Warren Bevan | TalkMarkets | Page 5
Full Time Swing Trader/Technical Analyst
Contributor's Links: Wizzen Trading
Warren Bevan is a renowned trader who’s honed his craft over the years learning the styles and techniques of Jesse Livermore, William O’Neil and Dan Zanger and forming his own unique style. He focuses on making money and going hard when the right markets present themselves and during ...more

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Ripping On Rate Hike
A bit of giveback today after the sweet, sweet action of Wednesday afternoon after it was announced the interest rates are increasing 0.25% as widely expected.
‘Twas The Night Before A Rate Hike
Volatility picked up this storm day in NYC and on the even of a likely 0.25% rate increase. That said, the rate hike is baked in and I don’t see this little spat of weakness as anything other than that, for now.
Moving Off Extreme Oversold Readings
It wasn't a bad Friday but not the strong close to the week I was looking for. Miners are telling me metals will bounce in the week to come along with lots of other stocks after a week of rest and a small correction.
Stocks: Just A Little Rest
A little correction is fine as stocks need to rest. They cannot sprint or run everyday without burning out so this slow jog, and rest, is great action which will allow this uptrend to continue to be sustainable.
Rally Rides On
Another great week as the bull market is strong, my friends. We’re starting to see some rotation into the riskier biotech stocks which should mean a pickup in volatility, which would be great if it’s on the upside.
Biotech Is Back In Play
Stocks and markets continue to act great as the bull market rages on. Biotech stocks are really picking up so I’m looking to perhaps switch up a few positions in the not too distant future.
Bull Flag Setup
The bull market remains intact and should for a couple more years but there will be corrections along the way.
Grinding
I heard a stat that we’re about 45 days without a 1% move but what they don’t mention is that we are trending nicely higher. I still see many calling for tops and the “need” for a large correction.
Heavily Long Over The Long Weekend
The week ended on a positive note as we continue to trend higher. Many, many buys have hit and are working well so there aren’t a ton of buy levels around.
AAPL Set For A Higher Low
The bull market continues and stocks are acting great, along with buying and holding as a strategy. That said, many, including AAPL​, may roll over to rest a bit, and give us a higher low in this trending market.
IWM Follows
With SPY, IWM and QQQ all breaking nicely higher out of bases I don’t much other than upwards action coming our way, still.
The Bull Market Is Strong And Is Showing No Sign Of Stopping Yet
Great action and that’s that. The bull market is strong and is showing no sign of stopping yet so buying the odd little dip remains the only strategy. Ride the trend while we are lucky enough to have it.
Never Short A Dull Market
Quite a quiet day today overall, dull one could say. They say to never short a dull market, sometimes they’re wrong but this time I suspect they are right.
A Strong Close To The Week Is Super Positive
We ended the slightly choppy week on a very positive note, which is just what we want to see. In bull markets we often see early day weakness but then strength into the close, as institutions do their buying.
More Solid Action From Stocks And Markets
More solid action from stocks and markets with no sign of a correction that I can spot. Strong closes are important in bull markets and that’s what I continue to see.
AAPL Earnings Day
AAPL reported solid numbers and is up about 3% this evening and this should be nothing but good for stocks going forward.
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