Feb 28th – Reminders

 Market chop, Pop & Drop. Let's review the markets with an occasional reminder thrown in there too...

 

SPX   - These markets may eventually  "get over it" , but so far they seem to have something against the New Fed Chairman.  It could be his discussing 3-4 interest rate hike plan for 2018.  Read the chart. So far this is a day 11 gap fill above the 50sma,  let's look at the NASDAQ...

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Feb 27th – Tuesdays Ideas

Since the weekend report, we are seeing what was expected out of the General Markets & Oil, so I am going to get right to a few other areas first, and then I will have a couple of Stock Picks to consider.

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Feb 24th Weekend Report

With recent market volatility and a potential V-Type Bottom in place in the General Markets, I wanted to review the current markets, but along with that, I will also have a separate 'lesson' at the end of the report.  It will address why it is a set up to play long out of those lows, but it is also prudent to proceed with caution.  Why use the trailing stop?

 

SPX DAILY - Day 9 and the SPX closed above the 50 sma Friday.  Many here bought this reversal off of the 200sma when it was mentioned 2 weeks ago, and after stalling for a week in a bull flag,  it looks like it may give additional follow through next week.

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