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Bouncing market

Every time there is 2 to 3 days sell off the market continues to recover vigorously from it. But these bounces from short term strength have had hard time sticking or following through. That makes buying breakouts a risky proposition , unless you are very selective and look for very small moves.

The summer time trading some years tends to be like this. This week there is deluge of data being released and that might act as a catalyst for the market to get out of this range.


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Three down days

Three down days in a row have been followed by bounce in this market. The bearish side has had time and again had trouble in real breakdown...

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Europe Woes are back

Like a recurring bad dream the Euro crisis keeps dominating the market. For few weeks there was a respite from the bad news and market rall...

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Still range bound

Market has recovered from the selling and is now near the range high established in few months. The market has got a bit of break from the ...

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Low volume

Market continues to be range bound here. Volume was below average. Summer months tends to have low volume. Below the surface number of st...

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Reflex bounce

Market had series of negative days before Friday. So Friday witnessed a reflex bounce. The underlying breadth was not indicating major buy ...

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Market reacts to earnings warnings

Market had put together a good bounce in last 10 days, however earnings warnings from some of the bigger bell weather stocks put the market...

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How to trade the earnings season

The new earnings season starts this week. Every earnings season leads to new leadership developing in market. There are always some stock...