Tag: amgn

Pullback or Rollover

I don’t know the answer, but will keep an eye on certain levels in the major indices and manage risk to trade another day. Everyone, including the bulls, have been calling for a pullback and it’s healthy to have pullbacks. Problem is that if you don’t know the difference between a pullback or trend reversal

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You Want Fries With That Chop?

Chop, chop, chop and not much else today as the markets moved up and down and ending flat for the most part. Take a look at the breadth of the NYSE and you can see that there really was no clear direction today. However, the volume did pick up; it just didn’t move anything really.

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