Market has now pulled back to the 50dma and the russell 2k is still holding that trendline.. ideally we get a gap down in the morning and then reversal making for a nice trading day 🙂 Bulls really need a rally soon. Gotta have stocks ready on both the short and long side no matter …
evening folks! nasty day in the markets. We started off low and just kept going lower. Not really even an attempt at an intraday bounce. Looks like next stop 50dma where we should get some good support. One thing about this market over the last couple years is by the time everything looks like …
The market got ugly today and was steady down all day long with no real bounces. Its very important that we hold this trendline the rest of the week. This is the major level for the bulls to hold and the level that everyone is watching. Here are a few stocks both long and short that …
Market held the major area of support last week. No we are consolidating right under the breakout level of september highs. Today was quite uneventful. We had a nice trade in $grpn in the bulls room. Bought the stock at 5.18 and sold it for 4.25% gain on a daytrade. Here is a look at …
Not a bad start for the first week of October. The bulls stayed strong for most of the week and put us right back in range for a retest of September highs. We had a potential for a shorterm range breakdown when we were stuck under s&p 1450 but we broke back above …
Finally some market follow through! Tomorrow is jobs number so dont get to giddy yet but there are a lot of setups out there that can trigger. Make a good list and keep your alerts as we might see some fireworks. TRADING BOOTCAMP starting October 14th. If you want to learn …