Often the most exciting, yet most hazardous time to trade in the stock market is the first 30 minutes of each market session. Those first 30 minutes, if you are not disciplined, can reek havoc on your portfolio. It is that time where most of your amateurs will watch what is going on in the pre-market futures and pre-market trading in various stocks, and become overly exuberant and place a market order at the market's open. Folks, this is the worst possible thing that you can do - to say the least, it's a sucker's trade - Don't be a fool for it!

Light volume day on Wall-Street today, which over-shadowed the descent gains that were made across the board. More than anything, today's action in the markets is likely to be no more than a dead-cat bounce and we're probably to see more of the same next week (I guess I am being somewhat of a party-pooper!).

Enjoy the Weekend! 

Here's the Nasdaq and S&P charts...

The bears are making their intentions clear and they are doing so by ending the six-day party enjoyed by the bulls of late. Now investors are fretting once again, but the kind of fear that we saw a few weeks ago isn't quite there yet - probably in large part to the fact that we are coming off of a historic election. However, if we have another sell-off or two in the coming days, we should see the panic set in once again.

Here's the Nasdaq and S&P charts...