Posts Tagged ‘ DRQ ’

Momentum Book Update

I’m gonna keep this pretty short and just hit the major points.  I sold a lot of stock on Monday bringing my cash levels to over 60%.  This run has been quite amazing and large momentum moves often end with a bang.  Fundamental news often matches up with technicals at tops and bottoms, both intermediate [ READ MORE ]

Momentum Book Update

It’s amazing, the inability of sellers to keep the market down into the close.  One of the main indicators I’ve been watching throughout this rally is the ability for sellers to close the market on the lows, and continue the selling into the next session.  It should be pretty obvious that this hasn’t taken place [ READ MORE ]

RIMM Takes the Market For a Ride

I woke up this morning expecting the futures to be heavily red with a bad report from Research in Motion $RIMM yesterday afternoon and even worse reaction to said report.  The market, just hanging out up here, looked vulnerable to getting smacked hard and all at once.  So instead of the obvious, I woke up [ READ MORE ]

Just Chill

There are times when putting the pedal to the floor is the right move, and others when just cruising is advisable, this would be the latter.  Don’t chase breakouts here, the market needs time to collect itself and prepare for the assault on 1200.  There are setups to be bought, but when they are few [ READ MORE ]

Market Update

I’ve been rather lazy about giving short market updates lately, I’ve got a ton of other stuff going on so the videos at night have been better for my schedule.  As well, you haven’t seen any charts here, mostly because they are all on Chart.ly, make sure to be checking in there on a daily basis [ READ MORE ]

Running Out of Breadth

Like a less talented, smaller, slower team, the market is just hanging around, scrapping and clawing to stay in the game.  Teams like this are dangerous, it’s anyone’s game in the waning minutes.  A big push up above 1120 with volume on the $SPX and I wouldn’t be surprised to see another round of buying [ READ MORE ]

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