Javascript DHTML Drop Down Menu Powered by Drop Down Menu - Options and Stock Strategies For Income

SignUp For Updates 

  You are here:

Bookmark and Share



August 2 2011 - Selling Intensifies
August 1 2011 - Bear Returns
July 28 2011 - Before The Open
July 27 2011 - Down But Are We Out?
July 20 2011 - Stock Market Volatility
July 18 2011 - Investors' Nervousness
July 15 2011 - Earnings VS Bleak Data
July 14 2011 - Below 1310
July 13 2011 - Ugly Looking Chart
July 12 2011 - Razor's Edge
July 8 2011 - Nasdaq Leads The Way
July 5 2011 - Expected Weakness
July 1 2011 - Overbought
Jun 28 2011 - July Rally?
Jun 27 2011 - Mixed Signals 
Jun 21 2011 - Bottom Or Bounce?
Jun 16 2011 - Raising Cash
Jun 15 2011 - More Downside To Come?
Jun 14 2011 - Bounce or Bottom?
Jun 12 2011 - Batten Down The Hatches
Jun 6 2011 - Bounce Sometime Soon?
Jun 2 2011 - Sell Signals and Warnings Everywhere
Jun 1 2011 - How Bad Could The Selling Get
Jun 1 2011 - Tread Carefully - Markets Remains Overvalued
May 31 2011 - Success - 100 Day Moving Average Tested
May 17 2011 - Be Careful Out There
Apri 18 2011 - Two Bears Compared
Apr 13 2011 - Why I Bought Puts Today
Apr 4 2011 - Breaking The February Highs
Mar 16 2011 - The Art Of Being Wrong
Mar 15 2011 - Market Remains Resilient
Mar 11 2011 - Trend Is Down
Feb 25 2011 - Trend Turning Bearish
Feb 11 2011 - Still Up - But Watch For June
Jan 3 2011 - Trend Remains Positive


Market Direction Call S&P 500

July 12 2011 - Razor's Edge


Any bounce at this point has to be sold into

While it would be nice to see a bounce, there is no way the selling if over. The question is whether or not the S&P 500 can hold at 1310. If it breaks and closes below, then the next level of support is 1300 and after that I believe the market could retest the 200 day moving average.


Let's look at the 3 all important indices for this week.
Below is the XLF sitting just below the all important $15.00 support level. I discussed this level back on July 8 .

XLF July 12 -2011

The SPX is sitting at 1313.64. 1310 marks support. 1300 marks the last line of support. From there I think it will be an easy drop to the 200 day. If the market gets there, then it will be time to reassess.

SPX July 12 2011

I had indicated that this week, it would be important to watch the NASDAQ. Today the NASDAQ fell further than the S&P 500 and the DOW. This cannot be a good sign.

.NASDAQ July 12 2011

All the indices are on the razor's edge. It will be a simple matter, to fall off. If that happens, then the previous fast, big rally will have been a great disappointment. That will take the market some time to recover from and could mean the July rally was one of the shortest on record.



Disclaimer: There are considerable risks involved in all investment strategies. Trade at your own risk.
Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed or presented are financial advice, trading advice or recommendations. is a private website. Everything presented and discussed are the author's ideas and opinions only.
By using this site, you agree to be bound by its terms of use. The full terms of use can be read here. If you do not agree to the terms of use, do not use this site. The author of assumes no liability for topics and ideas discussed, errors and omissions, ads and their content and external links. Any corporate insignia used are registered trademarks of their respective company or corporation and are being used for identification purposes only. All material copyrighted by Reproduction in whole or in part prohibited. Copyright 2008

 |  site map  |  privacy policy  |  contact me  |  subscribe  |  exchange links  |  the author of fullyinformed  |