Our play last week in shorting ARNA is an example of a parabolic short. What is parabolic? In terms of a stock Parabolic means the last big upthrust in a stock in an extreme uptrend. There is an emotional frenzy or even panic buying as a stock goes vertical. During this time there is very …
Market index performance 1st quarter Nasdaq Comp: +18.67%Russell 2000: +12.06%S&P 500: +12% Wow what a quarter! One of the strongest in memory. This has been one of the better runs ive personally seen in the market since ive been trading. Like I been telling my guys this type of environment are those times your …
Well that was a heck of a first quarter we had!! We had one of the biggest runs in history for the first quarter for the market. As I been repeatingly telling you guys nonstop since December this is the type of action you see once every so often and so you have to take …