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WEN @ 4.26 PM....
It's good to hear you're doing better. You've been missed here.
Fade that bug.
Pre-open there was weakness in some sectors but someone pressed the sell the dollar button around 9:00AM and no looking back since then.
Watch for the oil report to get the all clear.
In case anyone is interested, an awesome site I frequent every day is Pivot Farm. It has confluence numbers for ES, NQ, YM, and some Forex every day. Here is today's futures info:
http://www.pivotfarm.com/PivotfarmSupport&Resis...
I've been collecting data to determine the average intraday range of the ES... I'll disclose more later
WFC .56 53.57
JPM .86 53.48
GS 5.25 35.48
MS .38 81.57
MS appears quite overvalued.
WFC, -2.6%
AGEN, -42.5%
SNDK, +6.5%
APCVZ, +20%
MS, +0.6%
YHOO, +4.5%
FCX, -0.8%
NVAX, +2.6%
CRXX, +16%
USB, -0.1%
BA, -2.5%
PLCM, -10%
TSFG, -17.5%
KEY, -4%
MO, -1.6%
STX, -1.6%
ELN, +4%
I also have JACK back on screen.....@ 19.40 range.
Still have BEST @ 1.64.....RNN did not hit entry....or NNVC....LOTTO
Wish I would have held DRV...but a 3X is a killer to hold....
PENN missed projections. They are down almost 5% this morning. This is one of the gaming stocks the analysts had recommended a couple of months ago when they said the casinos were not going to perform well in the short term.
Would you share your thoughts on PM's in the short term? This looks like an opportunity to buy a dip but I'm curious where you think the bottom of the dip will be.
long ES 1085.75 @ open, looking for 1089
BOOM! Off to school in a bit
BEE @ 2.33.....
Glad you got it from yesterday. Good trade.
EDIT...starting a position @ 7.33.....
DRYS, too.