Boom Boom Stocks 12/1/2011 | Bulls on Wall Street

Boom Boom Stocks 12/1/2011

 

 

 Morning folks. Market flat at the open as we digest yesterdays monster move.  We have quickly went from the bottom of the range to the top in just a few short days.  We are due for a pullback or some consolidation.  Usually after these type of momo moves the first pullback to supprt (20dma possibly ) is bought.  So it will be important to see if buyers step on this dip to give some meaning to this last move. A couple sideways days will do us good usually on flat days after huge monster moves in the indices smallcaps will run hard even if the russell2k is flat.  not much else to say except the past couple weeks have been epic.  One of the best trading environments I have seen..lot of money to be made.

 

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