Saturday Review
Saturday Review Link
Be sure to join us by 9:30am ET for this weekend’s Saturday Review. After discussing the bigger picture and gaming out strategies for playing next week’s likelier opening setups, we’ll do instant analysis of any stock charts that you request… See you there!
Saturday Review recording (for 12/15/18) …Mind the gap.
Trending down to greet the weekend at recent lows isn’t in itself bearish. But that defines yesterday’s trend and its result. Bearish would be the panoply of characteristics to the downtrending, combined with this being the third test of a critical price level. And bearish would be the potential for resolving down aggressively without further delay.
This week’s Saturday Review describes the bigger picture that led here and which defines this price level’s relevance, along with the possibility of a counter-trend bounce. (Friday’s Market Wrap discusses that session’s setups and signals.)
Watch Friday’s post-market Wrap recording here.
CLICK HERE TO WATCH SATURDAY REVIEW
The following stock requests were reviewed in this order (the last 8 are from this week’s Barron’s article Top 10 Stock Picks for 2019):
WDC, MU, FDX, ROKU, NKE, ALLY, GOOG, AAPL, BAC, BLK, CAT, DDAIF, DAL, ET
transcript
—————– (12/15/2018 09:33) —————–
Rod David: Welcome to Saturday Review. Please post questions and comments as they occur to you.
David B: Good Morning
Bill G: gm
Mark G: gm
—————– (12/15/2018 09:49) —————–
jp: gm
—————– (12/15/2018 10:02) —————–
Mark G: extending down to low 2500 atbthis stage would unlikly recover to 2600 any time soon?
—————– (12/15/2018 10:05) —————–
David B: Does the spread between the cash and futures narrower or wider mean anything?
—————– (12/15/2018 10:09) —————–
David B: options expiration week is one of the wild cards this week with the fed and possible goverment shutdown?
Bill G: You consider any rally from here to be just temporary?
—————– (12/15/2018 10:12) —————–
Bill G: Perhaps a Xmas rally into early Jan?
—————– (12/15/2018 10:13) —————–
David B: what happens if no rate cut or he walks back next year?
—————– (12/15/2018 10:18) —————–
David B: WDC
—————– (12/15/2018 10:19) —————–
lloyd: MU, FDX – earnings thurs after close
David B: is ROKU a january candidate?
lloyd: (sorry TUES after close)
lloyd: NKE – earnings thurs after close. thanks
lloyd: i will watch recording.
—————– (12/15/2018 10:28) —————–
Adam: Was there a market wrap last night?
—————– (12/15/2018 10:32) —————–
David B: it seems like this is a market where rallies are being sold. Is there something that will tell us if it starts to be market on buy the dips?
David B: Yes
—————– (12/15/2018 10:37) —————–
David B: will we know strong or weak buyers?
—————– (12/15/2018 10:41) —————–
Mark G: thx much
David B: AMAT
Bill G: That’s the 2018 list
—————– (12/15/2018 10:43) —————–
Bill G: y
—————– (12/15/2018 10:56) —————–
Bill G: The guy who made that list only looked at the first seven letters in the alphabet?
David B: Thanks
Bill G: Thanks
Saturday Review Link – NEW LINK
Be sure to join us by 9:30am ET for this weekend’s Saturday Review. After discussing the bigger picture and gaming out strategies for playing next week’s likelier opening setups, we’ll do instant analysis of any stock charts that you request… See you there!
Saturday Review’s recording (for 12/8/18) …Will next week live in infamy, too?
How does Monday’s gap up and Wednesday’s exacerbation catalyst still offer a chance of retracing last week’s drop before a bigger downleg develops? What does a bigger downleg look like, both in characteristic and degree? Which path is likelier, and what price action will be our clue?
These and other questions are answered, along with a bigger picture review of the market’s pattern, in this week’s Saturday Review. Also worth noting is the inclusion of several tenets underlying the philosophy of my analytical methodology.
Afterward, we held an impromptu introduction to the new Market Timing Knowledge Base, and specifically reviewed using inflection points for informing entry and exit decisions. Its recording is here.
The following stock requests were reviewed in this order:
ADBE, COST, JPM, WDC, GE, CAT
transcript
—————– (12/08/2018 09:31) —————–
Rod David: -=–=-
jp: gm
Rod David: Welcome to Saturday Review. Please post questions and comments as they occur to you.
David B: Good Morning
—————– (12/08/2018 09:51) —————–
ljr iPad: approx when does positive seasonality come in to play for dec?
—————– (12/08/2018 09:56) —————–
David B: What closing number for 2 consecutive sessions would tell us a bullish trend change?
—————– (12/08/2018 10:06) —————–
Mark G: likely Mon morning alternatives?
—————– (12/08/2018 10:11) —————–
ljr iPad: stocks: ADBE, COST, earnings after close thurs. thx
—————– (12/08/2018 10:17) —————–
ljr iPad: can u record that?
David B: JPM,WDC
—————– (12/08/2018 10:24) —————–
ljr iPad: thx
—————– (12/08/2018 10:25) —————–
David B: GE,CAT
—————– (12/08/2018 10:35) —————–
Mark G: thx much
David B: Thanks
Saturday Review Link
Be sure to join us by 9:30am ET for this weekend’s Saturday Review. After discussing the bigger picture and gaming out strategies for playing next week’s likelier opening setups, we’ll do instant analysis of any stock charts that you request… See you there!