Recent Articles
Bidding On BIDU
When trades come along which offer potential on multiple timeframes, I always perk up. If one timeframe doesn’t appeal to me, the other can still add to my account.
Video Review of the Indexes 7-25-2010
Last week was potentially big for the bulls, not only in the short-term, but for the big picture as well.
We saw something happen which hasn’t happened since April - a dip was bought! After a nice rally from the July 1st low, a pullback had set in. But given the magnitude of that rally, there [...]
Several Solars Set to Shine
Solar stocks are making quiet but steady headway, exhibiting some very nice relative strength. While the market is bouncing from its most recent correction low, several solars are already in uptrends, boasting higher lows and higher highs.
Video Review of the Indexes 7-11-2010
The buyers went 4-for-4 last week with the major averages recovering what had been lost in the previous week of relentless selling. And for a holiday-shortened trading week, the action was quite good from start to finish.
Video Review of the Indexes 7-5-2010
The bears pitched a shutout last week, going 5-for-5 as the market continued its slide. New correction lows were reached in each of the major averages, reminding us all of the struggle this market is having to stabilize.
Support zones have been broken, and trends remain down, but with deeply oversold conditions having emerged, a bounce [...]
Making it Back
At this point just a short time removed from the April highs, there are no doubt many folks who were late to the party now feeling serious pain.
Be Patient Buying Dips
Novice traders are equipped with very little useful information, as even your grandmother knows to “buy low and sell high.”
With the recent correction, many stocks now are starting to appear ‘low’ on the scale, and that’s enticing - but dangerous - to those who have been waiting for a shot at getting in.
