I have a hard time believing that we will see any type of meaningful moves from now until this afternoon when all of the Fed activities hit the tape. Treasuries are struggling at the moment, still stick in no man’s land between a potential double-bottom (still in a major downtrend, though!) and overhead levels to clear.
Adobe is popping after earnings, but I would be a seller into it. As far as momentum leaders, FB and YELP look to be outperforming today, while LNKD NFLX TSLA are cooling off.
Apart from that, I am looking at a few potential quick daytrade ideas with @RaginCajun inside 12631.
What are you trading this morning?
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Either GMCR or the two cups of coffee I had this morning have me on the edge of my seat.
Where’d you get the coffee from?
corporate coffee, I hear they add crack to it on the 6th floor, so I drink theirs
Haha do they have a Keurig?
No, I call it corporate coffee because it has the water line hooked up to the machine and gets re-upped like every hour with a fresh pot
tastes pretty nasty too
Picked up AAPL the other day when it crossed 450 (the tradebots like whole numbers on this stock).
But sold at around 463 this am.
Sold it, not because I know what I am doing, but because we have to fly to Denver for a wedding tomorrow in Boulder.
Good trade!