Closing Bell: A 1,000 S&P scares the bears (AMZN, XOM, EXPE, GE, HOG, SYMC)
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Archive for July, 2009
30 Jul
$Closing Bell: A 1,000 S&P scares the bears (AMZN, XOM, EXPE, GE, HOG, SYMC)
29 Jul
$market is making a convincing pause
A fantastic run to the upside, good earnings (although that is debatable-lower estimates and cost cutting), good volume. If you are a pure chartist/tecnician the next best thing to see is a light volume pause, especially one that goes sideways instead of pulling back.
Well take a look at the hourly chart of the QQQQ for [...]
28 Jul
$adjusting trade expectations
Making money is not that hard to learn how to do. KEEPING that money is the skill.
Especially during summer time you need to adjust profit targets and stop losses. Every trade is not the same. Every trade can’t possible have a one size fits all stop loss.
One of the biggest skills to learn in my [...]
24 Jul
The bull market trading environment is here$
Massive morning sell offs preceded by stocks getting pounded after the close the day before. Selling created by earnings reports. The next morning we get follow throught to the downside and then rally for the next three hours after we test test lows once and never push through.
As of today the NASDAQ has finished positive [...]
23 Jul
Market Commentary $
Earnings, earnings, earnings! We are in the heart of earnings season and there have been few companies that have disappointed. The market has responded loudly by rallying steadily. the Nasdaq on an 11 day winning streak. The old saying comes into play! “The trend is your friend”! As traders we must recognize this and [...]
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