December 5th – Don’t Stay Too Long
As mentioned last week, we want to keep some of our open energy trades on a short leash. They were up 20% or so, so after a brief market review, let’s take a look, take some profit, and not overstay that welcome 🙂 SPX – We saw a large doji candle on Friday ( […]
Weekend Dec 2
SPX WEEKLY – Still Bullish? Yes, quite. On a 2 year chart we see that the SPX formed an uptrend channel, and when it got a bit overenthusiastic ( over throw), it immediately sold off and closed back inside. Currently it has closed outside (above) that channel. This can create a steeper incline if it […]
Dec 1- Buy Day Friday
Friday is the last trading day of the week, so let’s just look at a couple of the important things and some possible buy opportunities.
