Momentum Trader Report: 11/18/09

Although the dollar was down again today, the indexes did not move higher. Perhaps the market needs a rest. The S&P 500 is consolidating above 1100 though, which is positive.

I had 3 triggers today. No big moves, and they all pulled back from their highs.

This one gapped up slightly, looked like it was going to […]

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Momentum Trader Report: 11/17/09

A choppy low volume mess today, which aw the indexes close slightly higher. The S&P is hanging tough so far above the psychological level of 1100.

I had no triggers today, and had a losing day daytrading the ETF’s. But I had some further continuation in some of the stocks I am still holding as swing […]

Momentum Trader Report: 11/16/09

The market opened strong and stayed strong all day long due to more weakness in the dollar. The Dow, which was showing a flag pattern, broke higher with increased volume.

With the weakening dollar, metalswere up, which was good for ANV, one of the stocks in my watchlist today.

I had some other triggers today as well, […]

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