Good morning folks
Hope you all had a nice relaxing weekend.
It looks like we are going to have a down open. Let's see if that continues throughout the day.
With the jobs report coming in weak there will likely be some fear mongering going on by the talking heads on the financial news networks. This was one months report and one month does not make a trend so I am not hitting the panic button.
Buy the dippers have continued to rush in every time we have a pull back. There is no way to know for certain if this time will be the same until after that fact. Caution is advised and developing a plan for whatever scenario may develop is key. Those plans can include sitting on the sidelines if you aren't feeling comfortable with the market action. You don not have to trade! Sometimes the best trade is the one you don't take.
Keep an eye on Gold and the gold miners as well as the oil sector.
This weeks videos
Long Live version
http://ticker.tv/vegastrader66/55202613c9f909b71e000000
Short and to the point version
http://www.screencast.com/t/rHLr69q8
Stocks on my Radar premarket
CYTX pr gapper, QURE pr big gapper, AXN nice looking daily potential 2 dolla holla, , ARIA pr active premarket can pop and flop be careful, ADXS pr worth keeping an eye on, CRIS pr active premarket decent looking daily, CAPN gapper off pr 8 dolla holla,
CNBC in the News
Seeking Alpha
Monday's economic calendar:
8:30 Gallup US Consumer Spending Measure
9:45 PMI Services Index
10:00 Labor market condition index
10:00 ISM Non-Manufacturing Index
12:30 PM TD Ameritrade IMX
IN THE NEWS TODAY | |
|
Seeking Alpha
Monday's economic calendar:
8:30 Gallup US Consumer Spending Measure
9:45 PMI Services Index
10:00 Labor market condition index
10:00 ISM Non-Manufacturing Index
12:30 PM TD Ameritrade IMX
No comments:
Post a Comment