Morning all Traders,
Trust you are ready for more bullish world leads today, which of course you may realize for
many these are the hardest days to trade. Taking yesterday as an example, the lead was so strong
on an international and domestic front that pretty much most stocks jumped at open, some up to 10%.
This then becomes time for many existing holders to exit, leaving those that bought on open sitting in a
stock which is going down in value.
Its only a select few stocks that then get the second wave of buying that can go on to make gains.
Then of course you have the new owners who having seen the stock go down on buying, now want out
at break even or small gain so they are the next round of sellers. It can be a zero sum game, with
just too many stocks to watch. May be similar today, so look for some news or other new factor
to run a few stocks with a bit more conviction.
Fun though isn't it!!?
Good fortune today traders.
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- Morning Traders Tuesday 12 th July
Morning Traders Tuesday 12 th July
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