The rumor mill trading is back on.  Just like a repeat of 2011 right when we were on the precipice of a breakdown the “magic hand”  came back to rescue the market starting a full blow squeeze.  Once the momo started you could see a mad rush of people trying to add some risk to their ports and get their hands on any stock that was too extended and close to a bottom.  We arent out of the woods just yet.  For all we know we just got a quick squeeze.  Going to need to see some follow through tomorrow.  I held $dmd and $opnt overnight in case the market wants to gap but Im still using bear market trading tactics for the moment as we are still in a shorterm downtrend within a longerm term uptrend.

 

WE had a great week in the chatroom.  Besides for a couple mishaps on friday due to the transfer onto the new bullson.ws  4.0 site I didnt trade much.  We were though for the week 18 for 25 on alerts which is not to bad for a falling market.  If I had been more focused and not broke a couple rules I could have boosted the numbers significantly as I missed a few gimme trades that normally I would have found like $bks intraday break on friday.

TRADES FROM LAST WEEK

If you want to see how I trade checkout our SHORT TRADE IN GRPN  last week.

 

bulls crew! our next 16 day trading bootcamp is starting June 10th here is the information https://bullsonwallstreet.com/trading-bootcamp-2-2/  let us know if you got any questions.

Here is todays video: i ran out of time a bit. I also like $avl over 1.5-1.53 area 

 

[screencast url=”http://screencast.com/t/LLdgoQOnD” width=”” height=””]

 

[screencast url=”http://screencast.com/t/AH0jPGVbBcU” width=”” height=””]

 

 

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