very tempting to go and buy this dip….but unlinke the other dips… see hwo we gapped down. we havent even had a light bounce yet. there is a ton of selling pressure. its one of those things it might be a bit too late in the game to short just now…and …
market gapping down nasty minus 1.5% across the board. Markets overseas suffered similiar declines. Oil down 1%. As you can see here the russell is sitting on multiple layers of support. If we break below watch out. The VXX will prob spike up hard so ill keep that it my …
Market has been looking bullish of late. only couple red flags were teh overbought nature of the market and the stall. seemed that market was having trouble getting past 113 mark (1130 on spx) today we are gapping down hard on overseas weakness along with some quesy traders in regards …
Will the S&P ever get off of SMA100?
I am seeing momo stocks come back on my scans for the first time in a while. When market rips these are the most powerful plays as they tend to breakout for days and can make huge runs. You really want to see the market breakout if ur gonna load up on …
SPY still above major support so holding longs is still a valid swing strategy. As we are noticing through the jobs report and the gdp the big gap downs are being bought which is what we have been doing in the boom factory. How long this pattern plays out …