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With today’s drop in the Dow and S&P 500 (the NASDAQ is enjoying its own little party) there are plenty of stocks with great swing trade setups. One that looks particularly interesting is Flexion Therapeutics ($FLXN). $FLXN has been in a steady upward trend even since the market bottomed in late March. In fact, it’s […]
Another day, another big move on the Dow 30. So with the broad markets going to “infinity and beyond”, where does it go now? Before we get to that, lets see where we stand at this point. With today’s strong move, the Dow has now broken resistance established in late 2019. We talked about the […]
We had a monster day in the market today. The Dow 30 broke resistance and is testing its 200 Period Moving Average. The S&P 500 has easily cleared its potential resistance. And the NASDAQ is testing ALL TIME HIGHS! So where did the fear in the market go? Many traders measure fear by looking to […]
All of the major indexes posted decent gains today, with the Dow Jones Industrial Average leading the way with a gain of over 1%. Yet the Dow sits at an interesting level. There are various factors that could impede its progress. But here’s why it should reach 2700 in the coming days. The Dow Index […]
While there are an overwhelming number of technical indicators, It’s important to remember that almost all of them can be put into one of two categories; leading vs. lagging indicators. Lagging Indicators Lagging technical indicators get their name due to the fact that they trail, or lag, price. This usually because they are meant to […]