[Capital Essence NewsDesk] Editor's Note: below are just some trading ideas flow from our latest Headlines.
- if "news is always worst at the bottom and best at the top", then [the recent trading action suggested that homies] might have reached a short-term tradable bottom
Despite the overall weakness, homebuilder added on the recent gains, rose about 4% this morning. As you can see, the iShares Dow Jones Homebuilder ETF (ITB) gained about +15% for 3 consecutive sessions immediately after profile in our "Exclusive Stock Pick" last weekend as a Buy candidate.
You see, be in the right sector at a right time is the key to success trading.
- The "cubes" printed another new high today though it seemed to us that the market might be getting ahead of itself, as evidence by the trading volume
QQQQ closed lower Wednesday, down -$0.38 for the day. The stock lost about -1% almost immediately followed our October 01: "market got ahead of itself" bearish comment.
You see, successful trading is all about the quack count. If the ducks align, we'll give you a ping in advance so that you'll have sufficient time to "hit 'em hard". When they don't, like the last 2 days, we'll also chime in so that you can take a day off and go play golf. It's so easy, even a 10 years old kid can do it.
Want more investing ideas? Check out Capital Essence's Newsletter Services - "best-of-web" technical analysis.
