Channel Title: Stephen Bigalow Channel Description: Stephen W. Bigalow possesses over twenty-five years of investment experience, including eight years as a stockbroker with major Wall Street firms: Kidder Peabody & Company, Cowen & Company and Oppenheimer & Company. This was followed by fifteen years of commodity trading, overlapped with twelve years of real estate investing. He holds a business and economics degree from Cornell University, and has lectured at Cornell and at many private educational investment functions over the past twenty years. <video> strong sectors market direction September 7, 2023 Description: Candlestick reversal signals at obvious resistance levels produced a strong indication the bullish sentiment had reversed. Currently the Dow, NASDAQ and S&P 500 are all trading below the T line. The Dow and S&P 500 are in a wedge formation, indicating the lack of any major direction. The NASDAQ, trading below the T line produces a strong probability that a down trending trend channel is in progress. The downtrend in the markets make shorting stocks or sitting in cash the high probability trading strategy. However, there are still bullish chart patterns producing profits. Utilize the T line as your last criteria. The strength of the crude oil stocks was based upon the strength in crude oil over the past few weeks. However, crude oil produced a bearish Harami today, indicating the buying had stopped. Numerous crude oil stock charts have now shown sell signals, making this a good place to take profits. The retail sector is showing numerous bearish J-hook patterns. Go with the flow, utilize the bearish J-hook patterns to anticipate wave three to the downside. Join us September 9 and September 23 for strong day trades/swing trade entry points. </video> <video> Market reversal or bouncemarket direction August 21, 2023 Description: The NASDAQ and the S&P 500 had a bullish day but there is still the last criteria that has to confirm a bullish trend, a close above the T line. The summer doldrums remain in progress until there is a consensus of the indexes all closing above the T line the same time or of showing continue to sell signals below the T line. These market conditions do not warrant aggressive trading unless the candlestick signals and patterns show a strong indication. This puts the emphasis on analyzing each individual stock chart on its own merits. Simple scanning techniques allow the candlestick investor to pinpoint which stock positions have very strong bullish or bearish chart patterns. The number of trade opportunities may be greatly diminished in these type of market conditions, but the simple scans will identify the few strong trade set ups. </video> <video> Summer Doldrums, great opportunities Market Direction July 31, 2023 Description: Summer doldrums? Who cares! the advantage of candlestick analysis is allows investors to identify which stocks/sectors are having the strongest price moves. Currently kicker signals are producing very strong profitability to the upside. Dumpling tops are producing good profits to the downside. The major advantage of candlestick analysis is allows investors to identify which stocks last sectors are getting the strongest bullish or bearish sentiment. This is based upon candlestick signals and patterns that have produced high probability results over the last four centuries. </video> <video> Pullback or market reversal market direction August 17, 2023 Description: Is this a market pullback or a full-scale trend reversal? It does not matter. Using the information on a candlestick chart reveals what is going on in investor sentiment. The first candlestick sell signal and a closed below the T line dramatically improve the probabilities the bears are in control. If you acknowledge this, you take out your emotional decision-making, hoping your bullish trades are going to continue higher. There are approximately seven different indicators that reveal whether the bulls or the bears are in control. These are all visual and take approximately 45 seconds to confirm. Currently the downtrend in the market indexes have been confirmed with the fact that they continue to trade below the T line. The talking heads on the financial news stations can give their opinions as to what the market is likely to do. However, the candlestick charts reveal what the markets are actually doing. You can take the guesswork out of your trading analysis by recognizing what the charts are revealing as far as bullish or bearish sentiment. </video> <video> Retail earnings during the Summer Doldrums Market Direction Aug 14. 