2014年9月17日星期三

09/17/2014 Daily Trading Routine

[General Market]
For big picture, market rally for a long time and get extreme bullish on early March this year. Since then there is correction on RUT and NASDAQ while SPY/DJ maintain well. Now we are stuck in a range, looks forming a complex top. A 20% kind of correction will likely to happen some time in future and welcome. If that happen I can re-invest in 401K.    
    For short term, we saw a V shape recovery with low breath and side-way move. Today buying and fade with fed rumor, see obvious divergence on Index and T2108. Let us see what will happen next.

[Anticipation List]
JMBA AMED LEAF ACET CRI VRNT TDG SIG PVH UTIW ACCO VRSN ROST LYB
B/o from yesterday Anticipation List
FOLD

[Good setups in last 5 days]
Good setups becomes rare
(1) b/o with news/catalyst, should be sold same day.
(2) PAHC


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