Yup, the market got the big hammer again today as we closed at the lows on the SPY. However, that’s not the hammer I’m referring to. I’m talking about this guy: The SPY chart is very interesting at this level and the inverted hammer gives me pause and makes me think that maybe, just maybe, …
Evening folks. What a great week in the markets last week. Amazing trading opportunities all around especially with such strength in the markets. there was a constant bid under the market all last week leading to some amazing breakout opportunities. The qqq’s led the way last week up almost 3.5% followed by uncle ruseell iwm …
Evening folks. Got 2 videos for you guys reviewing the stock market indexes. We are going to be digging in to what happened last week and what we can expect this week. Overall the action in the market was very casino like. Big swings both up and down. It was definately obvious the programs were …
Happy fathers day folks. Interesting week in the markets we are right on key support levels. We finally got the test of the 200 day moving average in the S&P. It seems the market is attempting to form a bottom here but so far we dont have any actual evidence to support that. More …
Weekend Market Thoughts.