Evening folks! Great day in the markets. This is the stock market that just wont quit. After a light & orderly consolidation last week we saw a .8% gap or so in the s&p and the market really never looked back. Pretty much the most bullish scenario we were looking at came through with the …
Flat week for the indices Nasdaq Comp +0.41% Russell 2000 -0.02% S&P 500 -0.50% Dow -1.15% Overall a pretty flat weak which was expected after such a run the last couple weeks. The action was choppy for the most part as there were multiple days in the markets where breakouts would not stick. …
TEAR- watch break of 3.16, third time to test there.. might be the spot RGEN- breakout spot at 5.13, third time to test, nice volume expansion PFSW- watching this one if it holds 200dma, might run again tomorrow LNET- love the look of this chart, very bullish. Any sign of life and ill look to …
I am seeing momo stocks on my scans for a good chunk of this run. I run this scan for my subscribers everyday to make 1/4-1/3 of daily watchlists. When market rips these are the most powerful plays as they tend to breakout for days and can make huge runs. You really want to see …
Evening folks! another consolidation day in the stock market. Not much action today as we were in a pretty narrow range the whole day. Definately made it a bit tricky for day trading as there was not much thrust in the market nor any volatility. A couple days ago we did finally breakout on …
Slight dip in the stock market today but it went pretty much didnt even register for traders. Even though the market was down a majority of the day there was very little selling among stocks and no rush to the door type feeling that you get when the market dips for the first in a …