Various Market Thoughts – Time To Shorten Trading Horizon
Despite a bounce in the major averages yesterday, the market remains in no-man's land and is churning away. Given all the headwinds I discussed here tirelessly I think the direction of stock prices over the next two months is flat to down. As such we are increasing our focus on shorter-term trading in Bucket 1 […]
Today’s pre-market video is ready to watch here:
http://steadytrader.wpengine.com/video-2/april-2011-2/
Right Here Right This Minute: S&P 500 Key Area
Note the key area the S&P 500 (and the other major U.S. indices for that matter snuck to this morning. It's hold or fold time here if you ask us. A bounce will become obvious if it happens and at that time we will look to names like Apple (AAPL) and VMware (VMW) on the […]