Right now, I’m looking at Apple (Nasdaq: AAPL) beat earnings as the stock goes higher in after hours. Today we broke to a new intra-day high along with a new closing high. After this huge run up, I am looking at this week’s close to see where we are headed next. A [...]
Today was the second day where the market traded in a tight range (Two doji’s on the S&P daily). Right now it seems we can not get above the January highs on the S&P. The 950 area can also be viewed as the end of the ‘V’ shaped rally where the Jan highs [...]
Right now the S&P 500 is wedging between the 200 and 50 period moving averages (MA) on the daily chart. I think a sustained break above or below will be the tell on how the market will behave throughout the summertime. Right now, I have a bias to the downside and believe [...]
Many new traders often mistake investing with trading while both have very little in common. Other than buying, selling and order execution, investing and trading could not be further apart. New traders that are experienced in long term investment strategies are shocked once they enter the world of trading for short term profits.
Investing only requires [...]