US stock futures are walking the flat-line Tuesday morning following the long Christmas holiday weekend. London markets remained closed Tuesday while French and German markets have surged Tuesday following the break in trading....
Read MoreAs the curtain begins to drop on 2011, it’s time to start looking forward to 2012. But first, let’s take a look back at the year that was. It was certainly a doozy, one full of unprecedented and controversial...
Read MoreFinally, Santa delivered a four-day methodical move that traders could have stayed with. Tuesday we got a nice gap and go that never wavered and closed strong! Investor’s Business Daily put us back into a confirmed rally...
Read MoreThe S&P 500 and Nasdaq indices both jumped 0.83% Thursday as the market continues the 2011 edition of the Santa Claus rally. The discernible catalyst for today’s move was another report of better than expected jobless...
Read MoreLots of people are asking me what comes first in the First Half of 2012 – Gold back above $1740 or down to $1,440. The technical’s tell me that $1,440 is the better probability. I measure the technical action of...
Read MoreUS stock futures again point to a higher open on Wall Street Thursday as the market looks to tack on additional gains into Christmas. Stocks had been week until Tuesday, when a higher opening triggered a short squeeze and dip...
Read MoreThe S&P 500 and Dow Jones Index both finished in positive territory Wednesday after steep afternoon reversals, while the Nasdaq was able to pare some losses but still finished 1% lower. A big earnings miss from Oracle (ORCL)...
Read MoreSPY is holding this support area by a thread at $122.80-123.20, ut Tech is a bit too weak to ignore. The Nasdaq ETF (QQQ) already gave back more than 50% of yesterday’s gains. This is not how new longer-term rallies...
Read More1) What are BIDS and OFFERS and how do we use them? The left side of Level 2 represents the bid side. This is the side where market participants ADVERTISE to the world that they are willing to buy stock at a certain price. The...
Read MoreUS stock futures have fallen sharply from pre-market highs and now point to a lower open Wednesday following yesterday’s 3% gain. European stocks had added to yesterday’s gain early this morning after the ECB loaned...
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