke a 6-day losing streak for the S&P 500, and it did so in style. A positive tone in the early going was quickly met with aggressive buying right off the open, and the market never looked back. In the end, gains of 1-2% were posted across the board. Last week - [Bandit Broadcast for 7-11-2012](https://thestockbandit.com/broadcast-7-11-2012/) - Good evening StockBandits! Early indecision gave way to some weakness mid-morning, sending the indexes into the red as they continued their retreat from their highs set last week. That brought about a break of both 2887 (NAZ) and 1335 (S&P 500), but neither could stick as those levels got defended. We saw a big spike - [Bandit Broadcast for 7-10-2012](https://thestockbandit.com/broadcast-7-10-2012/) - Good evening StockBandits! Stocks came under pressure today after having traded higher in the morning, giving up their early gains with an ugly downside reversal. This continues the pullback from last week's highs, of course, although we've still not yet seen a big change of character. Today's volume picked up a bit, but was just - [Bandit Broadcast for 7-9-2012](https://thestockbandit.com/broadcast-7-9-2012/) - Good evening StockBandits! Stocks struggled to gather momentum in either direction today, starting off the new week with some sluggish price action. Early weakness set the tone, and although the indexes failed to really break down, they nonetheless remained in the red. Buyers were once again present, however, preventing a deeper decline and containing the - [Bandit Broadcast for 7-8-2012](https://thestockbandit.com/broadcast-7-8-2012/) - Good evening StockBandits! For a holiday week, last week provided some fireworks in more ways than one. Aside from the July 4th festivities (which I hope you enjoyed safely), we saw the major averages push to new recovery highs off their June lows, then give back a little ground late in the week. On a - [Bandit Broadcast for 7-4-2012](https://thestockbandit.com/broadcast-7-4-2012/) - Good evening StockBandits! Happy July 4th! We live in a wonderful place, and although some like to complain about political issues and/or the state of the economy, the fact is that we enjoy numerous freedoms as citizens of the United States and we are blessed to call it home. That's reason enough to be thankful. - [Bandit Broadcast for 7-2-2012](https://thestockbandit.com/broadcast-7-2-2012/) - Good evening StockBandits! With the market lifting so rapidly to finish out last week, a day of rest and digestion was not at all out of the question (as noted here last night). Today we got that as the indexes finished mixed with the bulls taking a bit of a deserved breather. The RUT led - [Bandit Broadcast for 7-1-2012](https://thestockbandit.com/broadcast-7-1-2012/) - Good evening StockBandits! Stocks tested the downside last week with a harsh decline Monday and another Thursday morning before turning sharply higher from there. A late-day lift on Thursday was followed by a big opening gap to the upside Friday as the market celebrated positive news from the European Union. We then saw some continuation - [An Open Challenge](https://thestockbandit.com/an-open-challenge/) - In recent weeks, I've had correspondence with several subscribers who have been struggling - not so much in their overall profitability, but in their own personal confidence level in the markets. Things such as... Taking trades. To shoot straight with you, good trading does not boil down to perfection or anything close to it. So - [Bandit Broadcast for 6-27-2012](https://thestockbandit.com/broadcast-6-27-2012/) - Good evening StockBandits! Stocks followed through on the heels of Tuesday's strength, helping the indexes recover further from their recent retreat. The 2-day advance has helped to erase most of the losses from Monday (the RUT recovered completely), and helps the short-term higher-low scenario. Volume was quiet, as expected, most likely due to the approaching - [I Like This Channel Play](https://thestockbandit.com/i-like-this-channel-play/) - F is caught in a trading range at the moment, which is not much different from the one which lasted nearly 3 months earlier this year. The previous range was from $12-13, whereas the current range is from $10-11. I also like the fact that the current range is less than 2 months old. There - [Bandit Broadcast for 6-26-2012](https://thestockbandit.com/broadcast-6-26-2012/) - Good evening StockBandits! The indexes rebounded slightly today to recover a portion of what was given back in Monday's meltdown. Volume remained lackluster, however, which is probably indicative of what we could see for the next 1 1/2 weeks until July 4th is well behind us. Nonetheless, buyers stepped in and the averages were able - [Bandit Broadcast for 6-25-2012](https://thestockbandit.com/broadcast-6-25-2012/) - Good evening StockBandits! The indexes gapped lower to kick off the new week on a sour note, and then more selling hit the tape. No attempt whatsoever was made to fill the opening gap as stocks instead gave up more ground as the morning progressed. We did see a bit of stabilization set in mid-day, - [Bandit Broadcast for 6-24-2012](https://thestockbandit.com/broadcast-6-24-2012/) - Good evening StockBandits! Stocks vacillated last week with a blend of momentum, gaps, strength and weakness, with the indexes ultimately finishing mixed. The NAZ and RUT were able to gain a little ground while the DJIA and S&P lost a little as indecision largely won out. We saw the market respond positively to the Greek - [Bandit Broadcast for 6-20-2012](https://thestockbandit.com/broadcast-6-20-2012/) - Good evening StockBandits! The week's main event took place today with the FOMC announcement, and in the end it was a non-event. The afternoon was characterized by sharp moves which didn't last long, which was reminiscent of the Fed days of old. None of the spikes in price were able to stick and each simply - [Bandit Broadcast for 6-19-2012](https://thestockbandit.com/broadcast-6-19-2012/) - Good evening StockBandits! Stocks lifted further today ahead of tomorrow's FOMC with the DJIA nearly posting a triple-digit gain while the other indexes tacked on 1-2% each. Key levels were once again in play as the RUT was able to clear another and the S&P, DJIA and NAZ all approached their respective resistance zones before - [Bandit Broadcast for 6-18-2012](https://thestockbandit.com/broadcast-6-18-2012/) - Good evening StockBandits! The Greek parliamentary elections which were so highly anticipated resulted in a non-event for the market. Once the futures opened for trading Sunday evening, we saw early strength which gradually eroded during the night, and by the time the opening bell for stocks came around we actually got a small gap lower - [Bandit Broadcast for 6-17-2012](https://thestockbandit.com/broadcast-6-12-2012-2/) - Happy Father's Day StockBandits! As a dad of 2 little boys, I am learning just how much effort is required to be a good dad! To those of you who are more experienced than me, I want you to know you are appreciated....enjoy your day! Now to the market... Stocks climbed the proverbial wall of - [Bandit Broadcast for 6-13-2012](https://thestockbandit.com/broadcast-6-13-2012/) - Good evening StockBandits! Today we saw a little of everything take place with a small gap down open, a turn higher into positive territory, some mid-day indecision, and then some afternoon weakness. Ultimately, the selling pressure was too much to overcome and as a result we saw a fair amount of Tuesday's rally erased. That's - [Bandit Broadcast for 6-12-2012](https://thestockbandit.com/broadcast-6-12-2012/) - Good evening StockBandits! A positive open this morning gave way to a gap fill and a turn negative by mid-morning, but from there we saw nothing but strength. The indexes bounced about 1%, pulled back quietly and rested, then lifted once more into the closing bell to go out at their highs of the session. - [Bandit Broadcast for 6-11-2012](https://thestockbandit.com/broadcast-6-11-2012/) - Good evening StockBandits! Weekend hopes that a Spanish bailout would lift stocks proved fruitful for those who happened to be long at Friday's close, but only for a very short time. That strength was once again used for selling, as we saw the high of the session made in the opening minutes and then an - [Bandit Broadcast for 6-10-2012](https://thestockbandit.com/broadcast-6-10-2012/) - Good evening StockBandits! The indexes were able to put together nice bounces last week, highlighted by a big lift on Wednesday in particular. However, it hasn't been a very compelling rally given that it has taken place on weak volume. That is of course a measure of participation, so when we see heavy selling volume - [Bandit Broadcast for 6-6-2012](https://thestockbandit.com/broadcast-6-6-2012/) - Good evening StockBandits! The hope for help from the ECB and renewed anticipation of QE3 picked up today as bargain-hunters rushed back into the market to produce a significant upside gap. In the early going, the futures had ramped higher, then dipped, but held positive. By the opening bell for stocks, the buy-side imbalance created - [Bandit Broadcast for 6-5-2012](https://thestockbandit.com/broadcast-6-5-2012/) - Good evening StockBandits! The major averages were able to put together minor advances today to continue the rebound from Monday's lows. However, the point gains were far from impressive and the volume was anemic to say the least. Add that to the fact that we're still sitting beneath key levels (DJIA 12300, S&P 500 1294, - [Bandit Broadcast for 6-4-2012](https://thestockbandit.com/broadcast-6-4-2012/) - Good evening StockBandits! Weekend expectations for a spooky open were ignored today as the indexes opened flat and traded slightly higher in the opening minutes. True to form, however, that strength was used to raise cash, just as so many bounces of late. The market was able to stabilize in the afternoon and lift from - [Bandit Broadcast for 6-3-2012](https://thestockbandit.com/broadcast-6-3-2012/) - Good evening StockBandits! The late-May bounce attempt has struggled to prove itself in recent days, and I've noted that here in a few ways. We first saw limited upside on the rebound, indicating the bulls weren't highly intent on producing lasting upside. Then we saw an inability to reclaim key levels (NAZ 2887, DJIA 12700, - [Bandit Broadcast for 5-30-2012](https://thestockbandit.com/broadcast-5-30-2012/) - Good evening StockBandits! Tuesday's rally was quickly erased today as the indexes shed 1-2%. Volume upticked slightly, but perhaps more important was the lack of upside follow through. To see the market give up gains with such ease no doubt keeps the bulls on their heels in the midst of what remains a correction phase. - [Bandit Broadcast for 5-29-2012](https://thestockbandit.com/broadcast-5-29-2012/) - Good evening StockBandits! Having stalled out after an early bounce last week, the market resumed its rebound today with solid advances across the board. We saw early strength, mid-day weakness, and then an afternoon lift which left the indexes off their best levels of the day but still deep in the green. Technically, the RUT - [Bandit Broadcast for 5-28-2012](https://thestockbandit.com/broadcast-5-28-2012/) - Good evening StockBandits! Hope your Memorial Day weekend has been a good one and you've been able to enjoy some down time with those you love the most. If you have ever served our country and are either active military, a reserve, or a veteran, I want to thank you for the sacrifices you've made - [Bandit Broadcast for 5-23-2012](https://thestockbandit.com/broadcast-5-23-2012/) - Good evening StockBandits! The sellers were out again in force today with a weak start to the session blamed on renewed concerns over Greece and Europe. It's been the same old story for many months now, so