Online Stock Trading

Another Rally Attempt

We got our 2nd rally attempt today.  Nasdaq led the charge as it rose 10.41 (+.48%) however, no one else followed.  S&P500 +.16%/DJ Industrial +.17/Russell 2k -.00%/S&P400 +.16%/S&P600 +.08    What really concerns me is that the NYSE declining volume out paced advancers 3 to 2.  All across the board decliners outpaced […]

Time to Stay Away

Sell in May and go away!!!
 
I don’t see any reason to stick around LONG in this market.  After undercutting the lows on Friday, reversing an attempted rally, there aren’t enough buyers willing enough to bid up stocks.  Sellers are just far too quick to pull the trigger and not demand a premium.  […]

Market turns negative at the end of the day

Unimpressed. Even today’s weak attempt at a rally failed late in the day. NYSE comp index did finish higher today +.16, the only bright spot. Where do we go from here, who knows and why try to guess. Short-term we must sell any laggards ie PRFT in our […]

Wild Ride

The stock market did not fair well today whatsoever. 
 
Nasdaq decided to undercut its lows on Friday…winners lagged…well, most of them did.  JSDA/HOM stayed nicely.  Where does this leave us?  It leaves us on the sidelines.  We just can not try to swim upstream in a raging river.  To make […]

Small watch list

AERTA / TGIS / AQNT / CCJ / CHAP / CTRN / CTXS / CWTR / COGO / DAKT / FCFS / GDI / HOC / HOM / RTI / SNDK / STRL / TNB / WFT
AERTA is pure speculative play…I will nimble Monday morning.
All the others are to watch for and once we get […]

Market thoughts

Friday we saw a nice bounce from recent lows on strong volume. A sign that there MAY (I use this with the utmost caution) some accumulation in this market. The Standard and Poors 500 showed a nice bounce of its 200dma moving average. It was the highest volume the index has seen […]

Investor vs Speculator

I wanted to take the time to explain the difference between these two LABELs.
Investors, who are they? Investors are instituitions or individuals who seek a rate of return on an initial payment. Payment? Yes, payment, you pay for bonds…mis-notion that you INVEST money. At some period after this initial payment, […]

Boy is this tempting…

AS of 12:01pm EST
I know it is very tempting to add to and buy new positions. “Stocks are so
cheap” or “The market is too oversold.” RESIST this! I felt some of this
myself but I continue to believe that this isn’t the time to be buying
anything…any buys, even adding to positions. Far […]

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