Volatility continues in the stock market as all the indices had a big bounce today. The DJIA was up 235 points and the Nasdaq up 102 points. This move led to another low reading on the TRIN and I talk about this in tonight’s Weekday Market Wrap video. Also tonight I look at the German DAX, Shanghai Composite and the Hang Seng index. Continue reading
In tonight’s weekly trade ideas video (below) I review all nine of the trade ideas that are open on CAT, FEYE, BABA, NFLX, SNDK, IBM, KORS, SCTY and WFM. Have a great Monday! Continue reading
Market action today looks like a pause in the selling. The DJIA was up 125 points and the SPX up 9 points. Biotechs got hurt today in some serious selling. In tonight’s video (below) I look at both the IBB and XBI ETFs.
I also review the trade ideas. NFLX trade idea opened today and there are 4 new trade ideas on IBM, KORS, SCTY and WFM. Continue reading
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