Momentum Trader Report: 07/28/10

The pullback in the indexes is looking pretty orderly here, on lower volume. The NASDAQ is sitting right at its 200-Day MA.

I have been keeping my stops tight for now, so I am getting stopped of or closing positions as they have pulled back, locking in gains in most. Todays action in recent trigger RBCN […]

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Momentum Trader Report: 07/27/10

The market took a break today, consolidating after a recent move to the upside. They moved little, but some stocks, including some recent triggers from this site, did badly. It’s possible the indexes could be putting in a reversal, bu too early to tell.

I had two stocks that triggered from my watchlist. Neither made good […]

Momentum Trader Report: 07/27/10

Another strong up-day with lower volume today. The S&P 500 sits right at its 200-Day MA. A good place for a rest? Maybe.

I had 2 triggers today, RBCN, which  made a nice move.

STLD also triggered but pulled back.

Other recent triggers are doing well.  However, check earnings if you are holding these.

This rally could have been […]

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