LBRMarket Commentary

images (27)

Opening Play for Wednesday 10/22

Oct 21, 2014 | Opening Play

Good Morning! An opening gap UP above the previous day’s high led to a torrid short covering rally and influx of new funds. After a trend day UP, expect a consolidation morning m...
Read full article


Opening Play for Tuesday 10/21

Oct 20, 2014 | Opening Play

Good Morning! SPs made a Sell Short day lows made first with an opening gap down.  The test of the upside breakout level from Friday held and the market proceeded to rotate around the...
Read full article


Opening Play for Monday 10/20

Oct 17, 2014 | Opening Play

Commentary: Good Morning Traders! Options expiration helped to keep a bid under big cap blue chips with expiring puts. The small cap shares retreated though, after getting a bit ahead ...
Read full article


Opening Play for Friday 10/17

Oct 16, 2014 | Opening Play

Good Morning Traders! The SPs filled out range on the 120 minute time frame, consolidating the recent damage done.   An early morning test of the previous day’s low put in a dou...
Read full article

download (2)

Opening Play for Thursday 10/16

Oct 15, 2014 | Opening Play

Good morning Traders! The most common formation after extreme volatility is a triangle consolation in the price.  Spiky price tests up and down then lead to a wind back down to an equ...
Read full article

images (13)

Opening Play for Wednesday 10/15

Oct 14, 2014 | Market Commentary, Opening Play

Good Morning Traders! After three days high to low, the index futures had a consolidation day – trading back and forth through opening price several times. The SPs and Nazdaq had...
Read full article


Opening Play for Tuesday 10/14

Oct 13, 2014 | Opening Play

Good Morning! The market has traded three days high to low in a steady down trending hourly channel. The last hour on Monday saw this channel go parabolic to the downside. The market h...
Read full article