Momentum Trader Report: 12/29/11

As we head into the last trading day of 2011, I am glad to see it go. It started out as a good year. Swing trading was still profitable for those who did their homework. Some memorable trades that come to mind were BIDU and TIBX, to name a couple.

But since the summer, the market […]

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Momentum Trader Report: 12/28/11

I was hoping that the NASDAQ was getting ready to pop, but it ran into resistance at the 50-Day MA today. If the NASDAQ can’t hold here, then this could be a bear flag, which could lead to lower prices.

all of my stocks got hit today, but some rest is expected here. They have been […]

Momentum Trader Report: 12/27/11

 As mentioned in last nights post, the NASDAQ is struggling between the 50 and 200-Day MA’s. The other major indexes have broken out of Inverse Head and Shoulders patterns, and the NASDAQ is showing a similar pattern, but hasn’t broken out yet.

I had a nice trigger in ARIA this morning, which broke out on heavier […]

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