Entravision Communications ( EVC ): Unfortunate break of 3-week support after the stock had initially managed to break $10.25 resistance. Stochastics had weakened through the 3-week consolidation and are not oversold enough to suggest the downside is done. The 50-day MA is looking like a logical support level. The 600 share lot closed for a +$612 ( 12% ) profit. Collective2

In my weekend post I had highlighted the importance of channel support for the Russell 2000 . Given the comprehensive break in this index one would have to be skeptical for the prolonged health of the other indices. The Trade Ideas scan significantly slowed to 56 minutes for the top 8 picks, and only 6 picks for the "20-appearance" list: If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial. Trade Ideas

Another week of bullish action. What did the Stockcharters have to say about it? Joe Reed suggests anything over "1,500" will soon be the end of the bull market. But hasn't opted to guess a top in the Dow: His Oil Index chart is interesting and is suggesting a top is in place (or will be very soon): Mitchell Meana has updated his Elliot Wave counts, but I am unclear of the larger count (comments welcomed!): Although stochastics are showing an interesting rising wedge on the 60-minute chart of the DIA , irrespective of the wave count involved: The same goes for his 60-min Qs , although its rising wedge has been breached to the downside (without any major break in price yet). For the Nasdaq 100 he has labelled an upside target of 1,914 for an expanded 'C' wave up. Alternative target is 1,892 if wave C was to be equal to wave A, which is more or less where it finished on Friday. For the Russell 2000 he has outlined a rising A-B-C-D-E bearish wedge: Ted Burge kep...

I was perhaps a little over zealous raising the stop in order to minimize some of the risk. The stock did little to alter its current consolidation but did enough to hit the stop I had set. The 300 share position closed for a -$11 loss . Collective2

Markets closed the day near (or at) channel resistance. The Nasdaq 100 ended the day on a "shooting star" right against resistance keeping it toasty over the near term. The Trade Ideas scan took a sizable 24 minutes to pick its 8 most recent stocks. While the "20-appearance" list lengthened to 3 hours 34 minutes . Time for the pullback to channel support. Good time for a short? If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial. Trade Ideas

This was a double 3:1 Trade-Ideas play so the final return was quite handsome; the 300 share play closed for a +$1,158 profit (12% gain) for just over 1-months work. If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial. Trade Ideas Collective2

Another stellar day for the markets with breakouts in Tech and Small caps (the latter just) to follow the earlier breaks in the Large caps. Markets are well on their way to reaching their measured move targets . The Trade Ideas scan was strong; the top 8-picks came in at 2 minutes and the "20-hit" list covered 1 hour 47 minutes . If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial. Trade Ideas

The Trade Ideas 3:1 trade reached its 6% target. The 100 share lot closed for a +$439 profit in what was a relatively straightforward trade. Collective2

Many Bloggers post their trades after the fact, but Collective2.com allow individuals (and bloggers) to generate their trades in real-time. This is an additional performance measure over and above the entry-stop-target monitoring and is a more manageable system for those not looking to get a stream of stocks on a daily basis, but want a more personally managed system. Collective2.com is a third party system and I have no affiliation with them other than they host my sample portfolio. My Collective2 portfolio features stocks from the Trade Ideas scan and my newsletter, but never holds more than 8 stocks at any one time. In addition, individual stocks never have more than $15K allocated to the position irrespective of the total value of the portfolio, or the number of stocks held. I base equity exposure on a $100K account which can be easily scaled to any account size (e.g. buying 800 shares for a $100K account would translate as 80 shares for a $10K account, or 1,600 shares for a $200K ...

At the moment I don't offer a Newsletter Service. If you are interested in stockpicks you can access them (for free) here . Alternatively, you can follow my Twitter feed where stocks are posted regularly. Thanks, Declan May 2011 Fallond

Big gains in the semiconductor index filtered through to Tech averages, reversing some early losses and giving the day a net bullish feel. The Trade Ideas scan was brisk with the top-8 picks coming in at 2 minutes - a big step up from yesterday. The "20-appearance" list was slower and covered 3 hours 32 minutes . Whereas yesterday's buying was focused on a few stocks, today's was considerable broader (and therefore more bullish). If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial. Trade Ideas

After Friday's gains it would have been surprising to see another big day in the markets, but bulls will have taken solace the bulk of Friday's gains held into the close. The top-8 Trade Ideas picks covered a time span of 8 minutes - just shy of the bearish 10-minute mark. However, the "20-appearance" list was more brisk and covered 1 hour 11 minutes , suggesting whatever buying there was, was channelled into fewer stocks. If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial. Trade Ideas

Big gains for large caps topped a good week for the averages. What had the Stockcharters to say about it. Dr. Joe is showing mixed signals; the Dow breakout is clear - but overbought technicals are bearish(?): Mitchell Meana was unchanged in his assertions and is looking for downside targets in the face of new market highs (negating some of his earlier wave counts). Ted Burge opens with a good chart for the semi-conductor index: with the point-n-figure chart to back his thesis: Matthew Frailey also has issues with the wave count for the market. Are we looking at an expanded flat (A-B-C)? Although he hasn't marked a top - the S&P 500 Bullish percents doesn't look like it has much room left to run: Jack Chan has been watching Oil and Gold. He has in place a Trend-Line-Break-Sell-Signal for the Oil Services Holders: Energy Select Sector SPDR: Gold Bugs Index: and Gold & Silver Index: Robert New noted the S&P's fast approach to March 2000 highs: But he shows ...

Tech and to a lesser degree, small caps, got the case of the Downer Debbies as the Nasdaq struggled to post the gains seen in the Large caps. Its struggles were all the more surprising given recent strength in the semiconductors. The Nasdaq has a case for a double top: But there are no such concerns for large caps: while small caps fell between the fences with some nice gains today, but still some resistance to overcome: The end result was to leave a substantial divergence between the tech averages and the rest of the markets. The problem for the large cap rallies is its hard for buyers to know when to step in; every buyer likes to 'get a deal' and its hard to do this when the market rallies every day. Look at the degree of pullback in the large caps from late March, and compare that to early April and this week; greed is overcoming fear. Who will be left holding the can? There is likely better potential for gains in small caps and tech because orderly buying can been seen from...