June 1, 2006 Stock Market Recap

I sure didn’t see this impressive bounce coming after Tuesday’s action. (I’m glad I waited for confirmation on all those ‘obvious’ short setups.) The bulls came roaring back the last two days and have actually been able to push the market above last Friday’s highs. So all of a sudden the market’s looking a lot [...]

Watchlist for June 1, 2006

The futures managed to rise into positive territory after the 8:30 economic numbers. I’m doubtful that the market will do much today ahead of tomorrow’s jobs report but, like they say in the sports world, that’s why we play the games. I’m content to sit in cash as long as trading is inside of yesterday’s [...]