Evening folks. Here is a recap of what happened in the market indices last week and what we see coming up for the coming week. Overall even though market was down about 2% there was still speculative money flowing into stocks. We saw a lot of good looking breakouts move and then show follow through. That to me is a sign that the bulls still have the upperhand in the markets at the moment. Of course that can change on a dime. Judging from the messages im getting from some of our traders it seems a lot of you guys are really starting to learn and show good improvement. People email me charts everyday and Im seeing some really good setups from you guys so keep sending them!
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Stock Market Review 11/6/2011
Evening folks. Here is a recap of what happened in the market indices last week and what we see coming up for the coming week. Overall even though market was down about 2% there was still speculative money flowing into stocks. We saw a lot of good looking breakouts move and then show follow through. That to me is a sign that the bulls still have the upperhand in the markets at the moment. Of course that can change on a dime. Judging from the messages im getting from some of our traders it seems a lot of you guys are really starting to learn and show good improvement. People email me charts everyday and Im seeing some really good setups from you guys so keep sending them!
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