Watch List 04/17/2015

Low volume digestion day in market as SPY trying to setup a base for next breakout.                               Individual stocks still act well for active traders.Watch list names like YY, CMCM, CYBR, FEYE gave some actionable trades.If you are struggling with your …

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Watch List 04/15/2015

Healthy basing action in market as SPY bounced right on short term momentum 8 EMA.                               As long Tuesday’s low holds ,short term momentum will be alive and well. Decent action in individual stocks and sectors as sector rotation in full …

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Watch List 04/13/2015

Continuation by the bulls after range breakout on SPY.                               SPY so far setting up for an eventual triple tap break out with resistance at 211.30 area.Good trade action in individual stocks both long and short intraday.Bullish market but some of …

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Watch List 04/10/2015

Good day for the bulls as SPY managed to close over recent range.                               Nice action in individual stocks and sector asĀ  money rotate from sector to sector such as bio, energy, tech and last few days on China names. Plenty …

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Watch List 04/08/2015

Range bound action continues.                               After breaking out of the downtrend line and 20/50 MA , here we are ,back to moving averages again. Ideally a digestion here over 20 and 50 MA. Range bound , hit and run type of …

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Watch List 04/06/2015

Range bound action in market as SPY having difficulty breaking out of the trend line and 20/50 MA.                               SPY, bullish trend will start over 207 and with support at 204.50. Chop zone in between. A break below 204.50 will confirm …

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