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Market Wrap for June 12, 2017 (video)

This video provides an overview of the recent price action in several key sectors & indices as well as some key technical levels and developments to watch for going forward. As the broad market has been grinding around in a sideways to slightly higher range in recent months, most of my analysis has been focused [...]

Jun 12, 2017 6:33pm|Categories: Equity Market Analysis|Tags: , , , , , , , , , , , , |0 Comments

WFC Stopped Out For a 4.2% Loss, Still Looks Good

WFC (Wells Fargo & Co.) closed at 53.22 on Nov 14th above the suggested stop for a loss of 4.2% on the trade. With the stock failing at the T1 level (now resistance) from the previous short trade back in 2015 which went on to hit the final target for a 14.2% profit coupled with [...]

Nov 22, 2016 8:50pm|Categories: Completed Trades - Short|Tags: |Comments Off on WFC Stopped Out For a 4.2% Loss, Still Looks Good