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ATM Wallstreet

Troy makes his living out of the markets daily, specializes in Equities. Mr. Peterson's trading approach uses chart patterns found on an intraday basis. Troy trades privately somewhere on the west coast

QQQQ are in a one dollar range saying which way will I go.  The dips and shakeouts were bought on Friday giving us some signs of bullishness but will she hold and move upward this week with options expiration? www.atmwallstreet.blogspot.com I go over my plan of action for Monday ... Read more

Today was a nice lovely choppy tight range trading day.  Well if you have been trading long you basically know when they are coming.  I had a fairly decent trading day took 6 trades, 3 B/E, 2 losses and 1 winner.  I still came ahead for the day.  ABT above was my winner and ... Read more

This morning the market opened with a novice gap down to the previous lows.  Once it hit the lows the buyers loaded up the truck and off the market went to fill the gap and higher.  As a day trader I was waiting for the dust to clear to find out what stocks were on their own page.& ... Read more

Trading is all about reading the gauges and then knowing how to properly respond.  The chart above is a 15 min Chart of the QQQQ that I was looking at while trading the markets today.  The best trades that work the best are when the most traders are caught on the wrong side of the ... Read more

MSO provided a sweet entry for a short trade in the late afternoon today.  After the Q's broke their pivot I was already short a few other stocks NT & TPX.  Once the Q's sold off and retraced I found MSO on a 15 min chart for a clear entry.  I always find entries for ... Read more

You can see my market comments from last night on the Q's to know why I was looking short at the open this morning in the market.  I built my watch list from stock that were gapping down premarket and CCI came across my radar.  It's very important to have a game plan on both si ... Read more

Today the QQQQ opened flat then slowly grinded down to one level of support.  QQQQ high 45.61 low 44.94.  See www.atmwallstreet.blogspot.com for my trading plan tomorrow on the Q's.  Also better charts! ... Read more

I will be watching these two hot sectors next week for trading. The Dow Jones Transporation Avg. has displayed some amazing strength in the last week and half.  Also the SMH's look to be coming off the bottom.  At www.atmwallstreet.blogspot.com I give my favorite ... Read more

MCK was my Super Bowl trade today.  See how Manning's play book helped me out on my MCK short at  www.atmwallstreet.blogspot.com for my comments GO GIANTS! ... Read more

AP Google 4Q Profit Misses Analyst Target Thursday January 31, 4:30 pm ET Google's 4Q Profit Rises 17 Percent but Falls Just Below Analyst Views MOUNTAIN VIEW, Calif. (AP) -- Google Inc.'s fourth-quarter profit fell below analyst expectations, signal ... Read more