This blog will effectively analyze daily stock market trend analysis, market timing and the proper selection of the best stock/future/forex/commodity picks to maximize profit potential.


Friday, October 29, 2010

Weekend Wrap Up
















Another great week as we caught plenty of trades and banked some nice coin. Congratulations to our software subscribers on an excellent week as well. Our inbox has been flooded with emails showcasing your winning trades and thoughts of gratitude. Thank you for all your kind words as we are here to share our success with you. We truly want to take our traders to the next level of their trading and we are humbled by your success with our software. We have spent many years and a lot of money developing our product. Our direct Wall Street experience is what separates us from the rest of the pack and we try to show example after example as we stay busy consulting our institutional clients, funds and money managers. Regardless, if you are not part of the Rampage Trading team, we hope you are experiencing the financial success we are and improving upon your trading P&L week after week. This market has given so many opportunities to catch some enormous profits and we hope you are.

Next week looks to be quite volatile and our chart is still on a buy and every dip should be bought unless we break the SPY 117.75 level. U.S. stocks ended on a flat note on Friday, wrapping up another strong month driven by expectations the Federal Reserve will flood the economy with cash next week. Investors kept trading to a minimum this week in anticipation of next Wednesday's announcement. Activity the last several weeks has been heavily influenced by hopes for a large round of asset buying. Investors are betting on volatility to rise after Wednesday's announcement and have been hedging against unexpected outcomes from the Fed meeting, as well as Tuesday's midterm elections. The CBOE Volatility Index (VIX) climbed about 13 percent this week, even as stocks rose marginally. The Dow Jones industrial average added 4.54 points, to 11,118. The Standard & Poor's 500 Index shed just 0.52 of a point, to 1,183. The Nasdaq Composite Index edged up just 0.04 point, percent, to 2,507.

3 comments:

  1. One of my best months...ever. Tom

    ReplyDelete
  2. Your swing charts nail these moves. Thanks rampage.

    ReplyDelete

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