Stock #Market Recap 10/21/14 {Video}

If you enjoy my blog posts and videos, then I would encourage you to please click on this 12631 hyperlink for more details about joining our great team of traders at a very reasonable price. 12631 is a trading service which @RaginCajun and I direct here at iBankCoin.

In addition, please see the top of this video for details about attending our iBC Investors Conference this November.

Enjoy tonight’s video, and enjoy your evening. 

Direct Vimeo Link Click Here

A Robotic Rally

picture_of_the_day_2

The V-shape rally cometh again, as last week’s lows have led to a sharp rally in the tape ever since.

I have been laying off the short side for a while now, but am looking to get involved tomorrow if I catch a whiff of weakness.

As I will explain in my video market recap after the bell, I do not believe we are out of the woods.

See you there.

A Quality Gem

500full

ACHN continues to be one of the better charts in a market full of sloppy ones right now, despite the bounce we have seen in recent session.

On further strength, you can consider this heavily-shorted play a long idea for a breakout squeeze higher from the tight price pattern on the daily timeframe, below.

Drop me your top afternoon ideas.

_______________________________________________________

ACHN

A Check-Back Into Halloween

pictures_of_the_day_8

On the small cap ETF, this $110/$111 area is the first spot I am strongly considering a short now.

I want to see signs of rejection at this prior support area, in order for me to play for it converting into newfound resistance during this “check-back” by price to a key level.

If I see it, TZA is my vehicle of choice. If I do not, I would take a pass on the trade altogether.

__________________________________________________________________

IWM

Five Stocks Ready for Battle Today

A1Dlzu4

Courtesy of The PPT algorithm, here are the most current top five readings from my “12631 RELATIVE STRENGTH” custom-made screen, identifying which stocks are exuding some of the best performances to the market at-large at any given moment.

I look for stocks whose Daily PPT Hybrid Score surges, while the Weekly Hybrid has been negative over the past week. This can often yield stocks which are emerging from consolidations.

Members can click here to view and save the screen.

Sorted for at least 500,000 shares of daily average volume to ensure liquidity.

Please click on image to enlarge.

________________________________________________________________

2014-10-21_1213

Better Nugs Needed

pictures_of_the_day_13

Here we have the monthly chart for McDonalds, a major winner since they turns the ship around in 2003.

Recently, however, the business model has slumped again.

Should we see a monthly close below $89 I would consider this chart a major breakdown candidate, with the highlighted light blue lines denoting a busted wedge pattern.

With increased competition and changing consumer tastes, the Golden Arches had better make the right adjustments again.

________________________________________________________________

MCD

Stock #Market Recap 10/21/14 {Video}

If you enjoy my blog posts and videos, then I would encourage you to please click on this 12631 hyperlink for more details about joining our great team of traders at a very reasonable price. 12631 is a trading service which @RaginCajun and I direct here at iBankCoin.

In addition, please see the top of this video for details about attending our iBC Investors Conference this November.

Enjoy tonight’s video, and enjoy your evening. 

Direct Vimeo Link Click Here

A Robotic Rally

picture_of_the_day_2

The V-shape rally cometh again, as last week’s lows have led to a sharp rally in the tape ever since.

I have been laying off the short side for a while now, but am looking to get involved tomorrow if I catch a whiff of weakness.

As I will explain in my video market recap after the bell, I do not believe we are out of the woods.

See you there.

A Quality Gem

500full

ACHN continues to be one of the better charts in a market full of sloppy ones right now, despite the bounce we have seen in recent session.

On further strength, you can consider this heavily-shorted play a long idea for a breakout squeeze higher from the tight price pattern on the daily timeframe, below.

Drop me your top afternoon ideas.

_______________________________________________________

ACHN

A Check-Back Into Halloween

pictures_of_the_day_8

On the small cap ETF, this $110/$111 area is the first spot I am strongly considering a short now.

I want to see signs of rejection at this prior support area, in order for me to play for it converting into newfound resistance during this “check-back” by price to a key level.

If I see it, TZA is my vehicle of choice. If I do not, I would take a pass on the trade altogether.

__________________________________________________________________

IWM

Five Stocks Ready for Battle Today

A1Dlzu4

Courtesy of The PPT algorithm, here are the most current top five readings from my “12631 RELATIVE STRENGTH” custom-made screen, identifying which stocks are exuding some of the best performances to the market at-large at any given moment.

I look for stocks whose Daily PPT Hybrid Score surges, while the Weekly Hybrid has been negative over the past week. This can often yield stocks which are emerging from consolidations.

Members can click here to view and save the screen.

Sorted for at least 500,000 shares of daily average volume to ensure liquidity.

Please click on image to enlarge.

________________________________________________________________

2014-10-21_1213

Better Nugs Needed

pictures_of_the_day_13

Here we have the monthly chart for McDonalds, a major winner since they turns the ship around in 2003.

Recently, however, the business model has slumped again.

Should we see a monthly close below $89 I would consider this chart a major breakdown candidate, with the highlighted light blue lines denoting a busted wedge pattern.

With increased competition and changing consumer tastes, the Golden Arches had better make the right adjustments again.

________________________________________________________________

MCD