Yesterday, AXP broke, held, and closed above 35.60 after hovering around that area from 10:30 until 1.00. The breakout was tricky as AXP did not seem to have the mojo behind it that is normally does on a...
Read MoreToday’s market has been a continuation of the buy order flow we have been seeing since the lows of March. We continue to make 52week highs in the markets as well as plenty of stocks in the Dow Jones, these highs are fuel...
Read MoreORCL On the daily chart ORCL has been in a up trend since March; however, the trendline on the daily was broken around Sept 16th. Since then ORCL has been trading in a range between 20.oo and 23.00. In addition, it broke below...
Read MoreOn the daily chart, AXP is in an uptrend since March; however, it has gotten sloppy at times. Currently the March trendline has been broken on the daily and price action is bouncing off 31.68 which is somewhere near...
Read MoreJPM on the daily chart has been on an uptrend since, at least, March. The March Low was 14.96 while to date October’s high is 47.47. Furthermore, JPM has been trading in a range between 40.26 (first week of August) and...
Read MoreAs a trader there are so many things to monitor, watch, and interact with throughout any given trading day as well as the need to self regulate and keep the reigns tight on oneself to follow one’s own game plan, rules, and...
Read MoreKeystone Trading Group Market Update October 16th After disappointing earnings from Bank of America (BAC) and General Electric (GE) and a drop in consumer confidence this morning, the markets are on the defensive. However,...
Read MoreAs a developing trader who has made great strides over the past year, I am constantly putting myself under a micoscope in order to become better. One of the worst places to be, in one’s trading, is at the palce where you...
Read MoreCapital One $COF easy money gap trade today. $2 gap down on credit card default rise stats. Our play was to wait it out and see if there would be follow up institutionsl selling after the open and we got a nice trade once we...
Read MoreSo far today is a range bound, low expectation for follow through day in markets! Opportunity peaks through to suck one in and then……..no follow through. Keeping things really tight so far. This means lower share...
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