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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 trade accordingly. As much as it may seem overbought the technicals will tell us the truth. We recognize the fact that we have moved quickly to the upside which means we will have strict risk mangement skills on our long trades and cut losses quicker. We will be nimble and recognize that if selling pressure takes hold. If so, we will test the short size with smaller size and less expectations.
 
 
Call us at 212-594-8900 if you would like to discuss any of our trading programs.
 
Keystone Trading Concepts: August Special- call to learn more

 

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