Dave Landry
01-26-2011, 10:53 AM
Random Thoughts:
I'm encouraged that the indices bounced back from their earlier slide. Ideally though, I'd like to see some acceleration higher. Gold, Silver, Selected other Metals, Airlines, and a few other areas have recently rolled over.
Lately, there's been a few debacle de jours and some sector rotation going on. Overall though, most sectors remain in uptrends like the market itself.
Continue to look to get long but as usual, honor your stops and wait for entries.
Futures are firm pre-market.
Click here to watch today's Market in a Minute. (http://www.tradingcommentary.com/mim/mim012611.html)
Best of luck with your trading today!
Dave
__________
Expert swing trader Dave Landry comments on the charts for the major markets, indexes and sectors for the upcoming trading day in his daily one-minute video.
Make sure your sound is turned up. A new browser window will open and the video will begin playing within a few seconds.
Click here to watch today's Market in a Minute. (http://www.tradingcommentary.com/mim/mim012611.html)
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You can contact Dave Landry by email at dave@davelandry.com or visit his website DaveLandry.com (www.DaveLandry.com).
I'm encouraged that the indices bounced back from their earlier slide. Ideally though, I'd like to see some acceleration higher. Gold, Silver, Selected other Metals, Airlines, and a few other areas have recently rolled over.
Lately, there's been a few debacle de jours and some sector rotation going on. Overall though, most sectors remain in uptrends like the market itself.
Continue to look to get long but as usual, honor your stops and wait for entries.
Futures are firm pre-market.
Click here to watch today's Market in a Minute. (http://www.tradingcommentary.com/mim/mim012611.html)
Best of luck with your trading today!
Dave
__________
Expert swing trader Dave Landry comments on the charts for the major markets, indexes and sectors for the upcoming trading day in his daily one-minute video.
Make sure your sound is turned up. A new browser window will open and the video will begin playing within a few seconds.
Click here to watch today's Market in a Minute. (http://www.tradingcommentary.com/mim/mim012611.html)
http://www.stock-monkey.com/ads/davelandry/marketinaminute.gif (http://www.tradingcommentary.com/mim/mim012611.html)
You can contact Dave Landry by email at dave@davelandry.com or visit his website DaveLandry.com (www.DaveLandry.com).