Bacon & Trades

Monday, May 7, 2012   This is your Benzinga news summary and trader’s outlook covering headlines from overnight and today’s pre-market session. Queen Isabella of Spain was the first woman to appear on a US commemorative coin in 1893. Benzinga’s Top News DISH Network (NASDAQ: DISH) Reports Q1 EPS $0.80 May Not Compare vs $0.70 Est; Revenues …

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Stock Market Review

Dow: -1.44% S&P 500: -2.44% Nasdaq Comp.: -3.68%  Russell 2000: -4.07%Overall a nasty week.  The s&p held up pretty well but nasdaq And russell2k got nailed. you always want to see tech and smallcaps leading the way.   WE have some key levels to watch in the s&p. Along with scenarios on what we need …

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Stock Market Review

  Nice week week overall folks for the market.  We had some potential to have abreak down of key support in the markets but on Monday we had a gap down that reversed and the market never looked back after that.  The AAPL earnings helped provide a push after that and once the momo started …

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Deal Yourself Aces

Much like poker, trading is a game of risk to reward. I dont play much poker, but from what I understand the guys sit at the table, folding hand after hand until they get a pair that gives them a very high probability chance of winning the pot.  And when that pair comes along that puts …

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Stock Market Review

  Good afternoon folks! hope you all had a great weekend.  Here is todays video revewing the stock market indices and the action of this past week.  The market is an interesting spot now where we could have a big break to the upside or downside.  I have in the video overlayed some of the …

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Stock Market Review

  Here is a review of the action in the stock market indices of last week. Overall it was the biggest dip of 2012. We violated multiple levels of support. As of right now we are resting on key support levels this week will give us an idea of where this market can go. If …

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