Stock Market Forecast For Week Starting December 20 2010

by David Jenyns on August 24, 2011

www.guerillastocktrading.com (CLICK HERE FOR THE FULL REPORT) I go over the 9 most important stock charts to show you why I believe next week will continue the uptrend in the stock market.
Video Rating: 5 / 5

StockTradingMaster August 24, 2011 at 11:19 am

Thoughtful video and analysis… thumb up

fischer3x3 August 24, 2011 at 11:31 am

fantastic

StockTradingMaster August 24, 2011 at 11:34 am

@goldietrades Yep, good eye.

goldietrades August 24, 2011 at 11:34 am

Nice Cup/Handle on that dollar chart..

2306Punky August 24, 2011 at 11:39 am

The opinions are shared, I plan to think has Christmas…and hollydays!!!

StockTradingMaster August 24, 2011 at 11:55 am

@stormtrooperbb One other note, last year the S&P 500 went up going into the Christmas holiday but volume was lower each day approaching the final day before Christmas. That final day before Christmas, volume was about 1/4th the 50 day MA for volume so don’t get caught in a liquidity trap.

StockTradingMaster August 24, 2011 at 12:22 pm

@stormtrooperbb I’ve held different opinions on this throughout the years. The volume should really drop off next Thursday as institutional day traders that have millions of dollars on the line will close out positions for the long weekend news cycle. If you are up big in a stock and you want to take profits on Wednesday or Thursday, that makes sense. I wouldn’t take a loss though just to zero out positions ahead of Christmas.

stormtrooperbb August 24, 2011 at 12:40 pm

a general Q lance
better to hold or sell before holiday non trading days ?

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