Posts Tagged by market commentary
Bond Market to Feds: Drop Dead!
| May 30, 2009 | Posted by admin under Stocks & Stock Market Analysis |
The following is a newsletter article from Larry Levin of www.secretsoftraders.com and it touches on the ice berg of a major issue. Some of this is opinion, although opinion from a successful trader who understands the markets. That said, always read between the lines as numbers can be made to look pretty much any way…
USD/JPY Forex Swing Trade Signal and Set-UP
| April 9, 2009 | Posted by admin under Forex - USD/JPY |
The USD/JPY pair broke above the 99.50 resistance level a few days ago, and has since retreated. The retreat took the pair back to a low 99.30 – right near the top of the old resistance area. The fact the market held this level, combined with a strong day today which is pushing the price…
Dow Catches a Chill From Falling So Fast
| March 5, 2009 | Posted by admin under Stocks & Stock Market Analysis |
On Wednesday after the market closed, everyone was talking about a market rally (from the reports I saw/read). Up 130 points was just the move that was the result of restored confidence, but not only that, it was going to trigger further rallying. Well, Thursday showed market participants that the bear is still more likely…
Proposed Tax Bill Could Cause Major Problems for US Traders
| February 25, 2009 | Posted by admin under Stocks & Stock Market Analysis |
A proposed House of Representatives bill-HR 1068 would tax each buy and sell order by up to 25 basis points of the transaction value. While it is hard to say at this point whether the bill will be passed I encourage active traders and investors in US markets to do what they can to oppose…
Don’t get excited over the stock market rally, yet…
| February 25, 2009 | Posted by admin under Stocks & Stock Market Analysis |
The market rallied today up more than 230 points on the Dow Jones Index to close around 7,350. It is possible that the break below 7,500 was a bear trap. But with confirmation from so many indexes, it is more unlikely. Rallies occur in bear markets all the time, it is whether the upward pressure…
DOW 6000?
| February 21, 2009 | Posted by admin under Stocks & Stock Market Analysis |
I have talked about the Dow Jones Index going to 6000 for quite some time. From the first time we tried to break down to this level we saw a rally, but that rally was stifled on multiple attempts to break above 9000 with any conviction. The market again broke lower and has now failed…
Million Dollar Traders By Harvey Walsh
| January 27, 2009 | Posted by admin under Intro to Trading, Techncial Analysis Tutorials |
There’s a great show on British TV – Million Dollar Traders. There are two very important lessons that every trader must understand, that have been perfectly illustrated in this documentary, and I want to discuss those here. Any trader who doesn’t understand these lessons is doomed to fail, just as many of the traders in…
Stock Market Analysis – Tight Range
| January 27, 2009 | Posted by admin under Stocks & Stock Market Analysis |
The Dow Jones average has slipped into a short term range, but the breakout could be significant – especially to the downside. Currently the Down Jones average is ranging between 7900 and 8300. While volume was edging higher to form a possible bottom in the market, volume has normalized and has fallen off the recent…
Stock Market Set to Plunge?
I don’t write about the stock market too much on this site anymore, unless something big is about to happen. And right now it is. You can follow my updates on this unfolding market at http://www.darkpooltraders.com/vb/stock-tips/104-stock-market-breaks-trend-line-support.html (Great site by the way! You can talk with me or other traders, post questions, have discussions in the…