The market made a huge surge today on better than expected GDP numbers, which smashed expected numbers, and put fears of a recession on hold. Oil prices also fell, despite Hurricane Gustav threatening oil platforms in the Gulf. Volume was higher today, but still low due to the upcoming holiday.
There was one trigger from the […]
The market had a good day, as a jump in durable goods orders offered some relief. But as expected, volume was very low today, as it will be all this week leading into the Labor Day holiday. Oil also moved higher, as Hurricane Gustav threatens platforms in the Gulf of Mexico.
There was a trigger from […]
Stocks finished mixed today on very low volume today, the lowest volume day of the year actually, and the action was very choppy.
There was a trigger from the Watchlist. It was HIL, which gapped up slightly in the morning, triggered, then sold off hard for the rest of the day.
Buying breakouts has been very challenging […]
