Momentum Trader Report: 06/21/09

The S&P 500 held up above the 200-Day MA on Friday, and like the NASDAQ, closed higher on heavier volume. This is a key level to watch. It will need to find support here it the market is to continue moving higher.

Two stocks from the Watchlist triggered on Friday; lets look at those:
CRAY had a […]

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Momentum Trader Report: 06/18/09

A quick post tonight. There were two breakouts from the Watchlist. I had the buy points incorrect on the Watchlist, but the charts were correct. The buy points on the Watchlist are for my own personal reference, so be sure to use your own if you trade any of these stocks. Now, here were the […]

Momentum Trader Report: 06/17/09

The market basically paused today as neither buyers or sellers had the upper hand. The NASDAQ did the best, and the S&P 500 could be finding some support at its 200-Day MA.

There were 2 triggers from the Watchlist. The first one had a very nice day, HWAY.

The other, CERN, failed to move much and closed […]

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