A boring day in the market, which is good. It’s nice to see the market hold on to last weeks gains. Some of the action was in Oil which rebounded, and the fertilizers, which are perking up. Some of the fertilizers will be reporting soon, such as POT which reports on Thursday. Outside of this, […]
Friday was a lower volume consolidation day for the market, which is a healthy sign after last weeks rally attempt. As expected, the NASDAQ did poorly on Friday, due to poor earnings by Google and Microsoft.
FLIR was posted as a trade idea for last Friday, and it did trade above thre entry point. If gapped […]
Oil and energies continues to get pounded today. Many of the recent momentum stocks from there sectors were down huge, yet this is good news for the market, as it’s responding well to lower oil prices, and the major indexes all closed significantly higher.
Today’s market action was a very nice follow-through to yesterday, and could […]
