Kevin Haggerty, Author at Trading Markets

Stocks the gang might try and get going

There are ten trading days left, with the SPX +4.9% year-to-date and the Generals/hedge funds bent to push it higher into year end…

Daytraders can look for long intraday setups on any decline early this week

The key price and time zone was initiated at the SPX 1273 level

Daytraders had an early range breakout opportunity after the initial gap.

The SPX finished the week -0.3% at 1265.08

Keep your power dry on the buy side until there is a pullback of consequence.

There will be more random price movement today and Friday as many trading desks and NYSE floor operations are half-staffed.

…about 80% of individual stock movement is due to the market, so stay with a diligent top-down approach: Market, Sector, Stock

I repeat what I have said in previous commentaries–that the quasi-index mutual funds don’t have to

Regular investors and traders are just pawns in the game of index and statistical arbitrage…

This week is option expiration, in addition to the SPX and Dow being out to their three-month, +2.0 standard deviation levels

The Generals’ markup into year-end is widely expected–and maybe too much so.