Blog
Good morning The markets had a nice bounce yesterday and some sectors that were approaching key levels of support made a nice reversal over the last couple of days. Financial, Semis, transports and the IWM all had nice bullish bounce moves
Read MoreGood morning The Events of last night and the jobs number this morning could set the tone for todays trading as the markets continue to struggle with who really wants to take control. Will it be the bears or will it be the bulls? The bulls have been doing a decent job of fending off the bears this week with the markets having plenty of reasons to give us pullback. Global tensions,....
Read MoreGood morning Markets are flat to slightly lower we have had an impressive 4 day run. It is Friday and it would not be a shocker if we were to pull or stall here. We have some technical and price resistance in several indexes and sectors just overhead.It could be a choppy day out there make sure you have a clear trade plan.
Read MoreGood morning We didn't get the final outcome on the health care bill and that is creating some skepticism about the ability of the Trump administration getting anything done. If they can't get the health care bill through the what happens with th...
Read MoreGood morning and Happy St Patrick's Day The low float shippers are getting some follow through this morning while gold is showing a little strength. I will be watching JDST DUST JNUG &NUGT for potential scalps.
Read MoreGood morning The jobs number came in strong and the markets are bouncing premarket but there is also chatter of the Tax bill not being done this year so we could have conflicted markets.
Read MoreGood morning Good morning We are seeing a little follow through of the weakness we experienced yesterday after the impressive move on Wednesday. Indexes are flashing slightly red as we look to close out the week with Janet Yellen speaking later today. Keep an eye on the dollar if she comes across hawkish the strength in the dollar could continue and that would likely keep some pressure on gold and miner stocks. We are seeing a bounce in gold premarket and some weakness in the dollar but that could change quickly off the Fed comments. Also keep an eye on volatility TVIX and UVXY if the markets or sectors start taking out key areas of support.
Read MoreGood morning all Markets are showing some weakness and that could lead to the pullback that many have been waiting for. Gold is showing strength this morning while oil is basically flat and the markets flashing red. Semiconductors took a hit yesterday as NVDA caught a downgrade......
Read MoreGood morning everyone, Yesterday we took a pause in the markets and that was something we felt was due to happen. Some sectors are very overbought short term and have pierced their upper bollinger bands they could use some time to work their way back in and
Read MoreGood morning all We are looking like we are going to have a positive open with some continuation off of yesterdays strength. We have several name moving in premarket. Unfortunately I was unable to get to all of the names we went over in the Live pre market prep for the Pro members but there is still a good list of stocks here to keep an eye on.
Read More