Stock Market Review

Kunal
Desai
August 26, 2012
How to trade stocksbows-opengraphTrading-Watch-List

Hey folks! hope everyone is having a great weekend.  Flat week in the markets after an initial upthrust the market pulled back pretty much all week.  This made it a tricky trader on stocks for me this past week.  I made pretty much all my money on monday and friday and the rest of the week got nothing accomplished finishing flat or red.  that can happen sometimes as the market on flat days right under big resistance levels can have fakeouts.  Today is a big week we have a Fed Meeting where investors are waiting in anticipation of some type of policy action (not sure we get it but that's just a guess).  Expect a few fakeouts to both directions but as usual these type of thing have more initial sizzle then bite once news comes out.

 

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