Online Stock Trading

Stocks Move Higher, On Higher Trade But Continue to Run in Place

Not much in the way of commentary on this market. There are only so many different ways you can say seemingly the same thing. Once again, stocks moved higher on higher trade but have not produced anything over the past week. Ideally, when stocks bottom they should immediately move higher on higher […]

Stocks Fizzle as Volume Dries Up

Price action continues to be very poor on Wall Street.  Its not surprising action continues to be poor given some market internals.  I have spotted these out over the past few posts and they have no improved.  New Highs are enemic and the VIX/VXN continue to show a lack of fear.   Any rally attempt that […]

Extreme Oversold Conditions Set Stocks for a Massive Rebound

For much of the trading session on Tuesday it was a volitile day where stocks couldn’t decide whether the downside or upside was the place to be.  It wasn’t until late in the session where shorts started to cover sparking a late day short covering rally.  Volume was tracking higher all day long and finished […]

Near Term Weakness Always Leads to Long Term Gains

Stocks once again took a dive and notched some hefty losses.  The NASDAQ was held up by AAPL whose lower volume effort looked mediocre at best.  We are simply in a weak time for stocks at the moment.  Following the removal of the uptick rule shorts are able to work more freely in the market.  […]

Global Stocks are Showing Weakier Economic Times Ahead

Our new world, the Global Economy. Many pundits are touting the power of the global economy. New powerhouses that are emerging: India, China, Singapore, and Australia. Most notably are India and China, the two countries who hold (seemingly) half of th world’s population. Tremendous growth potential in either country is […]

Happy 4th of July

Happy 4th of July! Thursday’s shortened session provided little help to stocks as many on Wall Street were on vacation enjoying this Holiday weekend. Crude oil remains the hot topic on Wall Street as it traded above $144 much of the day. However, we were unable to hit the $150 a barrel […]

Our Bounce Lasts Just One Day

Stocks could not manage to sustain the bullish reversal on Tuesday. Crude oil moved higher and continued financial meltdown fears helped push stocks lower. The extreme oversold conditions we saw on Tuesday mid-day were extreme enough to push a rally. However, those oversold conditions continued on Wednesday. Oversold/overbought markets can stretch […]

Market Bounces Intra-Day, But It was Another Bear Market Bounce

Tuesday’s action was following our most recent trend: DOWN! However, when GM news was released a flood of short covering hit Wall Street. This set off a wave of short sellers across the market to head for cover, pun intended.  The market got to a point where it could not get anymore oversold […]

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