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Market Traction Update September 21st – Update 1
Hello All, Let’s run through it… IBM powered right through the 200 SMA and has made another new recent high today. It’s up nearly $5.00 since it was officially spotted and finally moved past our resistance level. NBL hung in there and didn’t close below the $30.04 level but we still wouldn’t give it too much rope…
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Market Traction Update September 20th – Update 1
Hello All, We’ll get started with last week’s bull names that made an effort and thus we’re still covering them. IBM made it’s way above our trigger price of $147.66 last week and has finally reached it’s 200 SMA which was a target for us. That level is the high of today thus far, $150.36. Conservative…
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Market Traction Webinar Replay September 19th
Hello! Here is a link to today’s webinar. Please advance to the 13:37 mark as some viewers had audio issues and we restarted the commentary as a result. Our apologies. https://recordings.join.me/R70dzABIF06Qj_zalJFKvg We plan to update on this week’s names and others and re-scan for more ideas. The major indices were mixed and largely unchanged leaving…
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Market Traction Update September 17th
The market is trying to absorb the new tariff information and what it could mean for a longer trade war. The NASDAQ stocks seem to be taking the brunt of most of the news. Dow Jones Industrials and the SPX are down slightly and seem to be taking the news in stride. For the ideas…
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Market Traction Update September 12th – Update 1
Hello All, We played the Waiting Game and we lost! The hurricane now seems to be heading more directly towards us and may linger longer than was expected. All our prep will hopefully pay off in protecting our home. Now we turn to evacuation in a few hours. This could be the last update for…
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Market Traction Newsletter September 11th
Click below for the newsletter: Market Traction Newsletter for Sept 11 Hurricane Edition
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Market Traction Webinar Replay September 5th
https://recordings.join.me/ei7U06BMI0GmajY1201OGw
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Market Traction Update August 30th – Update 1
Hello! Bullish mention from last week, LITE, has now made it to Target Level 3 so we had to add one! We can’t know if anyone is still riding LITE but in case that’s the case, the next level up is identified below: The markets are pulling back a little so far this morning, which…
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Market Traction Webinar Replay August 29th
https://recordings.join.me/4bqROFaM4kifCqOXr6f7AQ
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Market Traction Update August 28th – Update 2
Hello All! Quick update. We noted that the markets were overbought earlier and they’ve pulled back. Just wanted to provide y’all with a visual: After rallying for a while and quite a bit, if something’s worked it could be time to roll or close. If it hasn’t, then sticking around in something that’s failed to…