$MTL Headed for $30?
Mechel OAO ($MTL), the Russian steel company, has been gearing up for a breakout for over a month. Now that a bullish breakout has occurred, traders may begin to jump on the bandwagon. Here are my reasons to like this stock..
Decision Time for $XLF
The S&P Financial SPDR ETF ($XLF) has traded within a well-defined range the last three months and has now reached a decision point in the chart – up or down? Let’s take a look at the levels I’ll be watching for significant price action.
5 Stocks to Watch
With the market clearly trending lower and stuck in the August trading rut, I’ve decided to open up my watch list for today’s trading to give you a list of stocks to keep an eye on for potential movement ahead. Plus, I have exciting news at the bottom of the post! Take a look..
The Book has Arrived!
I received the first copy of my book Secrets of a Pivot Boss today and it looks amazing! First class quality from top to bottom!
Action Levels for the ES for 8/28
Given recent strength off the 1,040 level and the current outside reversal pattern, we could be looking at bullish days ahead for the E-Mini S&P 500 futures contract. Here’s what I’ll be watching today.