Today was a true selling day in the stock market coming on the heels of some suspect price action over the last couple weeks. It appears that for now, the easier money may be made by day traders who focus on shorting opportunities. Keep in mind, this can all change on a dime, and it is always good to pay attention to the tape during the trading day.
Later this week we have an all important employment report, which could put the market back on firmer footing. However, a weak report will likely lead to significantly more selling pressure.
Stay tuned!
www.bestdaytradingstocks.com
Tuesday, March 6, 2012
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