Monday, May 28, 2018

Top Volume Stocks - Oil Stocks Down

The market indeed turned green but the underlying stocks were red, especially oil related stocks. Kris Energy, Ezion, Sembmarine all tumbled down as the oil prices came down last Friday. Yzj Shipping was the scary one as I am not sure what caused it to sold down so fast but I believe it's a downgrade report after the market last week. Cut some losses on YZJ as the stock just did the opposite of what I expected. Cosco followed otherwise and Thomson Medical continued it's slide down. I am not confident in the market as days are tough. During times like this, it's best to trade Forex/Index. Watching only for now.

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Ronald K - Market Psychologist - A Stock Market Opportunist