| The bears took over the market in a big way today. The rate cut rally is coming to a close and I expect we'll get some real corrective action, notwithstanding a catalyst on the bull side.The NASDAQ... | |
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| Short the market. Yesterday we rallied on bad news, so today we took it back with a vengeance.PRGO was a bear flag continuation play from yesterday's earnings gap.SOHU bear flag. This is obviously... | |
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| Futures indicate a flat open for the mkt after trading modestly lower overnight. In earnings news, Cisco Systems (CSCO) beat by $0.02 and issued in line Q4 rev guidance on its conference call. But... | |
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| Solid reversal day for the market. The day started off on a bearish note with worse than expected earnings in Finance (UBS, FNM) and Housing (DHI) along with new all time highs in Crude Oil setting... | |
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| PRGO is a WL stock as well as a Briefing.com gapper and was quite active in pre-market trade. After an early swoon, it retraced back up to early support which now turned into resistance. It carved... | |
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| Gapping up in reaction to strong earnings/guidance: IPHS +24.9%, PWAV +17.2%, ATSI +16.6%, DIVX +16.3%, SYKE +12.9%, IAR +10.5%, XEC +9.0%, WEL +8.8%, TDG +8.4%, APC +7.4%, RAS +7.1%, MCK +6.7%, ALJ... | |
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| I liked the fact that SU held the 5 EMA on a closing basis and hoped it could ultimately take out the early swing high and move up to the $117.00 PP. I took a partial at $115.50 and was hoping for a... | |
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| Todays' gapper list was short, and for the most part choppy, so I looked at some carryover from Friday's list. BOOM set up a low risk entry at the cusp of Friday's support level so I took the trade.... | |
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| Gapping up: S +6.5%, MSFT +4.3%, GOOG +3.9%, TWX +2.1%, DOV +1.7% EMKR... Gapping down: YHOO -23.6%, CFC -11.4%, IR -2.6%.Courtesy of Briefing.com | |
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| NT gapped up but immediately succumbed to weakness. It made a decisive move lower, briefly found support at the previous day high and formed a bear flag. Short after price closes below support of... | |
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