Momentum Trader Report: 04/24/11

The market moved higher last week, as is often the case in shortened holiday weeks. The NASDAQ is now approaching its higher of the year, and is forming something similar to an inverse head and shoulders pattern.

I had one trigger on Friday, SFSF, and am still holding some.

Some recent triggers moved well on Friday, including […]

  • 0 Comments

Momentum Trader Report: 04/20/11

A great day for the market with a strong showing by seminconductors, which haven’t been participating in the most recent rally. This was terrible news for my SSG position.  Needless to day, I was stopped out and it ruined my trading day.

I had one trigger in HOC, not enough to make up for the loss […]

Momentum Trader Report: 04/19/11

The market managed to  bounce on lower volume, a theme we may continue to see as we head into a holiday weekend.

Even when bearish, it pays to have some charts ready. In fact, when I turn bearish in my posts, the market often rebounds. I had surprise trigger from my Watchlist, SLG.

I posted this chart […]

« Previous Entries  Next Entries »

Chartpattern Affiliate Program