The oil services tracking fund (OIH) has had a rough tough the last few weeks, and today has trailed under $140 support and is right on its 50 Day Moving Average. If the 50 MA can’t hold this fund afloat, then trailing into the mid $130s is highly plausible. I would advise staying away from [...]

Shares of International Assets Holding Corp (IAAC) have struggled again today, and currently are trading near intra-day lows of $27. The stock is down nearly 8.5% today on volume of almost 700,000, and as seen by the chart below has had a rough last two weeks. But, with bigtime selloffs comes solid money making opportunities, [...]

As seen in the chart, a fall under $75 support would raise a bear flag for Exxon Mobil (XOM). A fall below and the stock will most likely stumble towards $74 and the 50 Day Moving Average. Today XOM is up though, trading just under 1% higher thus far at just about $76. Volume is [...]

Take a look at this chart of NYSE Group (NYX) to understand what we were looking at last week. The stock falling back under $100 signaled the end of its move above, and today NYX is down under $93 a share on volume of just over 1.5 million shares. Low on the day is $92.51.

The NASDAQ opened today just under 2400, with a low on the day thus far of 2397.68. Volume has been declining which is good for support, but be catious as a fall and close under this line and the 50 Day Moving Average – the blue line – is very bearish.

Alrighty! Talked to our hosting providers and got the upload situation resolved, so here is a chart of CBOT Holdings (BOT) from the post on BOT earlier this morning. Note the $150 support line, the blue line which is the 50 day moving average, and the close Friday underneath this line. Keep an eye on [...]

Alrighty, for some unknown reason my wordpress is not allowing me to upload any images, this is what we call a “bad beat”. So, until I can figure out the problem I am going to post straight forward what you need to watch out for, and first up is CBOT Holdings (BOT). The stocks is [...]

Written By: Teresa Appleton Stock Forum ID: Teresa
Friday closed the week red, again on light volume. Closing the week red across the broader markets on light volume gave the market a nice correction. This is the biggest drop the market has seen since the week of July 9th. Profit taking, light volume, [...]