it's difficult to embrace that as the true culprit, particularly since the market's been trending lower for a - [Bandit Broadcast for 5-22-2012](https://thestockbandit.com/broadcast-5-22-2012/) - Good evening StockBandits! Monday's strength saw some follow through early in today's session as the indexes continued their rebound from last Friday's lows. By late morning, however, the highs of the session had been put in. A mid-day pullback was met with buying which failed to reclaim the morning highs, so as the afternoon progressed - [Bandit Broadcast for 5-21-2012](https://thestockbandit.com/broadcast-5-21-2012/) - Good evening StockBandits! With the major averages hitting the dirt last week, conditions were ripe for a bounce and today we got one. A slightly positive open quickly found more buyers with a steady intraday uptrend. Strength was followed by rest phases along the way, and the buyers never backed away, ultimately closing the market - [Bandit Broadcast for 5-20-2012](https://thestockbandit.com/broadcast-5-20-2012/) - Good evening StockBandits! Last week the indexes went 0-for-5 with a Monday through Friday skid to new correction lows. That translated into 3.5% to 5.5% declines for the averages, highlighting the absence of buyers at this stage in the game. The S&P 500 just posted its 11th decline in the past 13 sessions, which really - [Bandit Broadcast for 5-10-2012](https://thestockbandit.com/broadcast-5-10-2012/) - Good evening StockBandits! The major indexes marked their highs early in today's session, but didn't retreat much, ultimately finishing the day just a short distance from last night's close. The NAZ gave up a point while the others posted minor gains. With all eyes on the prospects for a decent bounce from this multi-day decline, - [Bandit Broadcast for 5-9-2012](https://thestockbandit.com/broadcast-5-9-2012/) - Good evening StockBandits! Stocks suffered another decline today despite becoming what appeared to be short-term washed out this morning. After another gap lower, the indexes tested (NAZ, RUT) or broke (S&P, DJIA) yesterday's lows, then staged a mid-day reversal attempt. We returned to levels near Tuesday's close, but couldn't continue, ultimately drifting back down late - [Hit List 5-9-2012](https://thestockbandit.com/hit-list-5-9-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. NUE & BIDU closed Open Position Notes: No open positions - 100% cash waiting on new entries. Closed Positions: - [Bandit Broadcast for 5-8-2012](https://thestockbandit.com/broadcast-5-8-2012/) - Good evening StockBandits! We may have seen some short-term exhaustion today as the indexes sold off hard once again, only to rebound in the afternoon to erase the majority of the early losses. The NAZ tested the March low, the RUT tested multi-month support, and the S&P 500 was able to hold recent support on - [Hit List 5-8-2012](https://thestockbandit.com/hit-list-5-8-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. BIDU stop tightened Open Position Notes: NUE got to within 1% of Target 2 today but stabilized and recovered - [Bulls Still Getting Outsold](https://thestockbandit.com/bulls-still-getting-outsold/) - The bulls haven't found their footing yet as the market moves lower within its range. In some cases, we're seeing some important recent levels get broken, namely S&P 1357. The DJIA has approached the lower portion of the 600-point range, and we're getting a bit stretched in the near term. Nonetheless, the bears are winning - [Bandit Broadcast for 5-7-2012](https://thestockbandit.com/broadcast-5-7-2012/) - Good evening StockBandits! Last night we saw the index futures crumbling on the heels of more disappointing news out of Europe, but as the opening bell approached this morning, most of the losses had been recovered. We were left with a bit of a soft open, but not the flush-out type of move many had - [Hit List 5-7-2012](https://thestockbandit.com/hit-list-5-7-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. BLK closed, NUE Target 1 hit & stop tightened Open Position Notes: NUE sold off further today to move - [Bandit Broadcast for 5-6-2012](https://thestockbandit.com/broadcast-5-6-2012/) - Good evening StockBandits! Last week we saw the DJIA and S&P 500 approach key resistance zones, elevating my short-term caution on the long side given the fact that the NAZ and RUT were not making the same progress. When in a trading range, expect it to continue until it doesn't! As the week progressed, the - [Hit List 5-6-2012](https://thestockbandit.com/hit-list-5-6-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. BLK stop tightened Open Position Notes: BLK has worked steadily lower since triggering a short entry for me last - [Week 18 Trades Review (Video)](https://thestockbandit.com/week-18-trades-review-video/) - Week 18 is in the books, and overall it was a solid week of trading. Despite not taking a lot of trades, it was a profitable week thanks to caution on the long side and some shorts which fared well in the decline. I wanted to offer a video recap of the trades as I - [Bandit Broadcast for 5-3-2012](https://thestockbandit.com/broadcast-5-3-2012/) - Good evening StockBandits! I mentioned two nights ago that I was inclined to approach the long side with some added caution given we had reached some key levels without clearing them, and so far that has served me well. We've retreated a bit from those resistance zones as some profit-taking has kicked in. Such is - [Hit List 5-3-2012](https://thestockbandit.com/hit-list-5-3-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. X stopped, BIDU triggered, TUMI removed (pattern negated without triggering) Open Position Notes: BLK continued lower today on heavy - [Play Like A Pro - WTBR Episode 5](https://thestockbandit.com/play-like-a-pro-wtbr-5/) - Today, I bring you Episode 5 of When The Bell Rings. In this episode, we'll talk about some distinct differences among traders regarding their approaches to trading. It should either give you some added motivation, or a boost in confidence. I hope you get a lot out of this installment. I'll have more of these - [Bandit Broadcast for 5-2-2012](https://thestockbandit.com/broadcast-5-2-2012/) - Good evening StockBandits! The indexes finished today's session mixed and little-changed from yesterday's close, as again they respected some important levels. For the DJIA, that's the 13300 zone, 3045 held as support for the NAZ, and the S&P 500 churned beneath 1414. Tomorrow's unemployment report and Friday's jobs number both seemed to be on the - [Hit List 5-2-2012](https://thestockbandit.com/hit-list-5-2-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. NUE triggered, TUMI & BIDU added Open Position Notes: X pulled back quickly from the open today, but was - [Have a Unique Trading Routine](https://thestockbandit.com/have-a-unique-trading-routine/) - I heard from a Bandit this week with whom I've worked for 1 year this month. He's a class act and quite likeable, making him even easier to correspond with. :) During that time, he's completed both the Basic Trading Course and the Advanced Trading Course, and he's been a subscriber of the nightly service. - [Bandit Broadcast for 5-1-2012](https://thestockbandit.com/broadcast-5-1-2012/) - Good evening StockBandits! Stocks started out with some indecision, but upbeat economic news produced a mid-morning spike higher, taking each of the indexes to new multi-week highs. The DJIA actually marked a new 52-week high by clearing 13300, but afternoon selling across the board eroded the morning gains and left the indexes with only modest - [Hit List 5-1-2012](https://thestockbandit.com/hit-list-5-1-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. X & BLK triggered Open Position Notes: X triggered a buy today as it crossed up through my buy - [Bandit Broadcast for 4-30-2012](https://thestockbandit.com/broadcast-4-30-2012/) - Good evening StockBandits! The major averages retreated in minor fashion today, backing off slightly from Friday's strong closes. That creates some short-term pivots to watch in last week's highs to keep an eye on in the days ahead. A little rest here wouldn't be a bad thing, but the bulls wouldn't want to see the - [Hit List 4-30-2012](https://thestockbandit.com/hit-list-4-30-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. No changes Open Position Notes: No open positions - 100% cash waiting for new entries. Closed Positions: No closed - [Week 17 Trades Review (Video)](https://thestockbandit.com/week-17-trades-review-video/) - Week 17 is in the books, and overall it was a solid week of trading. The indexes held some important levels and rebounded sharply, putting the bulls back in the driver's seat. I wanted to offer a video recap of the trades as I have so far each week this year. This show-and-tell look at - [Bandit Broadcast for 4-29-2012](https://thestockbandit.com/broadcast-4-29-2012/) - Good evening StockBandits! Last week we saw a headfake to the downside as a gap lower to start the week was eventually met with aggressive buying. The multi-week low ultimately resulted in an island gap reversal to the upside, which no doubt trapped many bears in the process. This maintains the current trading range, and - [Hit List 4-29-2012](https://thestockbandit.com/hit-list-4-29-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. X, BLK, NUE added Open Position Notes: No open positions - 100% cash waiting for new entries. Closed Positions: - [Bandit Broadcast for 4-26-2012](https://thestockbandit.com/broadcast-4-26-2012/) - Good evening StockBandits! The market saw a steady afternoon lift today after a choppy but positive morning, pushing the S&P, RUT, and DJIA each to new multi-week highs. The NAZ, meanwhile, respected the 3060 zone but has a great shot at clearing the hurdle in the coming days. Many seem overly bearish on the market - [Hit List 4-26-2012](https://thestockbandit.com/hit-list-4-26-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. GRMN stopped - back to cash Open Position Notes: No open positions - 100% cash waiting on new entries. - [What Do You Do When You Hit Your Loss Limit?](https://thestockbandit.com/what-do-you-do-when-you-hit-your-loss-limit/) - Over the past 10 days, there have been two occasions where I hit my daily loss limit. Sounds like a tough stretch, but on a net basis it's actually been positive thanks to some other good days. Mind you, I'm generally a disciplined trader, and in a dozen years of full-time trading I have broken - [Bandit Broadcast for 4-25-2012](https://thestockbandit.com/broadcast-4-25-2012/) - Good evening StockBandits! The market gapped higher this morning on the heels of upbeat news from AAPL last night, as discussed here last night. Not surprisingly, the NAZ led the way higher on the day, but in each case the highs of the session were put in within the opening half hour. From there, we - [Hit List 4-25-2012](https://thestockbandit.com/hit-list-4-25-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. POT closed ahead of earnings Open Position Notes: GRMN bounced today on increased volume, taking it right up to - [Bandit Broadcast for 4-24-2012](https://thestockbandit.com/broadcast-4-24-2012/) - Good evening StockBandits! Early strength created the highs of the session by mid-morning today before the buyers eased off the pedal and prices retreated a bit. The NAZ gave up a few points, while the DJIA and S&P benefited from gains in blue chips like T and GE. In the end, the indexes respected recent - [Hit List 4-24-2012](https://thestockbandit.com/hit-list-4-24-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. No changes Open Position Notes: GRMN bounced back a bit today but not in a convincing fashion as volume - [Ron Artest, Scrabble & Trading - WTBR Episode 4](https://thestockbandit.com/artest-scrabble-trading-wtbr-4/) - Today, I bring