Balancing longs and shorts, this correction doesn't hurt us
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Lots of traders, myself included, have spent the last 1-2 years using the small caps (IWM) as the major barometer of health/weakness of the overall market. Twitter has had a plethora of warning tweets about the concern in this index …
Having a Plan and Sticking to It
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Quiet session volume wise, but some of our concerns expressed last week, namely overall weakness in certain key areas, gave the market a red day after last Thursday's exciting close. The only sector of the major ones I write about …
Good time to turn to stocks under and outperforming for day to mini until signs are clear
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The Headline at the end of Thursday's session: S&P 500 closes the week at record high for the first time since 2007! However, it did not clear the closing high made on March 14th of 156.73. Thursday's high was posted …
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It felt like an up day but it wasn't. Why? Some sectors rocked while others were lackluster yet others were negative. Doldrums began to set in midday with expectations for tomorrow, the day before a long holiday, are pretty much …
Ahead of long weekend, pick your spots carefully
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I took a 2 day break to see family. Stepping back gives traders a chance to reflect on the market. I left Friday seeing both the good and the bad in the market and clearly, that has not changed much. …