Mar
Solid Move Higher on Jobs Report
Posted by
The move higher benefited our last pieces on the Scan List. We added Chile ETF and the bank ETF today to the play list. These are both added with the view of an intermediate term hold. The NASDAQ hit a new closing high and the S&P 500 moved closer to 1150. Take what the market gives and keep your eyes on your goals.
With unemployment in check investors gained some confidence to put money to work. The news was better than expected as revisions were made to estimates based on the weather. I am working through the scan and watch list for opportunities. The key will be the strength of the breaks higher. Volume remains more on the weak side and thus making it a challenge to put more money to work.
- Bookmark :
- Digg
- del.icio.us
- Stumbleupon
- Redit it
Sorry, the comment form is closed at this time.
CHARTING BOOKS
FREE Workshops: 2011 Traders Expo Las Vegas November 16-19
ETF Strategies for Everyday Trading
Thursday, Nov 17th @ 10:15 - 11:00 am
Trading Tax-Deferred -
Maximizing The Benefits
Friday, Nov 18th @ 11:15 -12:00 am
Digging Into ETFs--Finding The Leaders
Saturday, Nov 19, 2011 | 8:00 am – 9:00 am
