Online Stock Trading

Shaky Market

This market continues to show its true colors.  For the past 2 out of 3 sessions stocks have taken a beating, although on lighter trade you never want to see this type of action prior to a follow through day.  There are some opportunities out there to make money but its not worth risky your […]

Stocks Turn in Bullish Close

Stocks are definitely looking higher, volume accompanied the move today. Although I do not believe we are entering a new bull market I do believe this will help us move higher for a small time frame. Airlines and Financials are leading this rally, not what I want leading. However, I’ll take the […]

Stocks Were Stuck in Idle as Volume Slides Across Wall Street

Traders were hesitant to jump in or out of stocks Monday as the market ended relatively flat and on lower volume.  Crude oil jumped on news that Dolly may threaten the Gulf’s off-shore drilling facilities.  However, the storm seems a little erratic at this point to judge the path and if it will head towards […]

Microsoft and Google Weigh on Stocks but Volume Fades

Missing analyst estimates sets up the stock to get hammered, MSFT and GOOG did just that.  Both stocks were tremendous laggards and were the majority of the reason why the NASDAQ was down over 1.2% for the day.  The bright side, volume came in lower than the previous day.  Options expiry failed to boost volume […]

Crude Oil Slumps, Gives Boost to Stocks

The big story of the market session was the fact that Crude closed below a key support area of $130.00. This helped calm fears regarding inflation but perhaps the fear of a slowing global economy were overlooked. China’s second quarter GDP fell to 10.1% from 10.6% first quarter. Whether or not […]

Stocks Rebound Nicely but Rally Lacking

Stocks rode the wave of optimism following Wells Fargo’s earnings release prior to market open.  The surprise upside earnings report calmed fears of financial meltdown and helped Financials lead the market.  In addition to financials, airlines too lead the market higher as crude oil prices eased from all time highs.  Although the skies were mostly […]

Stocks Fail to Hold Positive Ground

Once again, stocks gapped hard to the downside on Tuesday morning. The same old story, fear about the stability of the US banking system.  Will it fail?  It is the question being asked across Wall Street and Main Street.  As stocks appeared to be headed toward being down more than 2% buyers stepped in and […]

Are We There Yet?

Stocks took a wild ride on Friday as we are trying to search for a near/long term bottom. More fear on Friday struck Wall Street regarding financial firms and their ability to stay afloat. FNM and FRE both opened sharply lower on fears that the government may not step in and “explicitly” support […]

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