Stock Market Review

A Crashing Consumer and Failing Banks

This week we post two reports.

The Great Consumer Crash of 2009 by James Quinn (as posted on seekingalpha.com) talks about housing, debt, confidence, spending, etc.

Dead Men Walking by Bennet Sedacca (via John Mauldin) talks about what banks are most capable of surviving, the ones which are either "too big to fail" or have valuable assets should the companies be broken up, and which one are "dead men walking," or doomed to failure.

Bullish Chart Patterns

VIDEO - Symmetrical Triangles
VIDEO - Ascending Triangles
VIDEO - Flags
VIDEO - Wedges
VIDEO - Pennants
Video - Rectangles
Video - Cup n Handle
Video - Head n Shoulders
Video - Trendlines

Neutral Chart Patterns
Video - Symmetrical Triangles
Video - Rectangles

Bearish Chart Patterns

VIDEO - Symmetrical Triangles
VIDEO - Descending Triangles
VIDEO - Flags
VIDEO - Wedges
VIDEO - Pennants
VIDEO - Rectangles
Video - Head n Shoulders
Video - Trendlines

http://www.leavittbrothers.com/

NWY CHART

This security breaks out over $11.70 so keep it on the radar.

Pre-Market Gappers

Gapping up:

SIGM +4.9%, PETM +4.4%, WM +3.4%, FRE +3.2%, ELN +2.2%, IBN +1.7%...

Gapping down:

FRPT -17.5%, LAVA -11.4%, DELL -9.6%, NOK -3.5%, MRVL -3.1%, CCL -2.8%, NOVL -2.5%, QCOM -1.8%, AFFY -1.4%, OVTI -1.3%.

Stock Market Review

Pre-Market Gappers

Gapping up:

SEED +13.1%, MBI +10.6%, ABK +10.1%, JAS +8.5%, AMLN +6.0%, ENER +5.9%, TIF +5.9%, GEF +5.2%, GA +4.7%, MW +4.0%, RDN +3.8%, ALU +3.8%, MTG +3.1%, FRE +2.5%, BT +2.5%, JCG +1.2%, BHP +1.1%, BCS +1.1%...

Gapping down:

FCEL -24.3%, CHU -5.4%, CWTR -5.2%, CHL -5.0%, TIVO -4.4%, NOK -1.3%.

Stock Market Review

Pre-Market Gappers

Gapping up:

FRE +8.1%, APSG +7.6%, FNM +5.9%, SOLR +5.8%, SOLF +3.3%, BP +1.6%, AFL +1.5%, LEH +1.4%, MNRO +1.0%...

Gapping down:

NEXM -63.2%, AMLN -13.3%, JCG -6.9%, MAT -3.7%, BMY -2.2%, LLY -1.2%, TSRA -1.1%.

Stock Market Review

Pre-Market Gappers

Gapping up:

TMA +100.0%, CLNE +8.4%, MDRX +3.4%, COH +2.8%, UAUA +2.5%, APC +2.4%...

Gapping down:

SIRF -4.5%, RTP -3.2%, BP -1.8%, RDS.A -1.7%, TOT -1.6%.

Stock Market Review

Break Out List Market Technical Analysis

Pre-Market Gappers

Gapping up:

DSTI +8.1%, FRE +1.6%, DK +4.3%, GW +1.7%, JBLU +1.2%, WNR +1.2%, STP +1.2%, HOV +1.0%...

Gapping down:

FNM -6.0%, LEH -3.2%, DB -1.5%, NOK -1.2%.

VIDEO - Symmetrical Triangles (bearish)

A new video (bearish Symmetrical Triangles) has been added to the Leavitt Brothers Chart Pattern video series.

Bullish Chart Patterns

VIDEO - Symmetrical Triangles
VIDEO - Ascending Triangles
VIDEO - Flags
VIDEO - Wedges
VIDEO - Pennants
Video - Rectangles
Video - Cup n Handle
Video - Head n Shoulders
Video - Trendlines

Neutral Chart Patterns
Video - Symmetrical Triangles
Video - Rectangles

Bearish Chart Patterns

VIDEO - Symmetrical Triangles
VIDEO - Descending Triangles
VIDEO - Flags
VIDEO - Wedges
VIDEO - Pennants
VIDEO - Rectangles
Video - Head n Shoulders
Video - Trendlines

http://www.leavittbrothers.com/

Stock Market Review

Pre-Market Gappers

Gapping up:

DAL +7.6%, FNM +2.1%, FRE +1.9%, HOV +1.8%, RBS +1.2%, TXCO +1.2%...

