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The markets are up nicely today. Jobless Claims came in better than expected and the other Economic Reports were bullish. The Financials are the only significant laggard today. The TICK and TRIN are divergent in that the TICK is corroborating the broader market moves while the TRIN is not. The VIX is bleeding out nicely, so the tie breaker goes in the bulls favor.
I made one trade today in FAS which I highlight in my video. I probably would have been better in TNA when it comes to trading the ETFs.
Thanks for being a part of Swing-High.com! Always trade with a stop loss and manage your risk appropriately. Check back this evening for yourPost Market Analysis.
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Halftime Report, Thursday November 5: up 0 comments
The markets are up nicely today. Jobless Claims came in better than expected and the other Economic Reports were bullish. The Financials are the only significant laggard today. The TICK and TRIN are divergent in that the TICK is corroborating the broader market moves while the TRIN is not. The VIX is bleeding out nicely, so the tie breaker goes in the bulls favor.
I made one trade today in FAS which I highlight in my video. I probably would have been better in TNA when it comes to trading the ETFs.
video
Thanks for being a part of Swing-High.com! Always trade with a stop loss and manage your risk appropriately. Check back this evening for yourPost Market Analysis.
Happy Trading,
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.
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StockTalks
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nice sell off on the major indexes $SPY, $DIA, $IWM, $QQQ, $XLF. Entered long positions in $FAZ, $EDZ, and $TZA throughout the morning
Nov 12, 2009
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put an order in to pick up some $fas at $70.17... will probably hold it for this up leg if there is one
Nov 4, 2009
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the vix should have support at 30 now... $TICK, $TRIN, and $VIX all behaving slightly bearish today after a bullish open
Nov 2, 2009
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