Tuesday, June 30, 2015

Taking a little break

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Sorry guys, but as the quarter draws to a close I have decided to take a little break to step back and reflect on where I've been and wh...
1 comment:
Monday, June 29, 2015

NASDAQ to bounce around as people digest the impending Greek deal

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Traders love a good crisis - it gives them extra volatility to trade. It will all net out in the end in a week or so, but all that crazy vol...
3 comments:
Friday, June 26, 2015

NASDAQ stumbles, seeks direction

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Where is NASDAQ headed next? Uh... absolutely unclear, or as clear as mud to be more precise. The recent advance has faltered and so far NAS...
Thursday, June 25, 2015

NASDAQ seeks to establish stronger technical support in the 5100 range

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NASDAQ desperately needs to try to establish more solid technical support in the 5100 range before it can make a sustainable advance to the ...
1 comment:
Wednesday, June 24, 2015

NASDAQ to test durability of the advance, again

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Tuesday was another great example of the weak nature of NASDAQ this year - we get occasional strong days, but typically followed by mediocre...
Tuesday, June 23, 2015

NASDAQ to test strength of the advance

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Although it was great to see NASDAQ rally to new all-time intraday and closing highs, the rally yesterday was a bit too tepid for my taste, ...
1 comment:
Monday, June 22, 2015

NASDAQ seeks to establish technical support in the 5100 range

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Sure, it's great that NASDAQ will be gapping higher this morning on overly-buoyant enthusiasm based on a whiff of a hint of the possibil...
Friday, June 19, 2015

NASDAQ needs to consolidate a little

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Wow, it's great that NASDAQ zoomed up to new all-time intraday and closing highs above the March 10, 2000 dot-com intraday peak, but now...
Thursday, June 18, 2015

NASDAQ wants to bounce on relief that the Fed has spoken

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NASDAQ did manage to bounce a little after the Fed made its announcement and had its press conference, but it will take a couple of days for...
Wednesday, June 17, 2015

NASDAQ to be volatile around Fed FOMC announcement

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The market will be prone to very erratic trading leading into and following the Fed FOMC announcement and press conference this afternoon, a...
Tuesday, June 16, 2015

NASDAQ marks time waiting for the Fed

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I would not read anything into what the market does today or tomorrow or even the rest of the week since the main name of the game this week...
Monday, June 15, 2015

NASDAQ waiting impatiently for the Fed

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The Fed is the main game for this week. Not that there will be any big change, nor is any big change expected, but people want to hear it as...
Friday, June 12, 2015

NASDAQ continues to get buffeted by Fed anxiety

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Although it was nice that NASDAQ managed to close in the green on Thursday after a big up day on Wednesday, it was not a very broad advance ...
Thursday, June 11, 2015

NASDAQ to test the enthusiasm of the hedge funds

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A 1.25% gain for NASDAQ yesterday certainly fits my definition for a sharp gain (although just barely - my threshold for a sharp gain is 1.2...