Gapping down:

AUY -3.4%, LVS -3.1%, BP -2.2%, TOT -1.4%.

Stock Market Review

Pre-Market Gappers

Gapping up:

NOVN +7.1%, LTD +6.3%, CHMP +3.9%, BYI +3.1%, SGLP +2.9%, CREL +1.9%...

Gapping down:

JDSU -10.7%, ISSC -9.6%, FRO -5.7%, FNM -4.1%, LYG -3.7%, CRM -2.3%, TOT -1.8%, RDS.A -1.6%, SNPS -1.0%.

Stock Market Review

Pre-Market Gappers

Gapping up:

PAY +27.3%, USEG +24.8%, STP +5.0%, OTEX +4.7%, PDLI +4.2%, RTP +3.3%, HPQ +3.0%, GOLD +2.4%, BHP +2.3%, SSL +2.1%, SYT +2.0%, MT +1.5%...

Gapping down:

NVTL -14.3%, ARAY -7.5%, OSTK -3.7%, ADI -2.6%.

Stock Market Review

Pre-Market Gappers

Gapping up:

XFML +17.6%, WCG +10.8%, FMR +3.9%, DEG +2.6%, HD +2.0%, FSLR +1.8%, NMX +1.7%, CME +1.0%...

Gapping down:

CNTF -21.9%, ABMD -9.8%, HBC -2.6%, FNM -2.1%, UBS -2.1%, ING -2.1%, DB -2.0%, AIG -1.5%.

Stock Market Review

Pre-Market Gappers

Gapping up:

UB +11.5%, SDTH +8.2%, GFI +5.1%, TSL +3.3%, TOT +2.7%, SLV +2.4%, MT +2.2%, UBS +2.1%, RDS.A +2.0%, BP +1.5%, RTP +1.0%...

Gapping down:

FNM -5.7%, FRE -5.1%, HSY -4.4%, LEH -1.5%.

SOLR CHART

This is a new issue in the Solar group so keep it on the radar.

VIDEO - Pennants (bullish)

A new video (Bullish Pennants) has been added to the Leavitt Brothers' Chart Pattern tutorials...

Bullish Chart Patterns

VIDEO - Symmetrical Triangles
VIDEO - Ascending Triangles
VIDEO - Wedges
VIDEO - Flags
VIDEO - Pennants

Bearish Chart Patterns

VIDEO - Descending Triangles
VIDEO - Wedges
VIDEO - Flags
VIDEO - Pennants
VIDEO - Rectangles

Here's our report on the financial crisis and many of the responses we got...

How Did We Get Into This Financial Mess?
Responses to How Did We Get Into This Financial Mess?

http://www.leavittbrothers.com/

Stock Market Review

AMLN CHART

Good looking chart on this security and it could follow through today or next week so keep it on the radar.

Pre-Market Gappers

Gapping up:

FFHL +25.6%, ABK +14.0%, NWMO +13.5%, MBI +10.5%, EMIS +8.8%, APP +8.6%, ADSK +8.5%, UAUA +5.0%, GOLD +4.9%, KONG +4.7%, CROX +4.7%, NRG +3.9%, LEH +3.5%, KSS +3.2%, OPLK +3.1%, SPWR +2.3%, FNM +2.3%, WM +2.3%, FRE +1.9%, MER +1.3%, UNP +1.0%...

Gapping down:

BLG -12.1%, SLV -9.3%, HAR -6.7%, AAUK -5.0%, NSPH -4.9%, DV -4.2%, GLD -3.0%, ABX -2.9%, YRCW -2.3%, JWN -2.1%, RICK -1.9%, NOK -1.7%, DB -1.7%, AUY -1.4%, RTP -1.3%,HBC -1.2%.

