Momentum Trader Report: 05/20/09

Today opened strong. Stocks I was holding were up and I had 5 triggers in the morning. Normally when this happens, it’s a sell sign. I have mentioned this before in these posts. It usually means a sell off is coming in the afternoon. But in this current rally, that hasnt been the case. Today […]

  • 0 Comments

Momentum Trader Report: 05/19/09

I’m not going to bother with any commentary since I have so many charts to post. There were 5 triggers from the Watchlist today. None made huge moves, but some still look good here. Let’s look at the triggers, then trade ideas for tomorrow.

  Trade Ideas for 05/20/09:
A lot of charts for tomorrow. I will […]

Momentum Trader Report: 05/18/09

Last night I posted a weekly chart of the NASDAQ, showing what I thought were bearish signs. Well, what a difference a day makes. The NASDAQ along with the other indexes moved big today, and the NASDAQ reclaimed the 200-Day and the chart now looks bullish again.

If there is one thing I have learned in […]

« Previous Entries  Next Entries »

Chartpattern Affiliate Program