you Episode 4 of When The Bell Rings. In this episode, we're talking about something that's paramount to your success as a trader. It's a mindset, but it's something that requires intentional planning and not a fly by the seat of your pants mentality. A weekend sporting event was too pressing to - [Bandit Broadcast for 4-23-2012](https://thestockbandit.com/broadcast-4-23-2012/) - Good evening StockBandits! The major averages tumbled further today with the weakness being blamed on renewed concerns of Europe. That created a new pullback low for the NAZ, while the other indexes held above recent support. Intraday, we did see a modest recovery attempt off the opening-hour lows which erased some of the day's losses. - [Hit List 4-23-2012](https://thestockbandit.com/hit-list-4-23-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. YNDX stopped Open Position Notes: GRMN weakened further today to mark a new pullback low. The stock was able - [Bandit Broadcast for 4-22-2012](https://thestockbandit.com/broadcast-4-22-2012/) - Good evening StockBandits! The major averages finished last week without making any real big strides in either direction with the NAZ heading lower (largely in sympathy with AAPL) while the others posted gains. The day to day action was quite choppy, however, with momentum difficult to find. The first real week of earnings season got - [Hit List 4-22-2012](https://thestockbandit.com/hit-list-4-22-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. No changes Open Position Notes: YNDX pulled back Friday to test the mid-week low, and it was able to - [Week 16 Trades Review (Video)](https://thestockbandit.com/week-16-trades-review-video/) - Week 16 is in the books, and truth be told, I would have been better served to have sat on my hands! I wanted to offer a video recap of the trades I took. As you'll see, I was stopped out several times on head-fake types of entries with stocks showing extremely limited follow through - [Bandit Broadcast for 4-19-2012](https://thestockbandit.com/broadcast-4-19-2012/) - Good evening StockBandits! The indexes finished red today with morning indecision getting resolved to the downside. We saw the selling intensify mid-afternoon before a late-day bounce erased some of the day's losses. The indexes tested (and therefore further validated) some short-term levels today, helping to define the zones we'll need to watch the closest in - [Hit List 4-19-2012](https://thestockbandit.com/hit-list-4-19-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. No changes Open Position Notes: YNDX held up very well today after a light-volume dip yesterday. Despite the overall - [Gap Strategy on Swing Trades](https://thestockbandit.com/gap-strategy-on-swing-trades/) - A Bandit subscriber recently asked me about dealing with gaps on swing trades. This was a great question, so I wanted to be sure to share this exchange with you in hopes of you adding your thoughts on this as well. Background on the Situation: This question came in reference to a swing trade I - [Bandit Broadcast for 4-18-2012](https://thestockbandit.com/broadcast-4-18-2012/) - Good evening StockBandits! The indexes each finished in the red today but overall nothing of great significance took place. The lack of intraday momentum left the charts with narrow-range bars. All in all, this market is still range-bound since the recent pullback from highs. From the bulls' standpoint, this is encouraging since we've yet to - [Hit List 4-18-2012](https://thestockbandit.com/hit-list-4-18-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. No changes Open Position Notes: YNDX pulled back today to fill the gap from yesterday morning, which overall is - [Be Present - When The Bell Rings 3](https://thestockbandit.com/be-present-wtbr-3/) - Today, I bring you Episode 3 of When The Bell Rings. In this episode, we're talking about a common mistake among traders which seems so obvious - yet so few make it a point to avoid. (Run time is 4:07.) I hope you get a lot out of this installment, and of course if you - [Bandit Broadcast for 4-17-2012](https://thestockbandit.com/broadcast-4-17-2012/) - Good evening StockBandits! The major averages staged a comeback today with a sharp bounce higher. Along the way, we saw the NAZ reclaim 3000, the S&P reclaimed 1370 (& 1388), and the DJIA closed back above 13055. Today's action included a modest gap higher at the open, but the majority of the day's gains occurred - [Hit List 4-17-2012](https://thestockbandit.com/hit-list-4-17-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. POT triggered, MGA stopped Open Position Notes: YNDX gapped up this morning then rallied toward Target 1 into mid-day, - [Hit List 4-16-2012](https://thestockbandit.com/hit-list-4-16-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. POT added, YNDX, GRMN & MGA triggered, TRIP removed (pattern negated without triggering), MGA stop tightened Open Position Notes: - [Bandit Broadcast for 4-16-2012](https://thestockbandit.com/broadcast-4-16-2012/) - Good evening StockBandits! The indexes finished mixed today as AAPL weighed heavily on the NAZ while the DJIA saw a modest rebound. Overall, very little took place as far as meaningful technical events. We're still lingering near some important levels for each of the indexes, so it could be that a bit of a rest - [Bandit Broadcast for 4-15-2012](https://thestockbandit.com/broadcast-4-15-2012/) - Good evening StockBandits! I mentioned Thursday night that despite a respectable 2-day rebound in the market, the next dip would have the potential to reveal some insights into the resolve of the bulls. We sure didn't have to wait long to see it though, as it arrived on Friday with persistent weakness throughout the day. - [Hit List 4-15-2012](https://thestockbandit.com/hit-list-4-15-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. YNDX, GRMN & MGA added Open Position Notes: No open positions - 100% cash waiting for new entries to - [Week 15 Trades Review (Video)](https://thestockbandit.com/week-15-trades-review-video/) - Week 15 is in the books, and while it was far from impressive for the overall market, our trades fared well. I wanted to offer a video recap of the trades I took. The previous week wasn't great for me, but week 15 was worth trading and I was able to limit losses on failed - [Bandit Broadcast for 4-12-2012](https://thestockbandit.com/broadcast-4-12-2012/) - Good evening StockBandits! Last night I commented that due to the character of Wednesday's bounce, it was difficult to trust. We saw some intraday selling take place, light volume accompanied the advance in price, and broken support levels were not reclaimed. Today we saw a little different action, as only a minor gap was followed - [Hit List 4-12-2012](https://thestockbandit.com/hit-list-4-12-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. TRIP added Open Position Notes: No open positions - 100% cash waiting for new entries to trigger. Closed Positions: - [Strategic Adjustments that Pay Off Big](https://thestockbandit.com/strategic-adjustments-pay-off-big/) - Like sports and business, trading requires the ability and the willingness to adapt. This involves continually learning and growing so that you're never stagnant with a single approach. Recently I sat down with Tim Bourquin for a MoneyShow Interview, and we discussed this topic of how Strategic Adjustments can Pay Off Big. The clip is - [Bandit Broadcast for 4-11-2012](https://thestockbandit.com/broadcast-4-11-2012/) - Good evening StockBandits! A bounce kicked in today to break the 5-session losing streak which had plagued the DJIA, SP500, and RUT. The rebound was far from impressive, however, as we actually closed slightly lower than where we opened on the NAZ. Meanwhile, the S&P 500 tested the 1370 level but was unable to reclaim - [Wait for the Trend Line Break!](https://thestockbandit.com/wait-for-the-trend-line-break/) - As a pattern-based trader, I use a lot of trend lines on my charts. When you look at my charts, the only indicator you'll see is the 21-period MA of volume, which is the running 1-month volume average. Beyond that, it's just price, volume, and trend lines around the patterns I see in price. I - [Bandit Broadcast for 4-10-2012](https://thestockbandit.com/broadcast-4-10-2012/) - Good evening StockBandits! The feeble bounce attempt we saw late in the day on Monday proved to be a warning signal as it was simply used for selling. Today we saw the cash-raising continue with all short-term support zones being broken through steady intraday selling. We opened flat but trended lower throughout the session, with - [Hit List 4-10-2012](https://thestockbandit.com/hit-list-4-10-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. FBHS stopped, TEX removed (pattern negated without triggering) Open Position Notes: No open positions - 100% cash. Closed Positions: - [Yard Crew Traders - When The Bell Rings 2](https://thestockbandit.com/when-the-bell-rings-2/) - Today, I bring you Episode 2 of When The Bell Rings. Hopefully you caught Episode 1 last week which lays the groundwork for where this series gets its name. If not, check it out first! In this episode, we're talking about something which many traders fall into the habit of doing, but fail to recognize - [Bandit Broadcast for 4-9-2012](https://thestockbandit.com/broadcast-4-9-2012/) - Good evening StockBandits! The market kicked off the new week on a sour note with a downside gap. That put the burden of proof back on the bulls as stocks were poised for a recovery. The bulls didn't do poorly from that point, but neither did they impress. The lows of the session were established - [Hit List 4-9-2012](https://thestockbandit.com/hit-list-4-9-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. No changes Open Position Notes: FBHS pulled back with the market today, but was able to hold support and - [Bandit Broadcast for 4-8-2012](https://thestockbandit.com/broadcast-4-8-2012/) - Happy Easter StockBandits! Last week the indexes gave up a little ground to work their way lower within their respective short-term trading ranges. That meant declines of around 1%, give or take, but no change of character hit the tape so there wasn't anything of technical significance. In the short term, this puts the burden - [Hit List 4-8-2012](https://thestockbandit.com/hit-list-4-8-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. GRMN stopped, TEX added Open Position Notes: FBHS saw an attempt at an early rally on Thursday but profit-taking - [Week 14 Trades Review (Video)](https://thestockbandit.com/week-14-trades-review-video/) - Week 14 is in the books and it wasn't very exciting. Overall, the market slid a little and we saw a lack of momentum. I took fewer trades than usual, based partly on some setups gapping through my intended prices, and in other cases it was a matter of some patterns simply never confirming to - [Win More by Risking Less](https://thestockbandit.com/win-more-by-risking-less/) - Each of us understands that we have to take some risks to get paid, but for most traders, improvement lies in taking the right kinds of risks. Recently I sat down with Tim Bourquin for a MoneyShow Interview, and we discussed this topic of how to Win More by Risking Less. The clip is 3 - [Bandit Broadcast for 4-4-2012](https://thestockbandit.com/broadcast-4-4-2012/) - Good evening StockBandits! A gap lower this morning sparked further selling pressure as profits were taken and the market posted its worst day in a month. That isn't saying a whole lot given the low volatility and shallow declines of late. Today's selling simply left the indexes caught in recent trading ranges and above short-term - [Hit List 4-4-2012](https://thestockbandit.com/hit-list-4-4-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. NIHD stopped, JEF removed (no trigger, pattern not