More About The 2 Stocks Discussed Yesterday
April 28, 2010 by ingrid_mueller
Yesterday, I mentioned that CREE and LULU had lined up to go long providing the broad market and the individual stock were moving up on stronger volume.
However, futures indicated that the market would open down and later in the morning we saw a 100 point drop ending the trading day with a 213.04 decline.
The DJIA dropped below resistance of 11,200 and now sitting just under 11,100. Both the NASDAQ and the S+P 500 dropped below previous levels as well.
Since all three indexes have been overbought since mid-February, this sell-off may generate new entry signals.
We saw heavy profit taking on many of the stocks on our watch list. Now we will wait for clear market direction.
Still Stair Stepping Up
April 26, 2010 by ingrid_mueller
The broad market has been stair stepping up since mid February. We have been waiting for a clear entry point as signified by a new long trigger on the Williams %R.
On Friday, April 16th, it looked as though we might have the beginning of the awaited sell off with a drop of 125 points. Watching to see if Williams %R would descend to -80 or greater.
Instead on Monday the market continued its’ stair stepping pattern. Friday we testd 11,200 on the DJIA.
We have two choices for position or swing trading. Wait for sell-off and a new entry point or if the market consolidates around 11,200 we would enter on a break out with higher volume.
We shall see what the charts tell us this week. In the meantime, review your watch list and create a short list of stocks that are lining up.
Free Webinar: How To Trade ETFs
April 15, 2010 by ingrid_mueller
Join Us for a Free Webinar: How To Trade ETFs
Wednesday April 21 9 PM EST.
Presented by Ingrid Mueller
Since February 2010, the Dow Jones Industrial Average has moved up over 1000 points, the NASDAQ has gained over 250 points with a 100 point gain on the S&P 500 Index.
Recently both the DOW and NASDAQ indexes made a new 2010 high. Since March 9, 2009 the NASDAQ has moved up 89%, the DOW 67%, and the S&P 74%.
The market continues to stair step up breaking through 11,000 resistance on the DJIA. Read more
Mental and Emotional Stability
March 22, 2010 by ingrid_mueller
The goal of trading discipline is mental and emotional stability which reveals crystal clarity about all aspects of trading.
It is generally approached from the viewpoint of controlling thoughts and emotions, becoming fairly dispassionate and neutral in order to execute successful trades. Avoiding getting swept upon the sea of emotions as we are deciding when to enter or when to exit, speculating as to where the market is going to go next.
One scientific estimate says that we have on average 60,000 thoughts per day. If that is true then it is an impossible task to control those wildly active viewpoints in response to what we are observing and experiencing throughout the day, let alone the heat of trading.
What’s Your Guess?
February 22, 2010 by ingrid_mueller
For Christmas I received a subscription to Money magazine . In the first issue there is a poll asking: Where will the Dow finish in 2010?
4 people were quoted. A nurse said stocks will drop and she believes the middle class will struggle for a long time. A teacher said it will be higher but before investing he needs to see unemployment drop. The city planner said the recent rally was premature but she doesn’t think things will get worse. Lastly, the account manager said he thinks it will be about the same. Read more
Let It Go and Come Back Refreshed.
December 21, 2009 by ingrid_mueller
As I prepare to leave on Holiday I am switching gears and putting all things trading aside. Enjoying the wonders of nature is my focus for the next few weeks. Read more
GLD-Gold ETF
December 16, 2009 by ingrid_mueller
For the past 5 days, GLD has tested support of 110. Today it moved up $1.38 with a closing price of 111.59. It has triggered and confirmed long.
Testimonial on FFIV trade
December 11, 2009 by ingrid_mueller
This morning I recieved this testimonial from Gary W. who completed the class last month.
Eight days later.
Stock up 5.31%
Option up 43.24%
New Class Starts October 6, 2009
September 23, 2009 by admin
New online course about Stock and Options Trading
I’m pleased to announce that I will be offering a new online course about Stock and Options Trading beginning on Tuesday, October 6, 2009 at 7-8:30 pm EST.
This is a fantastic time to learn to trade and/or improve your existing skills.
The market is turning around and much profit potential is in store for the coming months.
