StockTradingHero – Free Stock Technical Analysis | ETF Market Trends | Stock Trading Strategies

While it is a no-brainer to most stock traders that the market has rallied unusually hard over the past two weeks, it is quite another thing to understand which sectors are leading or lagging the stock market. Based on a simple research from E*trade’s tools, I found that the Technology Sector has outperformed the broader stock market over the past 3 months, 6 months, and 1 year, and is likely t...

Shares of Goldman Sachs (GS) have enjoyed a powerful run up since its Nov 2008 lows, rising over 3 folds as of today.  Part of this run up is due to its recent Q2 earnings announcement on 14 Jul 2009 that blew past analyst expectations, giving the stock the momentum to push past its June consolidation.  GS is fundamentally a very strong stock.  I won’t go into details about its fundamentals, ...

For diversification purposes, it’s a good idea to consider trading foreign stock markets via exchange traded funds (ETFs).  One interesting market I’m adding to my watchlist is the MSCI Singapore Index (EWS). From the chart below, you can tell that EWS recently broke out of a 2-month consolidation to reach new highs for the year.  Technical analysis shows the next major resistance to be ...

Market sentiment remains bullish with the S&P500 breaking into new Year 2009 highs over the past few trading days.  The “500” is testing its next resistance at 1006 which it failed to break during a technical rebound at end Oct 2008.  Stock trading is tricky at this stage – you wouldn’t want to be caught in a correction if the 1000 level fails to hold. Fibonacci retracements also ...

Welcome to my StockTradingHero blog! I hope you'll find the info on this blog useful....