Nice solid, broad advance so far. The only concern is the Russell which is red. That's another warning flag that we are still range trading. Don't chase these stocks higher. Oil inventories due up in about 30 minutes as well and that could change things in a hurry.
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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- Last night as I was working through a number of ch...
- Yesterday I commented about fading the moves ... u...
- Well, they indeed did reward those who gutted out ...
- As the last couple of trading hours approach, the ...
- Breadth is negative, confidence is waning (consume...
- The small caps are getting no lift today and that ...
- When I look at these markets right now, the only t...
- The end of quarter games are combined this month w...
- Although the markets have traded back to red, give...
- This is a pretty ugly reversal taking place in the...
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