The bears had their chance, and as they always do they blew it. The S&P 500 has nearly wiped away all the losses on the month so far, and the bears are just getting squeezed all day long.Â
The bulls had everything going for them, and then they pulled a rabbit out of their hat and sank this market. I didn't even know that was still a thing! For so long now the bears have been the incompetent ones and now all of a sudden the bulls are the ones that completely head-fake
Some solid setups in this list, but the market needs to provide the bulls with some action in order to pull the trigger on some of these trade setups. You can’t get overly long on this market when the street is showing very little interest in it. You do that and go 100% long, you
It’s August (already!) and historically that is a bearish month for the stock market. There tends to be more sudden and swift sell-offs then what traders are used to seeing, and the last legitimate pullback in this market was in 2011, during the month of….you got it, August!
The bulls are in full swing buying the dip following the opening sell-off. Essentially the rallies in oil and finance today, is keeping SPX in the green just barely. Frustrating for the bears of this world? Yes.Â
It is one thing to keep a list of short setups in this market, it is quite another thing to act on the ones you are tracking. Right now, the short plays aren’t rewarding investors and traders alike. When the market starts to act a bit dicey as it did on Friday, I’ll add a
Bears, man! WHERE DID YOU GO!? Actually had the S&P 500 down about about 8-9 points lower at one point today, but that ended with a sharp buying spree that took price back up to just below breakeven. There’s no one out there to really push stocks substantially higher, but count on the bulls to
Absolutely no gusto in this market at all The market tried to make new all-time highs today, but the level of interest by the bulls to push this market higher has been very lackluster today. And inherently that is the problem with getting long on this market, despite it being the only choice traders have
The bears are simply trying to show us now, how quickly it can blow golden opportunities. Yesterday’s 20 minute sell-off was impressive. For moment there, it looked like it could really, really get ugly, but it didn’t. Instead a change to the Senate schedule (favorable towards getting health care and tax reform done) was released