Online Stock Trading

Shorts Take Cover

6:45amEST  Gap Down Offers Short Sellers an Opportunity to Take Profits

At the open stocks fell as expected, selling began heavy as a bit of panic did set in.  The VIX index jumped to 37.45 before pulling back.  However, short sellers, professional short sellers took their profits as the rally off the lows began.  The winners […]

Black Tuesday

5:55amEST Japan, China, India all get sliced overnight.

Just a few thoughts…
I do not think we’ll see a long term bottom today.
I want to see the VIX hit 50.
I wouldn’t buy this market even with the governments money.
Do not panic…more to come today.

Does History Repeat Itself?

So many of market pundits are comparing our current market to the 1970s. However, taking a look at the incredible 1929 market rise and fall its clear that its a more comparable time frame. Do we have more downside risk in this market, yes it is clear the path of least resistance is […]

Overseas Markets Get Hammered

Spill over from the Friday’s action is having a terrible affect on Overseas markets.

Are Investors Too Early for Calling a Bottom?

9:00pmEST Too many investors are looking for a long term bottom here.
Friday’s whipsaw action had many investors feeling the market had put in a bottom. However, there is no denying the path of least resistance. Stocks were sent lower by the end of the session as the last hour selling by big […]

VIX Wakes Up, Is The Bottom In?

6:25amEST Fear Has Finally Crept Into the Market, Stocks Get Sold Despite Ben Bernanke Testimony
When the Path of Least Resistance is in one direction you can only imagine how easily price movement moves along that path. Today, this path is clearly down and Thursday’s session only proves that swimming against the current only […]

No Worry; but Hope Remains Strong

6:30am EST  Stocks slid on a flurry of news; stocks whipsawed and sold off in the final hour of trading.
Stocks showed a glimmer of hope yesterday with showing some GREEN.  It wasn’t until the final hour when big institutions operate that stocks began to slide back into distribution territory.  The day ended as a distribution […]

Stocks Eye Recent Lows

6:15amEST  Stocks are set to react to bearish news from INTC and the release of the CPI.
Yesterday’s trade once again reiterates where the path of least resistance lies.  There is not question with the VIX and VXN not pricing in any fear that the market continues to search for a bottom.  We have not found […]

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