szaman Small pullback in the Market, however both SPY and QQQ remains above upper range of bollinger band , making it difficult to initiate new swing long position. Most stocks are quiet extended and needs few more days to setup again. I will be looking for small cap plays while market chops around. Some decent action …
Nice day for old momentum technology names as QQQ breaks out of range. Good day for watch list names, YY,YELP,MOBI,QIHU etc. Super day in bulls chat room with official real time trade alerts gaining $4450 for the day! If you are struggling with your trading or learn how to trade,then you need to join our …
Choppy range bound action in the market. SPY and QQQ remain strong whereas small cap IWM lagging. This divergence needs to be resolved. Slow summer trading environment setting up. If you have some nice day trades in the morning, it is a good idea to relax for rest of the day as things tend slow …
Nice continuation rally by the bulls as tech. index QQQ back over 20/50 SMA and trying to break the trading range, small cap IWM back over 200 SMA, now needs to get over 20 SMA and break that down trend line for bullish follow through. Some decent moves on names from our watch list, name …
Sell off day in market , however SPY managed to defend 50 SMA and closed off the lows. Weakest small cap index, IWM getting a bit oversold so a short term bounce could be a possibility. We will be sticking to our usual go to name like WDAY,DATA,YELP, YY, they can be all played either …
Digestion day in the market as many stocks had an inside day, meaning price stayed within the price range of Monday. We ended the day nicely with $1510 in alerts! Key will be going forward, a break of Monday high will be continuation move or we might just get stuck in range for few days …