Momentum Trader Report: 10/30/11

 The market rested on Friday with little movement, but what a month October has been. The NASDAQ has moved 19.8% since the beginning of the month. We saw a confirmed rally, but I personally have found few charts to trade, although certainly more than September. Let’s hope November brings more opportunities.
The market is overbought though, […]

  • 0 Comments

Momentum Trader Report: 10/25/11

Major whipsaw action in the market today, with the indexes closing higher. Looks like traders are optimistic about the Euro being saved. If true, that will be good for stocks.

I was stopped out of BEBE on Tuesday for a loss, but would consider it again if it moves higher with the market.

Trade Ideas for 10/27/11:
I […]

Momentum Trader Report: 10/24/11

 The NASDAQ successfully closed above the 200-Day MA, a bullish sign. The market typically puts in bottoms in October, and we very well could be seeing one here.

I had two triggers today. The first was WY. I am still holding half, and  really like this chart, but they report earnings on Friday morning. No chance […]

« Previous Entries  

eToro