Stocks Finish the Week Lower, Volume Mixed
Crude oil once again stole the media headlines away from anything that is meaningful to someone like me. All you see now is how Crude Oil is sky high and how it will destroy this economy. The media does a tremendous job of instilling fear into its viewers. This shows, the latest […]
Crude Oil, Spreading Fear Throughout Wall Street
As Crude touched $125 overnight many are fearful that these high oil prices will destroy the stock market. So far, these high oil prices have only produced 1 distribution day in the past week. It seems that the elephants continue to stay on the sidelines of this market. They are neither buying […]
New Post over at Big Wave Trading.NET
I have posted a new article here. It amazes me how bearish Main Street is on the United States of America. It should come to no surprise to many of you. The Main Street media continues to hammer how awful things are as they have aligned themselves with Liberal Thinking. Liberal policies like the ones […]
Markets Shrug of $123 Oil, Reverse Higher on Heavier Volume
The bull market in crude continues to provide fear for this market. Stocks sold off much of the morning where the NASDAQ corrected .8%. Volume was tracking higher much of the day, but as the day worn on stocks got stronger. In the face of $123, which have most thinking this market […]
Consolidation Continues on Lower Volume
A nice day of consolidation as stocks take another breathier. Two big news stories for the day did push stocks down as Crude hit another high and MSFT dropped its bid for YHOO. Both stories, on the outside would have seemed to be large negatives for the stock market. However, stocks slide lower on lower […]
NASDAQ Consolidates Nicely; Jobs Weren’t as Bas as Expected
What a great day for Stocks to take a breathier after Thursday’s session of accumulation. Shorts continue to pile on as the indexes cruise higher. Although volume has been on the lighter side, we have seen a decent amount of accumulation. For the past two Thursday’s we have seen excellent accumulation and […]
Stocks Find Their Mojo, Race Higher on Volume
Stocks shook off the FOMC and GDP hangover from Wednesday’s action and raced higher. The important action of yesterday’s move was the NASDAQ clearing Wednesday’s high with greater volume. It shows the elephants are coming back into the room on the long side. Regardless of the macro, consumer sentiment, or opinions the […]