ready) Open Position Notes: GRMN pulled back again today to incrementally - [Think Like a Poker Pro](https://thestockbandit.com/think-like-a-poker-pro/) - I love the movie Rounders, in which Matt Damon is a poker player looking for a big break (and then a way to get out of some serious trouble). In the movie, his character Mike McDermott makes a comment early on that as a player, "your goal is to win one big bet an hour - [Bandit Broadcast for 4-3-2012](https://thestockbandit.com/broadcast-4-3-2012/) - Good evening StockBandits! The indexes worked their way slightly lower today, although very little ground was given up as most of the declines were of the single-digit variety. The highlight of the session was the release of the FOMC minutes - which caused a quick selloff - but an afternoon rebound erased nearly that entire - [Hit List 4-3-2012](https://thestockbandit.com/hit-list-4-3-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. No changes Open Position Notes: GRMN eased slightly higher in today's session, but light volume most likely prevented a - [Bandit Broadcast for 4-2-2012](https://thestockbandit.com/broadcast-4-2-2012/) - Good evening StockBandits! Today we saw the 6th straight positive start to a new month as Quarter 2 began with solid gains posted across the board. Initial indecision was quickly resolved to the upside with the morning gap being filled and a steady ascent into the afternoon. The indexes finished near their highs, reclaiming some - [Hit List 4-2-2012](https://thestockbandit.com/hit-list-4-2-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. JEF added Open Position Notes: GRMN gained a little ground today but overall stayed within its range of the - [When The Bell Rings - Episode 1](https://thestockbandit.com/when-the-bell-rings-1/) - All the videos I've been doing here have been in screencast style as I narrate what's on my charts and share insights with you. Those will continue, because certain things in trading must be illustrated in that manner in order to show you what I'm telling you. But... It's time to put a little different - [Bandit Broadcast for 4-1-2012](https://thestockbandit.com/broadcast-4-1-2012/) - Good evening StockBandits! Q1 ended Friday without much excitement on the day, but it was quite a run for stocks since the completion of 2011. During the first 3 months of the year, we saw the NAZ tack on 18.6%, the S&P 500 and RUT each added 12% for the quarter. For Monday, we come - [Hit List 4-1-2012](https://thestockbandit.com/hit-list-4-1-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. NIHD triggered Open Position Notes: GRMN continued to base beneath $48 last week with a few attempts at the - [Week 13 Trades Review (Video)](https://thestockbandit.com/week-13-trades-review-video/) - Week 13 saw the indexes base, which was healthy, but there were still some short-term profits to be had. We caught some nice trades for the week inside the Bandit Hideout, so I wanted to offer a video recap of each of them. Once again, the numbers game of trading proved essential as a few - [Bandit Broadcast for 3-29-2012](https://thestockbandit.com/broadcast-3-29-2012/) - Good evening StockBandits! Three of the four key indexes finished in the red today, some for the third consecutive session, but it was a positive day in terms of the price action we saw. Following Monday's breakout, we saw a multi-day dip as profit-taking erased the gains from the start of the week. This translated - [Hit List 3-29-2012](https://thestockbandit.com/hit-list-3-29-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. NIHD relisted (with updated levels) Open Position Notes: GRMN again spent the morning pulling back, but found intraday support - [Bandit Broadcast for 3-28-2012](https://thestockbandit.com/broadcast-3-28-2012/) - Good evening StockBandits! Today we saw a little bit of profit-taking kick in as stocks worked their way lower into the early afternoon. From there, we saw support hold and a modest bounce delivered a partial recovery into the closing bell, leaving the indexes in the red but not by much. It was important to - [Hit List 3-28-2012](https://thestockbandit.com/hit-list-3-28-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. DLPH stopped Open Position Notes: GRMN was turned away from the $48 level again today as an early attack - [Bandit Broadcast for 3-27-2012](https://thestockbandit.com/broadcast-3-27-2012/) - Good evening StockBandits! Following Monday's big lift in the indexes, today we saw them give up a few points each as they essentially put in a day of rest. This is healthy to see, as the market needed to catch its breath without surrendering its hard-won gains with yesterday's short-term breakouts. There's no need to - [Hit List 3-27-2012](https://thestockbandit.com/hit-list-3-27-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. DLPH triggered, NIHD added Open Position Notes: GRMN flirted with $48 again today but didn't get over the hump, - [Bandit Broadcast for 3-26-2012](https://thestockbandit.com/broadcast-3-26-2012/) - Good evening StockBandits! Equities ramped higher today to kick off the new week of trading with big gains across the board. Whether it was upbeat comments from the Fed or quarter-end window-dressing doesn't matter, because the indexes reclaimed some important levels with today's impressive rally. For the NAZ, that meant a push beyond the 3115 - [Hit List 3-26-2012](https://thestockbandit.com/hit-list-3-26-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. FBHS triggered, DLPH updated Open Position Notes: GRMN began the day strong right out of the gate with a - [Bandit Broadcast for 3-25-2012](https://thestockbandit.com/broadcast-3-25-2012/) - Good evening StockBandits! Last week the indexes posted mixed results as the NAZ led the way with a minor gain, while the DJIA brought up the rear with a loss of just over 1%. All in all, we went nowhere, and it brought about some choppy trading sessions. There were still some opportunities, as noted - [Hit List 3-25-2012](https://thestockbandit.com/hit-list-3-25-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. FBHS added Open Position Notes: GRMN pulled back Friday morning but found buyers once again, and from there the - [Week 12 Trades Review (Video)](https://thestockbandit.com/week-12-trades-review-video/) - Despite a lack of direction in the market last week, my account grew. We caught some nice trades for the week inside the Bandit Hideout, so I wanted to offer a video recap of each of them. Once again, the numbers game of trading proved essential as several stopped trades were offset by some nice - [Bandit Broadcast for 3-22-2012](https://thestockbandit.com/broadcast-3-22-2012/) - Good evening StockBandits! A gap to the downside kicked off today's session, and that's where the market stayed for the rest of the day. The day was marked by range-bound price action as a little ground was given up, but still no change of character as of yet. This appears to simply be another day - [Hit List 3-22-2012](https://thestockbandit.com/hit-list-3-22-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. No changes Open Position Notes: GRMN showed some modest follow through today on the heels of yesterday's turnaround, although - [Bandit Broadcast for 3-21-2012](https://thestockbandit.com/broadcast-3-21-2012/) - Good evening StockBandits! It was a choppy session today with narrow ranges in the indexes as the market struggled to find momentum in either direction. Ultimately, a late-day pullback sent the S&P 500 slightly negative as the NAZ gave up modest gains to finish about flat. This was another day of rest essentially, as volume - [Hit List 3-21-2012](https://thestockbandit.com/hit-list-3-21-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. No changes Open Position Notes: GRMN showed some steady morning weakness today before finding its footing and reversing higher - [Bandit Broadcast for 3-20-2012](https://thestockbandit.com/broadcast-3-20-2012/) - Good evening StockBandits! A gap down this morning was met with some modest buying, but it wasn't enough to erase the opening losses as the market posted minor declines today. In last night's video, I mentioned we were short-term stretched and due for some profit-taking and/or rest sooner than later, and today we got it. - [Hit List 3-20-2012](https://thestockbandit.com/hit-list-3-20-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. CLR stopped Open Position Notes: GRMN gave up a little ground today but stayed inside yesterday's range. That's been - [The Self-Education of a Speculator](https://thestockbandit.com/self-education-speculator/) - As a full-time trader, I don't have a typical job. I have a 5-second commute to my home office. I wear t-shirts to work! There is no boss standing over my shoulder, and the actual trading hours require a relatively brief daily commitment (6.5 hours) as compared to other occupations. And I'm thankful for all - [Bandit Broadcast for 3-19-2012](https://thestockbandit.com/broadcast-3-19-2012/) - Good evening StockBandits! The indexes posted minor gains for the most part today to kick off the new week. The NAZ was the standout with a 23-point gain, led by AAPL's buyback and dividend news. Also of importance was the fact that the RUT finally made its way through multi-week resistance to close above 833 - [Hit List 3-19-2012](https://thestockbandit.com/hit-list-3-19-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. No changes Open Position Notes: GRMN dipped late last week but held its ground today as it stabilized and - [Bandit Broadcast for 3-18-2012](https://thestockbandit.com/broadcast-3-18-2012/) - Good evening StockBandits! Last week we saw the Big 3 each blow through important short-term resistance zones to continue their uptrends and post new 52-week highs. While the uptrends which began in October have indeed covered considerable ground, the fact is that technically last week's breakout may prove to be an important start to a - [Hit List 3-18-2012](https://thestockbandit.com/hit-list-3-18-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. DLPH added Open Position Notes: GRMN gave up a little more ground today but finished off its worst level - [Week 11 Trades Review (Video)](https://thestockbandit.com/week-11-review-video/) - Last week was a solid week for trading as I added to my swing exposure while producing some steady cash flow via day trades. Inside the Bandit Hideout, we took a number of trades, so I wanted to offer a video recap of each of them. Once again, the numbers game of trading proved essential - [Bandit Broadcast for 3-15-2012](https://thestockbandit.com/broadcast-3-15-2012/) - Good evening StockBandits! The NAZ is now up 156 points from its intraday low of just 7 sessions ago, and the buyers remain in charge. Today we saw the indexes follow a day of rest with some modest strength, taking the Big 3 to their best levels in years. More importantly, it counts as follow - [Hit List 3-15-2012](https://thestockbandit.com/hit-list-3-15-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. No changes Open Position Notes: GRMN turned lower today on increased volume, despite the indexes showing some modest strength. - [Bandit Broadcast for 3-14-2012](https://thestockbandit.com/broadcast-3-14-2012/) - Good evening StockBandits! Today we saw a day of digestion after Tuesday's big run as the indexes finished mixed and little-changed. Minor progress was made early in the session, but for the remainder of the day we saw choppy, range-bound type of action which really didn't lend itself to high-probability plays. Often times we see - [Hit List 3-14-2012](https://thestockbandit.com/hit-list-3-14-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. CLR triggered Open Position Notes: GRMN turned slightly higher today after closing in a 14-cent range for the