Sign up for a
Free 15-Day Trial!
  • Jack's Intraday Swing Trade Alerts with
    Action-Oriented Trading Advice
  • Detailed Guidance for each Trading Idea & Live
    Interaction w/ Jack
  • Technical Chart Analysis of both Stocks & Indices
  • Market Timing from a Pro who called the Market Top in
    October 2007 & Bottom in March 2009
  • Live Chat Room, Audio Q&A ... and Much, Much More!

Join Swing Trade Online

with Jack Steiman Join Now!

Jack's Wrap

Relief Rally... End Of Pullback Or More To Come?.....Bull/Bear Improving Dramatically....
Wednesday, August 26th 2015 By Jack Steiman
Today pretty much went as expected. Dramatically oversold conditions not seen in basically forever. A six-day down move that was historic in nature, and caused daily index-chart RSI's to get well below 20, which is extremely rare. The futures were up big yesterday into the same type of oversold conditions, but nearly five-hundred points worth of Dow gains ended the day with two-hundred points worth of losses. This caused an even more ridiculous oversold condition that was finally alleviated with today's huge up move. So not that we've gotten the expected move off the bottom the next question on everyone's mind is was this the end of the selling? Was this the beginning of the next massive up leg? That remains unclear. Today had to happen to relieve oversold but now we find out more. There is the first headache technically at 1970 on the S&P 500 where there's a strong gap down still wide open. After that it would be a full back-test of the 2040 breakdown. ... Read More
 

Recent Calls

VRTX +3.47%
Jul 31-Aug 4
 
VRTX +5.71%
Jul 31-Aug 5
 
AAPL +3.54%
Jun 15-Jul 20
 
AAPL +4.02%
Jun 15-Jul 21
 
PPG +3.07%
May 27-Jun 23
 
Enjoy Jack's daily market technical analysis
FREE by signing up below.
We respect your email privacy.

