MarketWatchers LIVE

11/9 MarketWatchers LIVE Recap - Blog Highlights - Anatomy of a Trade



Welcome to the recap of Thursday's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Listen and watch a show devoted to technical analysis of the stock market with live market updates and symbols that are hot. You'll find the latest episode here.

Information abounds in our Monday-Friday 12:00p - 1:30p shows, but the MWL Blog will give you a quick recap. Be sure and check out the MarketWatchers LIVE ChartList for many of today's charts. 

Your comments, questions and suggestions are welcome. Our Twitter handle is @MktWatchersLIVE, email is and our Facebook page is up and running so "like" it at MarketWatchers LIVE. You'll also find archives of our shows on our Facebook page and YouTube channel. Don't forget to sign up for notifications at the end of this blog entry by filling in your email address. 


Friday (11/10) - Erin's Workshop on Chart Patterns

Wednesday (11/15) - Greg Morris will be our guest

Thursday (11/16) - Greg Schnell will talk about Point and Figure Charting

What Happened Today?

Blog Highlights: Tom and Erin gave viewers a tour of the Blogs area on Erin highlighted this blog as well as the DecisionPoint blog. Tom discussed John Murphy's Market Message and the Don't Ignore This Chart blog.


Ten in Ten Before One: In this regular segment, Tom reviews ten charts in ten minutes with Erin's comments and comments from the Twitter "peanut gallery" peppered in there. Send in your symbol requests via Twitter (@mktwatcherslive) before the show and we'll try and add them. Symbols reviewed today: CY, SGG, MNRO, ADI, CMI, MU, CTL, EWZ SWN and WLH.  You'll find all of the charts in the MarketWatchers LIVE ChartList, located at the top of the MarketWatchers blog homepage.


Anatomy of a Trade: Tom and Erin went over trades they have recently made or in Erin's case today, she looked at some buy and hold trades from the past. For "buy and hold", Erin reviewed when and why she turned off (cashed out) some of her equity holdings and moved to metals in 2011 and then back to equity trades. She looked at the market at the time, showed when she moved to metals and when she opted to buy back in. The main point was that she considers IT Trend Model Neutral signals to be a warning to divest or hedge or at a minimum evaluate. Notice the negative crossover that occurred on a buy signal that had been intact for nearly a year.

Tom explained his rationale for trading (JD) using everything from candlesticks to volume and MACD.


It's a Wrap! In closing Erin discussed the Twitter viewer poll from Thursday to see what their vote was on What they would do with VFC.


Looking Forward:

Tune in on Friday at 12:00p - 1:30p EST on 11/10 for Erin's workshop on Chart Patterns and a sentiment review! The regular segments, Ten in Ten to One and Mailbag are also on tap for Friday, where we look at your recent questions and symbol requests.

Don't miss it!!

Helpful MarketWatchers LIVE Links:

Facebook - MarketWatchers LIVE Page

YouTube Channel for StockCharts

Erin's PMO Scan

Tom's Trading Places Blog

DecisionPoint Blog


PMO -Price Momentum Oscillator

RSI - Relative Strength Index

OBV - On Balance Volume


Erin Swenlin
About the author: helped create and manage the website alongside her father, Carl Swenlin. Together, Erin and Carl launched the DecisionPoint daily blog in 2009. She hosts the MarketWatchers LIVE web show at, and is also a Member of the CMT Association. Learn More
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