A couple of notable features today. First, the inside day in QQQ and DIA- not the major breadth of the market, but noteworthy nonetheless since GOOG and AMZN held well. Second, the volume- - lightest it's been in months. Finally, …
MMMDaily Readers: Will continue to highlight how I use the top/down analysis that you see every day in the overall market and sectors/groups to give my subscribers specific stock recommendations with entries, risks and targets. Exact guidance, exact strategies, exact …
Interestingly enough, there is US economic data to make a case for the market to hold (jobless claims fall, earnings for 3rd quarter ok). But with European worries and other economic data that suggest otherwise, a case for weakness exists …
Ahead of the curve: MMM Premium to Subscribers 8 Nov via TweetDeck: Bought 30.00 Jan puts in SLV for 1.32 to test the market. Closed today 1.59. Percentage gain 20%.
A Pop (Poop) Quiz:
1. Was today irreparable damage with …
It’s not the price, it’s the percentage gain. One of many great picks to MMMPremium Subscribers. On last night’s Eve Watch: Honorable Mention: F (Through 11.33). Private Tweet 9:45 AM ET “F climbing-can buy outright or price options” Closed up …
GOOG gives it to us again with instructions to subscribers on a favorite strategy-the opening range reversal. Here’s from last’s night’s evening watch “Honorable Mention: OR Reversal GOOG* (Narrow Range 10)”. Tweeted entry in private twitter at 594 with tight …
Third consecutive Friday with inside days in all indexes. SPY and IWM held weekly and monthly moving averages. QQQ had a Doji day at 57.80. All filled gaps and at this point, look firm. Still very much a "watch which …
I hope you all enjoy the daily top down analysis. In case you are wondering what my premium service looks like-here is just one trade I walked the subscribers through this week.
From the 11-01-11 Eve Watch for MMM Premium …
Spectacular gains, drops then gains since last week. Low volume after a big distribution day yesterday. QQQ holding above the 200 DMA with an uninspiring day. Midcaps (IWM) on the island top signal which only negates if that gap to …
Islands everywhere. IWM UUP FXI AAPL for starters. But trading on that one pattern alone when the market goes up and down 100 like a slinky, can strip one of his/her shirt leaving one, well, bare chested. Most famous and …