Mais conteúdo relacionado Day trading methods that work in the real world2. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
Fundamentals
GDP came out this morning
U.S. economy accelerated to 1.7%
Businesses spent more and Federal government cut
less
Last quarter growth was 1.1%
Numbers were higher than expected
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U.S. Stock Market
Closed lower
Third session in row
Slowdown in China
Uncertainty in world economy
Market can stay range bound for several more
days. Keep in mind not all sectors are cooperating
with the upside. This is not a broad market
rally.
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The Transports Are Still Lagging
The transports provide clues during important
market levels. Right now they are telling us the
rally in the broad market is very weak.
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Semiconductors Are Not Leading
Notice the different cycles the market goes through
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The Bond Market Overreacts Again
Expect more volatility as week progresses
Bonds are still in range bound cycle
Consider support and resistance trades on
hourly charts
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The Aussie Breaks Down
Fundamentals from China can really push this market
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Crude Oil Waking Up Again
The positive U.S. news is also adding to the bullish
volatility in the energy sector today
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New Set Ups For Tomorrow
4x4 long - Ticker PWRD
4x4 long – Ticker DGI
Place buy stop .10 cents above today’s high price
If filled place protective stop .15 cents below today’s
low price
Keep positions to a minimum around these price levels
because volatility is very choppy right now.