Online Stock Trading

JRJC

JRJC breaks its mid-point of its flag pattern!
Look for it to move higher.
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Continue to Eye Chinese Stocks

Look for CPSL CHNR JRJC SSRX CBAK to break out on volume.  These flag patterns are great patterns to catch some serious gains.  Always maintain a cut loss of no more than 8% of your original purchase price. 
There is no need to be over trading here, I am looking for stocks making large moves not […]

Fox Business Channel

Did you hear Fox was launching a new business channel???
Go check it out and click in the upper right hand corner to find if it is available in your area!
Enjoy
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Distribution Strikes Down on Wall Street

Stocks were sold hard and fast yesterday afternoon after indexes hit fresh new highs.  It was the first sign of any REAL institutional selling since August.  One of our leaders, BIDU a chinese related stock was HAMMERED closing down 10% on volume not seen since its first few weeks of trading.  All is not too […]

Are we overbought?

Please check out my new poll!

All-Time Highs, Are You Trading Scared?

The market continues to notch new highs as our dedicated noise producing talking heads on CNBC and nightly news worry that this all may come to an end.  With GOOG, RIMM, BIDU, AAPL continuing their strength there isn’t a reason to panic because we are at all time highs.  We know better than to listen […]

Get Paid for Not Having an Opinion

Friday’s market showed those who are short that they are simply fighting against something that is much stronger than they think.  Shorts got hammered Friday as stocks zoomed higher in on heavier volume.  It is paying not to be short as many are doing.  Price and volume action has pointed to higher prices, it is […]

High and Tight Pattern watch

Please refer to this article.
Two stocks I see making their way to forming this pattern are CHNR and JRJC.  Will be watching in the coming trading days!
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