Clearly, I was one day too soon in my prediction of the rally for the market. But most important, I detached myself from yesterday and started with a new plan to focus on AAPL and REE, which of all my …
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I came in today expecting the market to rally, not necessarily for anything more than a test of the key …
With market still mixed, managing risk and position size still key
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We are now in an unconfirmed warning phase in SPY, which happily did not have another Distribution day in volume. Furthermore, the slope of the 50 day moving average is up so we are calling this a weak unconfirmed warning …
Many ultrashorts against key resistance while indexes enter new phase
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I am on the road this weekend, therefore, this is somewhat abbreviated version for Monday.
Needless to say, damage was done on Friday with SPY closing down 1% with another Distribution Day in volume. But, the channel is intact, the …
Until we get the Accumulation Day in volume, flexibility is key
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Today I was grateful for WTW. Although we have had some really good trades lately, they have been mostly mini swing trades. Today's trade was one of those rare occurrences of late where we comfortably bought strength, did not have …