When the reasons to buy weakness pile up
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Although it looked like tough going early on, the small caps (Russell 2000s) held the runaway gap and closed well enough to negate the topping candle. NASDAQ same story.Nor do I see anything terribly alarming in the Dow or S&P …
When to take the ORRs; when not to
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Earnings season is so interesting. Even if you are like me, not particularly schooled in P/E Ratios, EPS, and the like, the simple adage of “Don’t hold into earnings” unless you are a sophisticated options strategist, is pretty darn sound. …
What to look for after an extended move up
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A few considerations for active traders: 1. Lots of earnings this week-lots-which means besides the strong GOOG report from last week and this afternoon’s pop in NFLX-many small caps to S&P 500 stocks have yet to weigh in. 2. The …
After extended move, waiting for new setups
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We’re not advocating keeping your head in the sand-historically, the last two weeks in October have been bearish. But, if the small caps and/or Russell 2000s and NASDAQ hold Friday’s lows, we have a breakaway gap in the works. Remember …
Haiku by Mish
One stock said to an
other while making new highs:
this market is whacked!
S&P 500 (SPY) 173.60 is the 2013 high which we got really close to by end of day. Now, perhaps a bit of …
Now that we are past the shutdown, looking more at full positions and swing trading
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