CHOPPY DAY TODAY FOR STOCKS
Today was a typical trading day following a trend day down. When we have a trading session like yesterday where the market trends in one direction all day long from open to close, the next day is usually choppy.. Today the market moved lower off the open taking out yesterday's lows but then reversed with the brokers leading the way up ( GS, BSC)..The market chopped around most of the afternoon but did manage to close near the highs of the day..Not much really happened today.
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3 comments:
Looking for an entry point to buy BNI calls, any thoughts?
Wow, I have a lot to learn about the stock market in general I guess. :)
Hey man, stop by my blog sometime and tell me what you think!
Getting Rich Blog
Actually, I am a little bearish on transportation stocks..I think there is better stuff out there to buy..Buy the stocks that are starting to show relative strength like oil and steel...IF crude oil goes up, tranports will most likely go down or sideways..This is just my opinion...nobody knows for sure what's going to happen so follow your gut..
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