Quantcast

Welcome to Day Trading Radio

Login here to get started

Are you new to the site? You can try out a free, two-week trial to see if Day Trading Radio is the right fit for you.

Get Started

To start your free trial, simply click here! And remember, you will not be billed for the first two weeks.

Member Login

Lost your password?

Premium Membership Benefits

  • See our charts as we perform technical analysis.
  • Hear Live Trading Set ups
  • Ask questions and interact with top traders
  • Unlimited access 7 days a week 24 hours a day
  • Breaking News Announced on site

Day Trader Radio

Focus list and market update for Thursday May 31st

daytraderockstar post

posted by daytraderockstar

May 30, 2012 11:53 pm

As I write this the S&P futures are chopping between 1306 and 1309 basically flat on the session, Europe opens at 3am est and that's we will probably get our first clue to market direction tomorrow. News out of Europe continues to be the catalyst, and I would expect all eyes shift to the jobs report on Friday. Daily charts are still holding onto there short  relief rally attempt, But we could see a break down one last time before a move back up. I cover a nice selection of stocks both short set ups and long. Will be adding $LULU to the short list soon and $AMAT could be setting up for a move back up. Those  of 2 of the 12 outlined for tomorrow. Members can view video under the view more link.

Radar has to call for Caution as no real signal is given and the near term news factors keep the market on edge. For shot on a market call here..Fridays numbers if bad will give the market the expected drop, but very short lived and a reversal will ensue. As for tomorrow watch the news and trade light.

 

Thanks

DTRS

You can view the video here http://youtu.be/qen81bTDMM8

DayTraderRockStar