Online Stock Trading

Stocks move higher on higher trade as Traders “HOPE” for a FOMC Target Rate cut

A late day surge helped stocks finish well into the green and with volume behind the move.  Wednesday’s action however, continued the V-shape move the market has begun since last Thursday.  Fueled mostly by expectations of a target rate cut traders pour back into the more beaten down sotcks.  Brokers most noteably had been the […]

Leaders remain strong despite the weak overall market

Volume continues to be the story for me, lower volume has accompanied the latest round of price increases.  The market has continued with the V-shape move it started last Friday.  In order to squash this type of extreme move the market must move sideways a few more days.  Tuesday marked Day 4 for an attempted […]

One giant YAWN, volume subsides as stocks inch higher

Today’s market was one giant YAWN.  Volume was down near 40% from Friday’s trade.  Not much analysis can be drawn from today’s trade other than its leaders.  RIMM hit all time highs after bouncing nicely off its 50dma last Friday.  CROX is another leader that faired well today, moving higher on volume.  Other than these […]

Ben Bernanke and friends slash the discount rate, extends repurchase agreement terms in order to quell lending concerns

Before the market’s open on Friday the FOMC decided to step in and squash fears in the overnight lending markets.  They slashed the discount rate and extended repurchase agreements out 30 days.  Now, banks with AAA and some privately backed credit are able to go to the Fed and exchange the AAA and privately backed […]

Would you trust this guy?

If you said no, then do not trust this market pop.  If you said yes, I am sorry but you have too many issues to be in the stock market.
Market Speculator

FOMC cuts discount rate

I believe this is a bad play by the FOMC.  This will only prolong the issue with sub-prime, its added to its life.  FOMC is only accepted AAA paper and some private credit.  At any rate, I think this is a bad move and only rewards bad behavior by lenders.
Market Speculator

Stocks rebound from extremely oversold conditions, end higher on massive volume

The sellers’ bandwagon had been continuing to gain momentum however, too many people piled in at the end causing it to topple.  There are many reasons for yesterdays move; short covering, bottom feeders, options expiry trades etc. the fact of the matter is we saw a relief rally.  CBOE total put/call saw extreme readings of 1.9 […]

Sub-Prime & Credit Crunches; Volitility index hits highs while major indicies hit new lows.

Stocks tried valiantly to stage a sustainable rally at the beginning of today’s session.  However, further concerns regarding the sub-prime mortgage debacle and its wave of terror turned stocks lower by 4pm EST.   Volitility hit a new high, measured by the VIX index from the CBOE.  This signals there is more left to the downside […]

« go back — keep looking »