#QQQ more power than #SPY

June 11, 2014 10:13 am / Published in QQQ, SPY
  For the first time in a while the QQQ has confirm more power to the upside than the SPY.    This means that the bulls, players in control, prefers the components of QQQ vs. SPY.       Attached is a screenshot of Thomson Reuters Eikon taken on Wed 6/11/2014 2:11 PM (GMT) :

Gains in AAPL and TSLA

May 19, 2014 1:21 pm / Published in AAPL, Market Update, QQQ, SPY, TSLA
On yesterday’s weekend video TSLA and APPL were setting up for a positive week and Monday gave me nice returns. Strong positive trading from the open. (You can find the video on MarioRandholm.com>Trading Room>Video Updates) TSLA got into the 195 resistance right from the open an now its holding that level to gain momentum. I am looking

Market Perfomance

May 16, 2014 7:40 pm / Published in DIA, Market Update, QQQ, SPY
The broad market declined today. The strongest decline was noted on the DJI (1.00% loss) while Russell 2000 lost only 0.66%. The Russell 2000 made a new fourteen-week low today. The S&P 500 saw its lowest close in one weeks today. The DJI is now at new one-week low. A volume of 2,205 million shares

SPY giving a little back

May 14, 2014 10:07 am / Published in QQQ, SPY
The market should to kiss the base of the triangle to gain more momentum.

Bullish on major Indexes: SPY & QQQ

May 13, 2014 3:02 pm / Published in * Trade Alert, Market Update, QQQ, SPY
We are still bullish and trading above the triangle read line. My systems did not take any long position yet. Holding trades for now.                               QQQ Positive, but I wont be surprise if we test the back of the red line

Taking Time off

April 4, 2014 5:05 pm / Published in * Trade Alert, Market Update, Nasdaq, QQQ, SPY
Taking some days off at all time highs.