evening folks! Market was weak last week with the s&p down nearly 2%. We violated a few key levels of support that needs to be respected. We did get a nice oversold bounce on wednesday & thursday but friday we reversed and pretty much ticked lower all day. Ill be watching 2 key levels next …
Thursday, April 12, 2012 This is your Benzinga news summary and trader’s outlook covering headlines from overnight and today’s pre-market session. Legal tender refers to how currency can be used to satisfy “debts, public charges, taxes, and dues” but no one is required by law to accept it. Benzinga’s Top News Sony (NYSE: SNE) To Cut 10,000 …
SINO- top stock on my list tomorrow for red to green.. closed strongly, hot sector and breaking key levels on the chart. former runner SHIP- another one to watch red to green. hot sector NEWL- red to green watch.. could pop big VRNM- stock starting to flag.. on watch for a break of the flag …
Morning folks. Looks like the market is having a nice gap this morning following strength in the euro markets. The market will be openign in a tricky place. After yesterdays confirmed breakdown of the 50dma on the s&p this gap will put us smack dab right under it which could serve as heavy resistance and …
Amazing 4 day week last week! The market was pretty much flat but daytraders and spec money ruled. Low floaters were all the vogue. Anything with the word CHINA or CLEAN were up 100% or more at times. Traders were really pushing these type of stocks around. If you look at the top gainers for …
Evening folks! Market was dipping today down about 1% bringing the s&p down to some good support levels. We started the morning with a gap down following overseas weakness and more follow through from the selloff yesterday on the FOMC minutes. We had an epic day in the chatroom with some monster wins. …