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American

Banking on AmericaIt is no mystery that the longer the Fed keeps from raising rates, the harder it is for banks to make money which depresses their stock values. In anticipation of the eventual rate increase, certain banks have taken the brunt of the punishment the past few years as they struggle to restructure to become more efficient in an ever increasingly competitive market but some are showing value when the rates begin to rise. To understand how to trade this chart: www.chann3ls.com Available from www.chann3ls.com
NYSE:BACLong
by MarketAlly
1
DOW JONES OVERVIEW: AMERICAN EXPRESS RISKS TO TAG 5-YEAR MEANAmerican Express has fallen below 1st standard devations from quarterly (66-day) and yearly (264-day) means, thus entering short term downtrend Price is also trading within 1-st standard deviation from 10-year (520-week) and 5-year (260-week) moving averages, meaning that it is in lateral trend on long term basis If the short term downtrend holds (price trading below 76.4-77.1 levels), there is a high probability to tag 5-year mean at 75 level Scenario is canceled, if price returns to trend on 10-year basis by spiking above 1st standard deviations from 10-year mean (above 80)
NYSE:AXPShort
by Killy_Mel
PAL Chaikin Money Flow BullishTrading today has been bearish for the stock as people take profits near resistance. However, the Chaikin Money Flow (CMF) is above zero which says the bullish trend is still in effect. The CMF operates regardless of how bullish or bearish market participants may opine to be one day or the next. As seen on the chart the trend remains upwards as the CMF is above zero. Thus when the CMF is bullish above zero, and the chart shows red days, peaks, drops, or consolidations these are possible buying opportunities. It really is not much different than going to the store and shopping with coupons. Read more about this indicator and its uses at www.tradingview.com Note that this indicator should not be used as a stand-alone buy or sell decider. It can be out of sync at times but it is helpful in confirming chart trends if it has worked in the past, just like any indicator or system one might use. If it seems out of sync then perhaps people are drawing trendlines on the indicator to see where it breaks through instead of seeing when it crosses the zero line.
BATS:PALLong
by trademan1
Bullish On Airlines? Kiplingers had an article on airline stocks that opened with "There's an old wall street joke about how to end up with $1 million worth of airline stocks...Start with $10 million." "In 2000, nine airlines controlled about 80% of the U.S. markets. Today, just four companies control about the same percentages." Looking at the major players American Airlines presented the best opportunity for a cheap buy on the pullback. Looking at the technicals, what we have here is a potential Gartley and Bat pattern completion which also lines up with a 61.8 Fibonacci retracement from this stocks all time lows. Long-term I'm still cautious about ever being too bullish on airline stocks because of the numerous factors that can affect them but as a trader, if you're looking to get long this looks to be a prime area. Akil
NASDAQ:AALLong
by Akil_Stokes