Online Stock Trading

Bears stepping aside waiting for the FOMC train to leave the station

Not much in the way of market commentary, this market is waiting on the FOMC to make a move.  Bears simply aren’t getting in ahead of the FOMC announcement.  CBOE Total put/call ended the day at .85 signalling there aren’t many short bets on the table.  I can not blame them although, Ben Bernanke insists […]

SNL Stock Advice

This is just unbelievably funny!

Stocks Advance on Lighter Trade; FOMC Target Rate Cut Hopes Still Alive

The price trend continued during Tuesday’s trading session.  Stocks are playing the same story; Price advance with low volume.  Despite the lack of volume, I am reminding everyone that we still have a confirmed rally in place.  We may be in a trendless market at the moment but, we can not ignore a confirmed rally.  […]

BIDU - Checking on a Stock Market Leader

BIDU is breaking out on volume today.  This breakout is significant because BIDU is a Stock Market Leader, not a laggard.  For a new fresh bear market to begin we must see the leaders begin to fall.  Evidently BIDU is not taking cues from the Stock Market Bears!

Market Speculator

Intraday rally fails to hold as volume remain below trend

Stocks opened the day in the green, gapping higher but, volume wasn’t supporting the open.  Stocks begin to drift lower shortly after the open.  The NASDAQ flirted with its 200dma at its lows of the day.  However, the index lead by the NASDAQ100 lifted the NASDAQ to test its 50dma.  Meanwhile, the S&P 500 continued […]

EURO vs US Dollar watch

Look for EURUSD to run up, reaching the 1.3852 level.  This will either provide new highs or resistance.  Look to short EURUSD if it reverses below 1.38.

NASDAQ intraday support

Check out the intraday action on the NASDAQ!

New Market Monitor Page

Good Morning!
I have added a new page, check it out.
Market Speculator

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