Watch List 05/01/2015

Down day in the market as SPY finally broke both 20/50 MA and trend line support we talked about in the last post.                               Biotech, we had our one day bounce since last post , downtrend continued  today as it hit …

Read moreWatch List 05/01/2015

Watch List 04/29/2015

Pull and recovery in the market after SPY hitting upper range of the Bollinger Band as we talked about in last post.                               Bull’s still in control as long SPY stays above 20/50 MA and trend line. Biggest action last couple …

Read moreWatch List 04/29/2015

Watch List 04/27/2015

As expected, slow grinding action in the market with some quick burst and pop in selective stocks.                               SPY, QQQ also hitting the upper range of the Bollinger Band, so it would not be surprised to see some pullback or few …

Read moreWatch List 04/27/2015

Watch List 04/24/2015

Expected breakout attempt in slow grinding fashion.                               After breakout attempt intraday, SPY closed within the range, so i am not expecting a fast run away market here but slow grinding move higher.Good action from watch list names like YY, CYBR …

Read moreWatch List 04/24/2015

Watch List 04/22/2015

Slow day in the market as SPY still in consolidation phase .                               Decent action in individual stocks if you are doing quick day trading. YY, CYBR, CMCM ,LOCO, some day trade runners from previous watch list. If you are struggling …

Read moreWatch List 04/22/2015

Watch List 04/20/2015

Gap down and sell off day Friday on overseas market fears.                               SPY manged to close barley on both 20 and 50 MA. Could be a bounce spot, next big support is on trend line /100 MA 206/205.50 area.  Even with …

Read moreWatch List 04/20/2015