You will learn skills that will allow you to profit in any market condition, regardless of whether stocks go up or down.
This class is designed to teach you the skills to empower you to take charge of your financial future.
There is no limit to the financial freedom you can create over time.
We’ll be using the “GoToMeeting / GoToWebinar” conferencing service for this course.
It’s a fantastic tool that allows you to see exactly what I see on my PC and to interact with me on-screen and via audio using a VOIP or telephone connection.
The service allows me to present PowerPoint presentations, stock charts and other materials and to annotate these presentations in real time, making it easy to respond to your questions by illustrating important points directly on screen.
Each interactive session is also recorded and made available to you shortly after the conclusion of each lesson as a Windows Movie file (.wmv) that can be reviewed many times using Windows Media Player.
Overview of what you will learn:
- How to trade both stocks and options
- How to trade in any market climate
- 3 trading formulas that will allow you to trade any market conditions
- When and how to enter a trade
- When and how to exit a trade
- Chart patterns that allow for extraordinary gains
- Asset allocation: MONEY RULES
- How to calculate profit and loss
- How to choose high quality stocks
- How to create a personal high quality watch list
- How to virtual trade
- Open your trading account
- How to place a trade
Materials Included
- Trading manual
- Additional support handout and materials as required
- My personal stock list that I use to trade
Required Reading
- Book: “Stikky Stock Charts” by Laurence Holt, ISBN-10: 1932974008
- Buy Stikky Stock Charts at Amazon.com
Course Length: 8 weeks
Cost of Course: $795.00 US
Payment Options:
PayPal (Contact me at mystockcoach@gmail.com for additional payment info)
Check/Money order (Contact me at mystockcoach@gmail.com for additional payment info)
Availability:
The number of participants is limited and this course usually fills up quickly, so if you’re interested in reserving a spot, please contact me as soon as possible at mystockcoach@gmail.com.
I look forward to welcoming you to my virtual classroom.
Until then, remember: Today is a great day to trade!
Sincerely yours,
Ingrid Mueller
New Class Starts July 7, 2009
June 22, 2009 by admin
New online course about Stock and Options Trading
I’m pleased to announce that I will be offering a new online course about Stock and Options Trading beginning on Tuesday July 7, 2009 at 7-8:30 pm EST.
This is a fantastic time to learn to trade and/or improve your existing skills.
The market is turning around and much profit potential is in store for the coming months.
You will learn skills that will allow you to profit in any market condition, regardless of whether stocks go up or down.
We’ll be using the “GoToMeeting” conferencing service for this course.
It’s a fantastic tool that allows you to see exactly what I see on my PC and to interact with me on-screen and via audio using a VOIP or telephone connection.
GoToMeeting allows me to present PowerPoint presentations, stock charts and other materials and to annotate these presentations in real time, making it easy to respond to your questions by illustrating important points directly on screen.
Each interactive session is also recorded and made available to you shortly after the conclusion of each lesson as a Windows Movie file (.wmv) that can be reviewed many times using Windows Media Player.
Overview of what you will learn:
- How to trade both stocks and options
- Three proven trading strategies
- How to create your own personal trading plan
- How to choose the correct option
- Option rules
- How to trade in any market climate
- When and how to enter a trade
- When and how to exit a trade
- Chart patterns that greatly increase your potential for extraordinary gains
- Chart patterns that herald a change in stock direction in advance
- Asset allocation: MONEY RULES
- How to calculate profit and loss
- Guidelines for choosing which stocks to trade
- Virtual practice trading
Materials Included
- Trading manual
- Additional support handout and materials as required
- My personal stock list that I use to trade
Required Reading
- Book: “Stikky Stock Charts” by Laurence Holt, ISBN-10: 1932974008
Course Length: 8 weeks
Cost of Course: $795.00 US
The number of participants is limited and this course usually fills up quickly, so if you’re interested in reserving a spot, please contact me as soon as possible at mystockcoach@gmail.com.
I look forward to welcoming you to my virtual classroom.
Until then, remember: Today is a great day to trade!
Sincerely yours,
Ingrid Mueller
Webinar Updates / Newsletter
