Beginning again with IWM, there continues to be mixed signals. On the one hand we have the continuing decline of the 50 day moving average, a close beneath the adaptive moving average at 80.21 yet still above yesterday's low 79.42 …
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Beginning with IWM-if we go back to that March 15 low at 77.57 and look at the low that was made on June 16 at 77.23, we will also see that although it took out the March low, it held …
How to gauge when to use those two opening range timeframes
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Pays to watch strong/weaksectors then decide timeframe and stops
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Those of you who carried home several of the recommended longs from last week such as BIIB, CL, MCP, had a good start to the day. Then, with a relatively orderly open, we had an opportunity to get into longCELG, …
On Friday, the divergence in the market continued with DIA closing marginally higher with a marginal accumulation of volume and QQQ ending down .5% with yet another distribution day in volume. SPY closed down .1% and ended with an inside …
Key to ensuring you make more when right than you lose when wrong
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If you used the proper position sizing and risk management, many of the long picks turned out to be profitable such as ORLY which had not only an opening range reversal but also an opening range breakout, AMGN, LULU on …