Have a pencil and paper in hand to write down entry points and risk
Symbols Featured
Longs:
POT
MCK
LTD
UPS
CL
APC
PNC
EQIX
HCA
LVS
AMZN
Shorts:
CRZO
PRU
TMO…
FED Folly. S&P 500 held the 50 DMA and closed with nearly a DOJI as if to say, "What the heck do we do now?" And that was the nature of Wednesday. But, it's also the nature of a market …
Layers refined by pivots and opening range
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Turnaround Tuesday alright. Or should I say, turned around Tuesday. However, a couple of trends been pointing out all year-first is the downtrend in Metals, Energy andOil. Second is the relative strength in Biotech, Retailand Real Estate. With that said, …
Ok to lose with discipline-part of trading
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Week begins with a low volume snooze fest, but I am happy about that. Why? Because it makes the correction in a bull phase scenario more likely and gives traders plenty of time to look for confirmation. Plus, NASDAQ had …
Phase, Sector, Pivots, Opening Range
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Friday ended the week as anticipated with a sell off after the S&P showed signs of fatigue late Thursday. Plus, there was a second distribution day in volume.NASDAQ fell to test the fast and 50 day moving averages and held. …
Since June 26th, Today (Thursday) was the first sign of perhaps the fun is subsiding, especially inS&P 500 as it closed under key pivots and posted a distribution day in volume. In contrast, NASDAQ had an accumulation day in volume …