Stock Trading Alert: Short-Term Uncertainty Following Last Week’s Selloff – Will Downtrend Continue?By: Paul Rejczak | Mon, Aug 4, 2014SharePrintEmailStock Trading Alert originally published on August 4, 2014, 6:28 AM:Briefly: In our opinion, speculative short positions are favored (with stop-loss at 1,970 and a potential profit target at 1,850, S&P 500 index)Our intraday outlook is bearish, and our short-term outlook […]
MomentumOptionsTrading.com Weekly Wrap for 8/3/201411:30pm (EST)1. Market Summary2. Weekly Wrap Portfolio Update 3. Week Ahead(To view the charts, please log into the Members Area and go to the Weekly Wrap Premium section.)= = = = = = = = = = = = = = = 1. Market SummaryThe bulls went into July looking strong but left the month looking weak. Of […]
Stock Market Correction Over?Stock-Markets / Stock Markets 2014Aug 02, 2014 – 07:37 PM GMTBy: Tony_CaldaroThe recently awaited downtrend kicked in this week after the SPX made a fifth wave failure at 1985 on Tuesday. After that the rest of the week was downhill with the SPX hitting 1916 on Friday. For the week the SPX/DOW were -2.75%, the NDX/NAZ were […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereThe DAX as you can see had a very negative Friday, mirroring the horrible session went on Thursday. The market sits at the €9200 level right now, but we think that the real support is down at €9000 where we have seen so much in the […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereThe MIB as you can see initially tried to rally during the session on Friday, but found enough resistance of the 20,600 level to turn things back around and fall. However, the market below has plenty of support, especially at the 20,000 handle. It is below […]
Not panic, just repositioning: Pro
Discussing Friday’s jobs data, and potential Fed action, with Suni Harford, Citigroup, and CNBC’s Steve Liesman.
Stocks—already seeing their worst week this year—could see a continued selloff in the coming days, O’Neil Securities Director Kenny Polcari said Friday.For the S&P 500, “1,910 is going to be the 100-day moving average. That’s going to be where at least […]
MomentumOptionsTrading.com Midday Update for 8/1/2014Bears Breaking Bad12:20 p.m. (EST)Futures were volatile throughout the night and were higher ahead of the overseas market opening, but got progressively worse ahead of Wall Street’s open. Dow futures were down over triple-digits at one point, but made a dramatic turnaround following a weaker-than-expected Non-farm Payrolls number.The drop to 209,000 jobs added came in worse-than-expected, […]
MomentumOptionsTrading.com Morning Update for 7/31/2014Bulls Rebound on Fed’s Comments9:00am (EST)The market was volatile Wednesday but bounced off its lows after the zombies cut another $10 billion from their monthly bond buying spree while keeping interest rates unchanged.Of course, the tight trading range over the past 3 weeks could continue today as Wall Street awaits Friday’s Nonfarm Payroll numbers. (read more…)Share […]
NEW! Download all of 2013 Performance: Click to Download!OR Download all of 2014 Performance to Date: Click to Download!Dow opens + 1 and our open trade jumps a little.Market Open (click to enlarge)The Dow closes + 22 This is what we closed out: EXK +1035, GDX -75, THC +6037, TQNT +723, WLB -2310TOTAL = + $5,410This is what we […]
Webster’s defines neutral as “not supporting either side of an argument.” And, with the “chance of a temporary selloff” looming, then I guess Goldman is really just covering its bases.Read More Heads or tails? You still might be a stock pickerTo confuse investors even more, they said that “the near-term risk/reward profile for stocks was less attractive, even as they […]