previous - [Bandit Broadcast for 3-13-2012](https://thestockbandit.com/broadcast-3-13-2012/) - Good evening StockBandits! Today we finally got an acceleration move higher as positive economic news, a boost from financial leaders, and nothing negative from the FOMC paved the way for a solid rally. Stocks gapped higher, held the gap, and then worked their way up for the rest of the session, going out at their - [Week 10 Trades Review (Video)](https://thestockbandit.com/week-10-trades-review-video/) - The indexes didn't make much progress in either direction, despite an early-week hiccup, but the dip-buyers once again made their presence felt last week. The buy-and-hope crowd didn't make any progress, but actively trading the moves offered some potential for us. Inside the Bandit Hideout, we took a number of trades, so I wanted to - [Hit List 3-13-2012](https://thestockbandit.com/hit-list-3-13-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. CLR added Open Position Notes: GRMN tacked on $0.51 today as well as going ex-dividend ($0.40 for holders of - [Bandit Broadcast for 3-12-2012](https://thestockbandit.com/broadcast-3-12-2012/) - Good evening StockBandits! Traders produced a minor lift right after the open this morning, but Friday's highs held as resistance and we saw stocks retreat slightly into mid-day. Some afternoon buying took the indexes back near the flat line, where they ended the day mixed and little-changed. Volume was quiet as well, perhaps indicating that - [Hit List 3-12-2012](https://thestockbandit.com/hit-list-3-12-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. No changes Open Position Notes: GRMN marked its best level today since this trade entry triggered last week, although - [Bandit Broadcast for 3-11-2012](https://thestockbandit.com/broadcast-3-11-2012/) - Good evening StockBandits! Last week, we saw stocks work their way lower on Monday and then the biggest selloff we've had in awhile hit the tape on Tuesday as the major averages shed about 1.5% on the day. True to form, however, the dip buyers emerged to produce a lift for the final three sessions - [Hit List 3-11-2012](https://thestockbandit.com/hit-list-3-11-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. No changes Open Position Notes: GRMN triggered a buy on Thursday with a turn higher through the descending trend - [Bandit Broadcast for 3-7-2012](https://thestockbandit.com/broadcast-3-7-2012/) - Good evening StockBandits! Tuesday's breakdown nudged the dip-buyers off the sidelines and back into the fray today as the indexes rebounded to recover only a portion of what was lost yesterday. The NAZ recovered enough to fill yesterday's downside gap, but that was the extent of the upside. The S&P 500 was able to rally - [Hit List 3-7-2012](https://thestockbandit.com/hit-list-3-7-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. GRMN added Open Position Notes: No open positions - 100% cash waiting for entries to trigger. Closed Positions: No - [Bandit Broadcast for 3-6-2012](https://thestockbandit.com/broadcast-3-6-2012/) - Good evening StockBandits! Whether it was a delayed response to China, a reaction to Greece, or just a market which finally had grown tired after an 11-week rally, we finally saw stocks give up some ground today. That broke the 2-month streak of the S&P 500 for no 1% declines, as the last one had - [Hit List 3-6-2012](https://thestockbandit.com/hit-list-3-6-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. WFM closed Open Position Notes: No open positions - 100% cash. Closed Positions: WFM pulled back at the open - [Bandit Broadcast for 3-5-2012](https://thestockbandit.com/broadcast-3-4-2012-2/) - Good evening StockBandits! The indexes dipped today again, with the NAZ closing beneath its immediate uptrend line at 2972 while the S&P was able to finish right at its uptrend line of 1364 highlighted here last night. The NAZ tested the February uptrend line as well and briefly undercut it, but was able to hold - [Hit List 3-5-2012](https://thestockbandit.com/hit-list-3-5-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. TEN removed (no trigger, pattern negated) Open Position Notes: WFM pulled back a bit today, but held above my - [Watch for this Pattern](https://thestockbandit.com/watch-for-this-pattern/) - **I was asked to write an article for Active Trader Magazine, and I submitted the article below this week for an upcoming issue. I couldn't imagine not sharing it with Bandits first though, so here you go! Trading the Slingshot For some strange reason as a kid, I collected a variety of unusual weapons ranging - [Bandit Broadcast for 3-4-2012](https://thestockbandit.com/broadcast-3-4-2012/) - Good evening StockBandits! Last week we saw the indexes attempt on multiple occasions to head higher, only to see some mild profit-taking kick in. That happened Wednesday with new highs and a negative finish, as well as on Friday with the market moving from positive territory into the red by day's end. This is in - [Hit List 3-4-2012](https://thestockbandit.com/hit-list-3-4-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. GRA closed, WFM stop tightened, TEN added Open Position Notes: WFM advanced Friday to push through to new highs, - [Week 9 Trades Review (Video)](https://thestockbandit.com/week-9-trades/) - Stocks headed mostly sideways last week despite the indexes easing across the line into new high territory. Once again, highs didn't prompt the same response we've seen to dips (buying), leaving the indexes looking sluggish after significant 10-week rallies. Inside the Bandit Hideout, we took a number of trades, so I wanted to offer a - [Bandit Broadcast for 3-1-2012](https://thestockbandit.com/broadcast-3-1-2012/) - Good evening StockBandits! The major averages spent today's session inside Wednesday's range, unable to mark new highs. The bulls should find it encouraging once again though that the dip was kept shallow and brief with no downside follow through today. That doesn't count it out in the days ahead of course, but it reminds us - [Hit List 3-1-2012](https://thestockbandit.com/hit-list-3-1-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. GRA & WFM stops tightened Open Position Notes: GRA edged higher again today as it posted both a new - [Bandit Broadcast for 2-29-2012](https://thestockbandit.com/broadcast-2-29-2012/) - Good evening StockBandits! The NAZ tagged 3000 right on the nose today and then pulled back, giving up 34 points from its high of the session as it went out near its low. Volume picked up considerably, pointing to heavy turnover taking place as techs failed to clear the round number. Meanwhile, the S&P 500's - [Hit List 2-29-2012](https://thestockbandit.com/hit-list-2-29-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. GRA & WFM stops tightened Open Position Notes: GRA finished higher on the day despite market weakness as volume - [How Long are Levels Valid?](https://thestockbandit.com/how-long-levels-valid/) - A Bandit recently asked me about levels and how long they should be watched. This was a great question, so I wanted to be sure to share this exchange with you. Question: Jeff, I'm new to trading (since Christmas). I'm wondering how important long term resistance levels are. I suppose it depends really on the - [Bandit Broadcast for 2-28-2012](https://thestockbandit.com/broadcast-2-28-2012/) - Good evening StockBandits! The NAZ and S&P 500 are the two most important indexes in my opinion, and today we saw both of them reach new 52-week highs. The only trouble is that they only did so incrementally, which is to say that the strength was once again yawned at by traders. An early-afternoon dip - [Hit List 2-28-2012](https://thestockbandit.com/hit-list-2-28-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. GRA stop tightened Open Position Notes: GRA pushed higher today to mark a new high, but it wasn't a - [Bandit Broadcast for 2-27-2012](https://thestockbandit.com/broadcast-2-27-2012/) - Good evening StockBandits! Today provided yet another example of how dips are getting bought with greater aggression than new highs as a gap lower saw only minimal additional selling before a sharp turn back up to take the market positive. The NAZ, DJIA and S&P 500 all tagged new 52-week highs at that point, only - [Hit List 2-27-2012](https://thestockbandit.com/hit-list-2-27-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. No changes Open Position Notes: GRA started out weak today but dip-buyers stepped in to protect last week's support - [Bandit Broadcast for 2-26-2012](https://thestockbandit.com/broadcast-2-26-2012/) - Good evening StockBandits! Last week we saw the indexes primarily move sideways, as only incremental gains were seen. The big 3 edged their way toward new recovery highs, but again hesitated to take off and run given the recent routine of pullbacks being bought with greater aggression than breakouts. The big level at this point - [Hit List 2-26-2012](https://thestockbandit.com/hit-list-2-26-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. No changes Open Position Notes: GRA finally started to pull out of its quiet multi-day range on Friday with - [Week 8 Trades Review (Video)](https://thestockbandit.com/week-8-trades-review-video/) - Last week saw the market edge higher overall, but momentum was distinctly absent. I took only a few trades, and it wasn't a great week by any measure, as it was holiday-shortened and I only traded Thursday and Friday after being in NYC for the early part of the week. Generally, the weeks which offer - [Bandit Broadcast for 2-23-2012](https://thestockbandit.com/broadcast-2-23-2012-2/) - Good evening StockBandits! I'm back from NYC and while it was a great trip, it's nice to be back in the routine. Thank you for your patience the last 2 days with the abbreviated nightly updates, I wanted to be able to share some thoughts with you but was restricted in terms of time to - [Hit List 2-23-2012](https://thestockbandit.com/hit-list-2-23-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. No changes Open Position Notes: GRA spent the past few sessions essentially moving sideways with minor losses Tuesday and - [5 Takeaways from the NYC Traders Expo](https://thestockbandit.com/2012-nyc-traders-expo/) - Last night I returned from my trip to the NYC Traders Expo. It was a great experience. Visiting the city itself with some great February weather and seeing all the famous landmarks was nice, but I really enjoyed spending time with some Bandits while there - those of you I saw, thanks! Also got to - [Bandit Broadcast for 2-23-2012](https://thestockbandit.com/broadcast-2-23-2012/) - Good evening StockBandits! The S&P 500 again showed its aversion to clearing 1370 today as stocks moved slightly lower. The retreat so far from key resistance hasn't translated into a deep pullback yet, so the bulls are still maintaining the technical edge which has been in place for the past 9+ weeks. It's not out - [Bandit Broadcast for 2-21-2012](https://thestockbandit.com/broadcast-2-21-2012/) - Good evening StockBandits! As mentioned in the Monday evening report, tonight's update will be a brief one. It's been a full but fun day here in NYC. Presented this morning at the Trader's Expo, spent some time afterward talking with some traders, then headed down to lower Manhattan to present to a prop firm (SMB - [Bandit Broadcast for 2-20-2012](https://thestockbandit.com/broadcast-2-20-2012/) - Good evening StockBandits! The indexes edged higher in the early going last week, only to point to some exhaustion setting on on Wednesday with a hard downside reversal. However, the dip was again aggressively bought with widespread strength on Thursday which took the major averages to new recovery highs on a closing basis. Friday's action - [Hit List 2-20-2012](https://thestockbandit.com/hit-list-2-20-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. WFM & RCL triggered Open Position Notes: GRA posted an inside day on Friday, staying within Thursday's range as - [Week 7 Trades Review (Video)](https://thestockbandit.com/week-7-trades-review-video/) - Stocks headed higher again last week in a lackluster fashion, as a Monday gap was followed by some mid-week hesitation, and ultimately a move to new recovery highs for the NAZ, S&P 500, and DJIA. Inside the Bandit Hideout, we took a number of trades on day & swing trading timeframes, as well as in - [Bandit Broadcast for 2-16-2012](https://thestockbandit.com/broadcast-2-16-2012/) - Good evening StockBandits! Wednesday's downside reversal was forgotten today as stocks opened flat, chopped around briefly, then vaulted higher to completely erase yesterday's decline. That meant a new recovery high for both the NAZ and S&P 500, and left the RUT and DJIA each just a few points from their short-term resistance areas. If there's - [Hit List 2-16-2012](https://thestockbandit.com/hit-list-2-16-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. SLB & APOL stopped, GRA triggered, WFM & RCL added Open Position Notes: GRA triggered a buy today as - [Bandit Broadcast for 2-15-2012](https://thestockbandit.com/broadcast-2-15-2012/) - Good evening StockBandits! A gap higher found more buyers late this morning as the NAZ pushed to new recovery highs, but that marked the best levels of the day as we worked our way lower for the remainder of the session. The afternoon pullback filled the gap and left each of the indexes in the - [Hit List 2-15-2012](https://thestockbandit.com/hit-list-2-15-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. AGP closed, SLB & APOL stops raised Open Position Notes: SLB pulled back again today but was able to - [Bandit Broadcast for 2-14-2012](https://thestockbandit.com/broadcast-2-14-2012/) - Good evening StockBandits! The streak of 12 straight sessions with the low of the day being set at or before mid-day was finally broken today, although the dip-buyers still made their regular appearance. The indexes started out slightly lower this morning before trending quietly down for most of the session, only to end the day - [Hit List 2-14-2012](https://thestockbandit.com/hit-list-2-14-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. APOL & AGP stops raised, GRA added Open Position Notes: SLB slipped a bit today but saw an afternoon - [Bandit Broadcast for 2-13-2012](https://thestockbandit.com/broadcast-2-13-2012/) - Good evening StockBandits! Greece again set the tone today as stocks gapped higher on news that more bailout money could be accepted. The opening strength faded a bit into mid-morning, but true to form, the dip-buyers stepped in to support prices and the lows of the day were seen. From there, we saw a rally - [Hit List 2-13-2012](https://thestockbandit.com/hit-list-2-13-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. AGP triggered & stop tightened Open Position Notes: SLB gapped higher this morning, sold off quickly to fill the - [Week 6 Trades Review (Video)](https://thestockbandit.com/week-6-trades-review-video/) - The market continued its recent run last week as the NAZ made multi-year highs yet again before a Friday pullback erased the week's gains. All in all, it was a healthy week of rest for the indexes. Despite the lack of overall market movement last week, we were able to capture some nice very gains - [Bandit Broadcast for 2-12-2012](https://thestockbandit.com/broadcast-2-12-2012/) - Good evening StockBandits! I had a great time in Houston teaching the past couple of days to the TC2000 crowds, working the charts, sharing some insights about trading in general, and getting to meet several Bandits in person from that area. And to those of you who are new to the site as a result - [Hit List 2-12-2012](https://thestockbandit.com/hit-list-2-12-2012/) - The Hit List is a look at our current swing trading positions. Stocks we are already in have "triggered", while those we are considering for plays have not triggered. Click post title to view print-friendly link. AGP added Open Position Notes: SLB pulled back Friday to dip beneath the $78 breakout zone it had recently - [Bandit Broadcast for 2-8-2012](https://thestockbandit.com/broadcast-2-8-2012/) - Good evening StockBandits! For the fourth straight session, the low of the day was set in the morning today as a pullback was once again met with dip-buying. The NAZ and S&P 500 both marked new incremental recovery highs today, while the DJIA and RUT stopped just shy of their highs from recent days. 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Every decision we make at TheStockBandit.com comes only after weighing that decision against specific criteria. Experience has shown us that by starting with better trade candidates and working through our checklist of requirements, the best potential plays will make the final cut. We're - [Get On Our Email List for Updates!](https://thestockbandit.com/free-newsletter/) - Free stock newsletter covering stock plays, lessons, and stock market analysis. - [Trading Products We Offer](https://thestockbandit.com/products/) - Stock newsletter and stock trading course offered for traders by TheStockBandit.com. - [Trading Glossary](https://thestockbandit.com/trading-glossary/) - This page is a starting point for those who need to better understand trading terms which are used frequently by active stock and option traders in the market. - [Turbocharge Your IRA Course](https://thestockbandit.com/ira-course/) - Retirement Is Coming, Will You Be Ready For It? [jwplayer config="CustomPlayer1" file="https://s3.amazonaws.com/tsbturbo/TSB_Turbo_infob.mp4" height=360 width=640 skin="https://thestockbandit.com/jwplayer/nacht.zip" image="https://thestockbandit.com/wp-content/uploads/2015/02/ira-preview.jpg"] By: Jeff White If things go right for you and me, then retirement IS going to arrive one of these years. And it's then that we'll need enough money in order to fund the trips we plan to take, - [Thanks for Enrolling in Turbocharge Your IRA](https://thestockbandit.com/thanks-turbocharge/) - [jwplayer config="CustomPlayer1" file="https://s3.amazonaws.com/tsbturbo/Welcome_TSB_TurbochargeF.mp4" height=360 width=640 skin="https://thestockbandit.com/jwplayer/whotube.zip" image="https://thestockbandit.com/images/Turbo_welcome.jpg"] Thank you for enrolling in the Turbocharge Your IRA course, I have no doubt that you're going to find it to be extremely insightful when it comes to showing you the fastest and easiest way to improve your returns - starting today! You can access your course anytime - [Volume - Trading Volume](https://thestockbandit.com/volume/) - Volume and dollar volume are ways to measure liquidity. - [Fade Trade](https://thestockbandit.com/fade-trade/) - A fade trade is a contrarian trading approach which seeks a reversal in prices, such as selling into strength or buying into weakness. - [Frequently Asked Questions](https://thestockbandit.com/faq/) - Frequently Asked Questions about TheStockBandit.com. - [Active Trader Resources](https://thestockbandit.com/trader-resources/) - Trader resources for online traders and active traders - [Stock Trading Strategy](https://thestockbandit.com/stock-trading-strategy/) - Stock Trading Strategy for day trading and swing trading - [Swing Trading Strategy](https://thestockbandit.com/swing-trading-strategy/) - Swing Trading Strategy for swing trading and day trading - [Day Trading Strategy](https://thestockbandit.com/day-trading-strategy/) - Day Trading Strategy for day trading and swing trading - [Basic Stock Trading Course](https://thestockbandit.com/basic-stock-trading-course/) - A basic stock trading course providing stock market education and training for new and beginner traders in a video-based format taught by Jeff White. - [Advanced Stock Trading Course](https://thestockbandit.com/advanced-stock-trading-course/) - The advanced stock trading course from Jeff White provides trader education and training for experienced traders in the stock market to become more versatile and prepared. - [Trading Courses](https://thestockbandit.com/trading-courses/) - Trader education is a necessity in today's markets, and we offer courses to fit a variety of trading styles and approaches to shorten your road to success. - [Condor - Option Strategies](https://thestockbandit.com/condor/) - A condor is comprised of four consecutive strikes of the same type of option where the trader is short the two inside strikes and long the two outside strikes. - [Iron Condor - Option Strategies](https://thestockbandit.com/iron-condor/) - An iron condor is a neutral strategy pairing an OTM short call vertical spread and an OTM short put vertical spread on the same underlying with the same expiration. - [Butterfly - Option Strategies](https://thestockbandit.com/butterfly-option/) - A butterfly is an option spread position involving two vertical spreads, one long and one short, in which the short strike is common. - [Theta - Option Greeks](https://thestockbandit.com/option-theta/) - Theta is a measure of time decay for an option. An option's theta represents the decline in theoretical value per day with all other factors remaining constant. - [Vega - Option Greeks](https://thestockbandit.com/option-vega/) - Vega is an option greek representing the theoretical price change in an option for a corresponding 1% change in implied volatility. - [Collar - Option Strategies](https://thestockbandit.com/option-collar/) - A collar is a hedging strategy whereby a position in the underlying stock is held along with two options which will cap gains and protect against losses. - [Jade Lizard - Option Strategies](https://thestockbandit.com/jade-lizard/) - A jade lizard is a short OTM call spread paired with an OTM naked put, usually collecting enough premium to offset the width of the call spread. - [Vertical Spread - Option Strategies](https://thestockbandit.com/vertical-spread/) - A vertical spread is the combination of a long and short option at different strikes but in the same underlying for the same expiration. There are call vertical spreads and put vertical spreads. A call vertical spread is the purchase of one call and the sale of another at a different strike for the same expiration. - [Calendar Spread - Option Strategies](https://thestockbandit.com/calendar-spread/) - A calendar spread is constructed using two options of the same type where one is bought and another is sold at the same strike but for different expirations. - [Short Call - Naked Call - Option Strategies](https://thestockbandit.com/naked-call/) - Selling a call short is an uncovered or naked position aiming to collect premium from the sale of the option in expectation of neutral to bearish price action. - [Short Put - Naked Put - Option Strategies](https://thestockbandit.com/naked-put/) - Selling a put short is an uncovered or naked position aiming to collect premium from the sale of the option in expectation of neutral to bullish price action. - [Implied Volatility Rank - IV Rank](https://thestockbandit.com/iv-rank/) - IV rank measures where current implied volatility stands in relation to the range it has been in for a given period of time. - [Implied Volatility of an Option](https://thestockbandit.com/implied-volatility/) - Implied volatility (IV) is a forward-looking expectation of price fluctuation, carrying great importance for the pricing of options. - [Theoretical Price](https://thestockbandit.com/theoretical-price/) - The theoretical price of an option is the fair value of the option as determined by an option pricing model. - [Strangle - Option Strategies](https://thestockbandit.com/strangle/) - A strangle is the simultaneous purchase or sale of an OTM call and OTM put. Strangle buyers expect a move outside the range, but sellers