February 6th - Weekend Stock Market Review

Current Portfolio- 104,680$
Open position - QID 1000 at 49.17


SPY - break the 85 level and reach the next resistance level at 87-88. A pullback to test the 85 level and then a rally will be very encouraging.

XLF - What a rally, a great day for the financials , a pullback will be a great buy opportunity.

QQQQ- The same as the other index's a pullback will be a great buy opportunity.

EUR/USD- Look like maybe there will be rally from the EUR , but it is very speculative. A real long trade will be above 1.325

February 6th - Update BUY QID

Bought some QID 1000 at 49.17

February 6th - Update SOLD XLF

Sold XLF at 9.60 with 90$ profit

February 6th - Update BUY XLF

Bought some XLF 3000 at 9.57

February 6th - Update USO

The oil is down without any sing of a bottom.

February 6th - Update SOLD QLD

Sold QLD 2000 with a profit of 2100$ at 29.35

February 6th - Update XLF

The financials are also breaking the resistance level , i will use any weakness as a buying opportunity.

February 6th - Update BUY QLD

Bought some QLD 2000 in the premarket at 28.3 i will use any weakness for more buying.

February 6th - Update

The futures are slightly higher, in my opinion we are going to break the resistance level today.

February 6th Stock Market Review

Current Portfolio - 102,490$
Open position -

QQQQ- Again at the resistance level 30.6- 30.7 , a pullback and then breaking this level can bring us a nice rally. i will use any pullback as a buying opportunity.

XLF-improving but the greater level is still the 9.35-9.40 for a nice rally

SPY - Still the 85 level is a resistance that have to break for a nice rally.