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9/28 Evening Comments

September 28, 2017-10:19 pm traderscott 1

These comments were left around 11 AM, with a bit of a recap of premarket comments and further explanation below: Few quick comments – premarket stock SKYS, what an excellent daytrader gap up play. I suck...

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9/28 Premarket

September 28, 2017-9:23 am traderscott 7

First for the bond market. From 12/1/2016 and 12/3/2016 as for perspective: “And as shown on the annotated chart, the first really big resistance area is a bit over 3% on the ten year yield,...

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Interesting Tidbits

Legal Weed May Be a Windfall for McDonald’s and Taco Bell

September 28, 2017-8:05 am Stevie 0

Bloomberg The munchies are driving up fast-food sales in states where marijuana is legal. Cannabis has been shown to increase users’ appetite, sending many customers of legalized dispensaries to fast-food chains, according to a new study by […]

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9/27 Afternoon Comments

September 27, 2017-5:44 pm traderscott 0

This is the comment I left today at 10:30 at the premarket:  Way too much trading today, will do more details later – bought/sold DRYS small gain DCIX play – sold MBRX loss at 2.55...

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9/27 Premarket

September 27, 2017-9:25 am traderscott 3

The USD spring low, with the automatic rally is continuing, closing in on the big resistance area of 94.30. From 9/11 – “Even with a rally back to around 94.30 there will likely be more...

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9/26 Afternoon Comments

September 26, 2017-5:31 pm traderscott 0

So today gold is down, and the $ is up, and the people who thought yesterday was a wonderful aberration are disappointed. Yesterday with gold and the $ both up was not an aberration at...

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9/26 Premarket

September 26, 2017-9:23 am traderscott 0

Of course the rear view mirror analysis around the internet is shock that gold could have rallied so much in the face of a strong US$. Obviously they don’t read these comments. Last week: “First...

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9/25 Intraday Comments

September 25, 2017-3:37 pm traderscott 3

Interesting story here about what we’ve been saying. At these price levels, AMZN is much more concerning than the beaten down retailers. We’re bullish on them into the great setups. Read the post I did...

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9/25 Premarket

September 25, 2017-9:23 am traderscott 0

There are a couple video lessons coming, here is one about continuity and context. These concepts are confusing, but important to developing a winning approach to markets. The USD intermediate bottom is continuing. On 8/29,...

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Continuity and Context

September 25, 2017-9:09 am traderscott 0

We’ll take a look at continuity and context with real examples with my own positions, like in DVAX. It is an example of something I don’t do often – buy and hold new gap up...

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