SPY chart did a pull back on a huge rally we have been on since beginning of the year. Could this be the signal for the short term correction. SPY has confirmed and has made lower high and lower low. Don’t count out on the possibility of SPY rally back to test the 52 week high to make a double Continue reading
2/27/2013 LVS after a huge run up since January and now create a head and shoulder pattern on the weekly chart. With the January gap unfill and stock now currently trading under 10sma and 50sma on daily chart. Since I have shift my focus back to only watching 9 stocks things become much easier to track because I don’t have Continue reading
QQQ head and shoulder on the weekly been working out nicely. Now that I am shifting my focus to only 9 stocks on my watch list. QQQ is the weakest one out of 3 index. After a sell off last week and Monday we are getting a bounce back to retest the high. We have confirmation that a sell off Continue reading
One of the important aspect in trading is realized your own mistake early and try to improve from it. Every weekend I wake earlier and look through my account to see if I can made any improvement. One thing I’ve noticed is that bad habit keep repeating itself. As I was looking through my account I have traded 26 symbol Continue reading
Market sentiment has change since yesterday, the dip buyer no longer work and this is a sign of caution. Bulls are now getting tire and bear is gaining momentum. All the major index are starting to shift toward the downside and many major support has been broken. I don’t like to call top or bottom because I don’t give a Continue reading
Everyone have a goal but I think one of the most important goal in life is being financial freedom. Everyday, I dream of becoming financial freedom but dreaming vs acting on it is two different things. The first thing I search online about financial freedom a bunch of blog post shows up and tell me to have vision. I remembered Continue reading
Steps to start a Small Business Online or Offline 1. Figure out what you passion about and I’m pretty sure people who blog about this will tell you the same thing over and over. Yup the goal is to find something you enjoy doing and most of all make money while doing it. Find something you like to do or Continue reading
Here is a several charts that I’m keeping an eye on it. $C has been a great trade for me last week but coming to the new week we are short 1 day which is President’s Day and market is not open on Monday so yes you can sleep in. Market has been in tight range bouncing back and forth Continue reading
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