Evening folks! Soft week in the markets last week. Even though the indices were pretty much flat it was still a very tricky trader as we were rangebound the whole week pingponging around in a range. We will see resolution of the range in next few days which will give us an idea of the direction of the market. Me personally I think a quick breakdown would be the best scenario for bulls it would bring some bears & shorters back into play and setup a nice reversal. Right now still not much fear in the market this death by a thousand cuts may not do it. A good swift kick in the newts might be what we need.
Russell 2000: +0.97%
S&P 500: +0.60%
Nasdaq Comp.: -0.36%
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Todays video it lookslike it only goes for 2:37 minutes but you just got to let it keep running. Not sure whzt happened with screencast but it will go all the way through to minute 9.
here is todays video:
[screencast url=”http://screencast.com/t/7YNOIr0gs0G” width=”” height=””]
[screencast url=”http://screencast.com/t/kcWGia2i” width=”” height=””]