this trade explains the parabolic bounce setup I use. Its specifically used for bottom fishing stocks that have fallen greatly. One of the greatest truest things in the stock market that will always be around is men and women […]
Trade review on LEI. Good trade. This was a swing/momotrade. 1st we add as a swing trade on support right on the 20dma. When you have a momo stock you have to realize the traders at some point will chase […]
I have to first start by saying that we had an epic day in the Boom Factory. My man, Kunal, picked up a ridiculous amount of stocks that rocketed through the roof. It was hard to believe that the market […]
Here is a video recap of a few stocks we probably should have been involved in Friday for nice scalps. If you have any questions, let me know.
evening folks. Nice day in the markets thursday and friday while i was gone. At this point when market has broken key levels of support you have to assume the market is guilty till proven innocent. So any bounces toward […]
Summary: Market is sitting on support levels in the macro view with many stocks sitting on or failing below support. Libya and Japan continue to the fuel the bears as bulls trade nervously. In other words, it will be harder […]
Retail swingers continue to get their butts kicked as intraday market volatility and heavy alogos (little black boxes) push prices through stop orders and abuse anyone not willing to ride the wave. Thus, I’m not spending much attention on swings […]
The devastation in Japan is on a scale I don’t think any of us can truly grasp. It’s hard to think about how we can profit from this disaster, but there are opportunities to consider. In the meantime, consider giving to the JETRF by clicking on the GlobalGiving link to the right. At this hour (10pm central on Sunday), the asian markets have fallen off significantly with the TOPIX and NIKKEI leading the way (obviously).
Hey folks. interesting week in the stock market. That consolidation pattern that we had been watching for quite some time finally broke through the downside. We saw some definite signs of distribution. We did have a nice snapper on Friday. […]