Online Stock Trading

Crude Oil Prices Spread Fear Throughout Large Cap Stocks

As the price of crude was nearing and setting all time highs stocks were took a beating. The selling wasn’t necessarily “PANIC SELLING” like we saw on August 16th, 2007 but, it was starting to near those levels. At the end of the trading session the NYSE indexes that include NYSE composite, Dow […]

A Stiff Wind Knocks down a Low Volume Rally

Stocks were enjoying nice gains on lighter trade for the better part of the day Monday. Crude oil traded higher by the end of the trading session causing some fear in the market. However, the sell-off came on lighter trade and couldn’t produce any type of distribution. A few stocks showed major […]

Stocks Avoid Distribution, Massive Intraday Support

Crude Oil was above 127 for much of the morning sending stocks lower. Fueling sellers was a poor reading from the University of Michigan. Consumer confidence hit multi-decade lows as Fuel Prices and the Housing Market are weighing on the minds of Main Street. For those with opinions sold on the news […]

NASDAQ Powers up, Leads Stocks Higher

And on the second day the NASDAQ takes out its 200dma with increased volume. Not only was volume higher than the previous day but it was also higher than its 50dma. This is an important development as of late for the stock market. There is no question that the NASDAQ is leading […]

NASDAQ Hits Resistance; The Battle at the 200dma is On!

A tame inflation report from the government, believe it or not helped stocks push higher throughout the trading session. The NASDAQ was able to take by storm its 200dma however selling ensued late in the trading session pushing the NASDAQ down near intraday lows. Volume swelled on the NASDAQ while NYSE logged lower […]

Stocks Avoid Distribution, End well off Lows for another Bullish Day

A slew of economic data sent stocks lower in the morning, having many believe we were ready to crash. As oil neared $127 a barrel stocks could not be pushed much lower. Rather than continue to hit new lows stocks began to lift off their lows. The NASDAQ was positive by 1pm […]

Lack of Volume Has Many Questioning This Rally

Once again volume came in lower than its 50dma across the board. Even as oil receded the Institutional Buyers stayed away. They were not quick to jump on the stock bandwagon just yet. Big Institutional Buyers have simply stayed on the sidelines as ever Tom, Dick, and Harry try to play this […]

Check out My New Entry at Trading Goddess’ Blog

I have just posted a new entry at the lovely Trading Goddess’ Blog. I am posted there weekly highlighting a quality growth stock. I will be posting the charts here along with others I have collected over the weekend! One to check out is OTEX. OTEX appears to be coiling and […]

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