Watch List 06/24/2013

Big dip in the Market after 50 MA was taken out.We might get a bounce soon as Index’s are oversold.Momentum now in  Bears side  as long we stay below 50MA, so long trades here will  be quick short term trades. Another great week in Bulls chat room with $3790 gains  for the week even in …

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Watch List 06/20/2013

Solid red day in the Market after Fed announcements as it did not like the  tempering prospect. Should be an interesting day tomorrow , S&P-500 closed below 20 MA and another  test of 50MA again doesn’t bode well for the chart. Bulls needs to show faces soon. Bears have the edge now,let’s  see if they …

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6/19 hot stocks

Nice day for the markets today. We finally broke out of the range we were stuck in all of last week. We have big market news tomorrow with the FED announcement. Tomorrow should prove pretty volatile so remember to keep taking profits and trade quicker than normal. The great thing about being a momentum day …

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Watch List 06/18/2013

Choppy and confused action in S&P-500 as it failed to close above 20 MA again. We are still stuck in a range bound Market. Hopefully a resolution soon,another test of 50 MA might not hold next time or we must just chop around for a while. ENV, ALIM,IRBT, XRM few decent runners from last nights …

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Stock Market Review

  Down week for the markets last week with the s&p 500 down 1%.  The trading action wasnt particularly good last week as the market as we are experiencing some volatility and choppiness as the market is sandwiched between support & resistance zone which needs to settle.  Once the range is solved we should get …

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