expect a limited move. - [Straddle - Option Strategies](https://thestockbandit.com/straddle/) - A straddle is the simultaneous purchase or sale of both a call and a put at the same strike and expiration for a particular underlying security. - [Option Chain](https://thestockbandit.com/option-chain/) - An option chain the way in which option prices are quoted within a table sorting calls and puts by strikes and expiration. - [Out of The Money Option - Extrinsic Value](https://thestockbandit.com/otm-option/) - An OTM option is comprised solely of extrinsic value, so any premium attached to it is due to time remaining to expiration and its implied volatility. - [At The Money (ATM) Option](https://thestockbandit.com/atm-option/) - An ATM option has either very little or no intrinsic value, much like an OTM option. - [In The Money (ITM) Option - Intrinsic Value](https://thestockbandit.com/itm-option/) - An ITM option simply has some intrinsic value, which is to say that if the contract expired now, it would still have some value. - [Weekly Options - Weeklies](https://thestockbandit.com/weekly-options/) - Weekly options, or weeklies, are option contracts which have weekly expiration dates, as opposed to the original monthly options. - [Beta Weighting](https://thestockbandit.com/beta-weighting/) - Beta weighting is the comparison of volatility between a stock or portfolio and another instrument, such as an index. - [Probability of Expiring](https://thestockbandit.com/probability-of-expiring/) - Probability of expiring is the likelihood of a stock or index being above or below a particular price on a specified date (expiration date). - [Probability of Touch](https://thestockbandit.com/probability-of-touch/) - Probability of touch is the likelihood of a stock or index being above or below a specified price at any time between now and a specified date (expiration date). - [Volatility - Trading Volatility](https://thestockbandit.com/volatility/) - Volatility is how prices fluctuate in a stock or index. - [Gamma - Option Greeks](https://thestockbandit.com/option-gamma/) - Gamma is the change in an option's delta for a one-unit or point change in the underlying stock or index price. - [Open Interest of an Option](https://thestockbandit.com/option-open-interest/) - The open interest of an option is the total number of outstanding option contracts for a particular strike price and expiration date which have not been settled - [Delta - Option Delta](https://thestockbandit.com/option-delta/) - Delta is an option greek which represents the rate of change for the option in relation to a one-unit change in the underlying instrument. - [Mini Options](https://thestockbandit.com/mini-options/) - Mini option contracts represent 10 shares of stock instead of the standard 100 shares per contract. - [Option Premium](https://thestockbandit.com/option-premium/) - The premium of an option is the price of an option. This is the amount paid by a buyer or collected by a seller when a trade is made. - [Covered Call - Option Strategies](https://thestockbandit.com/covered-call/) - The covered call is a cost basis reduction strategy for a long stock position where the sale of the call brings in premium but caps gains in the stock position - [Covered Put - Option Strategies](https://thestockbandit.com/covered-put/) - The covered put is a cost basis improvement strategy for a short stock position where the put sale collects premium but caps gains in the short stock position - [Option Exercise and Assignment](https://thestockbandit.com/option-exercise-assignment/) - Assignment is the notice given to the seller of an option contract that the buyer of the option intends to exercise it. - [Call Option](https://thestockbandit.com/call-option/) - A call is an option contract which gives the owner the right to buy the underlying instrument at a designated price on or before a specified date. - [Trading Blog Archives by Topic](https://thestockbandit.com/trading-blog-all/) - Trading articles and Trading Blog archives by Jeff White. Join our email list for frequent updates, or bookmark our Trading Blog RSS feed so you never miss new posts! Trader Improvement: Risk Reward on Intraday Trades Reading the Intraday Chart How to Turn a Profit at 50-50 Looks Aren't Everything Trading Styles are Like Golf - [Option Expiration - Expiration Day](https://thestockbandit.com/option-expiration/) - An option’s expiration date is the final day on which an option can be traded or exercised. - [Naked Option](https://thestockbandit.com/naked-option-position/) - A trading position where the seller of an option has no offsetting position in the underlying instrument. - [Synthetic Long Position](https://thestockbandit.com/synthetic-long-position/) - A synthetic long position is a combination of a long call and a short put, used as a stock replacement strategy. - [Synthetic Short Position](https://thestockbandit.com/synthetic-short-position/) - A synthetic short position is a combination of a long put and a short call, used as a stock replacement strategy when short selling. - [Put Option](https://thestockbandit.com/put-option/) - A put is an option contract which gives the owner the right to sell the underlying instrument at a designated price on or before a specified date. - [Strike Price](https://thestockbandit.com/strike-price/) - An option’s strike price is the predetermined price at which the underlying asset will be bought or delivered (sold) when the option is exercised. Generally for equity options, strike price intervals are $2.50 for stocks priced between $5 - $25, $5 for stocks priced between $25 - $200, and $10 for stocks priced greater than - [Wedge Patterns - Wedge Chart Patterns](https://thestockbandit.com/wedge-patterns/) - Wedge Chart patterns, trading wedge patterns, stock charts with wedge patterns. - [Uptrend Stock - Uptrend Lines](https://thestockbandit.com/uptrend-stock/) - Uptrend stocks have uptrend lines which define and identify a stock in an uptrend. - [Understanding Chart Patterns](https://thestockbandit.com/understanding-chart-patterns/) - Understanding Chart Patterns, chart patterns, stock chart patterns, technical analysis of chart patterns - [Triple Top - Triple Top Pattern](https://thestockbandit.com/triple-top/) - Triple top patterns follow uptrends in stocks and are topping patterns and sell indications. - [Triple Bottom - Triple Bottom Pattern](https://thestockbandit.com/triple-bottom/) - Triple bottom patterns follow downtrends in stocks and are bottoming patterns and buy signals. - [Triangle Patterns - Triangle Chart Patterns](https://thestockbandit.com/triangle-patterns/) - Triangle Chart patterns, Triangle pattern trading, stock charts with triangle patterns. - [Trend Lines - Stock Trend Lines](https://thestockbandit.com/trend-lines/) - Trend lines define uptrend stocks and downtrend stocks for buy signals and sell signals. - [Symmetrical Triangle - Symmetrical Triangle Pattern](https://thestockbandit.com/symmetrical-triangle/) - Symmetrical Triangle and symmetrical triangle patterns, uptrend stock continuation pattern. - [Support and Resistance Levels](https://thestockbandit.com/support-resistance/) - Support and resistance levels in stocks are trading opportunities with buy and sell signals. - [Stock Gaps - Trading Stock Gaps](https://thestockbandit.com/stock-gaps/) - Stock gaps and trading stock gaps, finding common gaps, breakaway gaps, exhaustion gaps, and runaway gaps in stocks. - [Short Selling - Short Sell Stock](https://thestockbandit.com/short-selling/) - Short selling allows a trader to profit on the decline of a stock in a weak market. - [Runaway Gap - Runaway Gap Stock](https://thestockbandit.com/runaway-gap/) - Runaway gaps and trading runaway gap stocks, identifying runaway gaps in stocks. - [Rounded Bottom - Rounded Bottom Pattern](https://thestockbandit.com/rounded-bottom/) - Rounded bottom patterns follow downtrends in stocks and are bottoming patterns, reversal patterns, and buy signals. - [Rising Wedge - Rising Wedge Pattern](https://thestockbandit.com/rising-wedge/) - Rising wedge and rising wedge patterns are reversal patterns and continuation patterns, reliable sell signals and short sell signals. - [Rectangle Pattern](https://thestockbandit.com/rectangle-pattern/) - Rectangle pattern or box patterns are channel patterns, found within uptrending and downtrending stocks. - [Pennant Patterns - Pennant Chart Patterns](https://thestockbandit.com/pennant-patterns/) - Pennant Chart patterns, pennant pattern trading, stock charts with pennant patterns. - [Parabolic - Parabolic Uptrend Stock](https://thestockbandit.com/parabolic/) - Parabolic uptrends are vertical price moves as a result of panic buying. - [Head and Shoulders Top](https://thestockbandit.com/head-shoulders-top/) - Head and shoulders top patterns follow uptrends in stocks and are topping patterns and sell indications. - [Ascending Channel - Rising Channel](https://thestockbandit.com/ascending-channel/) - Ascending channel patterns or rising channels are channeling stocks with an upward tilt, found within uptrending and downtrending stocks. - [Ascending Triangle - Ascending Triangle Pattern](https://thestockbandit.com/ascending-triangle/) - Ascending Triangle and ascending triangle patterns, uptrend stock continuation pattern. - [Bear Flag - Bear Flag Pattern](https://thestockbandit.com/bear-flag/) - Bear flag and bear flag chart patterns, downtrend stock continuation pattern. - [Bear Pennant - Bear Pennant Pattern](https://thestockbandit.com/bear-pennant/) - Bear pennant and bear pennant chart patterns, downtrend stock continuation pattern. - [Breakaway Gap - Breakaway Gap Stock](https://thestockbandit.com/breakaway-gap/) - Breakaway gaps and trading breakaway gap stocks, identifying breakaway gaps in stocks. - [Bull Flag - Bull Flag Pattern](https://thestockbandit.com/bull-flag/) - Bull flag and bull flag chart patterns, uptrend stock continuation pattern. - [Head and Shoulders Bottom](https://thestockbandit.com/head-shoulders-bottom/) - Head and shoulders patterns which are inverted follow downtrends in stocks and are bottoming patterns, reversal patterns, and buy signals. - [Flag Patterns - Flag Chart Patterns](https://thestockbandit.com/flag-patterns/) - Flag Chart patterns, trading flag patterns, stock charts with flag patterns. - [Falling Wedge - Falling Wedge Pattern](https://thestockbandit.com/falling-wedge/) - Falling wedge and falling wedge patterns are continuation patterns and reversal patterns. - [Exhaustion Gap - Exhaustion Gap Stock](https://thestockbandit.com/exhaustion-gap/) - Exhaustion gaps are reversal gaps, trading exhaustion gap stocks offers profit potential. - [Downtrend Stock - Downtrend Lines](https://thestockbandit.com/downtrend-stock/) - Downtrend stocks have downtrend lines, lower highs, and lower lows to define and identify a stock in a downtrend. - [Double Top - Double Top Pattern](https://thestockbandit.com/double-top/) - Double top patterns follow uptrends in stocks and are topping patterns and sell indications. - [Double Bottom - Double Bottom Pattern](https://thestockbandit.com/double-bottom/) - Double bottom patterns follow downtrends in stocks and are bottoming patterns, reversal patterns, and buy signals. - [Descending Triangle - Descending Triangle Pattern](https://thestockbandit.com/descending-triangle/) - Descending Triangle and descending triangle patterns, downtrend stock continuation pattern. - [Descending Channel - Descending Channel Pattern](https://thestockbandit.com/descending-channel/) - Descending channel patterns are channeling stocks with a downward tilt, often found within uptrending stocks. - [Cup and Handle Pattern](https://thestockbandit.com/cup-handle/) - Cup and handle chart patterns, trading on chart patterns and technical analysis of cup and handle chart