Tag Archives for " WFM "

Pause in the Selling

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

Fed + China = Compression

Fed+China=CompressionThe stock market is waiting on the Fed this week and China continues to produce weaker than expected economic numbers.  This combination led to a down day on Wall Street and the most compressed day of the last 18 trading days.

The last time the market was tighter than today was August 18. That was the first day of a 6-day downdraft in the market.  In the video below I review today’s action and look at trade ideas on LVS, FEYE, WFM and GS. Continue reading

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