Browse Articles by Deron Wagner
The following details our personal trading rules for handling these tricky situations that occur when a stock has a gap opening.
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Stocks showed a bit of optimism ahead of today's Fed announcement on economic policy, although turnover fell below average levels.
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The iShares Silver Trust is setting up for a low-risk entry point...
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Watching for Further Market Weakness
Deron Wagner - January 29, 2007
Be prepared for a lot of volatility in the last several days of the month, and remember to trade what you see, not what you think!
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Given the whipsaw market we are experiencing, what is a disciplined, professional trader or investor supposed to do?
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After gapping firmly higher on yesterday's open, stocks trended steadily higher throughout the rest of the session before closing at their intraday highs.
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The BBH is pulling back and offering a potential long entry.
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Former leaders like Apple, which has shed 10% in the past four sessions, have started to come unglued.
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Expect any rally attempt into the prior high of 2,470 to be met with selling pressure from traders who became trapped in the recent failed breakout.
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SOX Leads Market Decline
Deron Wagner - January 19, 2007
The Nasdaq Composite gapped down on the open, trended steadily lower throughout the day, then finished near its intraday low and with a 1.5% loss.
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