Daily Stock Market Technical Trading Analysis

      Wall Street ends the day bearish; bouncing off of a trendline spied in Weekend Edition video.  U.S. retail sales rose in September as Americans bought more cars and gasoline, while a gauge of consumer spending pointed to stronger-than-expected economic growth in the third quarter.    Click FULL SCREEN to watch in clear HD quality. QUIZ---leave comment below. 

Most important video all week.  Consumer Confidence up second month in a row soaring to highest level since September 2007; largest beat since 2005.  However, the markets are broken and in dire need of a major rally.  Third-quarter earnings season kicks into high gear this next week with a number of earnings reports from major companies in the financial and technology sectors.  Job openings in the U.S. dropped for a second straight month in August, indicating companies are reluctant to increase payrolls through year-end without faster economic growth.      Click FULL SCREEN to watch in clear HD quality. Click below to make your comment. 

El S&P en canal ascendente, encuentra soporte en la parte baja del canal así como la MM de 50 días. En la gráfica mensual estamos dentro de cuña ascendente con divergencia bearish en el MACD. Los bancos se muestran muy débiles. Incluimos gráficas de: IBEX, MERVAL, AAPL, C, AIG, POT, EDZ, Cemex, Axtel & Homex. Haz click abajo y deja un comentario!

  Premarket index futures slightly higher to mixed as PPI is on the rise, 1.1% in Sept. vs 1.7% August.  If markets are bearish today, it will be the market’s worst weekly decline since early June.  Treasury Budget data out at 2p EST. Click FULL SCREEN to watch in clear HD quality. Click below to make your comment. 

Wall Street ends the day mixed after a strong start.  Jobless Claims drop to a 4.5yr low. The S&P narrowly snapped its losing streak, while the Dow and Nasdaq extended theirs.       Click FULL SCREEN to watch in clear HD quality. Click below to make your comment. 

  Premarket index futures are higher as last week’s Jobless claims fall to lowest in 4.5yrs (339k). U.S. trade deficit widened 4.1% to $44.22 billion in August.  Click FULL SCREEN to watch in clear HD quality. Click below to make your comment. 

Premarket index futures are lower as the World Bank cut its growth forecasts for East Asia, heightened concerns about the global economic health and corporate profits.  Light news week. Click FULL SCREEN to watch in clear HD quality. Click below to make your comment. 

Click here: - http://FreeOnlineTradingEducation.com Hello Traders!   Traded a big mover VRNG late morning from a Bear Pullback that gave us a pleasant surprise in the GrokStar Trading Chat Room. I will not be trading for a fews day to "resharpen the saw". Next new video Tuesday, October 11th.

Click here: - http://FreeOnlineTradingEducation.com  Happy Columbus Day for U.S. and Happy Thanksgiving to our Canadian Trading Friends. Traded a series of low base breakdowns this morning in the GrokStar Trading Chat room

  Premarket index futures are lower as the World Bank cut its growth forecasts for East Asia, heightened concerns about the global economic health and corporate profits.  Light news week. Click FULL SCREEN to watch in clear HD quality. Click below to make your comment. 

  Premarket index futures are lower as the World Bank cut its growth forecasts for East Asia, heightened concerns about the global economic health and corporate profits.  Light news week. Click FULL SCREEN to watch in clear HD quality. 

http://FreeOnlineTradingEducation.com Hello Traders!  How do you trade a stock that is up 34% at open??? See how we did it in the GrokStar Trading Chat room this morning

Wall Street ends the day more bullish than expected in front of tomorrow’s critical jobs report, the S&P 500 rallied for the fourth session in a row as traders’ appetite for risk was boosted by better than expected jobless claims and Mitt Romney's debate performance.    Click FULL SCREEN to watch in clear HD quality. Click below to make your comment. 

Trading the break of a major suport line can be a challenge. See how we did it today in the GrokStar Trading Chat room. Watch in HD full screen. 

  Premarket index futures are higher after U.S. jobless claims rose slightly less than had been forecasted. Click FULL SCREEN to watch in clear HD quality.