4 signs of a top, how new traders should use tweets and the reversal trades when market overbought
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First round of the big guns reported. All reported better than expected and all rallied substantially post market. That could mean a good run coming in technology (XLK) and semiconductors. That could also mean profit taking in energy, oil and …
Overview of market while we wait for some big earnings reports
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You can't keep a good market down! Some decent volume came in on Friday, partly because of options expiration and partly because the rally is starting to feel real, even to the doubters. Now, for those who subscribe to Murphy's …
Although I always get a little antsy when the indexes take out key resistance points then close below them after a strong up day, I also know that a move in the direction of the trend, is a good thing. …
Something for everyone-hope you all enjoyed the week
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Lot of inside days in a couple of indexes and sectors. Also, not unexpected, a rally in AAPL brought buyers to NASDAQ which cleared the fast moving average. Russell 2000 and the Dow had the inside days. S&P 500 a …
And more reasons why the 2013 picks were chosen
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This is what a bullish market is made of-gap lower, rally throughout the day, close higher. And, although volume was light (and has been) pricewise, the S&P 500 and the Russell 2000s now look potentially explosive! What would change that? …
Also, how to handle parabolic swing trades
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