No post tonight, too busy with personal things, but needless to say, I liked today’s action. Nice moves in commodities. ANV and BEXP are a couple I own.
The market paused today after yesterdays selling. The NASDAQ seems to have found some support above the 20-Day SMA, a hopeful sign. Not a bad day considering news that another EU country is downgraded. Let’s see if the market can hold these levels.
As a momentum trader, I am only trading the leading stocks, and try […]
The day started off with some expected and orderly selling. No problem, I will just get stopped out of a couple of positions, like BJRI and lock in some nice gains. But the bottom fell out in the afternoon, and nearly all my stops were hit, putting me almost entirely in cash. There was some […]