Albeit a down day, it was more like a neutral day to me. The bear didn’t really win much today. Price rallied some after the Fed meeting and it was able to close above the 15 MA line. Not seeing… Read More ›
Month: April 2015
04-28-2015 Journal- $LRAD, $KGJI, $NUGT, $LEU, $TZA, $CERS
Today was a game of submarine. First, the DOW would sink under the water after open, then it would float back to the top and see the blue sky. It was a good save for the bull to climb back… Read More ›
04-27-2015 Journal- $LRAD, $CERS, $KGJI, $NUGT, $LEU
While price took out last Thursday high, it failed to sustain the momentum and ended with a bloody nose. Since price still hasn’t taken out the 2nd pivot lower high established on March 23rd,, today high may just as well… Read More ›
04-24-2015 Journal- $LRAD, $CERS, $LEU, $NUGT, $AMRN
Much credit go to the bull’s ability to withstand the headwind from the Greece’s tantrum. Instead of reacting in fear with bearish sentiment; the market took it in stride. Once Greece gives the final answer, it may bring in a… Read More ›
04-23-2015 Journal- $LRAD, $CERS, $AMRN, $SPXU
Today market action reminded me of a boxing match where both boxers were practically leaning on each other shoulders, exhausted to the bone, punching each other at the stomach with little energy they could muster. I guess at this point… Read More ›
04-22-2015 Journal- $LRAD, $AMRN, $SPXU, $CERS
Whoopie doopie the DOW regained yesterday loss. I bet tomorrow it is the bear turn to rule the day. A note to self: short the e-mini SP500 tomorrow morning… Despite today green bar, the trend is still sloping down if… Read More ›
04-21-2015 Journal- $LRAD, $SPXU, $NUGT, $AMRN
The bull and the bear are really going at it. No one can claim Newton’s 1st law of motion. A day gain in one direction is quickly opposed by the counterpart to go the other way.. Today, the bear managed… Read More ›