Evening folks! Nice week in the markets the past 5 days with the s&p up nearly 1% and the russell2k leading the charge nearly up 2%. Tricky week ahead as we have opex week which in January tends to have a bit bearish undertones historically. That coupled with earnings, economic data, and news from overseas …
ELN- breakout watch over 14.10 REDF- flagging on 50dma support, watching for a break of the flag ACAS- consolidating for a week.. a break of 7.43 should set it off SMSI- stock looks strong.. closed on highs friday.. watching for continuation this week. Really nice volume expansion SVNT- flat base looking for a break of …
Good afternoon folks. Here is a video of the market indices and the action in the past week. We will be looking at the SPY, IWM, QQQ, USO, SLV, GLD, XLF, XLE to get an idea of potential outcomes this coming week in the markets and also in these specific sectors. [screencast url=”http://screencast.com/t/sHw3e3dNpJ25″ width=”” …