Stock Market Review
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Down week for the markets last week. WE finally some follow through from the bears on the downside in the markets. Thats something we just havent seen from them in this last 4 months of bull run. There performance was pretty impressive as we had gone green on the market plenty of times …
Today I traded LEAP in the chatroom for a $150 loss. Wanted to review the trade and see what I did wrong. Alot of you guys were shorting the stock when I was longing it.. it really was up in the air but I wanted to give my thoughts behind the trade. LEAP had been …
Market down slightly for the week but still bullish. sp-500 -38% nadaq- -13% rut-x -1.06% Consolidation week in the markets. The action was a tad slow as we are digesting a big move but the bulls were still firmly in control. We had a couple instances where the bears had a chance to …
Russell 2000: +2.66% Dow: +2.15% S&P 500: +1.94% Nasdaq Comp.: +1.52% Nice weeks for the markets as All market indices have entered the breakout zone. We are starting to see broad participation in the markets as almost everything is running! At this point besides a shorterm overbought signal we are not seeing …
Yesterday we made a quick trade in $ONTY. I wanted to highlight how aligning stocks on multiple time frames works, as its an important concept for all traders to grasp. If you view the daily chart of $ONTY, you see that it has a very nice setup with an apparent breakout spot somewhere near $5. But where …
Read more$ONTY Trade Review – Aligning on Multiple Time Frames