Day Trading Radio Blog Alert - The 10 for 1000 Watch List for Week of June 13th

Published: Sun, 06/12/11

 
 

2011-06-12 23:06:23-04
The 10 for 1000 Watch List for Week of June 13th

Tonight watch list is late I am sorry. I felt this week ahead to be a very pivotal one, So i wanted to concentrate on the S&P and a broad selection of stocks and how they are set up to react with the markets. This is instead of a list of stock to be triggered based on technicals. There is a time in the markets where signal start getting crossed and indicators don't hold water. We are testing those areas now, The markets have been very organized up till June 1st then we saw a quick reversal. We dropped back down to an area where there are a multitude of support catalyst and we have Options expiration. And to top everything off there is a noticeable  disconnect between the $VIX and the $SPX (S&P 500). My gameplan is to cut back on shares drastically until charts plays out a bit more. Until the financials get back in favor in terms of price action I will scale back on positions. Tomorrow and Tuesday should be telling. 

 

You can View Watch List Here http://daytradingradio.com/10for1000




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