Why Now Is The Time To Take A Bullish Stance; Arista, TSM, FICO In Focus | Stock Market Today
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- Опубліковано 9 тра 2024
- As the market starts to trend above a key level, now is the time to take a more bullish stance. Mike Webster and Alissa Coram walk through this week’s technical action and stocks to watch in the Friday extended version of Stock Market Today.
HOMEWORK
14 instances where we were trending above the 21-day line (5 days of low above it) without a FTD:
10/14/75
1/2/76
10/6/77
2/8/78
3/14/78
3/5/81
11/21/83
10/22/85
10/30/86
9/16/88
3/8/90
10/9/2020
3/23/2023
5/9/2024
Narrowing it down to low above 50-day and 200-day winnows it down to the following:
10/14/75
10/6/77
2/8/78
3/14/78
3/5/81
10/9/2020
3/23/2023
5/9/2024
Stock Market Today: May 10, 2024
Hosts: Alissa Coram & Mike Webster
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So grateful to have Webby's wisdom easily available again. Webby, your teaching is so clear and appreciated. Thank you!
Thank you Lisa
Thank you Mike and Alissa, excited to join swing trader webinars! Have a great weekend!
Thanks so much!
Mike is one of my favorite IBD guests! Excellent technical analysis. Love the historical instances and the homework :) Thank you!
That's nice of you...thank you
Love the technical knowledge i get from these end of week shows.
Thank you!
Ali & Webby, solid Friday show. I try to shut it down every Friday around lunch for the week. This new program and Scott St.C. Take on The Market preps me for new trading week. Thanks IBD peeps for your conviction to the craft.
Thank you Henry, and Scott does a GREAT job!
These Friday webinars are very educational and practical! Thanks!!
Much appreciated Mark.
Webby, it's' so good to have you back...there are no words...
I'm thrilled to be back...doing these shows with Ali are so much fun
Really amazing that so much of Mike's and Allie's knowledge is available here for anyone.
Thanks Rich!
Mike and Alissa, thank you very much!
You are welcome
These Friday roundups with Michael are just fantastic! Thanks guys!
Thank you!!!
Mike, I have been a subscriber for decades but a full time trader for only two. I have always enjoyed the product and the team, but, you are taking this to another level. I am so grateful for your input. This is the closest we will ever get to working side by side with Bill O Neil and I am drinking up all the knowledge you are pouring out. PLEASE keep it up !!
You made my day Glenn!
Great information, as usual, everyone at IBD!
Thanks brother
Wow, as usual another great Friday wrap-up session! Thanks Mike and Alissa.
Thansk John
Thank you Webby and Ali! Got to do my homework now. Have a great weekend!
Thanks for watching
Whenever a stock undercut a key support area and then get right back above it and retest it you then know in most case it was the professional shaking the tree to pick up stocks at a cheaper price!
True...but sometimes that tree falls over;))) Thanks for watching Kevin
love this progrAM THE FRIDAY
Thanks for watching!
Webby is right. Ali is on top of the market like the true pro she is. Cool show.
Yes she is!
I Love the new format with Mike on Fridays and I like that the M-Th videos seem to be reduced to 12 minutes are so, that makes my reviewing life much easier.
Mike Webster and Brian Shannon are the Socrates and Euclid of trading teachers. Together, they will make you prosperous beyond your wildest dreams.
Brian is great!!! Thank you
Love these Friday Webby videos!!!
Thanks!
Thank you both!
Great Friday show. I am a forever fan!! ❤
THANK YOU!
Why do we keep saying that qqq didn't have a follow through day on Friday 4th? 2% move. Higher volume
We do not use ETFs for FTDs...that would be problematic (remember QQQs volume is for the ETF only...not for the market)...we use index (Nasdaq or NYSE) level volume. All the best to you!!!
Great show as always.
Webby Rocks.
So does Ali.
Like the shoutouts today.
Not as many rock n roll references this week. I’ll forgive you though.
The show was still strong. 💪!!
Much appreciated Jim!
Great show. Thanks
Right on!
Top notch stuff, thanks to both. Glad voice seems better, Webby.. very Zen like!
Thanks for that
❤ thank you mike and ali 🤩
Which stock do I buy
Awesome program!
Thanks for watching!
Happy Birthday Justin
Chart like this, does it indicate swing opportunites or long term holdings? it seems to me that this is long term holding strategy?
Both IMO
Would like to see more on specific companies during your program.
Okay, its tricky because the show is already too long for most folks. I'd suggest watching IBD Live where we go over things in more detail...I'm on most Mon, Wed & Fridays
When Mike speaks, you listen.
Oh, thank you
Cannot say enough thank you!
Thank you!!!!
thanks Mike
Thank you!
Thank you so much 😊🙏
Anytime!
What triggers the need for a follow thru day? Did we pull back enough to require a FTD?
We covered that in detail on IBD Live...but right now we need a 1% advance on an increase in volume...for FTDs
It seems like a lot of instances the shakeout plus three buy point coincides with the 50 day.
Yes, that's normal
Another one for the record books. Thank you all.
Thank you!
Awesome! How to learn more about Webby’s system? I’m a Market Surge and ST subscriber.
I'm on IBD Live Mon, Wed & Friday...so you can watch there...and of course Jusint and I will be doing a weekly ST video too. Thanks for your support!
when is marketsurge going to track or relative measured volatility?
I'm working on a new rating for that...stay tuned
Bless you guys thank you
Right back at you! Thanks for watching
This is my must see TV. You asked about ideas for the show. What kind of size should one put on when swing trading? I know there's the sleeping point and I've been able to get into 15% of portfolio position trading which I've always built into. Anything you can suggest?
Tune into our SwingTrader podcast/webinar on Tuesday...we'll discuss position sizing...thanks for your support.
Awesome
Right on!
Do more of these❤
Every Friday!
Any UK stocks for us over the channel?
We could cover ADRs...
5 Stars
Thank you! I'm going to shoot for 5.150 stars next week;)
FICO ?
got sales to back up the price?
IMO that level of sales is fine for that type of business...you either want rapid sales growth or steady...both are rare. Time will tell...
Hi, you didn't advise us on the best pairs to use for this strategy nevertheless thanks for the training your the Boss
Thank you
Who is the skinny long haired Lebowski dude? 😂
Well played Ross!
hello
It’s not all good in the hood it reversed on earnings 😭🤣
That was an ugly reversal
Why put the new Tuesday SwingTrader video on UA-cam for free? What is the point of being a sub if you are going to go over your reasons/trade plan for buying current positions? Going over closed positions would be ok, but open trades not fair to paying subs. Enough new positions are given away on IBD Live & Stock Market Today.
Yes, the Tuesday show will be free. Its tricky because I want everyone to understand what and why we are doing things...going on UA-cam seems like the best way to do it. BUT if you don't subscribe you won't know what we are doing in REAL TIME. As you know we are very active with ST...so waiting a week would be too late. For folks who dig ST I think subscribing is a must. I personally think its dramatically underpriced for what I want to turn it into...just my 2 cents.
Alissa mmmm
Get a life
?