Afternoon folks! Another nice week in the markets last week with the s&p up nearly 2.5%. This stock market just wont quit and seems to throw all its roadblocks out of its way. We are getting a bit overbought and overextended and that raises some slight caution but the price action this past week has …
Hey everyone @szaman here, after looking through charts tonight, i really didn’t see many actionable setups. Bunch of extended names and many reversals. This tells me that we might have some slow choppy action for the rest of the week. In this type of Market, try to stick with names that are moving on heavy …
Earnings breakouts are the most powerful setups around for traders. We kill these trades over and over again. Heck, you could make a living just trading this one setup if you learn how to do it right. Our two biggest winners today that were alerted in chat room were earnings breakouts plays ($FXCM and $ECYT). …
Read more$ECYT and $FXCM Trade Review – Trading Earnings Breakouts
Odd week in the markets last week. The market still hung in there and the s&p clung to a gain. The nasdaq was also up and the qqq up nearly 1.5%. Overall the market is really trying to hold up and the bulls are hanging strong but we are finally starting to see a few …
Flat week in the markets overall last week but still a very very strong February we had with the S&p up 4%. Even with all the geopolitical headlines and flying oil prices the market held steady and the intraday action showed no signs of bears gaining any type of control in the market or even …
Market is still completely resilient with every dip getting bought. It reminds me of the story of the little engine that could.. chugging along slowly but surely. Greece fears show up at some point everyday, but the little engine still somehow finds a way to creep back and chug back to highs. No real powerful market breakouts but still getting …