whoa! what a week the s&p down 4% plus. Lot of carnage everywhere. Seems like we tend to get these type of wipeouts every year. As momo traders when the market is in a clear trend thats where we make the biggest money. Its the choppy markets like we had in April when the …
Evening folks! another day and some more red in the sea! We had some signs pointing to a green day but of course the s&P rolled over and went red. That has been the pattern of late. Trades/investors are all very skittish and nobody is willing to hold a stock more then a few minutes …
Here is a look at how I trade Grpn in the room today and the reason the trade worked. Also, a list of some of the stocks that I am watching for tomorrow: GRPN TRADE REVIEW KGJI- bull flag, on watch for break of the flag ADY- bounce watch around the 20dma, double support there …
Evening folks! Flat to slightly down week in the markets last week. The s&p was down about 1% we got hit with news all over the place but the market held up fairly well. It could have been worse. Buyers seem to be stepping in at that 1350 level and the rallies towards s&p 1366 …
Wow! what a day in the markets. Its truly a nightmare for investors and swingtraders alike. And a dream for daytraders who can be nimble and play longs and shorts. 6 months ago I would not have been able navigate this market as I hadnt taken a short in literally years. I didnt …
Evening folks! Mother market was all over the place once again! we had a very similiar day in the s&p to the previous day. Its really for nimble daytraders and a total account buster for swingtraders as you tend to short things to late and buy things to early or vice versa and before you …