2023 Description: Although the retail earnings are coming out this week, the overriding influence is the summer doldrums. The earnings related to Walmart and Target may offset each other. This should not produce any great market movement when the summer doldrums of the relevant factors. However, this does not preclude having simple candlestick scanning techniques that allow for identifying very strong bullish charts as well as strong bearish charts. The force of human nature, illustrated in candlestick charts, override a lethargic market trend. The Candlestick Forum constantly teaches how to identify the strongest price movement potentials. When the markets are moving sideways/drifting, the candlestick investor still has a good supply of strong trade setups. </video> <video> Market divergence market direction August 31, 2023 Description: The market indexes are showing some divergence. The Dow may be forming a sideways wedge formation while the NASDAQ and the S&P 500 have formed bobble breakout's, a high probability J-hook pattern set up. This implies is likely to be more upside. This indicates there will be some sectors acting very bullish while other sectors are acting bearish. These market conditions make for having both long and short positions in the portfolio. The strong signals such as the kicker signal and best friend signals are producing very strong price moves. Tonight we will be demonstrating how the J-hook patterns produce not only high probability trades but also high profit trades. Join us tonight in our free chat room session </video> <video> power trades with candlestick signals market direction August 3, 2023 Description: #Powertrades can be enhanced by knowing the direction of the overall market. The downgrade of the US treasury bonds created strong selling in the market indexes on Wednesday, closing the indexes below the T line. Today the indexes tried to come back up above the T line, but the T line acted as a resistance level. This implies the sellers are in control. However, stronger-than-expected earning reports have produced numerous bullish kicker signals. This makes the direction of the market tomorrow important. If the market, especially the Dow, opens lower, it will create a Dagwood signal. The Dagwood signal is an evening star signal followed by a bearish Doji sandwich, an evening sandwich. However, if the markets open positive and trade positive into the end of the day, that would illustrate a sideways market, making having both long and short positions viable trades. In investors analysis becomes greatly improved by knowing what the price movements will be in specific stocks/sectors based upon the combination of the overall market trend analysis and the strong buy or sell signals in each individual stock. Join us tonight in the Candlestickforum chat room for an overall analysis of which stocks appear to have the best high profit power moves. stephenbigalow.com/2week </video> <video> Market direction not yet established market direction August 28, 2023 Description: The market trend remains in an indecisive mode. Although the indexes trade higher today, the Dow actually failed when it hit the 50 day moving average. The NASDAQ and the S&P 500 formed Doji Jones but above the T line. The direction of the market will be much better analyzed based upon the Doji rule. Positive trading tomorrow means the uptrend is likely in progress, whereas a lower open in the indexes would illustrate a sideways nondirectional market. This will make the premarket futures a good indicator tomorrow. Until the market trend can be established one way or the other, having both long and short positions in the portfolio remains a good strategy. </video> <video> Stephen Bigalow is going live! Description: </video> <video> CPI results illustrated with candlestick charts market direction August 10, 2023 Description: The CPI results are much more clearly illustrated when using candlestick charting. Investor sentiment is confirmed by using the T line. As illustrated in today's trading, the indexes show very strong bullish results after the CPI numbers were announced. However, although the indexes finished up slightly positive they closed below where they opened and below the T line. This clearly revealed that bullish sentiment had not taken over. Trading strategies are very simple, if the overall market downtrend is in progress, take advantage of the strong bearish power moves, the bearish best friends, the bearish kicker signals. </video> <video> summer doldrums still produce good candlestick profits market direction August 7, 2023 Description: Although the Dow was up strong today, it did not change the sideways trajectory of the Dow. Add the factor's that the NASDAQ, S&P 500, and the transportation index continue to trades sideways as well as below the T line, there is not any major trend movement to this market. However, the advantage of analyzing candlestick charts is having the ability to scan for the individual stocks that are having the strongest bullish or bearish signals/patterns. This allows for continuing to make good profits even though the overall market trend is sideways. J-hook patterns and kicker signals are still producing good bullish profitability as well as strong bearish best friend signals producing good strong short trades profits. Simple candlestick scanning techniques pinpoint good trades when utilizing the universe of 9500 trading entities. </video> <video> Strong candlestick sell signals market direction August 24, 2023 Description: Candlestick charts provide an immense