TRADING WITHOUT VISIBILITY (ARQL)

BellaMike Bellafiore's (Bella's) Blogs2 Comments

I was flying home from Florida this weekend and we started hitting some serious turbulence on the descent.   A woman in front of me popped open the window shade and was startled by the lack of visibility.  “How can we land in this?  You can’t see a thing!” she shrieked to her significant other (who looked too much like “The Situation” from … Read More

FRESH NEWS AND A LEVEL (VZ)

BellaMike Bellafiore's (Bella's) Blogs2 Comments

Not all levels are created equal.  As traders we must differentiate which levels are most important.  Less important levels require more checks for us to take positions.  Well fresh news just might be one of those checks. VZ had fresh news today.  From Forbes.com: Rumors have been circulating that a new Apple ( AAPL – news– people ) iPhone, equipped to operate through Verizon Communications’ ( VZ – news – people … Read More