I wish I could start this off by saying how great today’s action was however I found it to be one of the most boring trading days of the year. Granted, we saw a nice run-up in Orient Paper (ONP), to which I booked some profits,...
Read MoreWe opened relatively strong this morning but lost the momentum soon thereafter. Profit-takers came in and we actually went red on the day for a bit. The afternoon saw some very boring action where many of us were fighting just...
Read MoreFinally! The bulls have finally managed to do something right. We received our bounce today and it was a nice run-up into the close. The bulls managed to force shorts to cover, which helped fuel some of the gains for the...
Read MoreToday started very promising. The bulls started early and we had a strong gap-up to open. Early volume had the stocks moving north but this was very brief before the selling started and the bulls moved to the sidelines. The...
Read MoreGood evening everyone. Hope you had a safe weekend and are well rested for the shortened trading week. We find ourselves opening the week from a long downtrend that continued all of last week. Every day last week was lower...
Read MoreGood afternoon. I’m going to give a brief commentary and get to a highly requested chart that is running today. Some of us in the live chat are in it as well. First off, let’s quickly cover what is happening today. We are...
Read MoreGood evening everyone. Some nights I try to catch Jim Cramer’s Mad Money, to see what information is being disseminated by him (and to a lesser extent, CNBC) these days. Contrary to some, who have a pure disdain for Cramer, I...
Read MoreGood evening traders/investors. We had a very nice end to last week with the Russell rebalancing bringing significant volume and positive momentum to the market, only to have a very boring and unemotional Monday. The week saw...
Read MoreGood evening. Just a brief update tonight. We have been drifting aimlessly as a market the past few days. This type of action is very frustrating as it is hard to be bullish or bearish and move with the trend. At least when...
Read MoreGood evening and Happy Fathers Day. Below, are some of the most requested charts over the past week with some general market analysis to digest. Despite the alarmingly low volume in the markets, which is not giving confidence...
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