TradingMarkets Top 5 Of The Day
In this nightly feature, the editors of
TradingMarkets select the 5 best and most insightful (and sometimes humorous)
excerpts from all of the articles and blogs that have been published throughout
the entire day.
Here are today’s selections:
Kevin Haggerty:
Generals, Hedge Funds and the casino
“…Keep
your power dry on the buy side until there is a pullback of consequence.
Andy Swan:
MCD may explode, here’s the setup
“…Look
for a break (and hold) above 34.25 on volume of more than 9 million shares as
your indicator to initiate a bullish position…”
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Brett Steenbarger, PH.D.:
These stats hint at the market’s next move
“…Once
again, we see that somewhere around the year 2000 was a turning point in market
regimes…”
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Charles Sachs:
Watch this level for a long entry
“…The
short-term market trend is down, and the intermediate-term market trend is up….”
Read More
Trader’s Blog:
Force yourself to think through your trades
“…I presently find myself in a position where
it is very tempting to take my profits.
.…”
Read More