Gareth Soloway has been an avid trader since his days at Binghamton University where he studied Economics. After receiving a BA in Economics he began work as a financial advisor. While working as a financial advisor, Gareth continued to study the markets and trade for himself. Following his work... More
Often when a stock cannot catch a bid or rally higher with the major indexes it is signaling weak relative strength. Stocks that have or signal weak relative strength compared to the market are good candidates to be sold short on bounces. For example, FSLR the leading solar stock has not been able to rally with the NSADAQ or the other major indexes. These are the kind of stocks that you can watch for small bounces and take short positions. Remember it is prudent to always use stops as stocks can do anything at anytime.
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha
community. Instablog posts are not selected, edited or screened by Seeking Alpha editors,
in contrast to contributors' articles.
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.
TRADE LESSON: LEARN THE RELATIVE STRENGTH OF A STOCK 1 comment
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
This post has 1 comment:
Latest Followers
StockTalks
-
3 days ago
-
3 days ago
-
4 days ago
More »Posts by Ticker
Latest Comments
Most Commented
Posts by Themes