Online Stock Trading | Wild and crazy, stocks go through a bit of a roller coaster ride

Wild and crazy, stocks go through a bit of a roller coaster ride


Filed Under Market Commentary |

A wild day for traders, intraday swings are begining to wear down stock market investors.  Volitility has picked up, most notably by the VIX.  Traders are continuing to find reasons why this market has to go down.  Interest rates  and subprime still seem to be the culprit for the fears.  Strength of the economy will be showcased tomorrow morning with GDP annualized and Durable Goods orders.  Focus will be on how these numbers will affect policy decisions by the FOMC.  Regardless, we should be very cautious and be flush with cash for a fall.  Not too mention cash to put to work if we start seeing major accumulation.

Going to be short tonight, tomorrow will be a big day regarding economic numbers.  Thursday will bring the FOMC policy meeting.  Until then, these choppy markets can weigh heavily on the mind of a trader/investor.  Remove emotion from the game and you’ll find yourself become a better trader. 

All the best

Market Speculator

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