Morning folks. Looks like market is gapping up again with the spy up 1% premarket. We had a nice bounce off the 20dma on the spx and it looks like we are having a follow through day. The key will be to see if we can hold these morning gains. Europe will still be front …
Woke up late. Market gapping up in anticipation of the fed talk. We have had an incredible 2 day drop right to some key support levels Im positioned for a multiday rally here to balance things out. what im watching today. Ill post the charts in the chatroom. http://finviz.com/screener.ashx?v=211&t=AOB,ASIA,CADC,CALX,COCO,DMAN,FOE,FST,GLUU,LOCM,MOBI,MPEL,OPEN,OPTR,OXGN,QPSA,RATE,RDN,SIMO,STMP,TAOM&ta=0
Evening folks. Quick watchlist today. Besides internet stocks there werent too many sectors firing. The close in the markets were particulary nasty. We saw this same type of action last week and it ended up being a trap. Will the same thing happen tomorrow not sure. If we gap down Ill have some cash waiting …
Evening folks. Here is the watchlist for the coming week. When I scan for stocks not only am i looking for stocks that will be in play tomorrow but also stocks that will be in play during the coming week. This gives me a dynamic watchlist that I can update everyday with new plays but …
Evening folks. Here is the watchlist for tomorrow. Market is a bit extended but when the players want to run the market they will. Extended can get more extended. Look for dips or consolidation above this 200dma that coul give us the gas to run. A flat day tomorrow with slightly red gap or flat …
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 …