amount of information about price movement that no other charting technique provides. It cuts through the rhetoric of the so-called experts as far as what the market trend or an individual stock trend is likely to do. It is not conjecture! It is the actual buying and selling decisions of investors. Obviously, NVDA was going to be the big market mover, strong revenue and strong earnings. But the bearish belt hold signal it produced today told you the true decision process of investors. The candlestick forum not only teaches investors of what to identify as strong bullish or bearish signals but also teaches investors what price movements expectations occur because of those signals. For example,MRVL beat earnings by a penny. But in market conditions where the bearish sentiment is in control, the charts will have a completely different reaction versus if a stock beats earnings by a penny during an uptrending market. This is why understanding what is occurring in investor sentiment is much more important than Anticipating what the fundamentals are actually doing. Join us for a two week free trial to understand common sense logic of candlestick charts. </video> <video> Market trend analysis market ddirection September 5, 2023 Description: The markets remain in a consolidation mode, as revealed with the Dow selling off but the NASDAQ and the S&P 500 continue to show bullish strength. This produces market conditions that allow the candlestick investor to identify specific sectors that may be acting bullish or bearish. Currently, the oil stocks are acting strong, crude oil continuing to trade positive into the mid-80s. Additional confirmation is the fact that numerous oil stock charts are producing the same pattern, the J-hook pattern. On the other spectrum, the bearish J-hook patterns are showing up in the retail stocks. This allows candlestick investors to take advantage of long and short positions during market consolidation. The analysis of each chart allows for dramatically improving the probabilities of being in the right positions/trends at the right time. The one basic premise of candlestick analysis is that it is the graphic depiction of what occurs in human nature time after time. Learning the 12 major signals will greatly improve your probability of being in a profitable trades. </video> <video> Market Reversal anticipated Market Direction July 27, 2023 Description: The #marketreversal was anticipated by a basic statistical observation of the Japanese rice traders. A #marketreversal/price reversal has an extremely high probability of occurring after eight consecutive bullish trading days. Why does this work? Human nature! The selling became obvious late in the day when the Dow started trading back through the halfway point of yesterday's candle and more compelling when it started trading below the open of the previous day. Seeing this occur allows the candlestick investor to start taking profits at the appropriate times. The NASDAQ opened positive but immediately started trading lower to the point where it closed back below the T line, forming a bearish left/right combo, one year strongest candlestick reversal signals. This provides the opportunity to start shorting positions. Everything built into a candlestick chart has meaningful expected results. Once you learn candlestick signals and patterns, you become mentally prepared for taking profits and/or moving trades in the opposite direction. Join us tonight as we analyze which bearish trades provide the biggest opportunities. </video> <video> Tesla breakout market direction September 11, 2023 Description: Tesla provided a very strong bullish signal today, the bobble breakout. This makes Tesla a strong bullish candidate for more upside. However, it also may have skewed the NASDAQ, demonstrating good strength well many of the underlying stocks in that index may not have been a strong. Currently, the markets are in a sideways wedge. This indecisive sideways trading is likely reflecting the indecision going into the CPI and PPI numbers. Also the retail sector report will be out at the end of this week. As illustrated in numerous retail stocks, they are in a downtrend. These market conditions allow for identifying good strong bullish trades as well as good strong bearish trades. Mark your calendars! September 23 will be a full day training on utilizing strong entry points that allow for the improved probabilities of a price move confirming. This works both for bullish and bearish trade set ups. </video>

Description

Stephen W. Bigalow possesses over twenty-five years of investment experience, including eight years as a stockbroker with major Wall Street firms: Kidder Peabody & Company, Cowen & Company and Oppenheimer & Company. This was followed by fifteen years of commodity trading, overlapped with twelve years of real estate investing. He holds a business and economics degree from Cornell University, and has lectured at Cornell and at many private educational investment functions over the past twenty years.

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