Yet another short squeeze develops and I continue to step back and forth selling rallies and buying dips from a short perspective. I know the indexes are higher on the day and with all the good news I suspect that makes sense, but this market smells of a rotten variety especially on the DJIA so I continue to work in that area.
The Daily Dose of Trading Comments
Here you'll find short quips concerning the market mood and direction posted intra-day as the market dictates and time allows. You can find TATs strategy here. Comments here are from a trader who trades for a living.
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- The DJIA continues to be the weakest link in this ...
- So today has a bit more up and down volatility as ...
- The wheels look to be coming off the wagon right n...
- We are seeing a pretty good short squeeze once mor...
- The early bias is mixed with the DJIA negative but...
- TXN came in with strong numbers and is trading hig...
- It comes and it goes. Not much of a bump up on the...
- The rally was attempted quite early and failed. I ...
- Volume remains light and though we have steadily s...
- We got the squeeze higher that is fading fast. I'v...
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