{"id":1580,"date":"2009-07-26T20:12:41","date_gmt":"2009-07-27T01:12:41","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=1580"},"modified":"2009-07-26T20:41:03","modified_gmt":"2009-07-27T01:41:03","slug":"weekend-review-july-20-26-2009","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/weekend-review-july-20-26-2009","title":{"rendered":"Weekend Review: July 20 &#8211; 26, 2009"},"content":{"rendered":"<p>The SPY finally traded above that 95 level this week.\u00a0 In fact, it traded above that level for most of the week.\u00a0 With earnings surprises to the upside from most S&amp;P companies, it&#8217;s understandable as to why.\u00a0 Even in the face of tech heavy weights MSFT and AMZN selling off on initial earnings results, we managed to hold a bid above that crucial level.\u00a0 Now beginning this week, all eyes are on the 98 level for immediate resistance, and 96.70, which was Friday&#8217;s support.<\/p>\n<p>A <a href=\"http:\/\/blog.afraidtotrade.com\/dow-and-sp-structure-completing-broadening-formations\/\" target=\"_blank\">broadening formation<\/a> is being completed on the major indices.\u00a0 Even as we&#8217;re making new 8 month highs, this is something to be aware of.<\/p>\n<p>Ask yourself <a href=\"http:\/\/www.thekirkreport.com\/2009\/07\/up-up-away.html\" target=\"_blank\">what can go wrong with the market<\/a>.\u00a0 A look at measuring risk over longer time frames, and trying to figure out where the best risk\/reward scenarios are.<\/p>\n<p><a href=\"http:\/\/globaleconomicanalysis.blogspot.com\/2009\/07\/calpers-rolls-dice-gambling-that.html\" target=\"_blank\">CalPERS rolling the dice<\/a> to make back some money.\u00a0 Why not?\u00a0 The US Government has made it well known that it will bail out the players that are too big to fail.\u00a0 And frankly, CalPERs is too big to fail.\u00a0 Take a risk and if it pays off, you&#8217;re flat, if you lose more, you have your backstop.<\/p>\n<p>A look at<a href=\"http:\/\/traderfeed.blogspot.com\/2009\/07\/great-traders-five-distinguishing.html\" target=\"_blank\"> five distinguishing features<\/a> of great traders.\u00a0 I must agree with all them.\u00a0 I know for me, when I&#8217;m trading my best, I&#8217;m doing all those things.\u00a0 One thing I have been working on over the past few months is being very strict on my discipline as to when to get into trades.\u00a0 Some great advice and things to focus on to improve your trading.<\/p>\n<p>Don&#8217;t forget to <a href=\"http:\/\/twitter.com\/smbcapital\">follow us on Twitter!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The SPY finally traded above that 95 level this week.\u00a0 In fact, it traded above that level for most of the week.\u00a0 With earnings surprises to the upside from most S&amp;P companies, it&#8217;s understandable as to why.\u00a0 Even in the face of tech heavy weights MSFT and AMZN selling off on initial earnings results, we managed to hold a bid &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/weekend-review-july-20-26-2009\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":167,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1580","post","type-post","status-publish","format-standard","hentry","category-general-comments-2","no-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Weekend Review: July 20 - 26, 2009 | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/weekend-review-july-20-26-2009\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Weekend Review: July 20 - 26, 2009 | SMB Training\" \/>\n<meta property=\"og:description\" content=\"The SPY finally traded above that 95 level this week.\u00a0 In fact, it traded above that level for most of the week.\u00a0 With earnings surprises to the upside from most S&amp;P companies, it&#8217;s understandable as to why.\u00a0 Even in the face of tech heavy weights MSFT and AMZN selling off on initial earnings results, we managed to hold a bid ... Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/weekend-review-july-20-26-2009\" \/>\n<meta property=\"og:site_name\" content=\"SMB Training Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/smbcap\/\" \/>\n<meta property=\"article:published_time\" content=\"2009-07-27T01:12:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2009-07-27T01:41:03+00:00\" \/>\n<meta name=\"author\" content=\"Gualberto\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:site\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gualberto\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/weekend-review-july-20-26-2009#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/weekend-review-july-20-26-2009\"},\"author\":{\"name\":\"Gualberto\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/e49ab2da69c1d65da4d7e9d4470a9dfa\"},\"headline\":\"Weekend Review: July 20 &#8211; 26, 2009\",\"datePublished\":\"2009-07-27T01:12:41+00:00\",\"dateModified\":\"2009-07-27T01:41:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/weekend-review-july-20-26-2009\"},\"wordCount\":280,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"articleSection\":[\"General Comments\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.smbtraining.com\/blog\/weekend-review-july-20-26-2009#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/weekend-review-july-20-26-2009\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/weekend-review-july-20-26-2009\",\"name\":\"Weekend Review: July 20 - 26, 2009 | SMB Training\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\"},\"datePublished\":\"2009-07-27T01:12:41+00:00\",\"dateModified\":\"2009-07-27T01:41:03+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/weekend-review-july-20-26-2009#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.smbtraining.com\/blog\/weekend-review-july-20-26-2009\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/weekend-review-july-20-26-2009#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.smbtraining.