Tonight will be a quick post because I am very tired. I didn’t enter any new positions, even though a couple of stocks in the Watchlist traded above their entry points (GMCR, CTRN, STC). They either gapped up above the entry point, or the spreads between the bid and ask were so huge, buying them […]
The market started slow and then rallied nicely into the afternoon, and there were many stocks from the Watchlist that triggered, some moving strongly. But things started unraveling into the close as bank stocks began rolling over.
I have been following the bearish rising wedge in the S&P 500. It started to look like this would […]
The market made a nice rebound from yesterdays downday, rallying into the close.
The rising wedge is still bearish, but bulls are making a stand and buying this pullback.
There was a great move in FEED, posted in the Watchlist last night. It moved nearly 16% from the buy point, and still looks great. Just look at […]