The first trading day of 2012 was spectacular for us as we booked several winners. When opening swing trades you need patience to let them work, and in this market that is no easy task. However, with a good trend, solid technical patterns and buyers on our side we were able to take advantage of [...]
Commentary – 07.19.11 Strong day here on good volume and solid breadth after yesterday’s smashing. Given the short term oversold signal it seemed the markets were ready to rumble higher and indeed that’s what we had. Buoyed by good earnings from IBM, tech was the star of the day while poor earnings from GS and [...]
Commentary – 07.12.11 If there is one thing we know about this market is its unpredictability. Last night when I went to bed the futures were down about 9 – knocked for a loop after some worries over Italy suddenly surfaced. This really is not a new problem as we know but given the sharp [...]
The bulls were running in Spain this week, which makes the second straight week as the bulls on Wall Street were charging prior. This past week finished slightly higher as the dismal jobs report Friday was a hint that the economy is not totally healed. The surprise was the difference between what ADP projected for [...]
