Kunal Desai Market overbought as was yesterday. We’ve seen pretty much a flat market for sometime now. Im not adding any big position swingtrades as of the moment untill we get a pullback and sticking straight to breakouts or scalps. $jaso still looks good on pb to 6.50 area ( i think …
During the current market uptrend, since bottoming in March, SPY has reached extreme overbought stochastics (+90) 8 times. Of those 8 overbought short entries, 5 would qualify as successful trades SPY is again overbought, with a +94 reading. This tells me to lighten up a little on my swings and to shorten my …
Hi everyone, we’re making some changes to the site. For the past few months we have been aggregating all the trading data on Twitter, disseminating the information, rating the people, and disseminating further. The four of us then combine our thoughts, and make picks collaboratively or individually. We’re going to limit what’s displayed on …
No matter how you want to word it mother market kicked off the new year with some sass rolling on Bob The Bear and his unsightly friends. While most of the gains rolled in the first hour or too there wasnt too much to be displeased about the action today. Looks like the dip …
I’m updating the status on today’s Watch List and adding a few for tomorrow.
This is what happens when you don’t stick to your convictions!