Online Stock Trading

Current Stock Market Conditions

The stock market has been in a bull market since March ‘03, 4+ years without a signficant correction.  Certainly we have come close to getting a more signficant correction than 10% but, have been unable to wipe the table clean.  Markets simply do not go up forever, this market seems like it can not go […]

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Do you think the FOMC will cut the target rate? 
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Stocks advance, traders await jobs data

Thursday’s trade does not change much in my mind.  Continue to look for longs, keep new positions on the smaller side.  There is no need to be a hero at this time.  Remember, we haven’t had a significant correction to wipe the table clean. 
Traders will focus much of their attention to the Jobs report release […]

Traders didn’t like what they saw from the fed, send stocks lower on volume.

Stocks spent most of the day down near 1% as traders were waiting for the Fed’s Beige Book release.  Most were looking for hints at a rate cut, most believe an ease in monetary policy will magically repair damage done by sub-prime mortgage defaults.  There were no obvious hints that that Fed was about to […]

NASDAQ leads the way on higher trade

Stocks gained momentum going into the final bell.  Traders pushed stocks higher, the heavy leaning NASDAQ saw its volume gain better than 15%.  Monday’s action was a true sign of accumulation although, volume was below the 50dma.  This market again will be fooling they nay-sayers like it did last August.  It amazes me that this […]

Summer Vacation Season is Now Over; Stocks position themselves on Friday to move higher

Summer vacation season is over as traders filter back into the swing of things.  This most recent market follow through has me thinking about last August.  Flashback to last August 15th when the market confirmed off of July lows.  There are a few similarities between the two market follow throughs:  volume was still going with […]

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