What did your trading strategy tell you to do about the news
that Steve Jobs was stepping down as CEO of Apple?
Buy the stock? Sell the stock? Wait to see what the market does
... then buy the stock? Or sell?
As Larry Connors wrote in his book,
Short Term Trading Strategies That Work: A Quantified Guide
to Trading Stocks and ETFs
- now available
You start trading a new strategy which has tested well
and it immediately starts losing money. What do you do?
The market has one of its worst months in years and you do too.
What do you do next month?
You start trading a new strategy and it immediately starts
making an abundance of money. Do you allocate more money?
You may think you are in the business of trading. But in
reality, you are in the businesss of decision making!
If you are looking for a way to do better in the business of
decision making when it comes to making money by trading stocks,
then take some time next week to join Larry Connors for a free
introduction to the Fall 2011 semester of the
TradingMarkets Swing Trading College
The Fall Semester of the
Swing Trading College
The 4 Keys to Understanding the Basics of Successful Swing
Managing Risk with Data and Protecting Your Portfolio with
Putting Together a Trading Business
And much more. Click the link below to learn everything you need
to know about the upcoming Fall semester with Larry Connors.
10 Weeks to Trading Mastery - The Fall 2011
Swing Trading College with Larry Connors, founder and CEO of
TradingMarkets.com and Connors Research
Among the companies scheduled to report quarterly earnings on
Friday are high-end retailer,
Tiffany & Co
) . Shares of TIF closed higher for three days in a row before
reversing lower on Thursday to finish back below its 200-day moving
Here are 7 Stocks You Need to Know for Friday
The major market indexes finished lower ahead of trading on
Friday as buyers crowded into the bank stocks. Closing higher and
nearing overbought territory below the 200-day moving average were
financial companies like
Wells Fargo & Company
Bank Of America Corp
) . Bank of America finished higher by more than 9% even as the
stock closed near session lows.
) gapped down at the open on Thursday, but trimmed losses to close
near session highs, pulling back by less than 1%. Read our story on
Steve Jobs and Apple
Among the stocks pulling back above the 200-day moving average
heading into Friday's trading are such widely-traded names as
Lululemon Athletica Inc.
Chipotle Mexican Grill
) . Neither stock is in technically oversold territory despite
Electronic Arts Inc
) was among the few stocks to gain ground out of the Nasdaq 100.
Thursday marked the stock's fourth consecutive higher close and its
highest finish in 10 days. ERTS is set to open Friday morning in
overbought territory above the 200-day moving average.
7 Stocks You Need to Know
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7 Stocks You Need to Know
is Editor in Chief of TradingMarkets.com