Well, we had a lot to discuss during this week’s webinar. The rally on Wednesday was real and on very high turnover – a sharp contrast to Tuesday’s action, when it seemed as if everything was destined to fall. Follow through won’t be confirmed for 4-7 days, so we need to keep our eyes peeled next week.
Our guest this week was Kevin Cook, a brilliant strategist with Zacks Research. Kevin’s presentation on the current condition of the markets was really fantastic, especially around the technical signals – it appears there could be more downside. He also covered some of the great features on Zacks that are really helpful for any options trader, like earnings estimates and revisions.