Although there is lots of super important data about to come out this week-the second-quarter GDP, results of the Federal Reserve’s 2-day policy meeting, jobless claims in the private sector, more earnings reports, etc., I once again retreat to the …
You can follow the hot money but our plan is for low risk
…
I’m not so sure I would let a low volume, only slightly down session lull you if you are a committed bull into complacency after Monday’s session as there was some substantial deterioration if you look under the hood. First, …
Phase, condition, pivot stack, risk and overall market all factors
…
If there were ever a time to throw in the towel, it sure looked that way last Friday. But, the phase, bulls, overall good earnings reports, lack of volume on the downside-maybe all of the above, wouldn’t hear of it! …
If you are an active trader and managed to stay awake during today’s session, you got to see retail, oil and gas, biotechnology and gold make a comeback. You saw homebuilders continue to drop, the dollar get crushed while semiconductors …
For consistency got out of a few positions but applied same rules for new entries
…
Thus far, this earnings season which has yielded some extraordinary surprises-especially in Wednesday’s post market session-Facebook, Trip Advisor and Baidu to name a few. Actually, when it comes to the world ofsocial media, those huge gains really do not come …
How to set those risk parameters plus using the 5 minute opening range
…
Hardly the same drama as on May 22nd given the daily trading range or average daily volume, the S&P 500did indeed signal a possible new reversal candle by the close of Tuesday’s session. Same with the Russell 2000s, but not …