Posts Tagged by stocks
4 Auto Stocks Roaring Higher…can it last?
| February 29, 2012 | Posted by admin under Stocks & Stock Market Analysis |
In my column for Investopedia this week I looked at the Consumer Goods sector – one of the top performing stock groups over the last month. Within that sector 4 auto stocks stand out, and are putting up big gains this year — two of the companies you have heard of…the other two maybe not. 4 Auto…
Larger Perspective on Current Stock Market Fall
| March 3, 2009 | Posted by admin under Stocks & Stock Market Analysis |
I wanted to bring up a few things about the current problems in the stock market. The near term target is now 6000 (see my previous posts in the Market Blog category). If we pan out to a very long term view of the indexes, both the S&P (1950-now) and the Dow (1930-now) we see…
US Stocks Confirm Further Downswing
| March 2, 2009 | Posted by admin under Stocks & Stock Market Analysis |
The DOW broke below 7500 and then respected that level, before falling below support at 7100. This action by the DOW confirms, or makes much more likely, another primary downswing to the target of 6000. ~Cory Mitchell
8 Trading Rules
| March 1, 2009 | Posted by admin under Intro to Trading |
These are the 8 Rules of “Carney” from the book “Ugly Americans” by Ben Mezrich (published by Harper Perennial). They are pretty good so I thought I would reproduce them here. Check out the book, it isn’t too bad. Not as much trading material as I was hoping for but still an entertaining read. 1.…
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…
S&P Confirms Swing Down
| February 23, 2009 | Posted by admin under Stocks & Stock Market Analysis |
The other day I talked about how the S&P 500 had not broken below its lows. Today it did, confirming the down swing we have already seen from the Dow Jones Index. Targets for the downswing are 6000 of the Dow and 600 for the S&P. If even further confirmation is need the German DAX…
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…
A Good Reminder
| January 31, 2009 | Posted by admin under Intro to Trading, Techncial Analysis Tutorials |
The following is an article I found which is a good reminder to keep things simple. I generally just use price as an indicator, coupled with chart patterns (past prices). Although occasionally I refer to an RSI or price overlay for confirmation. Here is the article…. Trading Analysis Pitfalls by Ginny Fairham It is very…
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…