Momentum-Trader

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Website: http://www.momentum-trader.com

Momentum Trader Report: 10/04/10
Posted by on October 5th, 2010 at 12:02 am, Comments: 0

The market pulled back on lower volume today, as seen here in the NASDAQ. This is no reason to turn bearish yet. Stocks have been on an amazing run, and the leaders really need some rest. So some consolidation here on lighter volume would be good here.

No triggers today, and although my portfolio was down, [...]

Momentum Trader Report: 09/13/10
Posted by on September 13th, 2010 at 11:52 pm, Comments: 0

A nice move in stocks today as the indexes gapped up. The NASDAQ gapped up above its triangle pattern and closed above the 200-Day MA. Very bullish, but the recent run is a bit steep and the market could use some rest.

I had 4 triggers today, and 1 other that came very close. The best [...]

Momentum Trader Report: 05/31/10
Posted by on May 31st, 2010 at 9:44 pm, Comments: 0

 May is now behind us, and not a good month for the market. Funny how the market works. April was a dream market for momentum trading, and May was a nightmare.I was fortunate to go into cash on May 4, and have only been nibbling on stocks for most of …


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