Weekly Swing Trading Stock Picks With Meir Barak

Weekly Swing Trading Stock Picks With Meir Barak

Swing Trading 16 Comments
Rate this video

For the week starting January 11, 2016: We just finished the worst ever 5 day year opening in Wall-Street’s history. The S&P 500 finished down 5.9%. Last week I anticipated a red opening for 2016, but I was really surprised to see how bad it looked. The trigger was the Chinese market crash, however, the real reason is the 6 year long rally which just cried for a pull-back. What’s next? Fear dominates the market. The market is in “over-sold” territory, but the downside momentum is still too strong to be stopped. We are moving into the quarterly reports season with low expectations. Analysts are estimating a drop of 4.2% in company profits, so this probably won’t save the market too.

Visit my website:
www.tradenet.com

Download the FREE "Part one" of my new day trading book "The Market Whisperer" here: http://lp.tradenet.co.uk/lp/pages/70120000000yAgV_main.html?c=creative or

Or, buy the book at Amazon:
http://www.amazon.com/Market-Whisperer-Approach-Stock-Trading/dp/9655503100/ref=sr_1_1?s=books&ie=UTF8&qid=1410165609&sr=1-1&keywords=the+market+whisperer

Join a FREE 14 day trial to my live Day Trading Room: http://lp.tradenet.co.uk/lp/pages/70120000000Pmpy_main.html?s=pnimi&c=Meir

Watch all my day trading live videos at: http://www.youtube.com/user/TradenetGlobalUK/videos

Back to Top