Is the Canary chirping in the Coal Mine? Small-caps, $RUT, have been lagging the last two months and now look to potentially challenge the August lows. This entrancement to the down side would be bad for small-caps and the market in general. Join us as we break the action down in the Two Minute Drill!
Bearish Momentum Signals build in today’s action. We are seeing short S&P 500 (SPY) signal, as well as short QQQ. Now is not a time to catch falling knives!
There is something brewing, Staples (XLP) and Beer ($DJUSDB) stocks are leading the way.We look at BUD – Anheuser Busch, SAM – Boston Beer & TAP – Molson Coors.
Join the Tradespoon team as we pick through the trading ideas and trends in the market we are picking up with the Tradespoon Toolbox. Today we will look at tech heavy weights: Apple (AAPL), Amazon (AMZN), Facebook (FB), Google (GOOG) and Microsoft (MSFT).
We take two minutes to take a look at where the action will be this week.
Here’s the Tradespoon’s Two Minute Drill, where we break down the market and stocks that are on our Watch List – using Tradespoon Tools. Today we discussed: SPY – SPDR S&P 500, CI – Cigna Corporation, SWHC – Smith and Wesson Holding Corp, NTAP – NetApp Inc.
Tradespoon Tools make finding winning trades in minute as easy as 1-2-3.
Our simple 3 step approach has resulted in an average return of almost 20% per trade!