2014年12月19日星期五

12/19/2014 Daily Trading Routine

[General Market]
Last major bull move is from Nov 2012 to Mar 2014. It is a long rally and market stay in extreme bullish for extended time with shadow correction then recover. From Mar 2014, we are in a range market, especially true for small cap but big cap still make marginal new high. Market never correct too much and can not rally too much, 1 or 2 month move on either side. 
    After six 300+ down days, market rally strong with follow through with catalyst of Fed minutes to keep low rate verbally. In 2 days, market revert from over-sold to over-bought, today another 300 day but with index move slower, next few days rally tend to slow down if continue.

[Anticipation List]
Rest: STRP ATNI STC ARCB CBM OMCL DHX MATX SIX MAR WFM

[Good Swing Setups in past 5 days]
Lot of 8%+ move, but most of them TI65<5, good setups are:
MGNX RCPT IL NLNK INFN QTWO EGHT CSGP UIS SMCI OMG GLW TXT RATE

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