As expected, Tuesday and Wednesday were rangebound in the index’s, but there were still some really nice movers under the tape! SQ was on our watchlist yesterday and it ran straight out the gate. I missed the entry at 240 and it ran to 249.90 (250 magnet). FDX floundered but none of us took that…
As expected, the laggards of Monday popped into Tuesday, and the big movers chilled out a bit and are digesting. Index’s are hanging out near highs which is what we want to see. Really nice move in ROKU from our overnight swing. Most of our squad sold “too soon” but yielded 40-70% profits. Best is…
So we’ve had some really amazing moves in the index’s – SPY / QQQ / DIA after going through the choppiness from late February into the majority of March. Here we are now setting up as discussed for the Earnings Season run ups. Tech finally waking back up and names like FB / MSFT had…
Hope you had a relaxing long weekend away from the screens, and ready to get after it this week & month ahead! According to the Stock Traders Almanac – April is the best Dow Jones ($DIA) month (average 1.9% gain) since 1950. April exhibits strength after tax deadline in recent years. In addition, stocks anticipate…
Shortened holiday weeks are generally bullish and this week so far has proven this theory. In addition, we have Q1 in the books. It feels like we’re seeing a hint of rotation back to tech. Normally I’d think this move isn’t “real” but with Earnings season ramping up in a month or so, I expect…
