Study, study, study!
The overall market continues to lack any clear direction with individual stocks in my personal holdings looking pretty darn strong/solid overall but the overall market/tape looking quite problematic. The MACD and RSI(14) oscillators are all still trending lower on every major market index, the indexes are still building a series of lower highs and lower […]
That elusive strong close just kept getting further and further away with each attempted dead-cat bounce this week. I must say that for a low overall volume bounce, my positions have held up beyond extremely well with zero stops triggering intraday on Friday and only one stock triggering an EOD sell signal on Friday. There […]
The lack of normal pullbacks in 2017 finally gave way this past week when stocks fell hard on Tuesday with the Nasdaq doing something no index has ever done before–hitting a new all-time intraday high and new 1-month low all in the same session. The good news, post-Tuesday, is that stocks did not follow through […]
Stock indexes staged another bullish intraday reversal on Friday with the Nasdaq and Russell 2000 leading the move to the upside. Unfortunately for the bulls, the market’s inability to rally at the start of the day following the bullish post-jobs gap up was more notable. On top of this, the two intraday reversals the past […]
When I went to bed on Thursday evening I was slightly disappointed thinking my hedges might miss as the futures were at their lows of the session. By the time the market opened my hedges filled and the market started to sell off which made me feel a little better. Obviously, however, I would rather […]
Reviewing Some Of The Best Current Holdings From The Past Week (TSRO GST EMKR IBTX EVOK EVI CC SODA SXE ZSAN)
This market rally just gets more and more impressive by the day and week. Stocks rallied again on Friday with the market racing higher in the final hour to close at the HOD. Volume might have been lower on Friday but the final hour moonshot in the overall market, with the market already at new […]