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Weekend Review: July 20 &#8211; 26, 2009\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/\",\"name\":\"SMB Training Blog\",\"description\":\"Lessons from the trading desk\",\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.smbtraining.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\",\"name\":\"SMB Training\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png\",\"contentUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png\",\"width\":230,\"height\":81,\"caption\":\"SMB Training\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/smbcap\/\",\"https:\/\/x.com\/smbcapital\",\"https:\/\/www.youtube.com\/user\/smbcapital\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/e49ab2da69c1d65da4d7e9d4470a9dfa\",\"name\":\"Gualberto\",\"sameAs\":[\"http:\/\/gualbertodiaz.com\"],\"url\":\"https:\/\/www.smbtraining.com\/blog\/author\/gdiaz\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Weekend Review: July 20 - 26, 2009 | SMB Training","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.smbtraining.com\/blog\/weekend-review-july-20-26-2009","og_locale":"en_US","og_type":"article","og_title":"Weekend Review: July 20 - 26, 2009 | SMB Training","og_description":"The SPY finally traded above that 95 level this week.\u00a0 In fact, it traded above that level for most of the week.\u00a0 With earnings surprises to the upside from most S&amp;P companies, it&#8217;s understandable as to why.\u00a0 Even in the face of tech heavy weights MSFT and AMZN selling off on initial earnings results, we managed to hold a bid ... Read More","og_url":"https:\/\/www.smbtraining.com\/blog\/weekend-review-july-20-26-2009","og_site_name":"SMB Training Blog","article_publisher":"https:\/\/www.facebook.com\/smbcap\/","article_published_time":"2009-07-27T01:12:41+00:00","article_modified_time":"2009-07-27T01:41:03+00:00","author":"Gualberto","twitter_card":"summary_large_image","twitter_creator":"@smbcapital","twitter_site":"@smbcapital","twitter_misc":{"Written by":"Gualberto","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.smbtraining.com\/blog\/weekend-review-july-20-26-2009#article","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/weekend-review-july-20-26-2009"},"author":{"name":"Gualberto","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/e49ab2da69c1d65da4d7e9d4470a9dfa"},"headline":"Weekend Review: July 20 &#8211; 26, 2009","datePublished":"2009-07-27T01:12:41+00:00","dateModified":"2009-07-27T01:41:03+00:00","mainEntityOfPage":{"@id":"https:\/\/www.smbtraining.com\/blog\/weekend-review-july-20-26-2009"},"wordCount":280,"commentCount":0,"publisher":{"@id":"https:\/\/www.smbtraining.com\/blog\/#organization"},"articleSection":["General Comments"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.smbtraining.com\/blog\/weekend-review-july-20-26-2009#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.smbtraining.com\/blog\/weekend-review-july-20-26-2009","url":"https:\/\/www.smbtraining.com\/blog\/weekend-review-july-20-26-2009","name":"Weekend Review: July 20 - 26, 2009 | SMB Training","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/#website"},"datePublished":"2009-07-27T01:12:41+00:00","dateModified":"2009-07-27T01:41:03+00:00","breadcrumb":{"@id":"https:\/\/www.smbtraining.com\/blog\/weekend-review-july-20-26-2009#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.smbtraining.com\/blog\/weekend-review-july-20-26-2009"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.smbtraining.com\/blog\/weekend-review-july-20-26-2009#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.smbtraining.com\/blog"},{"@type":"ListItem","position":2,"name":"Weekend Review: July 20 &#8211; 26, 2009"}]},{"@type":"WebSite","@id":"https:\/\/www.smbtraining.com\/blog\/#website","url":"https:\/\/www.smbtraining.com\/blog\/","name":"SMB Training Blog","description":"Lessons from the trading desk","publisher":{"@id":"https:\/\/www.smbtraining.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.smbtraining.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.smbtraining.com\/blog\/#organization","name":"SMB Training","url":"https:\/\/www.smbtraining.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png","contentUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png","width":230,"height":81,"caption":"SMB Training"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/smbcap\/","https:\/\/x.com\/smbcapital","https:\/\/www.youtube.com\/user\/smbcapital"]},{"@type":"Person","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/e49ab2da69c1d65da4d7e9d4470a9dfa","name":"Gualberto","sameAs":["http:\/\/gualbertodiaz.com"],"url":"https:\/\/www.smbtraining.com\/blog\/author\/gdiaz"}]}},"_links":{"self":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/1580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/users\/167"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/comments?post=1580"}],"version-history":[{"count":0,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/1580\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/media?parent=1580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/categories?post=1580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/tags?post=1580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}