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5/24 Premarket

May 24, 2017-9:08 am traderscott 6

Gold is still in the range between 1245-1265. It still is in a favorable time frame from the 5/9 lows. But the PMs in general have another time frame for a low later in June,...

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5/23 Comments

May 23, 2017-3:37 pm traderscott 2

The Euro  (60 minute) with the heaviest downside volume and the price spread, into a time frame which was mentioned a few days ago. GLYC has been a great trading stock today. I traded in...

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5/23 Premarket

May 23, 2017-9:10 am traderscott 0

The stock market tends to rally into Memorial Day, and the QQQ wants to rally back to the highs, and once again confuse the “crashtalkers”. I sold a QLD way too early, but these news-related selloffs...

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5/22 Comments

May 22, 2017-3:33 pm traderscott 0

Some comments from a recent post about crude oil: You’re right about the pundits. My original belief was a bounce in early May, with commodities in general. The $ selloff has helped the commodity rally....

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5/22 More Comments

May 22, 2017-9:27 am traderscott 0

SORL – some auto parts and Chinese auto parts stocks have been moving on news. This one has had a run, so a bigger reaction could be a setup. BIOC – received a patent. It backed up...

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5/22 Premarket

May 22, 2017-8:59 am traderscott 2

Keeping it simple. Stock indexes are just range trading, despite all of the emotional garbage (news) out there. The SPY and the IWM have both had springs and upthrusts throughout this range, but it’s still...

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5/19 Premarket

May 19, 2017-9:09 am traderscott 4

Kind of inside day stuff currently in markets. the SPY overall parameters. Gold still believe it has room for another couple of weeks, and the back up is helping. In the video, I talked about it...

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5/18 Comments

May 18, 2017-9:29 am traderscott 0

Be aware of the overall situation, but there are always opportunities, or at least watching and learning. I still do that. There aren’t good support areas in stock indexes until lower, but here is SPY....

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518 Premarket

May 18, 2017-8:59 am traderscott 10

In the premarket yesterday, the thing to watch was the for the big pick up in volume, which we did see, along with the close at the low, and Transports at another new low. So...

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