Stage Analysis Forum - Trading & Investing using Stan Weinstein's Stocks Breakout method
Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis - Printable Version

+- Stage Analysis Forum - Trading & Investing using Stan Weinstein's Stocks Breakout method (https://www.stageanalysis.net/forum)
+-- Forum: Main Board (https://www.stageanalysis.net/forum/Forum-Main-Board)
+--- Forum: Stan Weinstein's Stage Analysis - Stock Charts, Technical Analysis, Learn to Trade, Stocks, ETF, NYSE, Nasdaq (https://www.stageanalysis.net/forum/Forum-Stan-Weinstein-s-Stage-Analysis-Stock-Charts-Technical-Analysis-Learn-to-Trade-Stocks-ETF-NYSE-Nasdaq)
+--- Thread: Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis (/Thread-Stan-Weinstein-s-Stage-Analysis-and-Market-Breadth-Technical-Analysis)

Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484


US 10 & 30 Year Treasuries - isatrader - 2014-08-10

Attached is the updated US 10 & 30 Year Treasuries charts.


US Industry Sectors Breadth - isatrader - 2014-08-10

Below is the data table for the Percent of Stocks Above 150 Day Moving Average in each sector which I've ordered by relative strength, with the highest to the lowest percentage in each sector. Also attached is the visual diagram of the 9 sectors and the NYSE Percentage of Stocks above their 150 day Moving Averages line chart.

[Image: attachment.php?aid=12493]


Dow Jones US Sub Sectors Performance - isatrader - 2014-08-10

Attached is the US Sub Sectors ordered by the weekly percentage change. To see the full list sectioned by major sector, with links through to individual stocks in each sector, go to: http://stockcharts.com/freecharts/industrysummary.html?&V=W&G=SECTOR_SPDR


US Industry Sectors - isatrader - 2014-08-10

Attached are the updated US Major Sector Charts and relative performance table.

[Image: attachment.php?aid=12498]


RE: Stan Weinstein's Stage Analysis - Tryst - 2014-08-10

(2014-08-03, 08:01 PM)MalcolmSm1th Wrote: Tryst, I have my own indcators which I am still tidying up the code for and I am letting them loose on the FTSE-100 (that's London for those who drive on the wrong side of the road) and on Thursday night I had 18 new sell signals on these 100 stocks on top of the others that I was getting all week.

I am waiting to see what tomorrow gives us when our neighbours in England open the markets.

Hi Malcom, how did those FTSE 100 indicators look at the end of last week? Did they deteriorate?


RE: Stan Weinstein's Stage Analysis - pcabc - 2014-08-10

(2014-08-10, 10:51 PM)Tryst Wrote:
(2014-08-03, 08:01 PM)MalcolmSm1th Wrote: Tryst, I have my own indcators which I am still tidying up the code for and I am letting them loose on the FTSE-100 (that's London for those who drive on the wrong side of the road) and on Thursday night I had 18 new sell signals on these 100 stocks on top of the others that I was getting all week.

I am waiting to see what tomorrow gives us when our neighbours in England open the markets.

Hi Malcom, how did those FTSE 100 indicators look at the end of last week? Did they deteriorate?

I'm not Malcolm, however, my stock screener mainly contains UK stocks (not restricted to FTSE100) and I'm seeing a lot more short-term and long-term lows than highs.


RE: Market Breadth Extra - theory6453 - 2014-08-12

(2014-08-06, 10:10 PM)Tryst Wrote: Like, Isatrader stated, it is ultimately your decision.

Though I would ask myself this if (and I am a lot) in your position. Are you clinging onto your trade in hope that it will bounce...although you do have a valid technical indicator holding out to stick to. Though if everything else around the trade is bad, then you need to be emotionless with your trading and make the call.

One of many useful tips from Mark Minervini's book, 'Trade like a stock market wizard', he states that if soon after you place a trade and the trade doesn't act as you expected it too then get out. If the trade changes direction and then does what you initially expected it to, then you can always get back in.

That is easier said than done mind as I am in a very similar position with PGD. I am down about 10% and it is right on critical support. I know if this breaks on a weekly close I will shut out my position.

The Mark Minervini book is brilliant I think as it touches on some core trading traits which I can relate to in past experience. I am meaning to write a review on it under the journal section soon.

Hey Tryst,

Thanks for the feedback and sorry for the late reply as I am just seeing this post right now. Totally agree with your assessment. I ended up selling all three of the stocks in question and don't feel the least bit regretful about my decision. Like you said, they didn't act as expected so I ditched them for better opportunities.


RE: Market Breadth Extra - Tryst - 2014-08-13

No probs, theory6453, and good job on the decision making.

Great quote by the way, the Michal Jordan one.

I'm reading the first Market Wizards book and almost all traders interviewed in that book was taken to the cleaners, and some multiple times.

Does anyone listen to the Michal Covel podcasts? There are some good interviews on there, one of which is with Mark Minervini, along with Jack Schwager, author of Market Wizards, and also some of the traders from the books, such as Tom Basso.

http://www.michaelcovel.com/2014/04/20/ep-230-mark-minervini-interview-with-michael-covel-on-trend-following-radio/

http://www.michaelcovel.com/category/interviews/