Watch List Update
Swing Watch List Updates
Day: July 14, 2011
Another Messy Day, But…
In last night’s blog post, I mentioned concern that the market is currently topped out until the debt ceiling issue is resolved. I still believe this is the case and stocks will spend the next week, or two, hitting their heads on a market ceiling even with solid earnings trying to push them to new …
Trade Review RXII 7/12/2011
Hey guys this is a trade review for RXII. This is one of my fav daytrade setups. Often in the right market conditions this flag pattern can actually run for multiple days and can be used as a swingsetup. Due the heavy sell pressure in the markets that day the setup got faded even though …
The Ride Continues
Get your roller coaster game face on! The market continues to act erratic and struggle to find direction… and I don’t expect this to change anytime soon. The last two days have seen short lived attempts by the bulls to move the markets up – just look at the SPY inverted hammers. These continued failed moves to …