Online Stock Trading

Stocks Rebound as Volume Sneaks Back In

Stocks broke from the gate higher, volume rose significantly but was below average.  The time we had a great first day of Q2 was back in 1938.  After that move in ‘38 volume was, on average 7% below the 50dma.  It wasn’t until June of ‘38 where stocks broke out and resumed an uptrend.  History […]

Fear Creeps into the Market; Volume Higher but Pathetic

Stocks remain in a viscous low volume environment.  Although stocks notched a distribution day on Wednesday volume still remained MUCH lower than the previous “up” days.  Technically, we have to call Wednesday’s action a distribution day but it wasn’t due in part to any large selling by the big boys.  Level III debt, Tier 3 […]

Stocks Find Life but Quickly Fade into Close

Stocks found new life as HOPE crept back into the market.  A dangerous emotion for traders and investors a like.  Hope never ends up making you money, only losing it.  Stocks finished nearly flat on the day while the NASDAQ finished lower on lighter trade.  NYSE volume did pick up however, it came on a […]

Theme remains, Low Volume but Holding Gains

The March jobs report showed a loss of 80,000 jobs, a number that was much worse than what Wall Street was hoping for. That didn’t stop some buyers, who took the NASDAQ higher by more than 1% during the intraday action. Volume throughout the day was tracking lower across the board. It […]

Stock Traders are waiting on the Jobs Report

Volume again fell across the board, bets simply aren’t being made by institutional buyers.  Looming is the March Non-Farm Payroll numbers set to hit Friday at 8:30am EST.  Bloomberg’s survey has economists looking for a loss of 50,000 jobs while CNBC is reporting a loss of 60,000.  Thursday’s action simply illustrates that this so called […]

Stocks Take a Breathier

As Ben Bernanke took his seat on the hill Wednesday stocks were able to find some traction.  However, by the latter half of the session stocks could not hold the gains and quickly turned over.  Volume sank across the board as big institutions continue not to sell or buy this market.  A positive sign for […]

Stocks Extend Monday’s Gains, Volume Higher but not Imressive

Two pieces of negative news:  UBS $19 Billion dollar write-down and the hot reading from the ISM Prices Paid index should have crushed the market’s confidence.  However, the opposite occurred.  Traders seemingly took it as good news as ISM Manufacturing contracted, but not as much as expected.  In the end, the Dow was a few […]

Stocks Found some Traction; Volume Mixed

When the closing bell rang, stocks showed some life albeit with mixed volume.  NYSE volume was higher on the day while NASDAQ volume came off Friday levels.  Overall, the volume picture isn’t great as it it came in well below average.  Not much coming from today’s session other than commodities continue to contract.  Whether they […]

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