May is now behind us, and not a good month for the market. Funny how the market works. April was a dream market for momentum trading, and May was a nightmare.I was fortunate to go into cash on May 4, and have only been nibbling on stocks for most of the month. I sure would […]
A big bounce today on weak volume, but still good to see a playable bounce. The S&P 500 and Dow rallied up to their 200-Day MA’s, while the NASDAQ and Russell are above theirs. So far, this is only an oversold bounce.
I only had one stock on the Watchlist, LSCC, which triggered today. I […]
A rally today seemed a little too expected, and the gap up turned into bull trap. Buyers couldn’t keep the action going for long, and the market sold off in the afternoon.
I took 3 watchlist triggers, for no gains. I am still holding NAV, as it is one of the best looking stocks right […]