Stock Market Review

Pre-Market Gappers

Gapping up:

HLYS +18.1%, VM +9.5%, IDEV +9.1%, ASYS +6.5%, IOC +6.4%, IVZ +6.0%, BKE +3.4%, UBS +2.9%, BHP +2.9%, GOLD +1.9%, AUY +1.9%, CLNE +1.8%, RDS.A +1.6%, LCAPA +1.3%, GPRO +1.2%, TS +1.0%...

Gapping down:

PMII -40.0%, SPRD -20.5%, GRRF -15.1%, COIN -15.0%, PAET -6.2%, NTAP -4.2%, ING -3.8%, BCS -3.4%, ASML -2.4%, REIS -2.1%, MDAS -2.0%, PMTI -1.8%, NOK -1.1%.

Stock Market Review

Gapping Up

In reaction to strong earnings/guidance: DISK +19.7%, LFT +10.8% (light volume), CFSG +9.9%, SORL +7.8%, SBLK +6.3% (light volume), BRCD +5.1%, NVDA +4.6%, CREE +4.3%, APEI +2.5%, DPS +2.5%, AMAT +2.3%, TOL +1.3%, SQM +1.0% (light volume)... M&A news: LDG +29.9% (CVS Caremark to acquire Longs Drug Stores for $71.50 per share)... Select metals/mining stocks modestly rebounding: AAUK +2.1%, HMY +1.8%, AUY +1.7%, GG +1.2%... Other news: RAD +8.6% (trading up in sympathy with LDG), MHGC +6.4% (Zabeel and Mubadala square up for Morgans hotels - Times of London), TS +2.7% (still checking), ASML +2.0% (still checking), HRB +1.2% (Ameriprise Financial to acquire H&R Block Financial Advisors for $315 mln).

Pre-Market Gappers

Gapping up:

LDG +29.9%, RAD +17.2%, DISK +16.2%, CFSG +10.9%, NVDA +8.2%, SORL +7.8%, CREE +7.0%, APEI +3.3%, GOLD +3.1%, VPRT +2.6%, AAUK +2.1%, ASML +2.0%, WAG +2.0%, ING +1.3%, E +1.2%...

Gapping down:

ATC -17.8%, PODD -16.2%, TWB -12.4%, WCG -9.0%, DE -7.7%, CVS -4.4%, ERII -4.2%, CUK -3.7%, CBMX -3.4%, CSIQ -2.9%, BCS -2.9%, BP -2.4%, DB -2.3%, BOBE -1.8%, BTI -1.8%, HBC -1.7%, RTP -1.7%, CRME -1.1%.

Stock Market Review

Pre-Market Gappers

Gapping up:

SPPI +21.5%, LDK +19.1%, AMCN +12.2%, CSIQ +9.7%, AOB +5.6%, SOL +5.4%, FLR +5.3%, ALU +2.9%, TWTC +2.7%, ESLR +2.1%, GILD +1.7%, FSLR +1.6%, CSC +1.6%...

Gapping down:

SCA -18.8%, TRAK -14.5%, ZOLT -8.6%, HBIO -8.5%, MRGE -8.3%, MDR -6.9%, ASEI -6.8%, CMED -4.9%, AW -4.8%, MBLX -4.1%, NUAN -2.9%, VTR -2.6%, GS -2.2%, GOLD -2.1%, GLD -1.8%, MS -1.7%, CCL -1.5%, BHP -1.5%, JASO -1.4%, SNY -1.3%, SI -1.2%, RTP -1.1%.

Break Out List Market Technical Analysis

Stock Market Review

Pre-Market Gappers

Gapping up:

CHIP +27.3%, LGF +5.0%, ABK +2.3%, ALU +1.8%, BP +1.4%, RDS.A +1.2%...

Gapping down:

SIRF -17.1%, TOD -7.7%, RCL -2.1%, ABB -1.5%.

Stock Market Review

VIDEO - Trading Ideas

Last week we did a summary of our set ups from July; this week we offer a handful of trading ideas for next week...

VIDEO - Trading Ideas for Next Week

Here's our report on the financial crisis and many of the responses we got...

How Did We Get Into This Financial Mess?
Responses to How Did We Get Into This Financial Mess?

