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Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
Let’s Start With The Economy
Dow Up Over 100 Points
Nasdaq And SP Up Just Few Points ??
One Stock In Dow Jones Had Strong News
Merck Announced Skin Cancer Treatment
Made It Look Like Entire Market Was Moving Up
Unfortunately, rally was limited to Down Jones
Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
The Fundamentals
Today 2 Reports Came Out
Factory Activity Is Decreasing
Manufacturing Down - Lowest Since Last June
Investors Still Very Concerned About 85 Billion Month
Bond Buying Program
Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
Market Sentiment
More Stocks Closed Down Today
More Stocks Are Turning Bearish
Funds Are Beginning To Lose Confidence In This Rally
Sentiment Is More Bullish Than Last Week
Start Seeing Higher Openings And Lower Closings
Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
Big Reports This Week
Friday – Non Farm Payroll
Wednesday – Beige Book Economic Conditions
Friday’s Numbers Are Most Important
Everyone On Wall street Is Waiting For Friday’s Report
Market May Move In Anticipation Of Report
Starting Thursday Morning
Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
Will SP Hit Resistance Level Again?
Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
Closed Out Winning Position
Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
Current Positions – PFE Stock
Stock Rallied Today Due To Merck
Keep Buy Limit Order At $27.00
Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
Current Positions – MGA
Maintain Open Position Till Further Notice
Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
No New Positions Today
Stock Market Too Choppy
Stocks Don’t Have Clear Direction
Will Consider Range Bound Patterns If This Activity
Continues Over Next Several Days
Never Trade For The Sake Of Trading
Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.

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Best day trading strategies

  • 1. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  • 2. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved. Let’s Start With The Economy Dow Up Over 100 Points Nasdaq And SP Up Just Few Points ?? One Stock In Dow Jones Had Strong News Merck Announced Skin Cancer Treatment Made It Look Like Entire Market Was Moving Up Unfortunately, rally was limited to Down Jones
  • 3. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved. The Fundamentals Today 2 Reports Came Out Factory Activity Is Decreasing Manufacturing Down - Lowest Since Last June Investors Still Very Concerned About 85 Billion Month Bond Buying Program
  • 4. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved. Market Sentiment More Stocks Closed Down Today More Stocks Are Turning Bearish Funds Are Beginning To Lose Confidence In This Rally Sentiment Is More Bullish Than Last Week Start Seeing Higher Openings And Lower Closings
  • 5. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved. Big Reports This Week Friday – Non Farm Payroll Wednesday – Beige Book Economic Conditions Friday’s Numbers Are Most Important Everyone On Wall street Is Waiting For Friday’s Report Market May Move In Anticipation Of Report Starting Thursday Morning
  • 6. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved. Will SP Hit Resistance Level Again?
  • 7. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved. Closed Out Winning Position
  • 8. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved. Current Positions – PFE Stock Stock Rallied Today Due To Merck Keep Buy Limit Order At $27.00
  • 9. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved. Current Positions – MGA Maintain Open Position Till Further Notice
  • 10. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved. No New Positions Today Stock Market Too Choppy Stocks Don’t Have Clear Direction Will Consider Range Bound Patterns If This Activity Continues Over Next Several Days Never Trade For The Sake Of Trading
  • 11. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.