Watch List 10/18/2013

Another rally day in the Market after resolution from Washington. However many names now looks a bit tired. Index’s have “V” shape run and if we have gap up again tomorrow i will be cautious to initiate new longs,if we have gap up might try to take some shorts. Good times continues in Bulls chat …

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Watch List 10/16/2013

Down day in the market as the drama in Washington continues with no resolution yet. In terms of trading individual stocks, this market has been one of the best, where stocks like VISN, BORN with 50/100% gains in a day! Another hot day in Bulls chat room with $4120 gains for the day after a …

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Watch List 10/14/2013

Bounce continues in the Market , small cap index IWM  and tech heavy QQQ almost back to the highs.Impressive showing by the Bulls with the hope for resolution on Government shutdown soon. Technically after massive 2 day of bounce, few side way/ slow days might be good for next run higher but this is a …

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Watch List 10/11/2013

Big bounce in the market in hope for possible resolution on government shutdown. Great day for bio tech names that we have talking about  last few days. After such big green day things tends to get a bit dicey next day . We already had our oversold bounce and now we have big resistance to …

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Watch List 10/09/2013

Market finally gave in after no news about resolving government shut down. We finally saw many recent momentum name get hit hard.We had great day in the chat room with $3565 gains for the day. Most of our gains came from shorting momentous names.   If you are struggling with your trading then you need …

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Watch List 10/07/2013

Market holding up really well during the U.S Government  shut down. S&P-500 keeps on bouncing 50 MA area, Technology  heavy QQQ  and small cap IWM successfully tested 20 MA. Seasonality wise  September and October tend to be volatile and news driven months. This year is no exception. Looking at the charts , if Market can …

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