Market Direction Portfolio Trade Alert – May 13 2014

The NASDAQ continues to look like it wants to try to recover here. A lot of stocks simply were hammered and bargain hunters are picking up some of what they perceive as “possible deals”. This helped yesterday but today I would expect some weakness after a push higher yesterday of 71.99 points.

As explained in my market direction outlook last night and this morning’s strategy investing notes I expected a bit of weakness this morning and then a move higher. That move higher may not necessarily occur today but overall I think the NASDAQ wants to push back and there are various clues.

Market Direction Portfolio Trade Alert

This article explains in detail the trade done today and stop-loss settings based on last night’s market direction outlook and this morning’s strategy notes.

This is a market direction portfolio trade alert and full outline for FullyInformed US Members for this morning.  Members can can login directly through this link to read this market direction strategy outline.. Members can also sign in to the full members site here. Non-members can join here or read the benefits of being a member.

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