Stock Market Today : May 14th - 18th - Page 19

lol i duno if venom realizes this but... every stock at some point hits  xx.00

ECB STOPS MONETARY POLICY OPERATIONS TO SOME GREEK BANKS AS RECAPITALISATION NOT IN PLACE -CENBANK SOURCES

 

 

 

We're gonna get that power flush here.  I'm still short CMG (added more today) and V.  Both underwater trades looking to turn positive

nice stop volume on the 15min and a sick wick in the making, lets see how this candle closes

It's not if you watch an equity enough, and learn what the .00 prints tell you. Generally wrong to trade against them, better to trade with them.

Stop talking SENSE !    You are quite right of course, I was expecting a little red today and was suprised. My rationale was the 600 billion euros taken from Greek banks recently would cause unease.

 

As for gas... well i'm kicking myself for not shorting coal stocks ! Gas getting cheaper and cheaper (Overall trend not monthly/daily blips) more pressure to produce energy from waste... quite obvious Coal stocks would react and go lower.

Nice bounce so far but if you put in shorts from some of the highs today I think you will be ok lot of resistance now at those levels. Add in general fear from that headline I think the bulls have their work cut out I regain those levels today.

CNBC Breaking News:

 

ECB stops monetary policy operations to some Greek banks

I don't trust any of today's action so far... gold bounces 27 bucks, then sheds 18, now has bounce 9?? This is ridic. THought the 1333.50 pivot would be useful but it's more like a rag doll right now.

I was thinking about getting long S&P, was just waiting to see if they moved the 5 min POC back up, it was in low 1350s yesterday, snapped down to 1335 and I wanted to see it move up to 1337, didn't happen so I am still SOH. Should get a nice 25-30 handle move from 1330, seems like a coin flip as to which way we go.

Russell did not take out the day session low on that flash selloff.

Damn...Google is in full beast mode and Apple is slacking.

What in the hell is going on?!

Here comes the slow bleed down long buyers from earlier today will be looking for exits if they weren't stopped out.

AAPL weak all day.

Market standing on one good leg pressure is mounting that other leg is starting to buckle. Strap in folks!

 

CNBC now saying there are 2 headlines. One saying that the ECB has frozen assets, the other saying they're considering freezing assets. 

It may be helpful sometimes, but not a sound trading strategy.

But anything that makes you money over the long run, use it.

AAPL wants to drop below 550.

yea i think those w/ stop at 550 are going to be mighty upset.. maybe a flush to 548

Make sure those trend lines are THICK, SJE