My Home About Me

The market experienced a little bit of profit taking today but the uptrend (particularly in the Qs) remains intact. The Russell 2000 (IWM) continues to be the biggest reason for concern for the market as it came down to the important 80 level where there has been prior resistance and it is also the location of the widely watched 200 day MA. Earnings reports releases will start to slowly build next week now that the books have been closed on the third quarter so remember to check for earnings dates on stocks you are considering for overnight holds.

Basic Materials sector   Technical chart patterns   support/resistance levels   ETFs (exchange traded funds)   Deron Wagner   IRS denies trader tax status   trader tax status   mark to market accounting   Patience in the markets   Dow Monthly Performance   Dow Performance since 1900   Amateur Investors   Nasdaq Composite chart pattern   forex   trade   profit   S&P 500 chart pattern   euro   selling options   currencies