Kunal Desai [screencast url=”http://screencast.com/t/A9uOfw57dINU” width=”” height=””] Not a bad way to start July. Hope everyone had a great 4th of July and are enjoying their summer. I had a great week as one of my favorite students Chaunte Lowe came to see me here for a couple days to learn a few things and hang out …
Nice week for the markets overall. We closed above the 50 day moving average friday with a nice push. Even with the markets being 1-2% green across the board it was still treacherous trading at times as the strenght in the markets would often fade as we ran close to the 50dma on the …
Slow holiday range trading continues in the Market. Friday should also be a quiet day as many traders takes to day off. Pay attention to small cap names in this type of holiday market for quick runs ,with lack of liquidity big caps tend to under perform in holiday trading. Bulls trading boot camp starts …
Index’ s stalling under 50MA , at the same time dips are getting bought, summer range bound action continues in the Market. Given a shortened holiday week, not expecting large moves either way. Seasonality tends to be Bullish in holiday week .Make note Market closes at 1pm ET tomorrow and closed Thursday.Keep mind in a …
Decent start for the markets today but we faded into the close. At this point that could mean anything a lot of the rules of the playbook on charts we have had to throw out the door when analyzing the indices due to the massive liquidity push by the federal reserve. In absence of …
Market up 1% for the week after seeing some initial weakness. We have bounced right back into a resistance zone. We need to clear that 50dma till then the market will trade a bit choppy. Had a great week here. Had one of my favorite bootcamp students Chris Zielinksi here for the week to …