Momentum Trader Report: 06/30/10

Will be back with more posts next week, after the US Independence holiday weekend.

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Momentum Trader Report: 06/29/10

New worries about the economy pushed the market lower at the open and it couldn’t recover. The QQQQ is now down 7 days in a row.

The last time I could find a streak like this was back in September and October of 2008. As seen in this chart of QQQQ from 2008, those streaks were […]

Momentum Trader Report: 06/28/10

The market chopped around and went nowhere, closing slightly under Fridays close. Volume was very low and will likely stay that way as we head into a three day holiday weekend.

I posted charts of UUP and FXE in last nights post, as I think these are about to break. A think a bullish case could […]

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