Boom Boom Stocks 5/19/2011

morning folks. Market indicating a light gap up with the SPY inching up .4% premarket. USO (oil) continuing its bounce up .7%. Strength in silver this morning also SLV up up .7%. Interesting day yesterday after testing support a few times we reversed and traded right up to the 20dma. There was a consistent bid …

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Boom Boom Stocks 5/18/2011

MORNING FOLKS. happy hump day. Futures are flat today. Market is consistently testing different leveles of support last few days as we drift lower and attempt to stabilize. Even though market is only down a few percent from highs im seeing huge deterioration in the individual stocks i trade most down 20-40% from its highs. …

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