Mid-Day Update: July 2, 2012 Evan Lazarus looks at the charts of Apple (NASDAQ:AAPL), Visa (NYSE:V), and CF Holdings (NYSE:CF) as he looks for opportunities in Day-Trades. Traders should always be looking for the “path of...
Read MoreRetail has been a strong sector this entire year even though many say the consumer is having problems. The group showed relative strength all year and is above most moving averages. It’s been a “go-to” sector...
Read MoreLast week’s action: The total Q2 performance was still negative 3.2% despite the big Friday push, with corporate growth globally continuing to cool down. Economic growth data from around the world came in below the...
Read MoreMarket trickled higher before getting hit with a very negative ISM reading at 10:00am. The survey results are the latest signal that growth is slowing. There were a ton of these type of data points overseas overnight. There will...
Read MoreThis is an abbreviated week for the Fourth of July holiday. We have a half day tomorrow and the full day of on Wednesday, and we’ll have to see how this market treats us. We had some nice ticks carried over into Friday...
Read MoreMarkets staged a powerful rally to end the quarter, spirited by news out of the European summit. You only had about 5-10 minutes to switch gears on Friday. If you came in flat, markets paused and gave you a few moments to...
Read MoreOil (OIL) is up nearly 7.5% in trading so far today after Euro Zone leaders have seemingly hammered out a solution to shore up troubled banks through direct lending from the ECB balance sheet. Despite the gains, oil is still set...
Read MoreThere have been a lot of turning points in this market, including last Thursday’s violent sell-off and today’s major gap up. There has been a lot of push and pull activity, but perma-bulls and perma-bears are not...
Read MoreYesterday we were looking at a pretty ugly bought of selling, but today we are back into bull territory. I’ve been saying for weeks that this is a stock pickers tape, so respect the shorter term trades and the shorter time...
Read MoreAs active traders it is easy to get caught up in the short-term action, but when taking a step back the market is still acting very methodically. It might not feel, based on the headlines, that everything is rosy in the market,...
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