Trucharts.com midday update Stock Markets
We stated that the markets will be meandering within a range here. We saw a breakout yesterday and we need to see follow through. FOMC minutes were released today and that is affecting the markets. See article below.
Best Stock Charts and Scans - TruCharts.com -
Our AEM short is still looking good. We are long YELP - but we had written covered calls on that position - it is down - but we will hold till December. Still short IBB and biotech.
Looking to short LUV and airline stocks.
Our pick Z and TRLA from the weekend blog did well these past two days - check the charts on our site.
www.trucharts.com/stockview.aspx?TICK=Z
www.trucharts.com/stockview.aspx?TICK=TRLA
http://www.zerohedge.com/news/2014-11-19/fomc-minutes-show-deflation-wary-fed-not-worried-about-global-growth
TruCHARTS team
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