Russell 2000: +1.82% Nasdaq Comp.: +1.46% S&P 500: +0.50% Nice week for the markets here after a runup the previous week. To have follow through even while overbought conditions triggered is pretty impressive for the bulls. Right now we have the 50dma and the NOvember highs in our sites. We are not out of …
Hi all, @szaman here, GMCR was a huge earning gapper today. I traded GMCR in the chat today twice. First was on open at 35.10 and later Intraday break at 36.20.Here I will talk about why I took the morning trade. Please click on the chart and follow the text. This is a Intraday …
Nice run in the markets last week. Even though it seemed 1/2 the world was on vacation it didnt matter there was a huge move in the markets last week and traders who stayed back and traded were rewarded. We have reclaimed the 200dma on the s&p 500 and also the russell2k. …
S&P 500: -1.45% Dow: -1.77% Nasdaq : -1.78% Russell 2k: -2.36% Nasty week in the markets. we were unable to hold the 200dma which is our longterm moving average and flush away we go. there is significant technical damage to all the indices even a solid 3-4 day thanksgiving bounce can not heal …
Dow: -2.12% Russell 2000: -2.38% S&P 500: -2.43% Nasdaq Comp.: -2.59% Lot of weakness in the markets this past week. 2% in the market was dropped right after the election in reaction to the fiscal cliff issues. Its been a slow bleed the last couple months the market tries to bounce especially …
Evening folks! Hope everyone had a great weekend! Flat week in the markets overall. We are stuck in a sandwich as the market is right above heavy support but right under heavy resistance. This has made the trade fairly choppy and tricky to say the least. We have elections coming around the corner on tuesday …