Quick Summary SPY short entry on strength. New Focus List additions CAT, Z, AAPL. TLT setup. The Market Key Pivot Levels: 196.05: new high resistance, 190: old high support 188.44: 50 day moving average 181.31: recent low Under the Hood: SPY did little today. Though it hung around my $196 entry level today for a …
GDP is a big winner for Trade Report members, posting a 17.7% gain ($4,180) in two weeks. We stalked GDP in the Trade Report Focus List as it began to form the classic breakout-pullback swing trade setup. Winners were alerted of the setup in real time for both entry and exits. Take a look at …
Quick Summary SPY at extreme overbought levels on all indicators. Shorting strength. AMZN, FB, DHI, WLB, ALNY and HALO are on focus list. Z, GS, BIDU and GS are possibilities as well. New watchlist additions from biotech and other strong sectors. Still holding GOOGL and KORS long. The Market Key Pivot Levels: 195.38: new high resistance, …