Momentum Trading
Coming back from vacation is hard for any worker, but especially difficult for those who follow the market.
I spent my last vacation deep in the woods with no radio or other form of outside communication, but had to be prepared for trading the Monday I came back to the office. I had no idea whether the market was down to 1200 or up to 2000.| Thursday, Microsoft Shows Only a Modest Gap Up |
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| On Friday, Mister Softee Gaps Down |
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| While on Monday, Buying Develops Slowly |
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,419.86 | 1,313.32 | 2,837.36 | 16.25 |
Oil *
103.00
|
|
DOWN
160.83 |
DOWN
19.10 |
DOWN
33.63 |
DOWN
1.06 |
10 Yr
1.62%
SPDR Gold
151.91
|
|
-1.28%
|
-1.43%
|
-1.17%
|
-6.12%
|
Data delayed 20 minutes |


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