fb
X
X
Tired?
Unfocused?
Off your game?
Read our free, updated as of Mar 3, 2022, Dr K report on how to optimize your mind and body so you can boost your focus when trading the markets.
YES, SEND ME THE REPORT !
Meet Dr K !
Chris Kacher
  • Nuclear physicist
  • Stock & crypto market wizard
  • Blockchain builder
  • Bestselling author
  • Top 40 charted musician
  • Biohacker
  • Former computer hacker
YES, SEND ME THE FILE !
YES, SEND ME BOTH !
Your email will always remain private.

Market Lab Report - Premarket Pulse 5/27/15

Major averages fell yesterday on higher volume. The higher volume was easily achieved after the low volumes printed on Friday prior to the 3-day weekend, though volume was above average on the S&P 500 showing a degree of institutional selling. Both the S&P 500 and DJIA bounced off their respective 50-day moving averages, but both gave up on recent range breakout attempts by dropping back below their prior breakout points. In addition, the small-cap Russell 2000 Index gapped back below its 50-day moving average in a "risk-off" move.

With the major indices still trading sideways, unable to firmly break out, keeping stops tight in stocks is imperative. As we have said, keeping your profits as you baby-step your accounts higher is key to finishing the year up appreciably. This is not a grand slam home run market, unlike each of the years in the 1990s where two or three trades could make a massive difference in your account. But if you hit enough singles, you can finish the year up well ahead of any of the major averages. So keep stops tight and take profits when you have them in context with the stock(s) in question and the general market.

This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2024 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.
FOR OUR FREE MARKET LAB REPORT :
Copyright ©2024 MoKa Investors, LLC DBA Virtue of Selfish Investing.
All Rights Reserved.
privacy policy