Due to the shutdown and debt ceiling issue, the markets have been in a mess. I just go long and short on a watchlist of 5/6 tickers that I have.
I am not much into FNMA lately - 1.03 oversold bounce - was reset - so moving easy - That's all there is to it IMO - Nothing has substantially changed on the DD side - It will fizz out if something doesn't happen on the story side soon IMO - BBs are expanding, so it could move 'more' in the coming days - Getting knocked down by the upper BB for a while - MFI shows that it could have gone much higher by now, only if they 'thinned' it out - Volume, although better than a while back, isn't as good as it used to be in the glory days of May, ha ha.
My List - HALO - XOMA - FB - TSLA - GRPN - HIMX - All bullish - Knocked down by the markets - Would reverse at some point with the index - I stay cash nowadays, day trade only - Usually I would swing trade (long) and day trade (short) on the same ticker - I am online (for trading) about 10 to 15 hours every week - Wish I had more time for this - Am sitting on a bunch of contracts and its a pain to find people here - Offering higher rates / overtime but you just can't find enough people here, lol.
All my iHub posts are just my opinion. It is not a recommendation to buy or sell a stock. Due to possible human error, I can not guarantee the accuracy of the posted information. Do your own Due Diligence before investing.
