Technical Conditions Ripe for Stocks
9:15amEST Stocks are looking to rebound from yesterday’s nasty reversal
This market desperate is trying to find its footing and regain an upward trend. However, yesterday’s action shows what the underlying conditions are really showing. There are too many issues regarding the market technically: the “Lack Ofs.” Lack of Leadership and […]
Stocks Rise on Lighter Trade
4:35pmEST Stocks end the day higher with broken leaders continuing to lead this market, but volume continues to slide.
The NASDAQ continued gains from Friday on the back of AAPL and RIMM gains. Volume continues to disappoint as these former leaders come off their lows on lower volume. Accumulation continues to elude this […]
Broken Leaders Advance NASDAQ
1:30pmEST AAPL and GOOG lead the NASDAQ higher as the S&P500, Dow Jones, and NYSE Composite take a dive.
Beaten down leaders led the market Friday. RIMM, AAPL, GOOG, and BIDU all finished the day higher pushing the NASDAQ into positive territory. However, all else where stocks simply couldn’t muster any strength to close in the […]
Stocks Stage a Bullish Day
6:55amEST Stocks find some footing, end higher on higher volume.
Enter: Bottom Callers!
However, if you look over the past two weeks you can see we have gone absolutely no where. We are a car stuck in the mud with our tires spinning. Unfortunately, for the market all but Thursday’s trade has ad volume pointing to lower […]
Nasty Intraday Reversal, Stocks Lower
6:30amEST Stocks stage a late day bearish reversal.
Bulls took charge staging a nice run in the early part of the session. It looked like the market was going to overcome some mighty odds and break higher. However, by mid day stocks began to turn weak and lacked the proper support to continue the intraday uptrend. […]
Stocks Sell off into the Night
6:30amEST Stocks put in a massive Distribution Day as stocks get sold to their lows at the close.
The most newsworthy item of the day was the poor ISM numbers that were released before the market opened. ISM non-manufacturing numbers showed a clear contraction in the non-manufacturing session fueling fears that we are indeed headed or […]
Markets Look to Drift
6:37am EST Futures are set to open flat, Markets continue to consolidate recent gains of the most recent lows.
Stocks continue to look for a direction to run. Currently the market is taking a breather and consolidating its current run off its lows. Lack of leadership and lack of max fear in the markets its highly […]
Talking Futures
6:15amEST New commentary on Futures!
I have decided to begin discussing futures here. Futures can offer an incredible opportunity if one takes care of his risk.
At the moment, I am not currently long or short any future. However, the few that I like for longs are positioned for their continued run. Coffee, Corn, […]



