Watch List 11/13/2014

Small pull  back day in SPY .                                       Spy has layers of support so Bulls have nothing to fear yet. This type of pullback days creates more opportunities for day traders as few  strong individual stocks stands …

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Earning Season and Earning Plays.

One of our student/member wants no know about earning season.         Earning season comes after end of every three months period. Usually earning season begins one to two weeks after the end of three month quarter. In January through February, April through May, July through August and October through November. There are …

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Watch List 11/10/2014

Slow trading days continues as indices has been stuck narrow range days.                                       Our trading theme remains the same, less trades ,hit and run  day trading playing intraday momentum name that running due to earning or news …

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Watch List 11/07/2014

Slow trading days continues as indices has been stuck  in five narrow range days.                                       Not the ideal trading environment for active short term traders. Short term traders need volatility which has been missing last few days. …

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Watch List 11/05/2014

Small pullback day in the market.                                         SPY filled the gap and next support is 8 MA is 199 area. Given the strength of the Market it could start heading upwards from here or  consolidate for …

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Watch List 11/03/2014

Rally continues in the Market as SPY hitting highs.                                       It is rare too see such a “V” shape move without any pullback .SPY is still below upper range of Bollinger band.There are still room for one …

Read moreWatch List 11/03/2014