Momentum Trader Report: 07/25/10

Another strong day in the market on Friday. The NASDAQ, which just a few days ago looked to be headed much lower, now looks very bullish as it broke out of this channel and is now above both its 50 and 200-Day MA’s.

I had 3 triggers on Friday which did well. LSCC is acting very […]

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Momentum Trader Report: 07/22/10

A quick post tonight. The indexes reclaimed their 50-Day MA’s by closing above it. The first time the NASDAQ has since May.

Had a trigger today in IVN.

This summer has been a difficult one for my trading. I should have been more patient with some of my previous picks. Some of them did well today.

Trade Ideas […]

Momentum Trader Report: 07/21/10

It was pretty choppy consolidation until Bernanke administered a killshot to the market in the afternoon. The NASDAQ was once again rejected at its 50-Day. Until we get a close above it, I’m going to assume we go lower.

I had three triggers today. I didn’t play CRUS because of the gap up, but took positions […]

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