szaman Carnage continues in technology momentum names after few days of dead cat bounce. Former darling stocks like FEYE,DATA ,SPLK,NOW, WDAY are being taken into the woodshed. However , sell off on those are getting a bit stretched and i will be looking for another dead cat bounce soon. If you are new in trading, be …
Bounce continues in the Market as Bulls finally managed to break out some ranges. Some nice runners from watch lists such as ARWR,HPJ,PCYC,TRIP,FB among others. The alerts in the bulls room totaled $4096. If you are having difficulties navigating this Market or want to learn trading , feel free to join us in Bulls chat …
SPY holding up and bouncing on the strength of non momentum , old time stocks, technology QQQ yet to have a meaningful bounce , biotech $IBB back to 100 SMA and small cap IWM stuck in between 20 and 50 DMA. Tricky Market condition here so I would trade carefully with smaller size and on …
Weakness continues in the Market without much relief bounces yet. Tech. index QQQ found support on 100 SMA, small cap index IWM now has 50 SMA as resistance and SPY has 50 SMA right below now with many eyes on that 50 SMA. Anything is possible here. Watch list contains mostly names that are oversold …
Red day in the Market as momentum names keep on getting clobbered . As far as indices we are in a tricky spot here with not much edge either way. I’ll be looking for a mean reversion bounce soon bio tech and other momo names. Modest $780 gains for the day with Bulls real time …
Market back to rally mode after being spooked yesterday on FOMC comments. Uptrend still remains firm as 20 DMA on S&P-500 id being defended.Although many recent momentum charts looks weak, hopefully new leaders will emerge. We are having another great week in Bulls chat room with official real time trade alerts gaining $11453 for the …