Monday, October 16, 2017

Investorideas.com - Stocks Slightly Higher, As They Set New Record Highs

Stocks Slightly Higher, As They Set New Record Highs

October 16, 2017 (Investorideas.com Newswire) Intraday trade: Our Friday's intraday trading outlook was bearish. It proved partly wrong because the S&P 500 index gained just 0.1%, and the index continued to trade within relatively narrow short-term consolidation. The market may retrace some of its recent rally. Therefore, intraday short position is favored again. Stop-loss is at the level of 2,570 and potential profit target is at 2,530 (S&P 500 index).

full article http://www.investorideas.com/news/2017/main/10161TradingAlert.asp