Technical Outlook: Yesterday’s rally was a strong response to the sell-off on Friday as it regained every one of the moving averages it lost, including the 5, 10, 20, and 50-day MA. Follow through today is important for the bulls, because by continuing the rally if makes it as if Friday never happened. With yesterday’s
Today has been anything but boring as we have seen the market deal with two huge pieces of news in GDP and Bernanke's Jackson Hole Speech, and traders and investors have been taken on a wild, roller-coaster ride as a result. Surprisingly, the market is rallying on Bernanke's no-news event (or is it?) and  trading
Current Long Positions (stop-losses in parentheses): None Current Short Positions (stop-losses in parentheses): ESV (42.84), MR (32.80), WTFC (37.71), SLAB (44.80), CERN (83.56), ALB (43.59), HIBB (26.65), LYV (11.95), WRC (40.95) BIAS: 93% Short Economic Reports Due Out (Times are EST): Consumer Price Index (8:30am), Treasury International Capital (9am), Consumer Sentiment (9:55am) My Observations and
One of my new changes to the website that I talked about last week was providing you with my watch-list of stocks that I am paying close attention to. Last week, I merely provided you with a list of symbols, but this week, I am ranking them by favorite to least favorite, and on top
Here’s a nice little cheat sheet to find the ETF to meet your investing and trading needs. While there are thousands of ETF’s out there, these are the ones that are most often traded in. We have them broken down by category so you find exactly what you need very quickly. Broad Market | Large-Cap