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Yesterday's triple-digit loss puts the indices very close to some major technical break points....
Continue reading Investors Should be Back on the Defensive...
Powerful high-volume buying is making the ProShares UltraShort Financials (SKF) look like a good day trade....
I agree that the last hour of buying on Friday, especially buying in the blue chips, was quite impressive. But the reversal barely occurred, with the S&P 500 gaining just over 3 points. ...
DEE is a very volatile, speculative ETF that is designed for the day trader....
This is time to cull, not sell everything, but there is one sector you want to avoid at all costs right now....
Continue reading The One Place You Do Not Want Your Money...
The Direxion Daily Emerging Markets Bear 3X Shares (EDZ) is a trader's choice to participate in the falling emerging markets. ...
Traders should wait to see if the Nasdaq can pick up some buying volume and close above the highs of the past two days before committing any reserves to it....
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