I wasn't watching the market much today due to commitments at work, but after some heavy early selling, the afternoon bounce back was at least nice to see. I was stopped early on two of my three longs from yesterday - it happens (a lot in this market). I went into a few small positions today as I still expect the market to attempt to rally a bit more from here. We're getting to some interesting levels that (if broken) could lead to some nice year-end action.
A few names I am watching here are shown below. I am not being very aggressive with anything here as the market remains too volatile to be aggressive, but it's worth keeping a watchlist ready now because you just never know when the market will end this miserable chop and get a bit of a trend going. Not saying that it's going to be now, but you always want to be prepared.
Nasdaq
Russell 2000
S&P 500
A few names I am watching here are shown below. I am not being very aggressive with anything here as the market remains too volatile to be aggressive, but it's worth keeping a watchlist ready now because you just never know when the market will end this miserable chop and get a bit of a trend going. Not saying that it's going to be now, but you always want to be prepared.
CMC
DLTR
GPI
VHC
VNET
2 comments:
Hi,
Love your posts! Which website charts do you show? How did you setup Pocket Pivot?
I use TC2000 software from Worden Brothers. If you click on the "Telechart" link on my website, it will give you more information along with a free two week trial.
The pocket pivot scan is also detailed in my "favorite posts" page at the top of the website.
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