SPY still in the range
The SPY is still stuck in this range. We really need to get above 113.20 for a possible retest of the 122 area. Join Keystone for a free webinar on August 10th starting at 4:30 EST. Click Here:...
Read MoreAuthor: Erik Solomon
Trade Recap
Just sitting here running through some of my trades from the past week and thought I would share my thought process on one particular trade I was involved in from this past Friday. The stock I was involved in was Research...
Read Morehow a professional stock trader earns money
Do you want the secret to consistently going to the bank? The all powerful golden rule that will unlock stock trading profits and financial freedom for you? The first part of the secret is keeping a detailed journal during...
Read MoreSignificant break GLD trend line
We have seen a significant break in the daily GLD trend line. this means a couple of things can happen. We can have a retest of the next support level of around 110.55. We could pop right back in the range and retest the top of...
Read MoreEveryday isn’t the Same
As Mario posted earlier today, what a boring day to trade. Sure there were some pockets of opportunity in Newmont (NEM), Research in Motion(RIMM), and the gold sector to name a few. But I think today...
Read MoreDull Summer day…
Apart from the short burst of energy on the open this morning, the markets really didn’t have much of any direction or volume. the $SPY traded 204mm slightly higher than yesterday – but as mentioned most of it in the...
Read More$SPY and the Death Cross
The Death Cross is a crossover resulting from a security’s long-term moving average breaking above its short-term moving average or support level. As long-term indicators carry more weight, this trend indicates a bear...
Read MoreConfused Yet??
So like most traders I went home Monday night and did my homework. I ripped through charts, watched some of the price action after the earnings in IBM and Texas Instruments(TXN), and how the markets were digesting...
Read MoreAnd how was your day?
We don’t get many of days like today, where we open down 150 on the Dow Jones just to finish up 75 points — all done on decent volume for the $SPY 250mm shares. It’s safe to say that most traders come in to...
Read MoreWY: Weyerhaeuser Co. Building a solid base
WY: Weyerhaeuser Co. reports earnings next Friday July 30. No matter how you decide to find trades or investments you can’t ignore a huge spike in volume combined with a 24% increase in price. Whether you are day...
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