Posts Tagged ‘NTCT’

• Momentum Book Update
  Posted by Leigh Drogen on March 12th, 2010 at 4:24 pm, Comments: 0

  Dude, where’s my volatility… The market took the express train past the rally highs this week and provided yet another round of excellent swing trading to the long side.  While everyone was buying puts and inverse ETFs to protect profits from an organized pullback, the market marched higher, stopping them out one after another.  Are [...]

• Market Update
  Posted by Leigh Drogen on March 5th, 2010 at 12:15 pm, Comments: 0

  I’ve been rather lazy about giving short market updates lately, I’ve got a ton of other stuff going on so the videos at night have been better for my schedule.  As well, you haven’t seen any charts here, mostly because they are all on Chart.ly, make sure to be checking in there on a daily basis [...]

• Momentum Book Update
  Posted by Leigh Drogen on February 20th, 2010 at 4:54 pm, Comments: 0

  The market is one again trading above rising 20 and 50 day moving averages, a huge feat.  I had expected serious resistance up around the 20 day moving average which we blew through in short order.  Consolidation of this move is still warranted as we are in overbought territory short term.  The $SPY stochastics are reading [...]

• Momentum Book Update
  Posted by Leigh Drogen on February 13th, 2010 at 5:59 pm, Comments: 0

  It was a frustrating week for the bears.  Several times it seemed as if all it would take to tip us over the edge was a hand full of sell programs.  After the major hammer from last Friday it seems that the bears have run out of ammo for now.  On the swing time frames, [...]

• Momentum Book Update
  Posted by Leigh Drogen on February 6th, 2010 at 10:10 am, Comments: 0

  Wow, if Friday didn’t get your heart racing then you shouldn’t be a trader, that was a lot of fun.  We may have seen an intermediate term bottom put in yesterday as the big boys bought materials in size going into the close.  Let’s start with Monday though when it seemed we may have escaped [...]