Testimonials

“As a 7 year subscriber to your service, I was never more in control of my portfolio than when I started with you. I took the course, listened to most of the chats and it has been a wonderful education all these years. All the improvements you've made to the site are terrific. My investments, thanks solely to you and this service, have generated great returns while managing the risk. To me, that's the name of the game. I can't imagine navigating these past years without you so many, many thanks.”
"HSowel" - Trading Room2015-08-10
“I started with the trading room... and couldn't be more Happier!! I've been reading Jack's Wrap for about 3 years and now wish I was involved sooner!! You do an outstanding job with both your written and verbal commentaries! I really look forward to the daily chats and the Wraps.”
"MarcRas" - Trading Room2014-06-03
“I appreciate your mails more than you can ever know..over the years you have given me a feeling of understanding of something I truly wanted to understand..........from the old AOL chat rooms ( we loved it when you popped in ) thru today you remain the best of the best at teaching us old dog's how to survive these markets.........from the bottom of my heart I thank you for what you do and the way you do it”
Billy Elmore Grand Bay, AL2013-01-03
“Jack was one of the few that warned us of a downturn that happened a week or so ago and he's correct again. He's one of the most important financial advisers to listen and pay heed to regarding markets. When Jack speaks, I listen! I wish others were as honest as Jack. I've gotten numerous emails saying it's crazy not to invest in this downturn, wanting people to pay them $50 for five stocks that will do great. Ha! Jack is one of the very few I trust, and I believe he really cares about the common man's welfare more than the almighty Dollar.”
Anne Hargrove - WA2012-11-12
“For sure the risk management in Jack's world is priceless.”
"Mary" - Trading Room2015-08-10
“"I'd like to thank you profusely for all the money I have made as a result of using your service and sage advice. I have made a TON of money using your service. I have learned a great deal about technical analysis from you, and it really works. I recommend your service to everyone I know. You are a great guide during these challenging times, and I highly value your thoughts and opinions. Keep up the GREAT work!"”
Alex NasonStamford, CT3/31/11
“"Jack is BY FAR the only one of the millions of analysts whom I have been able to "connect" with in the way that he explains everything. He really gets the message across, and the best part is his results speak far more than anything else!"”
Roberto AlvarezMesquite, TX03-21-11
“Being conservative in this crazy market to me is a smart thing and I think those of us with you feel the same. I'm thankful to have found your service and only wish I had done so years ago instead of months ago! Every market gives us new things to learn and you are a great teacher . . . . with your help I'm up for the year so far.”
"Cowgirl" - Trading Room2015-08-10
“Jack brings passion for educating the individual trader about technical analysis. He wants to give you the edge he sees the pros using: a deeper understanding of technical indicators."”
David MorrowEditor-in-Chief, TheStreet.com
“I've been a member for a little over 3 months now and have to say that I am incredibly impressed with your insight into the stock market. You've taught me some very important lessons with respect to patience, appropriateness and emotion. I pretty much rely on your alerts for trading (and usually regret when I don't!) - and your comments on the market are truly invaluable.”
Nick GudkaCulpeper, VA02-14-11
“Jack, I used to run a trading desk on Wall Street and only wish I had a technical guy of your expertise. You are extremely good at what you do."”
Michael DoctorHolmdel, NJ6/12/09
“I have taken many advisory letters over the past 30 years, but I have NEVER taken a letter which has the depth, common sense and knowledge which you display."”
Rob LedbetterHenderson, NV
“You are freaking phenomenal, Jack! Thanks for a steady hand at the wheel in a time of great uncertainty."”
Everton BaileyGreenacres, FL5/19/09
“My profit on your last 2 trades already paid for a year of SwingTradeOnline. My account is up more than 20% since I joined the service 4 months ago. Your analysis has made the difference."”
Marilyn OttGreenwood Village, CO12-16-10
“I joined up a few months ago, and during that time, Jack has been consistently and repeatedly correct with market fluctuation predictions, based on his expertise with the chart analysis. Jack's priority is safety for his subscribers, and that has been a critical key particularly in this kind of market. I feel very confident in following Jack's buy and sell recommendations."”
Joe PowellLaguna, CA
“Mr. Steiman, as I have followed him over the many years, has been quite informative and sometimes downright brilliant in his uncanny ability to pick a market and the stocks within."”
Roland AudetSatellite Beach, FL
“Jack, I've been very impressed with your work. Smart calls, superb analysis, great market knowledge and an appropriate 'cautious optimism' summarize for me your take on the market and your work. Keep up the great effort!"”
Guy NapierHinsdale, IL3/22/10
“Before signing up, I had been told that Jack was one of the best. I have now discovered that for myself. Over the four months I have been a subscriber, the value of my investment account has increased 140% thanks to Jack! In my investing experience, an incredible achievement!! His regular updates, honesty, personal touch, genuine interest in the well-being of subscribers, and trading knowledge and skills are unmatched in my experience with other trading services. I'm looking forward to a long association with SwingTradeOnline. Keep up the good work."”
James TurnerSun City, AZ6/23/09
“Thanks for the thoroughness and persistence of the analysis. Nothing like it anywhere I know of." ”
Steve KruvantSouth Orange, NJ10/6/09
“I just want to THANK Jack for providing information that a new investor/swing trader can use, understand and trust. Now when time is limited I only need to read SwingTradeOnline."”
Robert MaherPort Charlotte, FL
“Jack, thanks for the guidance along the way. You have been spot on. Many thanks." -Trader1 | "Excellent commentary, thanks!" -Eddy | "Wonderful addition to your service. Great job!" -Richie | "Thanks for comments on stops & chasing weakness. I've been trading 2 yrs, lost thousands prior to joining SwingTrade! Thanks for all your help." -Toby”
Comments In & About New Chat RoomChat Room4/27/10
“Jack, what a great reader of the market you are. Never too brash, just looking for opportunites whatever the market does. I really appreciate your comments and they help me to understand what is going on.”
Roy HookerBrisbane, Queensland, Australia6/10/10
“Jack Steiman is excellent on short- to intermediate term timing for swing trades. For people looking for short-term swing trades both long and short as well as market direction, there's nobody better than Jack on the Web!"”
Al SlaytonLos Angeles-based financial advisor and subscriber
“Educator, investor, trader ... Jack Steiman shows you how to move from emotion to "appropriateness."”
David PennTraders.comJanuary 2007
“I look forward to reading your views each trading day. They seem to be the only steady, rational, based on experience opinions I have access to. There is so much 'doom and gloom', 'the apocalypse is imminent' fear mongering out there to wade through that, 'When all around you are losing their heads', I find your choice of wording, the tone of your daily emails very concise and helpful. All I want is a clear-eyed view, a steady hand on the wheel and the facts as I can digest them from someone whose opinion I've come to respect.”
N. HarrisToronto, ON8/23/11
“Jack, I've learned more from you in the past few months than in all the previous 10 years I've been studying the market from other sources, especially on the subject of divergence and sentiment - probably the two most powerful technical indicators. Very educational!”
Dean DunhamEnglewood, CO09-16-11
“"Jack, thanks for all your help. Because of your advice, I no longer feel like I'm driving down the Garden State Parkway with a blindfold on!"”
Gary KlophausPipersville, PA10/24/11
“"I can't believe how thoroughly you run the service. It is FABULOUS! I am way up since I joined in April. Thank you, thank you Jack from my family of four!!!"”
Tim ReynoldsDanville, CA10/25/11
“I've been a member of your service since May 2011, and I want to thank you for the valuable education that you provide. I've tried other services, but they don't provide the incredible level of analysis that you do. I now successfully trade less on hope and more on reason. The webinar is vital - I need to hear your voice of reason. ”
Kim H.Palatine, IL12-05-11
“I've tried different services over the years and I have never had such a solid service as you provide. I enjoy the market comments and the trading discipline that you talk about. ”
Ricky JaramilloHolualoa, HI2012-03-28
“i have paid for 3 years worth of zac in 6 weeks...and i haven't been playing the big moves or options. it's awesome.”
"Guiseppe" - Trading Room2013-10-24
“Jack, as I hope you know, we all appreciate your helpful advice and teaching. This week you helped me a lot when you said Monday's action was a possible topping. When I saw your thoughts I sold my long positions. As it turned out I made a small amount. But of greater importance was the amount that I saved by selling the long positions. So as you have taught us, its not all about gains but avoiding big losses. So again, THANKS!”
"ncdon" - Trading Room2013-12-13
“I have only been a member for a few months, but have learned so much . . . from you and all the other quality members on this site. The honesty, integrity and leadership you bring to this service is hard to find these days. ”
"Cowgirl" - Trading RoomTrading Room2015-03-13