Evening folks! Here is todays video looking at the stock market indices. Overall we had a slightly negative week with the s&p down nearly .5% and the russell2k leading the way to the downside with a 1.69% loss. 4 day weeks are tricky usually as many traders leave early for the weekend and the last couple days its jut daytraders left. This was evident by the low float momo that we saw on wednesday and thursday when you see those type of stocks like CLNT & CREG pop for no reason its usually because daytraders are bored and piling into anything that will move. This should be an interesting week. We might gap down tomorrow and I’m very interested to see if buyers emerge to start defending key levels.
Stock Market Review 4/8/2012
Evening folks! Here is todays video looking at the stock market indices. Overall we had a slightly negative week with the s&p down nearly .5% and the russell2k leading the way to the downside with a 1.69% loss. 4 day weeks are tricky usually as many traders leave early for the weekend and the last couple days its jut daytraders left. This was evident by the low float momo that we saw on wednesday and thursday when you see those type of stocks like CLNT & CREG pop for no reason its usually because daytraders are bored and piling into anything that will move. This should be an interesting week. We might gap down tomorrow and I’m very interested to see if buyers emerge to start defending key levels.
[screencast url=”http://screencast.com/t/7ITppDnoLp” width=”” height=””]
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