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Day: March 5, 2011

Market Wrap-up May 3

Rollercoaster of a day today and we again traded the spx futures and silver (SLV) well today.  Breakout trades like APKT, HLX, and ZAGG continued to hurt but they seemed to slow somewhat.   We opened new long positions in GILD and closed all the silver shorts and even went long some into the $40 […]

Financials Outperforming So Far Today…Setting Up For A Trade

The finnies are outperforming today in a relativ basis.  Simply put as of right now the SPY is down 0.33% while the XLF (financials) is up 0.33%. As I watched JPMorgan (JPM) and Bank of America (BAC) trade over the past few days I couldn't help but start to feel more and more constructive on […]

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