I am already pretty long going into today open. ( TNH, CALP, OME, CIM, ALB) With the futures up and all the uncertainty still surrounding the Euro Zone ( Greek Debacle ) I look to lighten up this morning and maybe transfer some money into these names as day trades ( possible swings depending on
This is my watch list going into the open tomorrow. ( 6/13/2011 ) Given the recent sell-off, many of the bears got the bulls against the ropes and are putting a beating on them. truth be told, the tape looks extremely heavy and the consensus seems that its only going to continue. Do me
Some of my most regrettable trades are ones I never made. I saw the opportunity and just got afraid that I had already missed the move. I’m not talking about “I should have bought GOOG on it IPO” or ” I had the limit order in for APPL @ $100 but I canceled it”
So, listening to The History of Rome podcast, the speaker has mentioned several interesting parallels to current events. Such as when one of the early Emperors needed money, so he instituted something called “prescription”, where wealthy Romans were forced to Will all of their property and wealth to the government, and then commit suicide. Ok,
This mid week technical watch-list is focused on Ascending Triangle breakouts. In short, without getting into the full details of the scan, these companies are profitable small caps, near 52 week high( with the exception of “ONE” ) , have increased volume over the past month, low debt to equity ratios, and have an
Quick Note* I have been focusing my trading on smaller cap companies lately because they tend not to correlate with the broader market directly, and trade on their own fundamentals and technicals. In this small cap arena, another little nuance ( trade setup ) that I like to capitalize on, is to find sectors that
I have certain watch list that is comprised of legit Micro Cap companies that have experienced a parabolic run over the past 6-8 months. I’m not so concerned with trying to time that run and get in front of it, because trying to predict those type runs are impossible. Instead I run scans that
Potential upside and downside targets for the TF are shown in this link to the latest post on my blog: http://strawberryblondesmarketsummary.blogspot.com/
The general tone I am getting from a lot of traders these past few weeks is that of frustration. Many are getting “whip sawed” around in their positions. Lots of stories about 1.) breakouts that just “wont go” and end-up as disappointing head fakes, and 2.) intraday reversals taking them out right @ their stops,
Information received since the Federal Open Market Committee met in January suggests that the economic recovery is on a firmer footing, and overall conditions in the labor market appear to be improving gradually. Household spending and business investment in equipment and software continue to expand. However, investment in nonresidential structures is still weak, and the