iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Growth Sellers Taking a Break

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Today’s price action in FEYE SPLK TWTR WDAY YELP, after their endless selling for weeks on end, suggests that sellers are finally backing away and multi-day bounces could easily materialize.

We have the FOMC Meeting tomorrow afternoon, too, which has me flattening out inside 12631 again. I am nearly full cash here, trying not to get too chopped out in the price swings.

Natural gas and the precious metals miners still have my interest the most here on the long side today.

 

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2 comments

  1. Db6strings

    I have Splunk in my FireEye. May we please have ice cream Grandma Yellen like Uncle Bem used to give us.

    Seriously, Chess. Enjoy your daily videos. I should have heeded them. Thanks

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