Online Stock Trading

Stocks Will Stay in Limbo while Volume will be light

Volume sunk to pre-holiday lows as the Nasdaq slid 1.1% for the week. Not much excitement from the prior week. BTJ saw a gigantic surge in volume ending the week at 19.00. My only holding that saw a huge increase. Otherwise, the week was boring. Volume was […]

Small Position

Taking a nibble at BTJ today. Starting to form the right side of its base,
accumulation is decent. EPS is just amazing, check out the last 8 quarters of
growth. 7 out of the 8 are above 25%.
MktSpec

Test Buy - alert

I just bought NITE as a test buy.
With the market moving higher, path of least resistence is changing to flat.
MktSpec

Mideast, BP Oil, and foiled terrorist plot dominate headlines as stocks head lower.

August, known as an extremely slow month proved to be so this past week. Volume continues to dry up, stocks keep seesawing without much direction. For the week, S&P500 -.7%, Nasdaq -.7%, NYSE -.9%. Leadership is severely lacking coupled with the seasonality the markets will continue to prove […]

Market Thoughts tonight.

Volume is started to taper off, path of least resistance is still negative.
 
Boring markets!
 
MktSpec

NASDAQ continues to be a drag on stocks

Nasdaq continues to weigh down stocks falling .3070% on the week while the NYSE
composite and S&P500 rounded out the week up .3494% and .2115% respectively.
NYSE composite volume came in at 8.2 billion shares slightly above the 10 week
average while both Nasdaq and S&P500 failed to climb above their 10 week moving
average.
All in all, not a […]

Sunday…

I will be back on Sunday to report.
As of now, the Nasdaq is putting in an exhaustion gap. We’ll need volume to
come in higher than yesterday to prove it. Till then enjoy your weekends!
MktSpec

Bears are still kings

AAII weekly Bull/Bear indexes were released showing Bears are still more
abundant that Bulls. Bear index 47 and bull is at 31. They aren’t at extreme
levels at the moment, I look for the bears to gain more membership in the coming
weeks. I am thinking not till December Bulls will regain their Top […]