Market Monitor | stockbee


Market Monitor

  • The action on Friday was meaningless as the holiday shortened week created some volatility.
  • Bulls have nothing to complain about just finished quarter. Being long paid of handsomely.
  • Where does the market go from here is uncertain, with only few days of trading, the volume will be thin and moves exaggerated.
  • Earning season is what I am looking forward to. With many stocks going sideways or having a pullback, any good earnings will result in rallies. This is ideal set up for earnings trading.
  • Opportunities are also presenting themselves on short side as some leaders are breaking down. So this market should currently keep both bulls and bears happy.
  • The mixed market conditions are ideal for short term trading.

1 comment:

walter said...

did you notice a dash of insights switch to neutral?