Momentum Trader Report: 12/27/09

The market drifter higher last week on decreasing volume, which is expected during holiday trading. Last week also brought a break out in the indexes, which have been consolidating for over a month.

The biggest mover has been the NASDAQ, which has been leading the way higher.

This has been very good for QLD, a trade idea […]

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Momentum Trader Report: 12/23/09

A quick post tonight.The market moved a little higher today, with the best index being the NASDAQ, a positive sign and good for my QLD position. I had 4 triggers today with PSS, VCI, CTSH and QLTI. All of them are still looking good. Some previous triggers like DRWI also moved nicely today. Others simply […]

Momentum Trader Report: 12/22/09

The S&P 500 finally broke out of its consolidation range today, following the NASDAQ which broke out yesterday. This should lead to more upside in the market.

I had 2 triggers today, and some nice moves in stocks I am holding. The triggers were in RFMD, which I adjusted my buy point last night, and ISIL. […]

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