morning folks. Market looking like we are going to gap up slightly today after yesterdays amazing rip. We started off with gap up yesterday and for the first time this month actually followed through into the close. The norm has often been on these gap up days to close weak. As we have been talking …
Morning folks. Market looks to gap up slightly. We had some decent housing starts numbers that could provide some support to the market. Goldman had some not so good numbers and the market seemed to shrug it off pretty easily. Market tested some key levels yesteday. im using spx 1297 as my support number in …
Hey folks crazy week in the markets last week with all the indexes dropping 2% or more. Overall it seemed like just an overdue selloff after such a dramatic rebound off the bottom of the ranges on the indexes when a 200dma breakdown was potentially in the cards. Overall the market is oversold and even …
Here is a look at the market indexes and the action today. Also a look into the watchlist from today to weedout which stocks popped and which ones we can move over to the next day. Watchlist management is a key part of trading as you have to be constantly updating your lists and pruning …
Morning guys. futures upticking a bit today. Just because we gap up doesnt mean its going to be a great day to trade longs. Often in this market we have seen whats called an opening gap reversal where we open green and go red. So we need to still be very vigilant about our entries …
Morning folks. futures looking like we are going to be opening slightly lower today. Overall doesnt seem to bad out there as we are looking at less then .5% dips across the board so far. It was nasty out there yesterday with mother market taking some serious blows to the babymaker. Markets were pretty much …