Hello! It’s a news-driven market and news can both help and hurt you.  Things were really brightening during much of today’s trading action and then this: https://www.marketwatch.com/story/dow-books-worst-one-day-skid-in-about-a-week-as-financials-slump-trump-questions-feds-rate-hikes-2018-07-19?mod=newsviewer_click So…here’s how we ended up: We’ll have to see if the market has already forgotten about this by the morning or if other news is driving stocks.  Stay…

Hello! We’ve been searching for more names but with each weak opening we’ve seen this week ending on a bullish note, we’re wondering if we’re not on the cusp of good stuff with our already published bullish names from this week. The official bullish idea, TOL, got knocked down even before we could discuss it…

Hello! In our planned search for mainly bearish names this afternoon, we tried to uncover stocks with lower risk and yet some respectable reward to potential.  CSCO arose as a candidate that may be worth looking at if the markets remain under pressure.  Here’s the chart: To go with the technical issues, we have low…

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Hello! Hope everyone enjoyed the holiday and weekend!  Wall St. certainly did and seemingly wants to continue to do so! As we noted last week, the Wall St. operators typically try to make sure that stocks perform well around holidays.  We also mentioned that the news cycle, with Q2 GDP being booked and earnings due…

With the holiday and market action early in the week…we decided to analyze ideas after the holiday vs potential news driven events that could move the entire market. We had to use a back up version of the webinar replay because of audio issues and we apologize if there were any audio problems. http://tractiontech.com/market-traction-july5.mp4 Thanks,…

Given Friday’s futures levitation and subsequent fizzle, seemingly, all it took were a few more trade jitters in the wake of technical failure for the market to give way.  We’ve learned that much of the recent manic move higher by the sectors that were working, that we discussed in our webinar, may have been due…