Focus List 6/9 - Markets bounce but remain weak

Geoff Bysshe | June 10, 2011

The markets bounced yesterday, but were it not for the six down days leading up to it we would  probably be describing yesterday as consolidation rather than a rally. Q's and IWM's did not even break the prior day's high.…

Focus List 6/9 - Six down days in a row

Geoff Bysshe | June 9, 2011

The media is all over the fact that the Dow has not been down six days in a row since some time in 2008. While I'm not a big fan of stats like that thrown around without context, it is …

Focus List 6/8 - Gap lower again, sell strength

Geoff Bysshe | June 8, 2011

The market indexes are set up to gap lower and below the prior day's low. This sets up two patterns to to watch out for. For the long stocks, look for those that do not go below the prior day's …

Focus List 6/7 - Gap up after a breakdown

Geoff Bysshe | June 7, 2011

Market Comments:
The market was not down on huge volume yesterday, but it was a day where the bears were in control and many stocks closed well below the prior day's lows. This means that prior day low (Friday's) will …

Focus List 6/6

Geoff Bysshe | June 6, 2011

Market Comments:
Just like Friday the markets are struggling to hold support in an environment were the short term trend is down but into support. Now the Market watch charts are also at the low end of their recent RSI …

Focus List - 6/3 - Slope vs. new lows.

Geoff Bysshe | June 3, 2011

NOTE: There will not be a moderator in the room today. You may enter and converse with other members.

Market Comments:
The market watch charts are not all in agreement on a daily basis. Note how the DIA and SPY …

Focus List - Big decline into support

Geoff Bysshe | June 2, 2011

Market Comments:
After such a big day with no retracements, I'll be flexible and let the stocks drive trading more than the market. We're into support but overall picture is heavy. since ther was not a retracement yesterday there is …

Focus List 6/1 - Expect the market to to chop at Trader Pivots

Geoff Bysshe | June 1, 2011

Market Comments:

The employment data this morning was worse than expected an is contributing to the lower open. the markets were lower before the data and the gap down will most likely be modest (.5%). This will put the markets …

Focus List - Last day of the trading month, and a big gap...

Geoff Bysshe | May 31, 2011

Market Comments:
Markets a looking to gap significantly higher. Could be driven by a weak dollar overnight. Additionally,  it's the last day of the month which may contribute to a bullish bias today. All that said, the gap higher increases …

Focus List 5/27 - Long Weekend = Thin Trading

Geoff Bysshe | May 27, 2011

Market Comments:
Long weekend, likely a bullish bias day. I will not short lows. I'll look for only really good set ups with a preference for OR Reversal. Most likely done with new positions by noon.

~Long Focus~
ESRX
HLF…