Morning folks. Looks like we have another gap in play. This is strangely becoming the norm. As of right now we are looking at a 1% gap down in the s&p. Gold lookling like a flat open while OIL (uso ) down 1%. Chinese stocks are getting murdered premarket with huge gap downs across the …
Morning folks. I will be out of town today till late afternoon. Im going to chicago for business. Ill be at the computer around 2pm or so for a bit. In the meantime @szaman and @mb_willoughby will be calling the picks in the chatroom for today. Becareful trading today. We have some news expected today …
Morning folks. Market is looking at a slightly higher opening with the spy up .5% in premarket. slv is down about 2% while gld is looking flat at the open. Crazy day in the markets yesterday as yesterdays gap up made things nearly impossible to play on the longside as the market from 10am to …
Morning folks. Big gapper in the market today with the spy up 1.76% premarket. GOLD, silver, oil ALL with big gappers. Silver at one point was running 8% hot. big squeeze came out yesterday that kicked in hardcore late morning and wouldnt stop all day as the buyprograms pushed in aggressively at every dip or …
Evening folks. Nasty day in the markets with all indexes closing down 3% or so. After some morning pingpong we took out the august lows. Only some late day buying/short covering saved us from closing below them. We did hold though at the close so its gonna take 1 more push for a clean break. …
Morning folks. Market gapping down very very heavy today. We are back in bear market trading from 2 weeks ago. You guys know the drill. NO overnight positions to the longside ANYMORE. if you hold overnight it has to be small and to the shortside and only if you have a profit cushion in thje …