Expect a Bounce in Nasdaq

The bullish setup that I had been watching and trading in the Nasdaq was obliterated earlier this week. While the trend is now decidedly bearish, we are nearing a strong support zone that could provide a bounce that can be traded.If QLD (leveraged long Qs) drops down in the $70-70.50 range, I will likely take... Continue Reading →

Freshly Squeezed

Days like today tend to turn smack talking bears into nervous nellies with itchy trigger fingers. This gives rise to a nice little stock market pop that makes everybody wonder if we really have seen th worst of it and bottomed. Maybe we have, though I seriously doubt it. More likely, what we have today... Continue Reading →

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