STTG Market Recap August 8, 2014

The “easy” short term trade today would happened if the market had opened down significantly as our short term oversold indicators would have been off the charts. Instead indexes opened up modestly and build on that throughout the day. News that Russia was ending military exercises near the Ukrainian border helped lift spirits. The S&P 500 gained 1.15% and the NASDAQ 0.83%. Please…

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