• 11 Dec
• Written by Vegastrader66
• Tagged as Pro Pre Market Prep

Good morning Equities started the week off looking like there was going to be real blood in the streets as the fear indicator started rising looking like panic was just around the corned. It was beginning to look like a real capitulation move. Then, we had a reversal mid day and it accelerated into the close with the NASDAQ actually closing green on the day. This action put in what could be considered a nice reversal candle in several indexes..

• 8 Dec
• Written by Vegastrader66
• Tagged as Alpha Wolf Sector and Index Weekly Overview

Happy Saturday The market is running out of time to produce that Santa Clause rally that many have been hoping for but in actuality the Santa Clause rally typically happens the last week of December and the first week of January. The problem is even if we have a nice rally that week we may only be getting back some of what have been lost over the last couple of months. Technically we are in a very precarious position in several sectors and indexes. We have death crosses in nearly every sector and we are triple ...

• 7 Dec
• Written by Vegastrader66
• Tagged as Pro Pre Market Prep

Good morning It has been a wild week and we may close out the week with another wild ride. We have several things that could move the markets today with the first being the jobs report being released @ 8:30 ET. Economists and analysts will be looking at the unemployment rate (which is anticipated to remain somewhat flat) and signs of potential wage inflation. If either of those data points surprise ..

• 5 Dec
• Written by Vegastrader66
• Tagged as Stock Review

Hey there Pro members I hope you are enjoying your day off. The markets certainly took a big hit on Tuesday and like I said in the blog post last weekend the markets remain guilty till proven innocent. I have something a little different this morning I am going to be putting this article out probably Thursday or Friday morning and wanted to give you all a preview before I do. Hope you enjoy and find it worth your time.

• 4 Dec
• Written by Vegastrader66
• Tagged as Pro Pre Market Prep

Good morning The gap up did not hold but the markets did manage to finish green on the day yesterday. We are looking at a red open in premarket as we approach a day of mourning and the market being closed for former President Bush. We should not be surprised by the move in equities since all we have seen is a pause..