Online Stock Trading

NASDAQ Notches a Distrubtion Day; Gains are Consolidating

Stocks simple do not go straight up, every so often they must take a breather.  It is normal and quite health for stocks to take a break and consolidate gains.  Wednesday action was just that, stocks slid on higher than normal volume on the NASDAQ while NYSE volume slide lower.  A mixed day on the […]

Broader Market declines; Uptrend remains

Life is crazy, my life happens to be quite crazy at the moment.  As I am not a full-time trader I have other priorties that take prescendence over all my other activities.  My apologies for short enteries….but my message remains clear.  Stay with this uptrend, there is no reason to fight it.
Many thanks,
Market Speculator

Stocks Remained Poised to Continue Uptrend

The stock market has only notched 1 distribution day over the last few weeks.  We’ll need distribution days to pile up to signal this uptrend is over.  Our leaders have held pretty steady, BIDU is consolidating its recent gains nicely.  Other leaders like GOOG, AAPL, AMZN, and RIMM have started to consolidate their gains nicely.  […]

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