Here is a possible scenario...
Thursday, June 28, 2012
SPY chop
The market is just chopping around in a range, a real mess. Seems a market only for scalpers or long term holds with wide tolerance. Best to wait for some direction. If you are holding any longs (or shorts) for an extended period, plot them with the SPY and make sure they have their own independent momentum, and are not just chopping around with everything else.
Here is a possible scenario...
Here is a possible scenario...
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Early winner/loser in 5g, Ericsson ERIC, Nokia NOK
I like to start collecting stock tickers for after the new year, stocks that have been beaten down and window dressed more than they deserve...
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My trading has been flat and uninspiring the last week. I have chopped about, and for every good trade there has been a bad one. Today is a ... -
Had an email request for my view on SPY short term: The only negative for the SPY is on the minute charts we have broken a valid trend lin... -
Nice to have earnings season here, should at least give some individual names some solid direction, and maybe hold up the market. I had a ni...
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