Almanac Trader Alert – Labor Day Good For Small Cap

In our Almanac Trader portfolio we look for bullish or bearish short-term biases based upon calendar events. Summer are usually slow trading days as many people take vacation. They start coming back after the Labor Day, which increases the volatility after that day. We have found that Russell 2000 index usually shows a bullish bias around Labor Day that…

Trading Notes – August 29th

Some of our trade ideas from last night Daily Trader report triggered in the first 30-minutes of trading. For other update the entry/stop levels based upon ORB (Opening Range Bar – first 30-minut candle) ANET (long) ran away and we will skip it WDAY (short) – modify entry to 86.26 VGR (long) – update entry…