Stock Market Analysis & Trade Ideas for 8/1/12
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{+++} midday073112 from brian shannon on Vimeo.
It has been a wacky week for the markets with some major momentum names getting hit on earnings but macro news has kept the pattern of higher highs and higher lows intact in the $SPY The Russell 2000 $IWM was looking quite troublesome but movded back up through the 78.00 level with conviction. The video … Read More
{+++} WOW, never mind that suggestion to buy ZNGA tomorrow on strength, the stock reported earnings and is currently trading at 3.40! Earnings season remains the most treacherous time to hold overnight and buying stocks in anticipation of an earnings report is really gambling.