May 31, 2011

Pre-Market Is Green. No Surprises There.

I am not surprised to see a green pre-market today - the "turn of month" seasonality is in play. That`s why I only have a long trading idea (one stock pick) on the membership program.

I will be looking to close long trades and reverse to a short index position later in the week.

Today I will introduce you to "Sean Riley & The Slowriders"- great sound,


Tickers: ProShares UltraShort S&P500 (ETF) (SDS), SPDR S&P 500 ETF (SPY), iShares Russell 2000 Index (ETF) (IWM), ProShares UltraShort QQQ (ETF) (QID), SPDR Dow Jones Industrial Average ETF (DIA), iPath S&P 500 VIX Short-Term Futures ETN (NYSE:VXX)