BKHM has turned a little too volatile so this has been sold at breakeven. TRDO undercut the lows of two days ago (the small doji) and this looks a good place to take profits. With the market set for a decline it is better to take money off the table. The TRDO trade closed for a $3,890 profit. If you would like to get these trade signals direct to your email address in real time follow this link If you would like to get the stock pick newsletter follow this link

This stock was available for review on my website for today . I like the way bulls are continuing to apply pressure to $9.50. It should pop soon. If you would like to get these trade signals direct to your email address in real time follow this link If you would like to get the stock pick newsletter follow this link

Looks like we will have to wait a little longer on this. But strong gains in the remaining 4 stocks help alleviate the pain. If you would like to get these trade signals direct to your email address follow this link If you would like to get the newsletter which features these stocks and others follow this link

Big follow through in tech with lingering resistance in large caps (see 15-min chart). Looks much better for the bulls as each point of resistance is stripped away. As of 2:45 pm the tech markets sit right on the shorting zone of the bearish 'three black crow' sequence which started the October breakdown. In the case of the NASDAQ, but not the NASDAQ 100, this also coincides with channel resistance. For the NASDAQ 100, only the 'three black crow' line is in effect.

After the usual excess run (up) on the Fed announcement we are now seeing the true colors of traders as they short the gain. See 15-min charts of NASDAQ and DOW

For those who bought in again, it got a nice pop today. Nice move in the markets in general. I will be watching the DOW into the close; can it hold the break of 2-month+ declining resistance? End-of-day volume will also be important. If you would like to get my trade signals for stocks featured in this blog, direct to your email address, follow this link If you would like to get a newsletter featuring the stocks from which my trade signals are drawn, follow this link

AIC to be added to Marketocracy portfolio. This was a Gold Member oversold play for October 13th - newsletter subscription needed to view link . The current retracement looks to be a confirmation move of the October 12th bullish hammer. The success of this trade will depend on $5.75 support holding.