Author: Erik Solomon

Yesterday trading presented good opportunity to execute and hold solid trade ideas throughout the morning session.  While the markets price action was not a screaming long it did support good long trade ideas once it hit...

Today the markets continued it move higher in a relatively lack luster way compared to Fridays action when the turmoil in Egypt soften with Hosni Mubarak stepping down as president.  The strong buying in the markets...

This morning trading was a bit difficult as we had a big sell off during yesterdays closed, which cause this morning price action (while relatively strong) to present difficult opportunities due to the lack of follow through...

The SPY had a strong buying yesterday as we broke above two week trading range, closing above the daily 20 sma resistance level.  Good economic data out of the U.S. with the FED Beige Book reporting improvements in the...

With the markets trading sideways yesterday between the 20 and 50 sma on the daily charts follow through is limited until price action can break through support or resistance level. Looking at the hourly chart we can see...

Over the past few months the dollar has been on steady rise against most major currency pairs. With the debt crises emerging again with Ireland accepting bailout funds from the ECB and with the continued concern of the debt...

Looking forward this week, if the SPY can hold its daily 20sma would give me greater confidence that we trade higher to test 123.00 resistance level. With the Thanks Giving holiday coming up this Thursday I would not be...

Coming into today Research in Motion(RIMM) was on my radar.  Some news had come out in the pre-market about the pricing of its tablet computer.  The news basically said that the tablet would be priced below $500...

Today was a very lack luster day in terms of the market price action. Looking in bigger context we can say its a continued pause after the up trend day we had Thursday after the FED announcement. While today was not the easiest...