Evening Market Video - $SHLD $TLT $SPY $QQQ $VIX $VXX $HD $DIS $AAPL $GOOGL $AMZN
Earlier this year I continued to note how $X U.S. Steel was setting up for a potential sharp move to the upside. I stated that, upon breaking long term trendline resistance, the stock could be the trade of 2014.
Here are three of my $X charts posted before the stock started its recent rally.
http://stks.co/g0mnP http://stks.co/s0Cwb http://stks.co/j0TyA
Stock futures are higher to start the week. The pundits who were busy shorting the market are either noticeably quiet this morning or filling their twitter stream with mindless banter. Don't worry they'll be back soon whining about how low the VIX is and how terrible it is for the market.... and when they go all in short again, in Klingon Darsek terms or the Andorian Oobitz , and the market drops .5%, they will be trumpeting to the heavens.