Skimming for the Winners
There's no question: It's been a tough market for trading, whether it's grabbing gains on the upside or the downside. With the S&P 500 off by 1.9% in Thursday's session -- less than a week after the Nasdaq attempted to confirm an uptrend with a heavy-volume gain of 1.3% -- it's difficult (to put it mildly) for traders and investors to latch onto a definitive trend.
Most stocks follow in the broad market's footsteps, so even most top performers got hit Thursday. Even before Thursday's market-wide selloff, breakouts had been struggling....477 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.