January is a frigging nutty month for trading beaten up small cap, penny, china ding dog stocks. What you will see is with the aftermath of this recession a lot of big caps, smallcaps become microcaps! There can be great opportunity in these names as January starts. See many hedge funds, mutual funds, index funds don’t …
Evening folks! Happy sunday to all. Markets down for the week last week nearly 3% across the board. The trading was tricky as the updays involved gaps that if you didnt sell your positions into you watched your gains just disappear. We are in a very fast trading environment as 5% gains can disappear in …
Morning folks. Market is looking at a flat open this morning. Overseas markets were weak across the board. For the moment it would see our markets are tied to the trading of the euro. Yesterday was an ugly day even though the indices didnt finish off too bad the action underneath was much worse. I …
Morning folks. Looks like we got a market gapper with the SPY up .5% premarket. Market will probably be all over the place as we have multiple economic reports coming out along with the Fed at 2:15. Advanced Retail Sales are set to report at 8:30 a.m. ET. Business Inventories are due at 10:00 a.m. …
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[screencast url=”http://screencast.com/t/9MqDBxJf61I5″ width=”” height=””] tap tap tap we tested the 200dma again. Not much going on today.. the market dicked around pretty much all day till another late day FT rumor spiked us into the close. These guys are really something anytime the market is chopping around or getting weak they come in with …