Online Stock Trading

Bernanke fails to inspire but, a late day surge wipes away hefty losses

A relatively inflated, yes pun intended CPI along with earnings from YHOO and INTC sent stocks lower at the session’s open.  The downward trend continued as Bernanke did not reveal too much but did hint that interest rate policy would remain unchanged in within the near future (DOH, thanks Homer).  Without talk of a rate cut […]

Trading Goddess on Wall St. Radio

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Market Speculator

Are markets really that efficient?

Market efficiency advocates would tell you yes they are efficent.  They hypothesis states:  market prices always fully reflect all available, relevant information.  Adherents believe that the adjustment to new information is virtually instantaneous and its is virtually impossible to beat the market (definition by Bloomberg).  It is true that 75% of money managers fail to […]

SOX Index lifts the NASDAQ as the S&P 500 ends flat

A tame PPI showed inflation pressures slowed, giving traders much relief from inflation fears.  Aside from economic numbers influencing traders mind the day brought on a massive rally with the semi-conductors.  The SOX index exploded today with massive buying.  At the close the NASDAQ led all the major averages advancing by .6%.  One troubling note […]

Dow Jones 14,000 watch is on, stocks end lower on increased trade

Market watchers have now turned their attention to the Dow Jones Industrial Average’s attempt to eclipse the 14,000 market for the first time.  The mark is more of an emotional signficance than anything else as you will see CNBC parade their ticker around.  At any rate, this “watch” kept the dow positive while other indicies […]

Update on Longs and this market still has legs

Yesterday I posted about the market direction.  Price action has certainly suggested there is more upside to this move than most can admit.  Volume hasn’t been the best of stories but, on Thursday’s 2% gains volume did spike higher than the previous day’s trade.  An excellent showing from instituitions and we need the big boys […]

Market Direction

I would like to put together a perspective on the market direction.  Again, I will be referring to point and figure charts.  These are helpful because they only take into consideration price, no volume or time element.  A crude way of looking at the market but one that will give us a bit more perspective. 

Euphoric Day sends stocks screaming higher

Retail Sales figures as well as more take over news helped vault stocks to record highs on the S&P 500 as adn Dow Jones Industrial Average.  Traders loved the retail sales figures showing the consumer is not quite dead in the water.  Regardless, the action recently has been pointing to higher highs as of late.  […]

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