Preparation

Give me six hours to chop down a tree and I will spend the first four sharpening the axe.
~Abraham Lincoln

Stock Market Video Trend Analysis 4/15/09

One thing to note is that while the trendlines were tested intraday, advancing stocks did stay ahead of decliners.

The Battle Continues

at the 5 DMA and trendline. The A/D line is still positive at 1664:1328 but has been slowly deteriorating

5 Day MA and Trendlines

The markets are struggling to hold up above the rising 5 day moving averages and above the trendlines from the gap higher on March 10. Failure of the trendlines could lead to a quicker, more sever selloff down towards the VWAPs since the rally began (purple line).

Entitlements

One of the consequences of such notions as "entitlements" is that people who have contributed nothing to society feel that society owes them something, apparently just for being nice enough to grace us with their presence.
~Thomas Sowell

Stock Market Video Trend Analysis 4/14/09

Choppy

action in the broad markets and the A/D is negative with 1165 up and 1733 down right now. There are no clear reasons to be aggressively short with rising 5DMAs but the lower highs are a first warning sign. Breaking the lows from the last couple of days could see more significant selling. Got to be nimble.

Investors Memories

Investors have very short memories.
~Roman Abramovich

Inside Information in FEED?

Details in this video.


Technical Analysis "LIVE" Session 4.13/09 from brian shannon on Vimeo.