Leavitt Brothers' Chart Pattern tutorials...

Bullish Chart Patterns

VIDEO - Symmetrical Triangles
VIDEO - Ascending Triangles
VIDEO - Wedges
VIDEO - Flags

Bearish Chart Patterns

VIDEO - Descending Triangles
VIDEO - Wedges
VIDEO - Flags
VIDEO - Pennants
VIDEO - Rectangles

http://www.leavittbrothers.com/

Break Out List Market Technical Analysis

Pre-Market Gappers

Gapping up:

QLTY +66.7%, ENOC +11.9%, QSII +10.2%, SAPE +10.0%, INT +9.3%, MBI +8.7%, FRP +8.2%, PEGA +5.1%, PCR +4.7%, GERN +3.8%, NTLS +3.5%, CHINA +3.3%, AGO +2.3%, SD +1.9%, BRKS +1.6%, HANS +1.4%, LYV +1.4%, UAUA +1.0%...

Gapping down:

PRX -22.5%, KNOT -12.9%, GFI -8.1%, XOMA -8.0%, GFF -7.3%, KRG -7.0%, GOLD -5.5%, CROX -5.1%, DECK -5.0%, DNEX -3.8%, PANL -3.8%, DIVX -3.6%, LMC -3.1%, AUY -3.0%, PARL -2.6%, ELX -2.6%, TOT -2.2%, RDS.A -1.6%, SLV -1.6%.

Stock Market Review

Pre-Market Gappers

Gapping up:

RTK +11.9%, NFS +10.7%, CAR +9.3%, GIVN +8.6%, LMIA +8.0%, COGO +7.4%, TMTA +5.7%, AAP +4.7%, BAGL +4.3%, UBS +4.2%, KBR +4.1%, SUN +4.0%, HAYN +3.7%, STO +3.2%, DB +2.7%, BCS +2.6%, RTP +1.6%, SINA +1.5%, E +1.3%, BP +1.3%...

Gapping down:

DITC -18.9%, STV -14.7%, AIG -7.7%, MSSR -7.6%, CTRN -7.5%, CECO -7.3%, VRSN -6.7%, INCY -4.9%, SVNT -4.4%, ALG -3.8%, LEH -3.2%, WMT -2.9%, CCL -2.1%, RCL -1.7%, MEE -1.4%, SUNH -1.3%.

Break Out List Market Technical Analysis

Stock Market Review

Pre-Market Gappers

Gapping up:

ILE +244.8%, SCA +39.3%, DVAX +14.9%, ABK +12.1%, MDRX +10.2%, ONNN +8.9%, BIDZ +8.8%, HLS +8.1%, OPWV +7.7%, HOKU +7.6%, ACAS +7.2%, CSCO +5.8%, RTP +4.6%, AMKR +3.6%, BHP +3.5%, HLF +3.2%, WBMD +2.7%, USU +2.6%, PZZA +1.4%, BP +1.3%...

Gapping down:

MFLX -21.4%, PCLN -17.6%, EAC -16.2%, WFMI -14.9%, INAP -14.4%, SNCR -10.9%, BMRN -10.0%, QSFT -9.5%, FRE -6.7%, MEE -5.9%, S -5.3%, GSS -5.1%, ALSK -4.9%, SHPGY -3.4%, NVS -3.4%, MOLX -3.3%, HCP -2.8%, LTRE -2.3%, DRRX -2.2%, WMS -2.2%, MSCS -2.0%, HBC -1.6%, AREX -1.3%, JCOM -1.2%, EXPE -1.1%.

Stock Market Review

VIDEO - July Archives

This week we do a summary of our July set ups...

VIDEO - July Archives

Last week we talked about the financial crisis...

How Did We Get Into This Financial Mess?

Leavitt Brothers' Chart Pattern tutorials...

Bullish Chart Patterns

VIDEO - Symmetrical Triangles

VIDEO - Ascending Triangles

VIDEO - Wedges

VIDEO - Flags

Bearish Chart Patterns

VIDEO - Descending Triangles

VIDEO - Wedges

VIDEO - Flags

VIDEO - Pennants

VIDEO - Rectangles

http://www.leavittbrothers.com/