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Stock Market Indicators, Index Trading

3 Thoughts

1.) DO breaking the fuck out

2.) Utilities as a sector looks overbought

3.) MRK’s 5yr appreciation <~1%, but provided they can close above 59.xx, they will have bridged a “Grand Canyon” sized cup-and-handle.

Odd, no?

UPDATE: Long MRK Dec 60 calls at $.80

2 Responses to “3 Thoughts”

  1. JakeGint Says:

    Just goes to show you, always buy the “retest” of the lows…

    Take a look at the ten year chart on a monthly basis… interesting, no?

  2. Danny Says:

    very

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