Online Stock Trading

NASDAQ gets another round of huge accumulation, Dow and S&P 500 lag

Another round of accumulation for the stock market. Looks like we can attribute some gains to MORE M&A activity as well as some economic news. GDP Annualized did come in a bit light while Chicago Purchasing Managers report did come in higher than expected. All in all, we are starting to see […]

Mergers continue to dominate headlines

AP
Wachovia to Buy A.G. Edwards for $6.8B
Thursday May 31, 3:42 pm ET
By Ieva M. Augstums, AP Business Writer
Looking for New Customers, Wachovia Buys A.G. Edwards for $6.8B
CHARLOTTE, N.C (AP) — A little more than a year after acquiring one of the nation’s top mortgage lenders, Wachovia said Thursday it would buy A.G. Edwards for […]

Shanghai who? Stocks shrug off early morning losses to close higher

Today was a prime example of why you do not short a rising market. Although stocks sold off early on buyers stepped up and bidded stocks higher. One of the more bullish days I have seen in awhile!

Don’t expect to see a FOMC rate cut

Do not expect to see a cut in the Fed Funds rate any time in the near future. Liquidity is still the main culprit, an oversupply of money in the worlds market leading to pressure for inflation to rise.

Chinese impost a higher tax

AP
Chinese Shares Plunge on Tax
Wednesday May 30, 7:54 am ET
By Joe Mcdonald, AP Business Writer
Chinese Shares Plunge After Government Raises Trading Tax to Cool Market Boom
BEIJING (AP) — Chinese stocks plunged Wednesday after the government raised a tax on share trades, trying to cool a market boom amid growing concerns about a possible bubble.
The […]

NASDAQ enjoys price gains with volume

Stocks advanced on strong volume, most likely due to falling oil prices and more merger news.
From Briefing:
Stocks picked up where they left off last Friday, catching a bid on another round of M&A activity.
Regardless of the reasoning, all we know is that price and volume moved in tandem today. The market showing a bit […]

Stocks to watch

Aloha!
Market is extending its gains here. Looking very nice, volume is moving with price action.

Gains look to continue

First up, my apologies for a short post here. I threw my back out yesterday for the first time EVER! Very strange but was laying down most if, not all of yesterday.

keep looking »