Trading Watch List 11.14.2016
SPY in congestion zone ,mostly due to the fact that technology stocks are under performing. But big run in small caps and many industrial names as action in individual stocks remain hot. DRYS ,one of the small cap …
szaman
Trading Watch List 11.10.2016
Amazing 24 hours of Market. S& P futures was on free fall mode Tuesday night after realizing Trump will be the possible winner. However after all the overnight drama ,SPY was able to close to green and up over 1% Wednesday.SPY kissed top of the range and paused.Ideally few days of basing action here …
Trading Watch List 11.07.2016
SPY bounced closed 200 MA and made a move higher intraday but with typical bear market action ,failed miserably at the end of the day, closing in red. Given how oversold market was, condition was ripe for a bounce …
Trading Watch List 11.04.2016
Orderly grinding down action continues in the market. No sign of panic or capitulation type action yet except for biotech, some of the bio names saw absolute blood bath on Thursday. No surprise here as far as this …
Trading Watch List 11.02.2016
Ugly day for the Market as SPY finally caught up with “worrisome signs” that I have wrote about.As i wrote on a earlier post “small cap IWM chart broke down Thursday,that itself a major technical break down that might lead other indices to follow” and here we are. …
Trading Watch List 10.31.2016
Good earning from GOOG couldn’t get market going yet again after the news came out that FBI was looking into Hillary Clinton’s email again. Although SPY managed to close over key support and in range again, political uncertainty …