amen...I think N. Korea just likes to yank our chain.  You will notice that during the storms and flooding that everything was quiet in NK...they weren't the topic of conversation any longer.  Now that the news is quiet they are back making threats...

Hi Matt, would the "trend day" apply to the nasdaq and in particular the QQQs also.  Should I be looking for a pull back or retrace tomorrow?  Thanks for your help

don't forget all the economic reports and the all important ADP report tomorrow AM....everything can change when those come out. There is hope still for us "shorts"...

anyone have a feel for what GDP is going to be? if it is low (ie:poor) I assume the market will dump again

thanks, good advice...

Does anyone have information I can read or a class that I can take on stock and option entry points. I seem to be able to pick decent trades, but my entry points leave a lot to be desired. I seem to lose money before the trade turns around (sometimes days later) in my favor. There has to be a better way. Thanks

I read/listen to it religiously!! As with ameritrader I don't need all the 30 min, 15 min, etc..thanks guys!! Lynne

What are our support and resistance numbers now for the dow, ndx, and s&p? thanks! Lynne

so wait on more upside on CRUS before scaling into puts? I bought BVF puts today.  need all the input I can get..still learning (mostly the hard way)  :)

Matt and gang...please take a look at WCN and CRUS and let me know what you think...I just bought puts in BVF too...thanks a lot.

what is the website address? thanks.

DON"T use stop loss orders!!!  You can use a stop order CONTINGENT on certain conditions being met and the market makers can't see your sell price. They can see all other sell and buy orders and will stop you out every chance they get~~~if you are going to use stop orders...ONLY use contingent orders!!

Super update this AM...thanks a lot Matt!

Any thoughts on today's market action? Are we continuing down, sideways, or up? Sorry, I'm a newbie at this and need all the help I can get!! :)

just another excuse for our markets to tank.........argh

I totally agree with the volatile market, makes trading an exercise in futility. I would not hold any biotech after ASCO. Altho DCTH is presenting at 2 more health conferences on 6/8 and 6/9. They are scheduled to present at ASCO on 6-5, so it could continue it's climb for a few days. I am too freaked out with this market to hold on to anything, take the profit and head for the hills!

Both of these stocks are on their way UP UP and away!  They both are featured presenters at the ASCO conference next weekend. Target price for DCTH is $20 and $8 for KERX. I think the majority of their move will happen later next week. Lots of cheap cheap options on these. Get out of biotech on June 8th at the end of the meeting.