patterns. - [Consolidation - Stock Consolidation](https://thestockbandit.com/consolidation/) - Consolidation in a stock is a lack of trend ahead of or following a big price move. - [Common Gap - Common Gap Stock](https://thestockbandit.com/common-gap/) - Common gaps and trading common gap stocks, finding common gaps in stocks. - [Channeling Stock - Trading Range](https://thestockbandit.com/channeling-stock/) - Channeling stock and channel patterns, trading range stocks, channeling stocks and channel patterns, stock continuation pattern. - [Capitulation - Panic Selling](https://thestockbandit.com/capitulation/) - Capitulation is the end of a downtrend as a result of panic selling. - [Overbought - Overbought Stock](https://thestockbandit.com/overbought/) - Overbought is when a stock has risen too far too fast at an unsustainable rate. - [Oversold - Oversold Stock](https://thestockbandit.com/oversold/) - Oversold is when a stock is falling at an unsustainable rate. - [Measured Move](https://thestockbandit.com/measured-move/) - Measured move stock prices for anticipating profit objectives with continuation patterns. - [IPO - Initial Public Offering](https://thestockbandit.com/ipo/) - IPO is an initial public offering of a stock traded on an exchange. - [Testimonials](https://thestockbandit.com/testimonials/) - testimonials for the Bandit Broadcast stock pick newsletter - [Swing Trading Newsletter](https://thestockbandit.com/swing-trading-newsletter/) - Swing Trading Newsletter, stock newsletter, stock picks - [Trading Blog Archives](https://thestockbandit.com/trading-blog-archives/) - Below you'll find links to the Trading Blog archives by category, all written by Jeff White. Join our email list for frequent updates, or bookmark our Trading Blog RSS feed so you never miss new posts! Stock Charts - A look at individual stock charts as they set up for trades or provide insightful lessons. - [How to Enter a Momentum Stock](https://thestockbandit.com/enter-momentum-stock/) - FINDING a stock that's already on the move isn't hard, but finding a way to get involved can certainly be a challenge. After all, if we're responsibly entering with a protective downside exit in mind and the stock is a long way from support, where is that exit going to be? You'll see in the - [Bracket Orders](https://thestockbandit.com/bracket-orders/) - "Carefree trading" isn't "careless" trading. It's having the ability to walk away from your trades, knowing they're taken care of. In this video, I'm going to show you a sophisticated order type you should no longer ignore. In fact, odds are you already have access to this order type but simply aren't using them or - [My Gateway to the Market](https://thestockbandit.com/gateway-to-the-market/) - A trading platform to many is simply an execution tool for placing orders. But it can (and should) be so much more. To me, it is. Several years ago, I switched to something vastly different and my trading has never been the same. I had seen trading software with lots of bells and whistles, but - [Right & Wrong Ways to Practice](https://thestockbandit.com/how-to-practice/) - From sports to music, and from medicine to trading, practice is a necessary ingredient for success. And although you realize you can shoot 500 free throws per day and get better, when it comes to trading, it's a little more tricky. Lots of brokers offer demo accounts to "trade" on, but the fact is that's - [Member Contact](https://thestockbandit.com/member-contact/) - If you have any questions regarding our products or services, please contact us using the form below and we'll get back to you as soon as possible. We look forward to hearing from you. We are located at: TheStockBandit, Inc. 1224 N. Hwy 377 Suite 303-240 Roanoke, TX 76262 Phone: (682)237-1964 - [Member FAQ](https://thestockbandit.com/member-faq/) - (Please note that this page will be edited occasionally to keep it up to date.) Welcome StockBandits! I hope you always feel at home here! This is a place to learn, grow, interact, and plan for tomorrow's trading session. Here are a few ground rules for commenting and discussions, followed by some frequently asked questions. - [Member Stock Requests](https://thestockbandit.com/member-chart-requests/) - Every week, Jeff reviews the charts of members. If you have a stock you'd like him to review in the video, please submit your stock request below. Thank you! - [Site Map](https://thestockbandit.com/site-map/) - Site map for TheStockBandit.com - [TheStockBandit.com Terms of Membership](https://thestockbandit.com/terms/) - Terms of membership for TheStockBandit.com - [The Stock Bandit, Inc. Disclaimer](https://thestockbandit.com/disclaimer/) - The Stock Bandit, Inc. Disclaimer - [Privacy Policy](https://thestockbandit.com/privacy/) - Privacy Policy - [Help and Support](https://thestockbandit.com/help-and-support/) - Help and Support - [Thank You, Let's Get Started!](https://thestockbandit.com/thanks-coaching/) - Thank you for your purchase of TheStockBandit Coaching, we're eager to get started in helping you. ** Please contact us now with your name, phone number, and email address so that we can schedule your first coaching session! - [Jeff White: Trading YOUR Way Better](https://thestockbandit.com/trading-ywb/) - Trading gives every one of us the ability to custom build a methodology or approach in the markets. No two traders are exactly alike when it comes to their timeframes, their risk tolerance, their directional biases, and a host of other characteristics. Instead of trying to duplicate what someone else is doing, why not learn - [Jeff White: Simplified Technical Analysis](https://thestockbandit.com/simplified-ta/) - Technical trading doesn't have to be complicated. In fact, the more complex your charts become, the more confusion they can bring. Your charts are there to provide you with clarity, so in this session we'll discuss what that looks like and some ways to apply the proper indicators to your charts. Here's the video... [jwplayer - [You're On the List!](https://thestockbandit.com/on-the-list/) - Success! You are now on the email list! Be sure to also add us to your Address Book so that our emails to you don't end up in your Spam folder! If you ever wish to be removed from the list, simply click the link at the bottom of any email you receive from us. - [Email List Confirmation](https://thestockbandit.com/email-list-confirmation/) - One More Step... There is one more step you still need to take to get on the list (but it's really easy). Please check your inbox for an email which contains a confirm link, and click it. You will not be added to the email list until you have taken this step, so it's really - [Seminar Videos](https://thestockbandit.com/seminar-videos/) - Jeff White has presented at a number of national seminars, some of which have been professionally produced for video to offer you timeless insights on his trading techniques and approach to the market. These 4 videos combine for about 4 hours of trading wisdom which you can immediately begin to apply for more consistent performance - [Free Newsletter Confirmation](https://thestockbandit.com/free-newsletter-confirmation/) - Thank You! Be sure to click the link in the email we send to confirm your addition to our email list, and your first video will be in your inbox shortly. We look forward to providing you with many valuable insights! 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Simplified Technical Analysis This session will help you narrow down a watchlist into actionable ideas based on both potential & risk, helping you be more decisive and limit losses. - [Thank You for Your Purchase!](https://thestockbandit.com/thanks-download-video/) - Thank you for your video purchase from TheStockBandit, we're eager to get started in helping you! ** Please watch your email for a link we'll be sending you so you can watch or download your video. - [6 Ways to Trade Like A Pro](https://thestockbandit.com/6ways-presentation/) - Welcome to TheStockBandit! I'm sure glad you've granted us permission to send you email updates whenever new articles or videos are posted. We won't take that for granted and your information will only be used here - we share it with nobody else! You can opt out anytime you decide it's no longer for you, - [Free Newsletter - Please Confirm](https://thestockbandit.com/free-newsletter-please-confirm/) - One More Step... 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All sales are final. 2-DVD Bundle (Locating - [Next Target for $YHOO](https://thestockbandit.com/yahoo-10-23-2012/) - 10-23-2012 How Can I Get The Premium Membership Videos? The premium video newsletter from Jeff White is a Sunday through Wednesday evening extended video newsletter covering in-depth market analysis, key levels, stocks to watch, and Jeff's detailed trading plan (what he's trading, why he's trading it, and the levels where he's trading it). If you're - [Home Page 2012](https://thestockbandit.com/home-page-2012/) - Swing Trading and momentum trading stock trading courses, stock pick newsletter and swing trading service. - [Test Homepage](https://thestockbandit.com/test-homepage/) - [Review of the Indexes 10-28-2012](https://thestockbandit.com/indexes-10-28-2012/) - How Can I Get The Premium Membership Videos? The premium video newsletter from Jeff White is a Sunday through Wednesday evening extended video newsletter covering in-depth market analysis, key levels, stocks to watch, and Jeff's detailed trading plan (what he's trading, why he's trading it, and the levels where he's trading it). If you're a - [Review of the Indexes 10-21-2012](https://thestockbandit.com/indexes-10-21-2012/) - How Can I Get The Premium Membership Videos? The premium video newsletter from Jeff White is a Sunday through Wednesday evening extended video newsletter covering in-depth market analysis, key levels, stocks to watch, and Jeff's detailed trading plan (what he's trading, why he's trading it, and the levels where he's trading it). If you're a - [Event Risk Requires Trade Modification](https://thestockbandit.com/event-risk-10-17-2012/) - 10-17-2012 How Can I Get The Premium Membership Videos? The premium video newsletter from Jeff White is a Sunday through Wednesday evening extended video newsletter covering in-depth market analysis, key levels, stocks to watch, and Jeff's detailed trading plan (what he's trading, why he's trading it, and the levels where he's trading it). If you're - [Fool's Gold? 10-8-2012](https://thestockbandit.com/fools-gold-10-8-2012/) - 10-8-2012 How Can I Get The Premium Membership Videos? The premium video newsletter from Jeff White is a Sunday through Wednesday evening extended video newsletter covering in-depth market analysis, key levels, stocks to watch, and Jeff's detailed trading plan (what he's trading, why he's trading it, and the levels where he's trading it). If you're - [The Only Way to Bottom Fish Stocks](https://thestockbandit.com/bottom-fish-10-16-2012/) - 10-16-2012 How Can I Get The Premium Membership Videos? 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The premium video newsletter from Jeff White is a Sunday through Wednesday evening extended video newsletter covering in-depth market analysis, key levels, stocks to watch, and Jeff's detailed trading plan (what he's trading, why he's trading it, and the levels where he's trading it). If you're a - [Indexes Video 10-7-2012](https://thestockbandit.com/indexes-video-10-7-2012/) - How Can I Get The Premium Membership Videos? The premium video newsletter from Jeff White is a Sunday through Wednesday evening extended video newsletter covering in-depth market analysis, key levels, stocks to watch, and Jeff's detailed trading plan (what he's trading, why he's trading it, and the levels where he's trading it). 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